CRCD vs. NFXS
CRCD (T-REX 2X Inverse CRCL Daily Target ETF) and NFXS (Direxion Daily NFLX Bear 1X Shares) are both Inverse Equities funds. Both are actively managed. At a 0.23 correlation, their price movements are largely independent. CRCD charges 1.50%/yr vs 1.03%/yr for NFXS.
Performance
CRCD vs. NFXS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CRCD achieves a -88.01% return, which is significantly lower than NFXS's 11.23% return.
CRCD
- 1D
- 20.12%
- 1M
- 35.97%
- YTD
- -88.01%
- 6M
- -87.46%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NFXS
- 1D
- 2.15%
- 1M
- 11.52%
- YTD
- 11.23%
- 6M
- 23.05%
- 1Y
- 43.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CRCD vs. NFXS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CRCD T-REX 2X Inverse CRCL Daily Target ETF | -88.01% | 43.19% |
NFXS Direxion Daily NFLX Bear 1X Shares | 11.23% | 27.27% |
Correlation
The correlation between CRCD and NFXS is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 29, 2025 | 0.23 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CRCD vs. NFXS — Risk / Return Rank
CRCD
NFXS
CRCD vs. NFXS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Inverse CRCL Daily Target ETF (CRCD) and Direxion Daily NFLX Bear 1X Shares (NFXS). 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.
Loading charts...
Sharpe Ratios by Period
| CRCD | NFXS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.31 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.45 | -0.36 | -0.09 |
Drawdowns
CRCD vs. NFXS - Drawdown Comparison
The maximum CRCD drawdown since its inception was -96.95%, which is greater than NFXS's maximum drawdown of -50.37%. Use the drawdown chart below to compare losses from any high point for CRCD and NFXS.
Loading charts...
Drawdown Indicators
| CRCD | NFXS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.95% | -50.37% | -46.58% |
Max Drawdown (1Y)Largest decline over 1 year | — | -31.31% | — |
Current DrawdownCurrent decline from peak | -94.31% | -21.98% | -72.33% |
Average DrawdownAverage peak-to-trough decline | -54.51% | -32.39% | -22.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 11.39% | — |
Volatility
CRCD vs. NFXS - Volatility Comparison
Loading charts...
Volatility by Period
| CRCD | NFXS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.23% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 26.37% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 204.54% | 33.13% | +171.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 204.54% | 34.68% | +169.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 204.54% | 34.68% | +169.86% |
CRCD vs. NFXS - Expense Ratio Comparison
CRCD has a 1.50% expense ratio, which is higher than NFXS's 1.03% expense ratio.
Dividends
CRCD vs. NFXS - Dividend Comparison
CRCD has not paid dividends to shareholders, while NFXS's dividend yield for the trailing twelve months is around 2.81%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CRCD T-REX 2X Inverse CRCL Daily Target ETF | 0.00% | 0.00% | 0.00% |
NFXS Direxion Daily NFLX Bear 1X Shares | 2.81% | 3.53% | 0.87% |
Frequently Asked Questions
CRCD and NFXS have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NFXS is cheaper at 1.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NFXS is cheaper with a 1.03% expense ratio, compared with 1.50% for CRCD.
NFXS has the higher dividend yield at 2.81%, compared with 0.00% for CRCD.
They also come from different issuers: T-Rex and Direxion. Their fees differ too: 1.50% for CRCD and 1.03% for NFXS.
Find the right allocation for CRCD and NFXS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer