Question: Is gush a ETF?

A leveraged ETF from Direxion, GUSH offers a sophisticated investor a tool to extract a higher return for the same amount of capital from the Exploration & Production sub-index.

Is GUSH a stock or ETF?

Bull 2X Shares (GUSH) The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares ETF (GUSH) fell by over 97% during the first 11 months of 2020.

What kind of ETF is GUSH?

The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull (GUSH) and Bear (DRIP) 2X Shares seek daily investment results, before fees and expenses, of 200%, or 200% of the inverse (or opposite), of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index.

What exactly is GUSH stock?

GUSH Fund Description

GUSH provides 2x daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US.

Will GUSH go back up in 2021?

GUSH: Global Energy’s Rebound Likely To Produce Returns In 2021.

What stocks make up GUSH ETF?

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3x Shares ETF

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Symbol Holding % Assets
FANG Diamondback Energy, Inc. 2.88%
APA APA Corp. 2.79%
MRO Marathon Oil Corporation 2.78%
EOG EOG Resources, Inc. 2.62%

What stocks are in GUSH ETF?

Top 25 Holdings

Company Symbol Total Net Assets
Financial Square Treasury Instruments Fund FST Shares FTIXX 13.38%
SM Energy Co. SM 1.22%
Callon Petroleum Co ORD CPE 1.10%
Marathon Oil Corp. MRO 1.02%

What kind of company is GUSH?

GUSH – Direxion Daily S&P Oil & Gas Exp.

Is GUSH a mutual fund?

& Prod. Bull 2X Shares Overview | MarketWatch.

ETF Details.

Category Equity Leverage
Fund Status Open
Fund Inception May 28, 2015
Manager Paul Brigandi

Is GUSH expected to rise?

“GUSH” fund predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. … Based on our forecasts, a long-term increase is expected, the “GUSH” fund price prognosis for 2026-12-02 is 305.858 USD. With a 5-year investment, the revenue is expected to be around +207.3%.

How does GUSH ETF work?

As suggested by its name, GUSH uses borrowed capital to maintain a $2 exposure for every $1 in the index. GUSH aims to provide daily returns of 2x the performance of the S&P Oil & Gas Exploration & Production Select Industry Index.

Did GUSH do a reverse stock split?

Massive Reverse Splits Announced

On Tuesday, Direxion announced a 1-for-40 reverse split for GUSH, as well as a 1-for-10 split for the more broadly based Direxion Daily Energy Bull 3x Shares (ERX), and a whopping 1-for-100 split for GASL.

Is direxion a good investment?

These Direxion ETFs can deliver big short-term gains, but they are trades, not investments. Direxion is one of the largest issuers of leveraged exchange-traded funds (ETFs), those products that have the power to seduce with the potential for outsized short-term gains but can also be ruinous if held for too long.

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What makes Gush stock go up?

The Gains Keep Coming for GUSH

GUSH is up over 100% in the last few months thanks to its added dose of leverage. The ETF seeks daily investment results of 200% of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index.

Does Gush pay dividends?

Dividend: 21-Dec $1.495 (Est.)