The Best Oil ETF?

The Direxion Daily Energy Bear 3X Shares (ERY) seeks to generate -300% (3x Inverse) correlation to the DAILY performance of the Russell 1000 Energy Index before fees and expenses. This means that if the Russell 1000 Energy Index falls by 1% on a given day the goal of ERY is to rise by 3%. The [...]

If there is one ETF that has absorbed it’s fair share of the liquidity offered by the Federal Reserve it’s the Direxion Energy Bull 3x Shares (ERX). This ETF is based on the performance of oil stocks as it tracks the Russell 1000 Energy Sector and applies 300% leverage. This ETF is a stock traders [...]