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

10-Year Study

GUSH.US · · US · ETF

Executive Summary: Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares has compounded at -36.8% annually over the last 10 years, with a maximum drawdown of 99.9% and an annualized volatility of 75.8%.

1Y CAGR
+94.3%
3Y CAGR
+16.3%
5Y CAGR
+14.9%
10Y CAGR
-36.8%

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 →
99.9%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.18
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.31
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
100.5%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · +129.9%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · -97.4%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
30%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202622.318.739.1-15.6————————70.4%
20251.9-5.61.0-33.415.410.92.86.7-0.9-9.210.7-11.0-19.4%
2024-6.510.422.2-5.30.1-8.30.4-10.7-10.7-2.222.6-17.1-12.7%
20236.4-12.3-8.5-1.8-14.718.822.27.3-1.1-4.8-10.6-1.2-7.2%
202221.519.431.3-5.133.6-41.929.29.7-26.244.2-0.9-20.666.5%
202118.953.90.9-4.221.717.1-28.1-1.835.520.0-17.7-3.5129.9%
2020-48.9-51.9-95.6162.8-13.1-4.1-5.5-0.8-33.3-8.868.615.9-97.4%
201947.3-9.36.9-0.5-45.717.5-24.9-40.35.4-18.7-13.356.5-52.7%
2018-4.4-30.818.736.120.53.8-1.9-6.26.0-44.6-28.0-50.5-74.3%
2017-10.7-16.8-5.2-19.3-20.9-8.63.9-21.743.50.510.612.3-40.2%
2016———57.3-4.0-10.0-7.121.010.7-23.057.2-3.697.6%

