Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares
This usually takes 2-5 minutes, but may take up to 15 minutes
DRIP is a leveraged ETF that aims to deliver twice the inverse daily performance of an index of oil and gas stocks. Investors use it to profit when energy companies' prices fall, often as a hedge or speculative bet. It makes money by tracking this index through financial derivatives, creating value by providing a tool for short-term trading in volatile markets.
DRIP is a leveraged ETF that aims to deliver twice the inverse daily performance of an index of oil and gas stocks. Investors use it to profit when energy companies' prices fall, often as a hedge or speculative bet. It makes money by tracking this index through financial derivatives, creating value by providing a tool for short-term trading in volatile markets.
DRIP operates in the financial sector as a leveraged exchange-traded fund (ETF). It doesn't provide traditional products or services but offers a financial tool for investors. This ETF is designed to move inversely to oil and gas exploration and production stocks, using leverage to amplify returns.
DRIP operates in the financial sector as a leveraged exchange-traded fund (ETF). It doesn't provide traditional products or services but offers a financial tool for investors. This ETF is designed to move inversely to oil and gas exploration and production stocks, using leverage to amplify returns.
