DRIP · NYSE

Direxion Daily S&P Oil & Gas E&P Bear 2X ETF (DRIP)

$32.80
Pre-market−0.30 (−0.91%)
At close$33.10(−0.51%)
  1. DRIP: A Leveraged Tool For An Energy Correction

    Seeking Alpha

    The Direxion Daily S&P Oil & Gas Exploration & Production Bearish 2X ETF is rated Buy for short-term bearish trades on energy stocks. Recent geopolitical developments, weakened OPEC influence, and U.S. pro-production policy create a compelling case for lower oil and gas prices. DRIP offers highly liquid, leveraged exposure to declines in energy stocks but is only suitable for tactical, short-term trading with strict risk management.

  2. CORRECTING and REPLACING CI Global Asset Management Announces June 2026 Distributions for the CI ETFs

    GuruFocus

    Please replace the release dated June 15, 2026 with the following corrected version due to multiple revisions. The updated release reads: CI GLOBAL ASSET M

  3. Crude Awakening: Soaring Oil Prices Bad for Consumers, Great for Traders

    ETF Trends

    Amid the conflict in Iran, oil prices have skyrocketed, leaving consumers with potential pain at the pump, though it creates an opportunistic environment for savvy traders. Ongoing supply disruptions and a resurgence in industrial activity should provide even more bullish catalysts.

  4. With Oil Prices Under Pressure, Here Are ETFs to Trade

    ETF Trends

    In the world of oil trading, volatility is a way of life. It's also an ideal opportunity for traders to make a profit.

  5. Now Is a Good Time to Be an Energy Bear

    ETF Trends

    Energy sector bulls are feeling anything but energetic these days. Nonetheless, traders can still extract profitable opportunities in the sector with the flexibility of leveraged/inverse funds from Direxion.

  6. 4 ETFs to Mull as Hedge Funds Load Up on Energy

    ETF Trends

    With rate cuts potentially looming in September, hedge funds are loading up on energy sector stocks,. That could give traders opportunities in leveraged ETFs if they want to mirror their bets.

  7. Rate Cut Hopes Spur Oil & Energy ETFs Higher

    ETF Trends

    The expectation of rate cuts is pushing oil prices higher as U.S. consumer prices fell during the month of June. This could give bullish oil and energy traders more momentum to bet on price increases when the Federal Reserve finally loosens monetary policy.

  8. Falling Gas Prices Could Provide Upside for This Inverse ETF

    ETF Trends

    Falling gas prices should open opportunities for traders to place bearish bets on oil prices. If so, then bears can take a look at the Direxion Daily S&P Oil & Gas Exp.

  9. Oil And Gas Stocks Tank With Record Supply Fueling Sector Sell Off: This Inverse ETF (DRIP) Offers A 200% Return - Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (ARCA:DRIP)

    Benzinga

    Direxion Daily S&P Oil & Gas Exp & Prod Bear 2X Shares DRIP was rising about 4.5% Tuesday after data released by the Bureau of Labor Statistics showed the Consumer Price Index (CPI) eased to an annual rate of 3.1% in November, which matched expectations.

  10. 2 Leveraged ETFs to Watch for the Holiday Season

    ETF Trends

    Many Americans are prepping for the holiday season. Traders are also prepping their watch lists for potential opportunities in the market.

  11. A Recession Could Push This Leveraged Oil and Gas ETF Higher

    ETF Trends

    Recession fears are making their way into the oil and gas markets, which could mean that tamped-down demand for these commodities could set up profitable opportunities for inverse exchange traded funds (ETFs). Reuters reported that recession fears could “dent fuel demand” after a rise in U.S. gasoline inventories.

  12. Looking To Trade The Oil And Gas Sector To The Downside? This 2X Leveraged ETF Formed This Pattern

    Benzinga

    The Direxion Daily S&P Oil & Gas Exp & Prod Bear 2X Shares DRIP declined about 5% Friday after Russian Deputy Prime Minister Alexander Novak told state-owned news channel Rossiya-24 that Russia could reduce its oil production by 500,000-700,000 barrels a day.

  13. DRIP: A Narrow Window Of Opportunity

    Seeking Alpha

    DRIP is an ETF for oil bears or those who want to profit from a fall in the stocks of companies that extract oil and natural gas. To trade such a leveraged tool, it is important to be knowledgeable about demand and supply, which are variables that determine the price of oil.

  14. Slowing Future Demand Could Prop up This Bearish Oil ETF

    ETF Trends

    Consumers have been feeling pain at the pump, but falling oil prices could be alleviating that in the interim. In the meantime, this is helping to prop up the Direxion Daily S&P Oil & Gas Exploration & Production Br 2X ETF (DRIP).

  15. DRIP: Risky Energy ETF May Provide Outsized Gains Soon

    Seeking Alpha

    DRIP is a risky, double-short oil and gas ETF. Its long-term performance of DRIP has been awful, but there are times when it has provided outsized gains.

  16. DRIP: A Very High Risk Double Oil Short

    Seeking Alpha

    DRIP is a double-short oil ETF. But its Index does not match 2X returns of the nearby NYMEX futures contract nor SCO, another double-short ETF.

  17. Oil Prices Fall on Hedge Funds Trimming Bullish Bets

    ETF Trends

    Oil prices soared to stratospheric levels following fears of a potential supply crunch after Russia's invasion of Ukraine. Now, prices are coming back down to earth as big players like hedge funds are starting to trim their bets.

  18. Contrarian Bearish ETF Bets Against the Energy Sector

    ETF Trends

    As oil and gas company stocks rallied on the surge in crude prices, short-sellers have been betting against the energy sector. Exchange traded fund traders can also turn to inverse or bearish strategies to hedge against a correction in a potentially overbought trade.

  19. Oil Prices Drop Over 10% on Russia Oil Supply Disruption Amid Invasion

    ETF Trends

    Oil had its worst trading day on Wednesday since November as prices dropped 12%. As CNBC reports, the United States is looking into alternate sources of production amid the Russia-Ukraine conflict.

  20. DRIP - A Day Trading Tool With A 40% Monthly Return

    Seeking Alpha

    DRIP is an ETF that seeks daily investment results of 200% of the inverse of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index.