GUSH is a leveraged ETF that gives investors a chance to earn twice as much return on their long position in the exploration and production industry. As suggested by its name, GUSH uses borrowed capital to maintain a $2 exposure for every $1 in the index.
Is GUSH a risky investment?
GUSH is an ultra-high risk high-reward investment opportunity, and although investors could see incredibly high shareholder returns under a commodities boom, I don’t think the fund’s risk-reward profile is very compelling.
What is GUSH ETF based on?
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 is the future of GUSH?
Based on our forecasts, a long-term increase is expected, the “GUSH” fund price prognosis for 2026-11-25 is 302.218 USD. With a 5-year investment, the revenue is expected to be around +239.72%. Your current $100 investment may be up to $339.72 in 2026.
What kind of ETF is GUSH?
Bull 2X Shares (GUSH), or bearish choices with the Direxion Daily S&P Oil & Gas Exploration & Production Br 3X ETF (DRIP). GUSH seeks daily investment results of 200% of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index.
Why did gush stock drop so much?
Bull 2X Shares ETF (GUSH) fell by over 97% during the first 11 months of 2020. This terrible performance can be traced to a collapse in oil prices caused by a supply glut due to a price war between Saudi Arabia and Russia and a dramatic drop in demand driven by the global crisis.
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.
What stocks are included in GUSH?
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 stocks make up GUSH ETF?
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3x Shares ETF
| 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% |
Will GUSH ever go back up?
GUSH: Global Energy’s Rebound Likely To Produce Returns In 2021.
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.
Does Gush pay dividends?
Dividend: 21-Dec $1.495 (Est.)
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 |
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.
What kind of company is GUSH?
GUSH – Direxion Daily S&P Oil & Gas Exp.