What Is ERX ETF?
In November 2008, Direxion introduced bull and bear lines for the Daily Energy Shares 2X ETF. The bull, Direxion Daily Energy Bull 2X (ERX), aspires to replicate 200 percent of the S&P Energy Select Sector Index’s daily performance. In other words, ERX seeks to deliver a 2 percent gain for every 1 percent advance in […]
