BNDP vs. GUSH

Last updated Aug 2, 2026

BNDP (Vanguard Core-Plus Bond Index ETF) and GUSH (Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares) are both exchange-traded funds - BNDP is a Intermediate Core-Plus Bond fund tracking the Bloomberg U.S. Universal Float Adjusted Index, while GUSH is a Leveraged Equities fund tracking the S&P Oil & Gas Exploration & Production Select Industry Index (300%). Both are passively managed. Their -0.45 correlation means they have often moved in opposite directions in the past. BNDP charges 0.05%/yr vs 1.17%/yr for GUSH.

Performance

BNDP vs. GUSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Core-Plus Bond Index ETF (BNDP) and Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BNDP achieves a -0.46% return, which is significantly lower than GUSH's 84.27% return.

BNDP

• 1D: -0.23%
• 1M: -1.08%
• 6M: -0.62%
• YTD: -0.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

GUSH

• 1D: 2.66%
• 1M: 29.75%
• 6M: 50.64%
• YTD: 84.27%
• 1Y: 87.82%
• 3Y*: 5.22%
• 5Y*: 20.49%
• 10Y*: -34.13%
• ALL TIME*: -41.90%

*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)
BNDP Vanguard Core-Plus Bond Index ETF	$504.98K	$475.70K	$762.42K
GUSH Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares	$34.81M	$32.68M	$31.93M

BNDP vs. GUSH - Yearly Performance Comparison

	2026 (YTD)	2025
BNDP Vanguard Core-Plus Bond Index ETF	-0.46%	0.08%
GUSH Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares	84.27%	-14.11%

Correlation

The correlation between BNDP and GUSH is -0.45, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025	-0.45

Return for Risk

BNDP vs. GUSH — Risk / Return Rank

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

BNDP

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

GUSH

GUSH Risk / Return Rank: 52
GUSH Sharpe Ratio Rank: 55
GUSH Sortino Ratio Rank: 51
GUSH Omega Ratio Rank: 50
GUSH Calmar Ratio Rank: 59
GUSH Martin Ratio Rank: 42

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.

BNDP vs. GUSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Core-Plus Bond Index ETF (BNDP) and Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH). 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.

	BNDP	GUSH	Difference
Sharpe ratio: Return per unit of total volatility	—	1.32	—
Sortino ratio: Return per unit of downside risk	—	1.80	—
Omega ratio: Gain probability vs. loss probability	—	1.22	—
Calmar ratio: Return relative to maximum drawdown	—	2.07	—
Martin ratio: Return relative to average drawdown	—	4.68	—

Drawdowns

BNDP vs. GUSH - Drawdown Comparison

The maximum BNDP drawdown since its inception was -2.60%, smaller than the maximum GUSH drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for BNDP and GUSH.

Drawdown Indicators

	BNDP	GUSH	Difference
Max Drawdown Largest peak-to-trough decline	-2.60%	-99.98%	+97.38%
Max Drawdown (1Y) Largest decline over 1 year	—	-36.18%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-63.59%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-73.64%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-99.94%	—
Current Drawdown Current decline from peak	-2.10%	-99.77%	+97.67%
Average Drawdown Average peak-to-trough decline	-0.98%	-92.98%	+92.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	16.04%	—

Volatility

Volatility by Period

	BNDP	GUSH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	16.40%	—
Volatility (6M) Calculated over the trailing 6-month period	—	45.15%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.65%	56.92%	-53.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.65%	67.48%	-63.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.65%	92.83%	-89.18%

BNDP vs. GUSH - Expense Ratio Comparison

BNDP has a 0.05% expense ratio, which is lower than GUSH's 1.17% expense ratio.

Dividends

BNDP vs. GUSH - Dividend Comparison

BNDP's dividend yield for the trailing twelve months is around 2.47%, more than GUSH's 1.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BNDP Vanguard Core-Plus Bond Index ETF	2.47%	0.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GUSH Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares	1.18%	2.60%	2.96%	3.00%	0.47%	0.00%	0.20%	1.68%	0.17%	0.00%	3.26%

Frequently Asked Questions

Can I hold both BNDP and GUSH in my portfolio?

BNDP and GUSH have a correlation of -0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BNDP or GUSH?

On fees, BNDP is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BNDP or GUSH?

BNDP is cheaper with a 0.05% expense ratio, compared with 1.17% for GUSH.

Which ETF pays a higher dividend yield, BNDP or GUSH?

BNDP has the higher dividend yield at 2.47%, compared with 1.18% for GUSH.

What is the main difference between BNDP and GUSH?

BNDP is categorized as Intermediate Core-Plus Bond, while GUSH is Leveraged Equities. BNDP tracks Bloomberg U.S. Universal Float Adjusted Index, while GUSH tracks S&P Oil & Gas Exploration & Production Select Industry Index (300%). They also come from different issuers: Vanguard and Direxion. Their fees differ too: 0.05% for BNDP and 1.17% for GUSH.