Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) price, chart and fund profile
Price chart
Fund profile
DRIP provides 2x inverse daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US.
- Issuer
- Rafferty Asset Management, LLC
- Industry
- Energy
- Inception
- May 28, 2015
- Assets under management
- $106.3M
- Expense ratio
- 1.01%
- Net asset value
- $35.79
- NAV as of
- Aug 28, 2026
- Leverage
- 2×
- Fund page
- www.direxion.com↗
Frequently asked questions
What is Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP)?
DRIP provides 2x inverse daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US.
What is DRIP's expense ratio?
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF charges an annual expense ratio of 1.01%. The fund is issued by Rafferty Asset Management, LLC.
How large is DRIP?
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF manages $106.3M in assets and has traded since May 28, 2015.
How do I buy shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP)?
DRIP trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web dashboard at portal.lighthorse.io, the trading API, or an AI agent connected over MCP. The trade panel on this page places the order once you are signed in.
Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.
