Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion Daily LLY Bear 1X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
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Returns By Period
Direxion Daily LLY Bear 1X Shares (ELIS) has returned 13.99% so far this year and -19.80% over the past 12 months.
Direxion Daily LLY Bear 1X Shares
- 1D
- -3.68%
- 1M
- 14.07%
- YTD
- 13.99%
- 6M
- -19.57%
- 1Y
- -19.80%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Mar 26, 2025, ELIS's average daily return is -0.05%, while the average monthly return is -1.16%.
Historically, 46% of months were positive and 54% were negative. The best month was May 2025 with a return of +18.9%, while the worst month was Nov 2025 at -20.1%. The longest winning streak lasted 2 consecutive months, and the longest losing streak was 4 months.
On a daily basis, ELIS closed higher 45% of trading days. The best single day was Aug 7, 2025 with a return of +14.3%, while the worst single day was Apr 17, 2025 at -14.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.43% | -3.39% | 14.07% | 13.99% | |||||||||
| 2025 | 0.27% | -10.93% | 18.85% | -5.14% | 5.10% | -1.61% | -3.97% | -12.04% | -20.07% | 0.36% | -29.46% |
Benchmark Metrics
Direxion Daily LLY Bear 1X Shares has an annualized alpha of -2.69%, beta of -0.67, and R² of 0.08 versus S&P 500 Index. Calculated based on daily prices since March 27, 2025.
- This ETF participated in 15.45% of S&P 500 Index downside but only -67.75% of its upside — more exposed to losses than it benefited from rallies.
- Beta of -0.67 may look defensive, but with R² of 0.08 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R² of 0.08 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -2.69%
- Beta
- -0.67
- R²
- 0.08
- Upside Capture
- -67.75%
- Downside Capture
- 15.45%
Expense Ratio
ELIS has a high expense ratio of 0.97%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
ELIS ranks 5 for risk / return — in the bottom 5% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Direxion Daily LLY Bear 1X Shares (ELIS) and compare them to a chosen benchmark (S&P 500 Index).
| ELIS | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.47 | 0.90 | -1.36 |
Sortino ratioReturn per unit of downside risk | -0.44 | 1.39 | -1.82 |
Omega ratioGain probability vs. loss probability | 0.94 | 1.21 | -0.27 |
Calmar ratioReturn relative to maximum drawdown | -0.45 | 1.40 | -1.85 |
Martin ratioReturn relative to average drawdown | -0.73 | 6.61 | -7.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore ELIS risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
Direxion Daily LLY Bear 1X Shares provided a 5.14% dividend yield over the last twelve months, with an annual payout of $1.01 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $1.01 | $1.01 |
Dividend yield | 5.14% | 5.86% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily LLY Bear 1X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||
| 2025 | $0.22 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.62 | $1.01 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily LLY Bear 1X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Direxion Daily LLY Bear 1X Shares was 44.95%, occurring on Feb 4, 2026. The portfolio has not yet recovered.
The current Direxion Daily LLY Bear 1X Shares drawdown is 34.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -44.95% | Aug 11, 2025 | 123 | Feb 4, 2026 | — | — | — |
| -21.7% | Apr 11, 2025 | 13 | Apr 30, 2025 | 68 | Aug 7, 2025 | 81 |
| -4.19% | Apr 8, 2025 | 2 | Apr 9, 2025 | 1 | Apr 10, 2025 | 3 |
| -1.88% | Apr 2, 2025 | 1 | Apr 2, 2025 | 1 | Apr 3, 2025 | 2 |
| -0.61% | Mar 31, 2025 | 1 | Mar 31, 2025 | 1 | Apr 1, 2025 | 2 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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