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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Is AI Energy Really 4 Million Times More Powerful Than Oil? (Surprising Answer) (Ad)
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
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American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Is AI Energy Really 4 Million Times More Powerful Than Oil? (Surprising Answer) (Ad)
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
The A.I. story nobody is telling you (Read ASAP) (Ad)
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
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3 Magnificent Seven Stocks Outperforming the Rest
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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Is AI Energy Really 4 Million Times More Powerful Than Oil? (Surprising Answer) (Ad)
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
The A.I. story nobody is telling you (Read ASAP) (Ad)
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS (Ad)
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
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NYSEARCA:ONG

Direxion Daily Oil Services Bull 2X Shares (ONG) Price, Holdings, & News

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Free ONG Stock Alerts
Notice: This company has been marked as potentially delisted and may not be actively trading.
Compare
Today's Range
$28.98
▼
$28.98
50-Day Range
N/A
52-Week Range
$15.48
▼
$20.99
Volume
N/A
Average Volume
510 shs
Market Capitalization
$8.69 million
Assets Under Management
$5.82 million
Dividend Yield
0.57%
Net Expense Ratio
1.07%
Stock Analysis
Stock Analysis

About Direxion Daily Oil Services Bull 2X Shares

The Direxion Daily Oil Services Bull 2X Shares (ONG) is an exchange-traded fund that is based on the MVIS US Listed Oil Services 25 index. The fund provides 2x daily leveraged exposure to a market cap-weighted index of 25 of the largest U.S.-listed oil services companies. ONG was launched on Jan 20, 2022 and is managed by Direxion.

ONG ETF News Headlines

March 21, 2024 | msn.com
Direxion Daily Global Clean Energy Bull 2X Shares declares quarterly distribution of $0.0227
February 22, 2024 | msn.com
Oil Bulls Return With Markets Showing the First Signs of Spring
April 19, 2024 | Gold Safe Exchange (Ad)
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
February 22, 2024 | msn.com
Commodity Roundup: Oil gains; ANZ sees copper at $10,000/t over next 12 months
December 8, 2023 | msn.com
Inverse Energy ETFs Rise Amid Steep Decline in Oil
November 29, 2023 | seekingalpha.com
FNGG Direxion Daily NYSE FANG+ Bull 2X Shares ETF
March 24, 2023 | msn.com
Direxion Daily Oil Services Bull 2X Shares declares quarterly distribution of $0.1436
January 18, 2023 | seekingalpha.com
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares ETF
April 19, 2024 | Gold Safe Exchange (Ad)
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
January 14, 2023 | seekingalpha.com
GUSH: Leveraged Exposure To Oil's Upside
See More Headlines
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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily Oil Services Bull 2X Shares
Tax Classification
Regulated Investment Company
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:ONG
Inception Date
1/20/2022
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
MVIS US Listed Oil Services 25 Index
Category
Sector
Focus
Energy
Development Level
Blended Development
Region
Global
Number of Holdings
9

Fund Statistics

Assets Under Management
$5.82 million
Average Daily Volume
$0.00
Discount/Premium
-0.12%
Leveraged
2.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Latour Trading

Miscellaneous

Outstanding Shares
300,000
Beta
3.02
Creation Unit
50,000
Creation Fee
$250.00
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Direxion Daily Oil Services Bull 2X Shares Expenses

TypeONGEnergy ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.61%0.54%0.50%0.51%
Other Expenses0.34%0.25%0.54%0.64%0.58%
Total Expense1.09%0.69%0.70%0.74%0.70%
Fee Waiver-0.02%-0.20%-0.55%-0.68%-0.57%
Net Expense1.07%0.71%0.60%0.58%0.58%

Direxion Daily Oil Services Bull 2X Shares (ONG) Holdings

Top 10 ONG Holdings

Full Holdings Details

ONG ETF - Frequently Asked Questions

What does ONG invest in?

Direxion Daily Oil Services Bull 2X Shares is a equity fund issued by Direxion. ONG focuses on energy investments and follows the MVIS US Listed Oil Services 25 Index. The fund's investments total to approximately $5.82 million assets under management.

What stocks does Direxion Daily Oil Services Bull 2X Shares hold?

ONG invests in 9 holdings. Some of the stocks in their portfolio include Schlumberger (SLB), Halliburton (HAL), Baker Hughes (BKR), Tenaris (TS), ChampionX (CHX), Transocean (RIG), Valaris (VAL), NOV (NOV), Noble (NE) and TechnipFMC (FTI).

What is the management fee for Direxion Daily Oil Services Bull 2X Shares?

Direxion Daily Oil Services Bull 2X Shares' management fee is 0.75% and has other expenses of 0.34%. However, ONG has a fee waiver of -0.02% to reimburse the expenses. The net expense ratio for ONG is 1.07%.

This page (NYSEARCA:ONG) was last updated on 4/19/2024 by MarketBeat.com Staff

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