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GUSH vs XLEX

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF

GUSHCNYSE Arca

Corgi U.S. Energy 2x Daily ETF

XLEXCCboe

Overlap

Expense ratio

XLEX −0.49pt a year

GUSH0.94%XLEX0.45%

Avg volume · 30D

GUSH 313.6×the volume

GUSH685KXLEX2.19K

GUSH vs XLEX Performance

Jul 31, 2026 – Oct 30, 2026

+29.0%GUSH+33.9%XLEX

Jul 31, 2026 to Oct 30, 2026. GUSH +29.0%. XLEX +33.9%. Use the arrow keys to read each point.−10%0%10%20%Jul 2026Sep 2026Oct 2026
Expense ratio
GUSH 0.94%
XLEX 0.45%, better
Fund size
GUSH $226M
XLEX $1M
1Y total return
GUSH +134.2%
XLEX No data
Yield (12M)
GUSH 0.93%
XLEX No data
Holdings
GUSH 60
XLEX 1
Avg volume (30D)
GUSH 685K sh, better
XLEX 2.19K sh
NAV per share
GUSH $49.58
XLEX $34.89
52W range

ETF.net Grade

GUSH: Cost 61, Risk 37, Mission not scored, Tradability 43, Holdings not scored, Durability 48. XLEX: Cost 90, Risk 80, Mission not scored, Tradability 23, Holdings not scored, Durability 17.
Pillar letters and Scores for GUSH, XLEX, with each pillar’s weight
PillarGUSHXLEX
Cost30% weightB61A90Higher
Mission25% weightNot scoredNot scored
Risk15% weightD37A80Higher
Tradability15% weightC43HigherF23
Holdings10% weightNot scoredNot scored
Durability5% weightC48HigherF17

Rank among 2x/3x Long Energy funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GUSH and XLEX are both graded against the same 6 2x/3x Long Energy funds, so their Grades compare head to head.

2x/3x Long Energy⁠

Category · 6 funds
See all 6 ›

GUSH ranks 2nd and XLEX 5th of 6 funds in the 2x/3x Long Energy Category.

  1. Rank 1BERXDirexion Daily Energy Bull 2X ETFScore 66
  2. Rank 2CGUSHDirexion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETFScore 50
  3. Rank 2CUCOProShares Ultra Bloomberg Crude OilScore 50
  4. Rank 4CDIGProShares Ultra EnergyScore 47
  5. Rank 5CXLEXCorgi U.S. Energy 2x Daily ETFScore 40
  6. Rank 6DBOILProShares Ultra Bloomberg Natural GasScore 33

Our read on each fund

ETF.net Research

GUSHCDirexion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF

XLEXCCorgi U.S. Energy 2x Daily ETF

In short

GUSH A 2x bet on the drillers, not the barrel. GUSH aims for 200% of the daily move of an S&P index of oil and gas exploration and production stocks, resetting every single close.

XLEX No data

Stated mandate

GUSH The fund seeks daily investment results equal to 200% of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, before fees and expenses.

XLEX No data

Why people hold it

  • GUSH Targets 200% of the daily move of the S&P Oil & Gas Exploration & Production Select Industry Index: the companies pulling it out of the ground, not a broad energy basket.direxion.com
  • Exposure comes from roughly 60 E&P stocks rather than a crude or gas futures ladder, unlike commodity-based peers such as UCO and BOIL.
  • 0.94% expense ratio lands at the low end of its leveraged energy peer group, below DIG's 1.07%.
  • Live since 2015 and actively traded, so it carries a full oil cycle of operating history.

XLEX No data

Worth knowing

  • GUSH The 2x target applies to one trading day. Over longer holds, daily compounding can pull results away from twice the index move for that stretch.direxion.com
  • One industry, doubled. E&P share prices move with crude, and the leverage magnifies both directions.
  • A near-1% fee is heavy next to plain index funds, and it accrues the whole time the position is open. Distributions are quarterly.

XLEX No data

Full GUSH profile⁠

Full XLEX profile⁠

GUSH vs XLEX Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GUSH vs XLEX Cost

Overpaying GUSH vs XLEX

$8,663

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GUSH 0.94%

    $17,704

  • XLEX 0.45%

    $9,041

$10,000
30 years

Cost over time

  • GUSH 0.94%
  • XLEX 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530GUSH $17,704XLEX $9,041

Year by year

YearGUSHXLEXOverpaying
10$1,661$812$849
20$6,260$3,128$3,132
30$17,704$9,041$8,663

Expense ratio

  • 0.94%GUSH
  • 0.45%XLEX, cheaper
  • Middle half of 2x/3x Long Energy funds
  • Median 0.94%

XLEX cheapest of 6 funds

GUSH 3rd cheapest of 6 funds

GUSH vs XLEX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
GUSH 0.93%
XLEX No data
Payout (12M)
GUSH $0.48
XLEX None
Last payment
GUSH $0.15
XLEX No data
Ex-dividend
GUSH Sep 22, 2026
XLEX No data
Paid on
GUSH Sep 29, 2026
XLEX No data
Frequency
GUSH Quarterly
XLEX No data

Distribution history

Per share, 2017 to 2026, same scale for both

GUSHQuarterly · 26 paymentsAll GUSH payments⁠
One bar per payment. 26 payments from 2017 to 2026 YTD. Sep 25, 2018 $0.93; Dec 27, 2018 $0.42; Mar 19, 2019 $3.01; Jun 25, 2019 $1.12; Sep 24, 2019 $1.28; Dec 23, 2019 $0.73; Jun 23, 2020 $0.0023; Sep 22, 2020 $0.00014; Dec 22, 2020 $0.02; Jun 22, 2022 $0.03; Sep 20, 2022 $0.14; Mar 21, 2023 $0.28; Jun 21, 2023 $0.23; Sep 19, 2023 $0.26; Dec 21, 2023 $0.21; Mar 19, 2024 $0.22; Jun 25, 2024 $0.22; Sep 24, 2024 $0.20; Dec 23, 2024 $0.18; Mar 25, 2025 $0.16; Jun 24, 2025 $0.15; Sep 23, 2025 $0.15; Dec 23, 2025 $0.11; Mar 24, 2026 $0.14; Jun 23, 2026 $0.08; Sep 22, 2026 $0.15. Use the arrow keys to read each point.$0$2.502017202020232026YTD
XLEXAll XLEX payments⁠

No distribution history available.

GUSH vs XLEX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GUSH 53.7%XLEX No data
Return per unit of riskSharpe ratio, 3 years
GUSH 0.41XLEX No data
Worst fallMax drawdown, 5 years
GUSH −73.7%XLEX No data
Market sensitivityBeta, 5 years
GUSH 0.01XLEX 2.55

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