DIG
DIG (Direxion Daily Energy Bull 2X Shares) is an exchange-traded fund (ETF) designed to provide twice (2x) the daily performance of the Energy Select Sector Index. It is aimed at investors seeking leveraged exposure to the energy sector, including oil and gas companies.
Asset Summary
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Asset Performance Metrics and Risk Characteristics:
Metrics below use daily returns for Jan 1, 2026 – Aug 23, 2026 (YTD).
Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.
1 Month Trailing Return
13.60%
Represents the percentage change in asset value over the past month.
3 Month Trailing Return
18.96%
Indicates the percentage change in asset value over the last three months.
Period Max Drawdown
30.07%
The highest percentage drop from the peak value to the lowest point during the observed period.
Standard Deviation
47.76%
Shows how much the asset’s daily returns deviate from the average, annualized for the entire period.
Sharpe Ratio
2.27
Measures the average return earned in excess of the risk-free rate per unit of volatility, annualized.
Calmar Ratio
3.61
The ratio of the annualized return to the maximum drawdown, reflecting the return per unit of risk.
Asset Technical Analysis
Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. Using indicators such as moving averages, pivot levels, momentum studies, and candlestick pattern scans can clarify trend strength and volatility. The tabs below summarize moving averages, pivots, technical indicators, candlestick patterns, and recent prices for this symbol.
Analysis
Moving Averages
Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:
| Type/Period | |
|---|---|
| SMA | |
| EMA | |
| WMA | |
| WEMA |
- SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
- EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
- WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
- WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.
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Enhance Your Trading NowFrequently Asked Questions
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DIG adjusts its holdings and leverage daily to reflect changes in the Energy Select Sector Index. The ETF uses derivatives to achieve its 2x leverage ratio and rebalances frequently to maintain this exposure.
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DIG typically distributes dividends on a quarterly basis. These dividends are derived from income produced by the fund's underlying securities and any net investment income.
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Risks include high volatility and the potential for significant losses due to the leveraged nature of the ETF. Leveraged ETFs like DIG are designed for short-term trading and may not perform as expected over longer periods due to compounding and daily rebalancing.
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Similar ETFs to DIG include: XOP (SPDR S&P Oil & Gas Exploration & Production ETF), which provides exposure to the oil and gas exploration and production sector but without leverage; ERX (Direxion Daily Energy Bull 3X Shares), which seeks to provide three times (3x) the daily performance of the Energy Select Sector Index; and XLE (Energy Select Sector SPDR Fund), which provides exposure to the energy sector, including integrated oil, gas, and consumable fuels.
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DIG aims to provide twice the daily performance of the Energy Select Sector Index. Due to the leveraged nature of the ETF, its performance may deviate from the index over longer periods due to daily compounding effects and rebalancing.
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DIG uses financial derivatives to achieve twice the daily performance of the Energy Select Sector Index. The ETF rebalances daily to maintain this 2x leverage ratio, which can amplify returns in rising markets and magnify losses in falling markets.
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DIG has an expense ratio of approximately 0.95%. This fee covers the costs associated with managing the fund, including administrative and operational expenses.
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Key performance metrics for DIG include its net asset value (NAV), daily percentage returns, expense ratio, and tracking error. NAV indicates the per-share value of the ETF, daily returns reflect the leveraged performance relative to the Energy Select Sector Index, the expense ratio covers management fees, and tracking error measures deviation from the ETF’s target performance.
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Investors can buy shares of DIG through a brokerage account. It is traded on major stock exchanges under the ticker symbol "DIG" and can be purchased and sold like other stocks and ETFs.
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DIG is managed by Direxion and utilizes financial derivatives, such as futures contracts, options, and swaps, to achieve its objective of delivering twice the daily performance of the Energy Select Sector Index. The ETF is rebalanced daily to maintain this leverage.
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Disclaimers
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Securities products are: Not FDIC insured · Not bank guaranteed · May lose value
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