DRIP vs. FCG ETF Comparison
Comparison of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (DRIP) to First Trust ISE-Revere Natural Gas (FCG)
DRIP
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares
DRIP Description
The investment seeks daily investment results, of 300% of the inverse (or opposite) of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index ("index"). The index is provided by S&P and includes domestic companies from the oil and gas exploration and production sub-industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. It is non-diversified.
Grade (RS Rating)
Last Trade
$11.15
Average Daily Volume
2,772,887
34
FCG
First Trust ISE-Revere Natural Gas
FCG Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the ISE-REVERE Natural Gas Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-weighted index comprised of exchange-listed companies that derive a substantial portion of their revenues from the exploration and production of natural gas. The fund is non-diversified.Grade (RS Rating)
Last Trade
$23.76
Average Daily Volume
187,300
36
Performance
Period | DRIP | FCG |
---|---|---|
30 Days | 9.12% | -5.22% |
60 Days | 13.88% | -7.67% |
90 Days | 6.03% | -3.64% |
12 Months | 25.70% | -10.48% |
18 Overlapping Holdings
Symbol | Grade | Weight in DRIP | Weight in FCG | Overlap | |
---|---|---|---|---|---|
APA | F | 3.67% | 3.18% | 3.18% | |
AR | F | 1.4% | 3.18% | 1.4% | |
CNX | B | 1.51% | 3.09% | 1.51% | |
COP | D | 2.49% | 4.21% | 2.49% | |
CRC | B | 1.13% | 1.98% | 1.13% | |
DVN | F | 2.64% | 3.65% | 2.64% | |
EOG | D | 2.71% | 4.33% | 2.71% | |
EQT | C | 2.13% | 4.43% | 2.13% | |
FANG | F | 2.52% | 3.94% | 2.52% | |
KOS | F | 1.87% | 1.14% | 1.14% | |
MGY | C | 0.62% | 2.43% | 0.62% | |
MTDR | D | 2.02% | 2.97% | 2.02% | |
MUR | F | 2.43% | 2.4% | 2.4% | |
NOG | F | 0.54% | 2.04% | 0.54% | |
OXY | F | 2.91% | 3.93% | 2.91% | |
RRC | D | 2.2% | 2.78% | 2.2% | |
SM | F | 1.98% | 2.37% | 1.98% | |
WTI | F | 0.59% | 0.32% | 0.32% |
DRIP Underweight 18 Positions Relative to FCG
DRIP: Top Represented Industries & Keywords
FCG: Top Represented Industries & Keywords