---
ticker: "ERX"
name: "Direxion Daily Energy Bull 2X ETF"
url: "https://etf.net/etf/ERX"
grade: "B"
score: 69
graded_at: "2026-10-12"
category: "2x/3x Long Energy"
category_rank: "1 of 6"
methodology: "https://etf.net/methodology"
---

# ERX: Direxion Daily Energy Bull 2X ETF

Grade **B**, Score 69 of 100. Rank 1 of 6 in 2x/3x Long Energy.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 75 | 2 of 6 |
| Mission | Not scored | — |
| Risk | 71 | 2 of 6 |
| Tradability | 60 | 2 of 6 |
| Holdings | Not scored | — |
| Durability | 55 | 3 of 6 |

## Top holdings

The fund holds 28 positions. These are the largest 28, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Ixe Swap Asset Leg (Ixejpl) | 14.57% |
| 2 | — | Ixe Swap Asset Leg (Ixeubl) | 13.69% |
| 3 | — | Ixe Swap Asset Leg (Ixebcl) | 11.06% |
| 4 | — | Dreyfus Govt Cash Man Ins | 10.56% |
| 5 | — | Ixe Swap Asset Leg (Ixemll) | 8.87% |
| 6 | — | Ixe Swap Asset Leg (Ixebpl) | 8.42% |
| 7 | XOM | Exxonmobil Holdings Corp | 7.09% |
| 8 | CVX | Chevron Corp | 5.32% |
| 9 | — | Goldman Finl Sq Trsry Inst 506 | 2.86% |
| 10 | COP | Conocophillips | 2.05% |
| 11 | MPC | Marathon Petroleum Corp | 1.54% |
| 12 | VLO | Valero Energy Corp | 1.50% |
| 13 | PSX | Phillips 66 | 1.44% |
| 14 | WMB | Williams Cos Inc | 1.30% |
| 15 | EOG | Eog Resources Inc | 1.18% |
| 16 | SLB | Slb Ltd | 1.10% |
| 17 | KMI | Kinder Morgan Inc | 0.96% |
| 18 | TRGP | Targa Resources Corp | 0.93% |
| 19 | — | Falcon Topco Inc | 0.86% |
| 20 | BKR | Baker Hughes Co | 0.85% |
| 21 | DVN | Devon Energy Corp | 0.80% |
| 22 | OXY | Occidental Petroleum Corp | 0.66% |
| 23 | FANG | Diamondback Energy Inc | 0.59% |
| 24 | EQT | Eqt Corp | 0.50% |
| 25 | HAL | Halliburton Co | 0.41% |
| 26 | TPL | Texas Pacific Land Corp | 0.32% |
| 27 | EXE | Expand Energy Corp | 0.31% |
| 28 | APA | Apa Corp | 0.24% |

Source: etf.net, https://etf.net/etf/ERX. Please cite the page URL.