Direxion Daily S&P Oil & Gas Exp. & Prod.… (GUSH) Performance
GUSH total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +133.9% since Dec 31, 2025
- 1 year
- +120.2% total return
- 5 years
- +14.5% a year
- 10 years
- −34.9% a year
- Since first price
- −40.0% a year since 2015
GUSH trailing returns vs SPY, QQQ, AGG
| Period | GUSH total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +20.7% | +20.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +28.9% | +28.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +34.6% | +33.8% | +7.8% | +8.4% | −1.5% |
| YTD | +133.9% | +131.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +120.2% | +117.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +39.9%+11.8%/yr | +31.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +96.7%+14.5%/yr | +79.0% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | −98.6%−34.9%/yr | −98.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionMay 29, 2015 | −99.7%−40.0%/yr | −99.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: GUSH vs SPY
From May 29, 2015: GUSH grew to $29, SPY to $43,489.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GUSH returns by calendar year
3 of 10 full years positive. Best 2021 (+129.9%), worst 2020 (−97.4%). 2026 is year to date.
GUSH annual returns table
| Year | GUSH | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +133.9% | −36.2% | +12.3% | +15.1% | −1.0% |
| 2025 | −19.4% | −53.4% | +17.7% | +20.8% | +7.2% |
| 2024 | −12.7% | −42.6% | +24.9% | +25.6% | +1.3% |
| 2023 | −7.2% | −38.4% | +26.2% | +54.9% | +5.7% |
| 2022 | +66.5% | −57.0% | −18.2% | −32.6% | −13.0% |
| 2021 | +129.9% | −48.3% | +28.7% | +27.4% | −1.8% |
| 2020 | −97.4% | −99.2% | +18.3% | +48.6% | +7.5% |
| 2019 | −52.7% | −83.3% | +31.2% | +39.0% | +8.5% |
| 2018 | −74.3% | −86.3% | −4.6% | −0.1% | +0.1% |
| 2017 | −40.2% | −71.5% | +21.7% | +32.7% | +3.6% |
| 2016 | +57.8% | −60.1% | +12.0% | +7.1% | +2.4% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GUSH largest drawdowns
Now 99.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 10, 2015 | −99.98% | Mar 23, 2020 | not yet | 4.8 years | 11.4 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GUSH risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2015 |
|---|---|---|---|---|
| Annualized return | +3.3% | +14.0% | −36.7% | −41.4% |
| Volatility (annualized) | 51.7% | 61.0% | 99.8% | 102.6% |
| Sharpe ratio | 0.22 | 0.45 | 0.13 | 0.07 |
| Sortino ratio | 0.37 | 0.77 | 0.22 | 0.12 |
| Best month | +39.6% | +44.2% | +162.8% | +162.8% |
| Worst month | −33.4% | −41.9% | −95.6% | −95.6% |
| Best 12 months | +138.7% | +138.7% | +465.5% | +465.5% |
| Worst 12 months | −52.7% | −52.7% | −99.6% | −99.6% |
| Positive months | 47% | 48% | 45% | 43% |
| Beta vs S&P 500 | -0.05 | 1.26 | 3.37 | — |
| Correlation with S&P 500 | -0.01 | 0.32 | 0.52 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
GUSH rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 126 | −99.6% | −17.3% | +465.5% | 40% |
| 3-year (a year) | 102 | −89.7% | −29.0% | +99.9% | 31% |
| 5-year (a year) | 78 | −78.4% | −54.8% | +49.1% | 26% |
| 10-year (a year) | 18 | −49.1% | −37.0% | −31.2% | 0% |
Every holding period starting at a month-end since 2015. Returns for 3 years and longer are annualized.
GUSH performance overview
Direxion Daily S&P Oil & Gas Exp. & Prod.… (GUSH) returned +120.2% over the past year and −34.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2015 it has returned −40.0% a year, turning $10,000 into about $29. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −99.98%, from Jun 10, 2015 to Mar 23, 2020; the fund has not yet regained that high. GUSH finished 3 of its 10 full calendar years with a gain; the best year was 2021 (+129.9%) and the worst 2020 (−97.4%). Volatility has been 102.6% a year.
Related: GUSH chart, GUSH dividends. See the GUSH overview for the latest quote and fund facts.
GUSH performance FAQ
What is the GUSH return over the past year?
GUSH returned +120.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 117.0%.
What is the average annual return of GUSH?
GUSH has returned +14.5% a year over 5 years, −34.9% a year over 10 years, −40.0% a year since May 29, 2015 (total return, distributions reinvested).
How much would $10,000 invested in GUSH be worth?
$10,000 invested in GUSH at its first recorded close on May 29, 2015 would be worth about $29 on October 23, 2026 with distributions reinvested.
What was the worst year for GUSH?
The worst calendar year was 2020, with a total return of −97.4%. The best was 2021 at +129.9%.
What is the biggest drawdown of GUSH?
The largest peak-to-trough decline was −99.98% between June 10, 2015 and March 23, 2020. It has not yet recovered to that high; it is 99.7% below its peak.
How volatile is GUSH?
Over the past 3 years GUSH had an annualized volatility of 51.7% and a Sharpe ratio of 0.22 (excess return over 1–3 month T-bills per unit of risk).