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CURE vs. TAN
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

CURE vs. TAN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Healthcare Bull 3x Shares (CURE) and Invesco Solar ETF (TAN). The values are adjusted to include any dividend payments, if applicable.

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CURE vs. TAN - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
CURE
Direxion Daily Healthcare Bull 3x Shares
-15.60%22.55%-8.47%-9.40%-20.51%88.30%5.02%55.66%2.82%69.32%
TAN
Invesco Solar ETF
14.56%48.31%-37.61%-26.79%-5.24%-25.10%233.96%66.53%-25.67%54.38%

Returns By Period

In the year-to-date period, CURE achieves a -15.60% return, which is significantly lower than TAN's 14.56% return. Over the past 10 years, CURE has outperformed TAN with an annualized return of 13.60%, while TAN has yielded a comparatively lower 10.44% annualized return.


CURE

1D
2.50%
1M
-19.24%
YTD
-15.60%
6M
3.42%
1Y
-5.59%
3Y*
0.66%
5Y*
3.67%
10Y*
13.60%

TAN

1D
1.01%
1M
-0.16%
YTD
14.56%
6M
24.82%
1Y
82.69%
3Y*
-10.00%
5Y*
-9.00%
10Y*
10.44%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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CURE vs. TAN - Expense Ratio Comparison

CURE has a 1.08% expense ratio, which is higher than TAN's 0.69% expense ratio.


Return for Risk

CURE vs. TAN — Risk / Return Rank

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

CURE
CURE Risk / Return Rank: 1010
Overall Rank
CURE Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
CURE Sortino Ratio Rank: 1313
Sortino Ratio Rank
CURE Omega Ratio Rank: 1212
Omega Ratio Rank
CURE Calmar Ratio Rank: 77
Calmar Ratio Rank
CURE Martin Ratio Rank: 77
Martin Ratio Rank

TAN
TAN Risk / Return Rank: 9191
Overall Rank
TAN Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
TAN Sortino Ratio Rank: 9191
Sortino Ratio Rank
TAN Omega Ratio Rank: 8282
Omega Ratio Rank
TAN Calmar Ratio Rank: 9797
Calmar Ratio Rank
TAN Martin Ratio Rank: 9393
Martin Ratio Rank
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.

CURE vs. TAN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Healthcare Bull 3x Shares (CURE) and Invesco Solar ETF (TAN). 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.


CURETANDifference

Sharpe ratio

Return per unit of total volatility

-0.11

2.10

-2.21

Sortino ratio

Return per unit of downside risk

0.22

2.68

-2.47

Omega ratio

Gain probability vs. loss probability

1.03

1.33

-0.30

Calmar ratio

Return relative to maximum drawdown

-0.32

5.21

-5.53

Martin ratio

Return relative to average drawdown

-0.59

13.78

-14.37

CURE vs. TAN - Sharpe Ratio Comparison

The current CURE Sharpe Ratio is -0.11, which is lower than the TAN Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of CURE and TAN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


CURETANDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.11

2.10

-2.21

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.08

-0.23

+0.31

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.28

0.28

0.00

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

-0.15

+0.62

Correlation

The correlation between CURE and TAN is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

CURE vs. TAN - Dividend Comparison

CURE's dividend yield for the trailing twelve months is around 1.26%, while TAN has not paid dividends to shareholders.


TTM20252024202320222021202020192018201720162015
CURE
Direxion Daily Healthcare Bull 3x Shares
1.26%1.12%1.17%2.02%0.38%0.02%0.17%0.40%0.70%0.18%0.00%0.00%
TAN
Invesco Solar ETF
0.00%0.00%0.50%0.09%0.00%0.00%0.09%0.30%0.69%1.77%5.04%1.60%

Drawdowns

CURE vs. TAN - Drawdown Comparison

The maximum CURE drawdown since its inception was -69.19%, smaller than the maximum TAN drawdown of -95.29%. Use the drawdown chart below to compare losses from any high point for CURE and TAN.


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Drawdown Indicators


CURETANDifference

Max Drawdown

Largest peak-to-trough decline

-69.19%

-95.29%

+26.10%

Max Drawdown (1Y)

Largest decline over 1 year

-33.92%

-16.25%

-17.67%

Max Drawdown (5Y)

Largest decline over 5 years

-52.23%

-73.95%

+21.72%

Max Drawdown (10Y)

Largest decline over 10 years

-69.19%

-78.53%

+9.34%

Current Drawdown

Current decline from peak

-33.01%

-74.16%

+41.15%

Average Drawdown

Average peak-to-trough decline

-17.95%

-78.57%

+60.62%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.24%

6.15%

+12.09%

Volatility

CURE vs. TAN - Volatility Comparison

Direxion Daily Healthcare Bull 3x Shares (CURE) has a higher volatility of 14.17% compared to Invesco Solar ETF (TAN) at 10.07%. This indicates that CURE's price experiences larger fluctuations and is considered to be riskier than TAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CURETANDifference

Volatility (1M)

Calculated over the trailing 1-month period

14.17%

10.07%

+4.10%

Volatility (6M)

Calculated over the trailing 6-month period

30.26%

26.24%

+4.02%

Volatility (1Y)

Calculated over the trailing 1-year period

52.84%

39.51%

+13.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

43.35%

39.82%

+3.53%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

49.47%

37.78%

+11.69%