AMZD vs. ESGV
AMZD (Direxion Daily AMZN Bear 1X Shares) and ESGV (Vanguard ESG U.S. Stock ETF) are both exchange-traded funds - AMZD is a Inverse Equities fund tracking the Amazon.com, Inc. (-100%), while ESGV is a Large Cap Blend Equities fund tracking the FTSE US All Cap Choice Index. Both are passively managed. Over the past 3 years, AMZD returned -24.09%/yr vs 19.06%/yr for ESGV. Their -0.68 correlation means they have often moved in opposite directions in the past. AMZD charges 1.09%/yr vs 0.09%/yr for ESGV.
Performance
AMZD vs. ESGV - Performance Comparison
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Returns By Period
In the year-to-date period, AMZD achieves a -18.67% return, which is significantly lower than ESGV's 9.66% return.
AMZD
- 1D
- -15.20%
- 1M
- -13.01%
- 6M
- -15.74%
- YTD
- -18.67%
- 1Y
- -25.04%
- 3Y*
- -24.09%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -21.25%
ESGV
- 1D
- 0.68%
- 1M
- 0.09%
- 6M
- 9.06%
- YTD
- 9.66%
- 1Y
- 21.29%
- 3Y*
- 19.06%
- 5Y*
- 11.32%
- 10Y*
- —
- ALL TIME*
- 14.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $135.48M | $132.64M | $131.29M | |
| $15.60M | $18.04M | $25.74M |
AMZD vs. ESGV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AMZD Direxion Daily AMZN Bear 1X Shares | -18.67% | -9.84% | -30.80% | -46.50% | 45.25% |
ESGV Vanguard ESG U.S. Stock ETF | 9.66% | 16.48% | 24.69% | 30.79% | -3.22% |
Correlation
The correlation between AMZD and ESGV is -0.64, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.64 |
Correlation (3Y) Balances recent behavior with more history. | -0.67 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2022 | -0.68 |
The correlation between AMZD and ESGV has been stable across timeframes, ranging from -0.68 to -0.64 - a consistent structural relationship.
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Return for Risk
AMZD vs. ESGV — Risk / Return Rank
AMZD
ESGV
AMZD vs. ESGV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AMZN Bear 1X Shares (AMZD) and Vanguard ESG U.S. Stock ETF (ESGV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMZD | ESGV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.86 | ||
| Sortino ratioReturn per unit of downside risk | -2.40 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.23 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.65 | 1.65 | -2.30 |
| Martin ratioReturn relative to average drawdown | -1.37 | 6.66 | -8.03 |
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Drawdowns
AMZD vs. ESGV - Drawdown Comparison
The maximum AMZD drawdown since its inception was -73.54%, which is greater than ESGV's maximum drawdown of -33.66%. Use the drawdown chart below to compare losses from any high point for AMZD and ESGV.
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Drawdown Indicators
| AMZD | ESGV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.54% | -33.66% | -39.88% |
Max Drawdown (1Y)Largest decline over 1 year | -29.56% | -11.60% | -17.96% |
Max Drawdown (3Y)Largest decline over 3 years | -59.93% | -20.41% | -39.52% |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.81% | — |
Current DrawdownCurrent decline from peak | -73.54% | -1.85% | -71.69% |
Average DrawdownAverage peak-to-trough decline | -49.89% | -6.34% | -43.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.01% | 2.87% | +11.14% |
Volatility
AMZD vs. ESGV - Volatility Comparison
Direxion Daily AMZN Bear 1X Shares (AMZD) has a higher volatility of 18.51% compared to Vanguard ESG U.S. Stock ETF (ESGV) at 4.17%. This indicates that AMZD's price experiences larger fluctuations and is considered to be riskier than ESGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMZD | ESGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.51% | 4.17% | +14.34% |
Volatility (6M)Calculated over the trailing 6-month period | 27.88% | 11.64% | +16.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.31% | 14.59% | +20.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.25% | 18.52% | +15.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.25% | 20.52% | +13.73% |
AMZD vs. ESGV - Expense Ratio Comparison
AMZD has a 1.09% expense ratio, which is higher than ESGV's 0.09% expense ratio.
Dividends
AMZD vs. ESGV - Dividend Comparison
AMZD's dividend yield for the trailing twelve months is around 3.81%, more than ESGV's 0.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AMZD Direxion Daily AMZN Bear 1X Shares | 3.81% | 3.61% | 5.15% | 6.83% | 2.45% | 0.00% | 0.00% | 0.00% | 0.00% |
ESGV Vanguard ESG U.S. Stock ETF | 0.87% | 0.91% | 1.04% | 1.16% | 1.42% | 0.95% | 1.11% | 1.27% | 0.28% |
Frequently Asked Questions
AMZD and ESGV have a correlation of -0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMZD has higher volatility (18.51%) compared to ESGV (4.17%). In terms of maximum drawdown, AMZD dropped -73.54% vs ESGV's -33.66%.
On 3-year performance, ESGV leads with 19.06% vs -24.09% for AMZD. On fees, ESGV is cheaper at 0.09% per year. On volatility, ESGV has been the lower-risk option at 4.17%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, ESGV has performed better with a 19.06% return vs -24.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ESGV is cheaper with a 0.09% expense ratio, compared with 1.09% for AMZD.
AMZD has the higher dividend yield at 3.81%, compared with 0.87% for ESGV.
AMZD is categorized as Inverse Equities, while ESGV is Large Cap Blend Equities. AMZD tracks Amazon.com, Inc. (-100%), while ESGV tracks FTSE US All Cap Choice Index. They also come from different issuers: Direxion and Vanguard. Their fees differ too: 1.09% for AMZD and 0.09% for ESGV.
ESGV currently has the higher Sharpe Ratio (1.31 vs -0.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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