# XOP Leveraged ETFs: 2x & Inverse, Compared

> 2 leveraged and inverse ETFs on XOP: multiple, issuer, fee and net assets. Each against its stated multiple, as of Oct 27, 2026.

Data as of Oct 27, 2026. Rebuilt every trading night.

Data as of Oct 27, 2026 .

## XOP leveraged and inverse ETFs

As of Oct 27, 2026, 2 ETFs aim to return −2x to 2x the daily move in oil and gas producers (XOP). Over three months they finished from +0.1 to +7.8 percentage points against what their stated multiples implied.

### Browse leveraged ETFs

### All 2 leveraged and inverse ETFs on XOP

| Ticker | Fund | Issuer | 1M vs multiple | 3M vs multiple | 1Y vs multiple | Net assets | Net assets as of | Fee | Total return 1M | Total return 3M | Total return YTD | Total return 1Y | Total return 3Y | Total return since launch | Multiple |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| GUSH | Direxion Daily S&P Oil & Gas Exp. & Prod. Bull | Direxion | −0.1 pts | +0.1 pts | +2.5 pts | $233m | Oct 26, 2026 | 0.94% | +20.3% | +41.5% | +129.6% | +120.5% | +45.0% | −99.7% | +2x |
| DRIP | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear | Direxion | +2.2 pts | +7.8 pts | not comparable | $132m | Oct 26, 2026 | 1.01% | −18.2% | −33.6% | −66.2% | −65.7% | −68.4% | −99.8% | -2x |

What XOP itself did over the same days: +10.2% over one month, +20.7% over three months, +59.0% over one year.

### Questions people ask

Which 2x XOP ETFs are there? As of Oct 27, 2026, 1 ETF sets out to return 2x the daily move in oil and gas producers ( XOP ): GUSH. Which inverse XOP ETFs are there? As of Oct 27, 2026, 1 ETF sets out to return the opposite of the daily move in oil and gas producers ( XOP ), at −2x: DRIP. Which XOP leveraged ETF is largest? GUSH , Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF, at $233m in net assets on Oct 26, 2026, the largest of the 2 on XOP with a published size.

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, XOP leveraged and inverse ETFs, data as of Oct 27, 2026. https://etfiq.com/leverage/xop-leveraged-etfs
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
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