DRIP vs. XLE ETF Comparison
Comparison of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (DRIP) to SPDR Select Sector Fund - Energy Select Sector (XLE)
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
$12.12
Average Daily Volume
1,749,040
34
XLE
SPDR Select Sector Fund - Energy Select Sector
XLE Description
The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Energy Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.Grade (RS Rating)
Last Trade
$86.01
Average Daily Volume
12,981,105
22
Performance
| Period | DRIP | XLE |
|---|---|---|
| 30 Days | 5.12% | -1.51% |
| 60 Days | 23.67% | -3.95% |
| 90 Days | 25.42% | -3.66% |
| 12 Months | 30.12% | -2.50% |
14 Overlapping Holdings
| Symbol | Grade | Weight in DRIP | Weight in XLE | Overlap | |
|---|---|---|---|---|---|
| APA | F | 3.67% | 0.76% | 0.76% | |
| COP | D | 2.49% | 4.46% | 2.49% | |
| CVX | F | 2.35% | 16.79% | 2.35% | |
| DVN | F | 2.64% | 2.09% | 2.09% | |
| EOG | D | 2.71% | 4.96% | 2.71% | |
| EQT | D | 2.13% | 1.43% | 1.43% | |
| FANG | D | 2.52% | 2.57% | 2.52% | |
| HES | F | 2.69% | 2.8% | 2.69% | |
| MPC | D | 2.33% | 4.35% | 2.33% | |
| MRO | C | 2.49% | 1.18% | 1.18% | |
| OXY | F | 2.91% | 2.83% | 2.83% | |
| PSX | D | 2.19% | 4.23% | 2.19% | |
| VLO | D | 2.33% | 3.41% | 2.33% | |
| XOM | C | 2.37% | 23.76% | 2.37% |
DRIP Overweight 20 Positions Relative to XLE
DRIP: Top Represented Industries & Keywords
XLE: Top Represented Industries & Keywords
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