ARCX vs. SPUU

Last updated Aug 6, 2026

ARCX (Tradr 2X Long ACHR Daily ETF) and SPUU (Direxion Daily S&P 500 Bull 2X ETF) are both Leveraged Equities funds. ARCX is actively managed, while SPUU is passively managed. Over the past year, ARCX returned -86.80% vs 43.76% for SPUU. Their 0.55 correlation means they have sometimes moved together and sometimes differently. ARCX charges 1.30%/yr vs 0.60%/yr for SPUU.

Performance

ARCX vs. SPUU - 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 S&P 500 Bull 2X ETF (SPUU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARCX achieves a -67.11% return, which is significantly lower than SPUU's 23.91% return.

ARCX

• 1D: -4.43%
• 1M: -13.26%
• 6M: -59.31%
• YTD: -67.11%
• 1Y: -86.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -87.19%

SPUU

• 1D: -0.36%
• 1M: 4.55%
• 6M: 22.96%
• YTD: 23.91%
• 1Y: 43.76%
• 3Y*: 36.03%
• 5Y*: 18.72%
• 10Y*: 24.23%
• ALL TIME*: 21.94%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARCX Tradr 2X Long ACHR Daily ETF	$187.23K	$373.70K	$915.80K
SPUU Direxion Daily S&P 500 Bull 2X ETF	$5.27M	$4.83M	$4.60M

ARCX vs. SPUU - Yearly Performance Comparison

	2026 (YTD)	2025
ARCX Tradr 2X Long ACHR Daily ETF	-67.11%	-71.53%
SPUU Direxion Daily S&P 500 Bull 2X ETF	23.91%	26.76%

Correlation

The correlation between ARCX and SPUU is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.56
Correlation (All Time) Calculated using the full available price history since Jun 10, 2025	0.55

The correlation between ARCX and SPUU has been stable across timeframes, ranging from 0.55 to 0.56 - a consistent structural relationship.

Return for Risk

ARCX vs. SPUU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ARCX

ARCX Risk / Return Rank: 3
ARCX Sharpe Ratio Rank: 4
ARCX Sortino Ratio Rank: 3
ARCX Omega Ratio Rank: 3
ARCX Calmar Ratio Rank: 1
ARCX Martin Ratio Rank: 3

SPUU

SPUU Risk / Return Rank: 62
SPUU Sharpe Ratio Rank: 63
SPUU Sortino Ratio Rank: 58
SPUU Omega Ratio Rank: 58
SPUU Calmar Ratio Rank: 60
SPUU Martin Ratio Rank: 70

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ARCX vs. SPUU - 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 S&P 500 Bull 2X ETF (SPUU). 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.

	ARCX	SPUU	Difference
Sharpe ratio: Return per unit of total volatility	-0.62	1.70	-2.32
Sortino ratio: Return per unit of downside risk	-1.11	2.26	-3.37
Omega ratio: Gain probability vs. loss probability	0.88	1.29	-0.41
Calmar ratio: Return relative to maximum drawdown	-0.93	2.42	-3.35
Martin ratio: Return relative to average drawdown	-1.21	9.75	-10.96

ARCX vs. SPUU - Sharpe Ratio Comparison

The current ARCX Sharpe Ratio is -0.62, which is lower than the SPUU Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of ARCX and SPUU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ARCX vs. SPUU - Drawdown Comparison

The maximum ARCX drawdown since its inception was -94.32%, which is greater than SPUU's maximum drawdown of -59.35%. Use the drawdown chart below to compare losses from any high point for ARCX and SPUU.

Drawdown Indicators

	ARCX	SPUU	Difference
Max Drawdown Largest peak-to-trough decline	-94.32%	-59.35%	-34.97%
Max Drawdown (1Y) Largest decline over 1 year	-93.63%	-18.19%	-75.44%
Max Drawdown (3Y) Largest decline over 3 years	—	-35.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.59%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-59.35%	—
Current Drawdown Current decline from peak	-92.52%	-0.36%	-92.16%
Average Drawdown Average peak-to-trough decline	-68.32%	-9.43%	-58.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	71.56%	4.50%	+67.06%

Volatility

ARCX vs. SPUU - Volatility Comparison

Tradr 2X Long ACHR Daily ETF (ARCX) has a higher volatility of 52.42% compared to Direxion Daily S&P 500 Bull 2X ETF (SPUU) at 8.12%. This indicates that ARCX's price experiences larger fluctuations and is considered to be riskier than SPUU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARCX	SPUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	52.42%	8.12%	+44.30%
Volatility (6M) Calculated over the trailing 6-month period	99.72%	20.70%	+79.02%
Volatility (1Y) Calculated over the trailing 1-year period	140.37%	25.84%	+114.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	145.28%	33.76%	+111.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	145.28%	35.81%	+109.47%

ARCX vs. SPUU - Expense Ratio Comparison

ARCX has a 1.30% expense ratio, which is higher than SPUU's 0.60% expense ratio.

Dividends

ARCX vs. SPUU - Dividend Comparison

ARCX has not paid dividends to shareholders, while SPUU's dividend yield for the trailing twelve months is around 1.27%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%
SPUU Direxion Daily S&P 500 Bull 2X ETF	1.27%	1.63%	0.55%	0.83%	0.88%	3.04%	8.03%	1.80%	5.50%	6.96%	8.08%	4.42%

Frequently Asked Questions

Can I hold both ARCX and SPUU in my portfolio?

ARCX and SPUU have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARCX or SPUU?

ARCX has higher volatility (52.42%) compared to SPUU (8.12%). In terms of maximum drawdown, ARCX dropped -94.32% vs SPUU's -59.35%.

Which ETF is better, ARCX or SPUU?

On 1-year performance, SPUU leads with 43.76% vs -86.80% for ARCX. On fees, SPUU is cheaper at 0.60% per year. On volatility, SPUU has been the lower-risk option at 8.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ARCX or SPUU?

Over the 1-year period, SPUU has performed better with a 43.76% return vs -86.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ARCX or SPUU?

SPUU is cheaper with a 0.60% expense ratio, compared with 1.30% for ARCX.

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

SPUU has the higher dividend yield at 1.27%, compared with 0.00% for ARCX.

What is the main difference between ARCX and SPUU?

They also come from different issuers: Tradr and Direxion. Their fees differ too: 1.30% for ARCX and 0.60% for SPUU.

Which has better risk-adjusted returns?

SPUU currently has the higher Sharpe Ratio (1.70 vs -0.62), 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.