TEXU, the Direxion Daily Energy Top 5 Bull 2X ETF, is a $3 million ETF whose main story is geopolitical supply.
The narrative it carries
This is its only narrative.
Geopolitical supply →
Oil and the companies that produce, move and refine it, priced partly on the risk that supply is cut off.
The band is where this narrative’s level sits among the 22 this week. QUIET means less talked about, not falling.
| # | ETF | SHARE | ASSETS | 1 YEAR | COST |
|---|---|---|---|---|---|
| 1 | XLE | 37.4% | $39.13bn | +52.5% | 0.08% |
| 2 | AMLP | 12.1% | $12.62bn | +24.6% | 1.01% |
| 3 | VDE | 9.6% | $11.10bn | +50.7% | 0.09% |
| 4 | GUNR | 6.5% | $6.84bn | +26.7% | 0.46% |
| 5 | GNR | 4.8% | $5.07bn | +31.7% | 0.40% |
| 83 other ETFs | 29.6% |
Share is each ETF’s slice of the capital carrying this narrative. 1 year is market price total return; cost is the expense ratio. See all 88 ETFs on the narrative page →
How it is built
Seeks 2x the daily return of its exposure, and gets its exposure through swaps. It carries the narrative but does not count toward Share of Narrative, because only unlevered long exposure does.
Narrative exposure
Common questions
What story is TEXU selling?
TEXU’s main story is geopolitical supply, which covers oil and the companies that produce, move and refine it, priced partly on the risk that supply is cut off.
Run an ETF in geopolitical supply? StoryVector shows issuers where their ETFs stand against the closest rivals, every week.
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