Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares trades under ticker DRIP on NYSE as an ETF. Use this page to review its stock price, dividends, and price history. The page also shows Trading--Inverse Equity exposure. Identifiers: ISIN US25460G3285, CUSIP 25460G328.
About the Company
The index measures the performance of the domestic companies included in the integrated oil and gas, oil and gas exploration and production and oil and gas refining and marketing sub-industries as classified by the GICS. The fund invests at least 80% of its net assets in financial instruments, that, in combination, provide 2X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. It is non-diversified.