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 75.8%. The dominant macroeconomic risk driver is SHV.US, accounting for 35.6% of variance. Idiosyncratic stock-specific factors contribute 14.8%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0115730.740003652762
2016-05-0115100.075475545718
2016-06-0113595.16613202676
2016-07-0112630.286721247541
2016-08-0115287.008765256462
2016-09-0116927.86978726092
2016-10-0113040.029932739737
2016-11-0120492.82467358586
2016-12-0119760.15014775836
2017-01-0117654.113786294176
2017-02-0114679.969610664966
2017-03-0113916.969261180748
2017-04-0111227.004161539982
2017-05-018875.717764372108
2017-06-018108.824339207048
2017-07-018428.038950668482
2017-08-016598.395084700142
2017-09-019467.432224779459
2017-10-019518.039204713987
2017-11-0110522.39694335197
2017-12-0111814.825975397409
2018-01-0111289.289939386115
2018-02-017816.859970118756
2018-03-019280.57489124106
2018-04-0112632.325951366076
2018-05-0115224.96973768772
2018-06-0115808.89890499522
2018-07-0115513.041460226086
2018-08-0114551.505408422776
2018-09-0115423.087466493456
2018-10-018538.962426670108
2018-11-016144.314925104639
2018-12-013038.650705971854
2019-01-014476.165897206323
2019-02-014059.3252894745515
2019-03-014339.9331379700525
2019-04-014316.495294665319
2019-05-012343.798062662726
2019-06-012754.8063520988276
2019-07-012070.0176870598834
2019-08-011236.5325844255
2019-09-011303.3774491359707
2019-10-011059.9756802926604
2019-11-01918.6457040218836
2019-12-011437.9434638898347
2020-01-01734.9051483351093
2020-02-01353.28975194173154
2020-03-0115.402366880156436
2020-04-0140.47305332483768
2020-05-0135.19130999593527
2020-06-0133.74342228130115
2020-07-0131.90373803926307
2020-08-0131.65784602370725
2020-09-0121.112811995342042
2020-10-0119.253387731112745
2020-11-0132.456029529699975
2020-12-0137.617187070869086
2021-01-0144.722736797873154
2021-02-0168.83860695178353
2021-03-0169.4496893778769
2021-04-0166.53245740274862
2021-05-0180.96026796994298
2021-06-0194.82677529743923
2021-07-0168.18804448130773
2021-08-0166.95600961802542
2021-09-0190.73672852560229
2021-10-01108.87995457391763
2021-11-0189.63300380656288
2021-12-0186.49906071824843
2022-01-01105.1156181682358
2022-02-01125.5255137212036
2022-03-01164.8278979039186
2022-04-01156.451262400167
2022-05-01208.95972142880683
2022-06-01121.37066818086942
2022-07-01156.79456713392727
2022-08-01171.96219940237512
2022-09-01126.87298480121282
2022-10-01182.96940742856515
2022-11-01181.25674593801838
2022-12-01143.99788318301162
2023-01-01153.2035996187944
2023-02-01134.32655970206642
2023-03-01122.96145649093125
2023-04-01120.8012114537445
2023-05-01103.0381953980687
2023-06-01122.43620024827796
2023-07-01149.60404948531755
2023-08-01160.54602961209312
2023-09-01158.81620288485834
2023-10-01151.18410952244938
2023-11-01135.14791627758797
2023-12-01133.58974191723334
2024-01-01124.88782517824382
2024-02-01137.87933456556846
2024-03-01168.5360181594472
2024-04-01159.65944513715712
2024-05-01159.78260571039363
2024-06-01146.5743852098828
2024-07-01147.1532828171861
2024-08-01131.4415125457282
2024-09-01117.33383364276533
2024-10-01114.71141460775375
2024-11-01140.64207941050458
2024-12-01116.58285453766464
2025-01-01118.84652012589672
2025-02-01112.22288441890866
2025-03-01113.32060130510727
2025-04-0175.44893960033836
2025-05-0187.04663176859613
2025-06-0196.52999590780756
2025-07-0199.24596548276882
2025-08-01105.90736471047052
2025-09-01104.97958366748328
2025-10-0195.37391721686971
2025-11-01105.61984699594625
2025-12-0193.97967086688564
2026-01-01114.96417271798477
2026-02-01136.4207185780043
2026-03-01189.76169158601292
2026-04-01160.10874520746594
Annual Return Matrix
YearAnnual Return
2017-0.40208824897326434
2018-0.7428103712827099
2019-0.5267822454670926
2020-0.9738395924349422
20211.299455845948505
20220.6647334894427688
2023-0.07227982131202759
2024-0.12730683610501659
2025-0.193880856326747
20260.70365296803653
Total Factor Risk
0.7580956798344923
VTI.US Exposure
-0.01277081939934081
VEA.US Exposure
-0.011117692293785664
VWO.US Exposure
0.0011817982779460884
QQQ.US Exposure
-0.011058093297669463
VTV.US Exposure
0.06891460077375873
IJR.US Exposure
0.10547526178663329
QUAL.US Exposure
0.03941806809914452
SHV.US Exposure
0.3558016466226896
TLT.US Exposure
0.041472291965377675
LQD.US Exposure
0.02496804587488075
HYG.US Exposure
0.003419843946789684
GLD.US Exposure
0.0002436385561144764
USO.US Exposure
0.23629029362972148
VNQ.US Exposure
-0.014036492153201857
BTC-USD.CC Exposure
0.002489180163013474
CPER.US Exposure
0.017540081825940867
VIX.INDX Exposure
-0.008581946458209552
UUP.US Exposure
0.012917887662837801
TIP.US Exposure
-0.0003435305802557469
Idiosyncratic Exposure
0.14777593499761466
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
75.8%

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 →0.00%
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
$1
Avg Yield on Cost
0.01%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$0.60.01%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 →
+3.7%
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 →
+40.7%
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 →
21.2% 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 →
1.15
Market sensitivity coefficient

Frequently Asked Questions & Methodology

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

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH.US) has an annualized volatility of 75.8% and experienced a maximum drawdown of 99.9% over the last 10 years. Its primary macro risk driver is SHV.US.

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

Over the past 10 years, GUSH.US has generated a Compound Annual Growth Rate (CAGR) of -36.8%. It has had a positive return in 30% 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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