Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares

10-Year Study

DRIP.US · · US · ETF

Executive Summary: Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares has compounded at -42.9% annually over the last 10 years, with a maximum drawdown of 99.8% and an annualized volatility of 121.4%.

1Y CAGR
-59.3%
3Y CAGR
-32.5%
5Y CAGR
-43.4%
10Y CAGR
-42.9%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
99.8%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.27
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.48
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
87.4%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2018 · +49.6%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · -79.7%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
20%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-19.5-18.1-30.515.5————————-47.1%
2025-2.53.9-3.123.5-15.2-11.4-4.2-6.9-1.17.2-10.810.8-14.8%
20245.9-9.9-18.55.0-0.78.1-0.49.210.70.6-19.818.91.3%
2023-8.410.13.4-0.414.2-17.9-19.3-7.10.02.810.6-0.4-17.2%
2022-22.5-19.9-27.90.6-32.851.7-28.5-13.824.8-34.5-4.719.8-73.6%
2021-21.5-39.7-8.0-2.5-21.8-19.430.0-4.8-31.5-19.413.6-2.4-79.7%
202082.271.160.2-69.8-1.7-21.7-2.4-3.039.30.8-52.9-21.2-42.8%
2019-38.34.5-14.1-5.165.0-21.321.541.2-23.113.15.5-40.5-36.1%
20180.330.1-20.7-31.6-22.1-9.7-1.22.1-8.560.925.561.349.6%
20178.416.1-1.619.318.8-0.5-8.922.3-33.2-3.1-15.2-14.9-9.0%
2016———-44.1-3.3-4.0-0.8-23.3-19.925.3-48.31.2-79.3%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 121.4%. The dominant macroeconomic risk driver is SHV.US, accounting for 76.4% of variance. Idiosyncratic stock-specific factors contribute 5.8%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-015588.235460892554
2016-05-015405.405157843484
2016-06-015190.7786027453985
2016-07-015151.033396729265
2016-08-013949.125735013262
2016-09-013163.7521592571875
2016-10-013965.0236429475035
2016-11-012049.2842997211014
2016-12-012073.132033983523
2017-01-012246.4230688554144
2017-02-012608.9030465334395
2017-03-012565.977648277717
2017-04-013062.003018630971
2017-05-013639.1095514070807
2017-06-013621.621765443309
2017-07-013300.476871810947
2017-08-014034.9760953441782
2017-09-012696.3437210744155
2017-10-012612.0823664119707
2017-11-012216.2162586554027
2017-12-011885.53253302639
2018-01-011891.8916089639808
2018-02-012461.0491877729696
2018-03-011951.6827997486027
2018-04-011334.0215098938613
2018-05-011039.5176506339642
2018-06-01938.5963806524799
2018-07-01927.4414997945371
2018-08-01946.5640903823631
2018-09-01866.2519142327756
2018-10-011393.674867631204
2018-11-011748.4867916030187
2018-12-012821.0128399770965
2019-01-011741.682811525477
2019-02-011820.2668404177264
2019-03-011562.7550156726206
2019-04-011482.2839481994645
2019-05-012446.3317036192993
2019-06-011924.232608324371
2019-07-012338.821882016236
2019-08-013301.5817814114152
2019-09-012539.132944859322
2019-10-012870.6756713885625
2019-11-013027.8755707776622
2019-12-011802.29240988194
2020-01-013284.515259795584
2020-02-015618.530210880309
2020-03-019002.07820462271
2020-04-012718.4868963306453
2020-05-012671.8844783221707
2020-06-012093.2351258156054
2020-07-012042.749039861358
2020-08-011980.612083181524
2020-09-012758.8764572750592
2020-10-012781.012406161484
2020-11-011308.757362211075
2020-12-011031.5857206991939
2021-01-01809.4221038509745
2021-02-01487.82818158496735
2021-03-01448.5999872401519
2021-04-01437.33647165996615
2021-05-01342.17881995209115
2021-06-01275.76277028222114
2021-07-01358.49159637519745
2021-08-01341.4021129852832
2021-09-01233.81578541321022
2021-10-01188.37316994146212
