NFXS's Sortino Ratio of 2.35 indicates that for each unit of downside volatility, it generates 2.35 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 14, 2026).
Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.
NFXS Sortino Ratio Rank
NFXS ranks above 63.3% of all investments in our database based on Sortino Ratio over the past 12 months, indicating above-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with minimal downside volatility → Higher rank
- Severe or frequent drawdowns → Lower rank
- Upside volatility → No impact (Sortino doesn't penalize upside swings)
What you can do with this information
- Above-average downside protection with room for improvement
- Compare against category peers to gauge relative positioning
- Monitor for movement toward top tier or decline toward median
- Consider pairing with top-tier holdings to improve portfolio risk profile
NFXS Sortino Ratio Market Positioning
The chart shows NFXS's Sortino Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.
- Red zone (bottom 25%): 1.16 or lower
- Yellow zone (middle 50%): 1.16 to 2.68
- Green zone (top 25%): 2.68 or higher
- Top 1%: 14.03+
- Median: 2.00 — half of all investments score higher
How it compares to other similar ETFs
The table compares Direxion Daily NFLX Bear 1X Shares's Sortino Ratio with other ETFs in the Inverse Equities category across multiple time periods, showing how NFXS's risk-adjusted performance compares to similar funds.
Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 14, 2026.
| Symbol | Name | 1Y Sortino Ratio | 5Y Sortino Ratio | 10Y Sortino Ratio | All Time Sortino Ratio |
|---|---|---|---|---|---|
| MSTZ | T-REX 2X Inverse MSTR Daily Target ETF | 2.45 | |||
| NFXS | Direxion Daily NFLX Bear 1X Shares | 2.35 | |||
| SMST | Defiance Daily Target 2X Short MSTR ETF | 2.33 | |||
| FIAT | YieldMax Short COIN Option Income Strategy ETF | 1.56 | |||
| MSFD | Direxion Daily MSFT Bear 1X Shares | 1.52 | |||
| SVIX | -1x Short VIX Futures ETF | 1.36 | |||
| CONI | GraniteShares 2x Short COIN Daily ETF | 1.33 | |||
| YXI | ProShares Short FTSE China 50 | 0.78 | |||
| EMTY | ProShares Decline of the Retail Store ETF | 0.39 | |||
| BRKD | Direxion Daily BRKB Bear 1X Shares | 0.39 |
Historical Sortino Ratio
The chart shows NFXS's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.
Identify market cycles by observing when NFXS consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.
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IHow does NFXS fit in your portfolio?
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