You asked: What does gush ETF Track?

What stocks does GUSH track?

Top 25 Holdings

Company Symbol Total Net Assets
Occidental Petroleum Corp. OXY 1.48%
Renewable Energy Group Inc. REGI 1.47%
Cimarex Energy Co. XEC 1.46%
Range Resources Corp. RRC 1.44%

Why is GUSH ETF so low?

Bull 2X Shares (GUSH) … Bull 2X Shares ETF (GUSH) fell by over 97% during the first 11 months of 2020. This terrible performance can be traced to a collapse in oil prices caused by a supply glut due to a price war between Saudi Arabia and Russia and a dramatic drop in demand driven by the global crisis.

What is GUSH comprised of?

GUSH is comprised of the top E&P companies in the world. The ETF is a leveraged play on the recovery in oil & gas, which is currently underway. The recovery is occurring due to advanced technology being discovered, which is spreading to other basins.

Will GUSH go back up?

Since then, GUSH is up over 80% and could continue climbing as long as the fundamental backdrop for higher oil prices remain.

Is GUSH a good buy?

GUSH has an overall POWR Rating of “F,” which means “Strong Sell.” It receives a “F” Trade Grade, Buy & Hold Grade, and Industry Rank, and a “D” for Peer Grade.

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Will gush go back up in 2021?

GUSH: Global Energy’s Rebound Likely To Produce Returns In 2021.

What is the most leveraged ETF?

The ProShares UltraPro QQQ ETF (TQQQ) is the most popular leveraged ETF, with over $8 billion in assets under management. The fund seeks to deliver 300% of the daily returns of the underlying NASDAQ-100 index, composed mostly of tech and communications stocks. This ETF has an expense ratio of 0.95%.

How long can you hold ETFs?

Holding period:

If you hold ETF shares for one year or less, then gain is short-term capital gain. If you hold ETF shares for more than one year, then gain is long-term capital gain.

Is GUSH a stock or ETF?

GUSH ETF Info

Issuer Direxion Investments
Underlying Index S&P Oil & Gas Exploration & Production Select Industry Index
Asset Class Equity
Sector Natural Resources
Assets Under Management (AUM) 725.97K

What companies make up GUSH ETF?

GUSH ETF Guide | Stock Quote, Holdings, Fact Sheet and More

Symbol Holding % Assets
CVX Chevron Corporation 1.84%
MPC Marathon Petroleum Corporation 1.83%
PXD Pioneer Natural Resources Company 1.83%
XOM Exxon Mobil Corporation 1.79%
Capital