2021-11-01214.0074283042669
2021-12-01208.95823401721339
2022-01-01161.96207150011563
2022-02-01129.72503020749087
2022-03-0193.52630085411072
2022-04-0194.10890595456691
2022-05-0163.27008279315523
2022-06-0195.97321066198997
2022-07-0168.62997650589867
2022-08-0159.19189700686202
2022-09-0173.87336001387924
2022-10-0148.39442224572763
2022-11-0146.10287462991837
2022-12-0155.23022974481504
2023-01-0150.60829500511442
2023-02-0155.7351516693654
2023-03-0157.61696056978507
2023-04-0157.38017559403739
2023-05-0165.54915534366107
2023-06-0153.79956562848465
2023-07-0143.41369314701326
2023-08-0140.34967734116975
2023-09-0140.369627462275204
2023-10-0141.49435089739958
2023-11-0145.8727494006031
2023-12-0145.70929651096219
2024-01-0148.42188902005193
2024-02-0143.60399716920958
2024-03-0135.5514735477069
2024-04-0137.324925337059845
2024-05-0137.07746646415691
2024-06-0140.06891557636309
2024-07-0139.9014360567743
2024-08-0143.58593557082761
2024-09-0148.23636454104789
2024-10-0148.53281269173627
2024-11-0138.919420879524175
2024-12-0146.29065784865556
2025-01-0145.144008415126926
2025-02-0146.8852138869633
2025-03-0145.452353427024974
2025-04-0156.13945776211869
2025-05-0147.59836000087476
2025-06-0142.18557517264844
2025-07-0140.41524734929847
2025-08-0137.608632198977155
2025-09-0137.21097337343123
2025-10-0139.90615736358303
2025-11-0135.60255101581655
2025-12-0139.430719688072585
2026-01-0131.753943452807466
2026-02-0125.996359550065822
2026-03-0118.057873915649747
2026-04-0120.849429303576283
Annual Return Matrix
YearAnnual Return
2017-0.0904908601487674
20180.4961358611241813
2019-0.3611186789576709
2020-0.42762577534975676
2021-0.7974397766231347
2022-0.7356877080983306
2023-0.17238626885753017
20240.012718667362424663
2025-0.1481927127285837
2026-0.4712389358218325
Total Factor Risk
1.2135881580537118
VTI.US Exposure
-0.00685299444623066
VEA.US Exposure
-0.004237132424353156
VWO.US Exposure
0.00017624052273822175
QQQ.US Exposure
-0.0024497410029656838
VTV.US Exposure
0.01896973262457978
IJR.US Exposure
0.04072820032238649
QUAL.US Exposure
0.01566370354076565
SHV.US Exposure
0.7638764169417263
TLT.US Exposure
0.01931638290531899
LQD.US Exposure
0.010239953075884486
HYG.US Exposure
0.001377223436916563
GLD.US Exposure
-0.000020372585650597876
USO.US Exposure
0.08616795312044095
VNQ.US Exposure
-0.004438019567111455
BTC-USD.CC Exposure
0.0008226931048204156
CPER.US Exposure
0.0036911705753466563
VIX.INDX Exposure
-0.0028285022053033877
UUP.US Exposure
0.0010236124080801124
TIP.US Exposure
0.00029802951075358266
Idiosyncratic Exposure
0.058475450141856684
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
52.2
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
121.4%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →4.35%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$0.130.00%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-10.2%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-40.0%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
65.4% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
-0.99
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares a high-risk investment?

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP.US) has an annualized volatility of 121.4% and experienced a maximum drawdown of 99.8% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of DRIP.US?

Over the past 10 years, DRIP.US has generated a Compound Annual Growth Rate (CAGR) of -42.9%. It has had a positive return in 20% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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