ARCX vs. ERX

Last updated Jun 5, 2026

ARCX (Tradr 2X Long ACHR Daily ETF) and ERX (Direxion Daily Energy Bull 2X Shares) are both Leveraged Equities funds. ARCX is actively managed, while ERX is passively managed. At a correlation of -0.01, they often move in opposite directions. ARCX charges 1.30%/yr vs 1.09%/yr for ERX.

Performance

ARCX vs. ERX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long ACHR Daily ETF (ARCX) and Direxion Daily Energy Bull 2X Shares (ERX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARCX achieves a -42.19% return, which is significantly lower than ERX's 66.84% return.

ARCX

• 1D: -4.74%
• 1M: 14.86%
• YTD: -42.19%
• 6M: -60.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ERX

• 1D: -0.05%
• 1M: -3.57%
• YTD: 66.84%
• 6M: 58.30%
• 1Y: 98.14%
• 3Y*: 24.19%
• 5Y*: 28.74%
• 10Y*: -9.37%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ARCX vs. ERX - Yearly Performance Comparison

	2026 (YTD)	2025
ARCX Tradr 2X Long ACHR Daily ETF	-42.19%	-71.83%
ERX Direxion Daily Energy Bull 2X Shares	66.84%	10.49%

Correlation

The correlation between ARCX and ERX is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 11, 2025	-0.01

Return for Risk

ARCX vs. ERX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ERX

ERX Risk / Return Rank: 68
ERX Sharpe Ratio Rank: 76
ERX Sortino Ratio Rank: 60
ERX Omega Ratio Rank: 58
ERX Calmar Ratio Rank: 82
ERX Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARCX vs. ERX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long ACHR Daily ETF (ARCX) and Direxion Daily Energy Bull 2X Shares (ERX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ARCX	ERX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.42	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.56	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.14	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.61	-0.09	-0.52

Drawdowns

ARCX vs. ERX - Drawdown Comparison

The maximum ARCX drawdown since its inception was -91.51%, smaller than the maximum ERX drawdown of -99.54%. Use the drawdown chart below to compare losses from any high point for ARCX and ERX.

Drawdown Indicators

	ARCX	ERX	Difference
Max Drawdown Largest peak-to-trough decline	-91.51%	-99.54%	+8.03%
Max Drawdown (1Y) Largest decline over 1 year	—	-23.34%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-42.34%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.90%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-98.59%	—
Current Drawdown Current decline from peak	-86.86%	-91.58%	+4.72%
Average Drawdown Average peak-to-trough decline	-64.50%	-67.03%	+2.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.60%	—

Volatility

Volatility by Period

	ARCX	ERX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	16.49%	—
Volatility (6M) Calculated over the trailing 6-month period	—	33.31%	—
Volatility (1Y) Calculated over the trailing 1-year period	138.55%	41.08%	+97.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	138.55%	51.98%	+86.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	138.55%	69.16%	+69.39%

ARCX vs. ERX - Expense Ratio Comparison

ARCX has a 1.30% expense ratio, which is higher than ERX's 1.09% expense ratio.

Dividends

ARCX vs. ERX - Dividend Comparison

ARCX has not paid dividends to shareholders, while ERX's dividend yield for the trailing twelve months is around 1.61%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARCX Tradr 2X Long ACHR Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ERX Direxion Daily Energy Bull 2X Shares	1.61%	2.54%	2.94%	3.17%	2.23%	2.16%	2.35%	1.56%	3.10%	0.85%

Frequently Asked Questions

Can I hold both ARCX and ERX in my portfolio?

ARCX and ERX have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARCX or ERX?

On fees, ERX is cheaper at 1.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARCX or ERX?

ERX is cheaper with a 1.09% expense ratio, compared with 1.30% for ARCX.

Which ETF pays a higher dividend yield, ARCX or ERX?

ERX has the higher dividend yield at 1.61%, compared with 0.00% for ARCX.

What is the main difference between ARCX and ERX?

They also come from different issuers: Tradr and Direxion. Their fees differ too: 1.30% for ARCX and 1.09% for ERX.