Direxion Daily Natural Gas Related Bear 3X Shares (GASX) ETF Holdings & Analysis

What GASX does

This investment vehicle seeks to generate daily returns, after accounting for fees, that are three times the inverse of the ISE-Revere Natural Gas IndexTM's daily performance. Under typical market conditions, the fund achieves this by deploying capital into a mix of financial instruments, such as swap agreements, futures contracts, and short positions. These holdings are strategically combined to deliver inverse (or short leveraged) exposure to the index, representing at least 80% of the fund's total net assets (including any borrowed funds used for investment). The underlying ISE-Revere Natural Gas IndexTM is constructed to exploit both immediate, event-driven news and broader, long-term market trends within the natural gas sector. Notably, this fund maintains a non-diversified portfolio, indicating a focused investment strategy.

Fund profile

PortView Portfolio Insights

PortView analyzes how GASX fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

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Frequently asked questions

What does GASX track?

GASX is the Direxion Daily Natural Gas Related Bear 3X Shares, a Other ETF.

What is the expense ratio of GASX?

Expense ratio data for GASX is shown on the page when available from our data provider.

What are the largest holdings in GASX?

GASX's top holdings are listed on this page when available.

How can PortView analyze GASX overlap with other ETFs?

PortView computes the holdings overlap between GASX and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.