CURE vs. XLE

Last updated Jun 13, 2026

CURE (Direxion Daily Healthcare Bull 3x Shares) and XLE (State Street Energy Select Sector SPDR ETF) are both exchange-traded funds - CURE is a Leveraged Equities fund tracking the Health Care Select Sector Index (300%), while XLE is a Energy Equities fund tracking the Energy Select Sector Index. Both are passively managed. Over the past 10 years, CURE returned 13.49%/yr vs 9.91%/yr for XLE. At a 0.36 correlation, their price movements are largely independent. CURE charges 1.08%/yr vs 0.08%/yr for XLE.

Performance

CURE vs. XLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Healthcare Bull 3x Shares (CURE) and State Street Energy Select Sector SPDR ETF (XLE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CURE achieves a -7.96% return, which is significantly lower than XLE's 29.56% return. Over the past 10 years, CURE has outperformed XLE with an annualized return of 13.49%, while XLE has yielded a comparatively lower 9.91% annualized return.

CURE

• 1D: -0.55%
• 1M: 13.71%
• YTD: -7.96%
• 6M: -6.00%
• 1Y: 28.51%
• 3Y*: 3.05%
• 5Y*: 1.51%
• 10Y*: 13.49%

XLE

• 1D: 0.75%
• 1M: -0.90%
• YTD: 29.56%
• 6M: 28.37%
• 1Y: 34.84%
• 3Y*: 16.18%
• 5Y*: 20.12%
• 10Y*: 9.91%

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

CURE vs. XLE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CURE Direxion Daily Healthcare Bull 3x Shares	-7.96%	22.55%	-8.47%	-9.40%	-20.51%	88.30%	5.02%	55.66%	2.82%	69.32%
XLE State Street Energy Select Sector SPDR ETF	29.56%	7.88%	5.56%	-0.63%	64.32%	53.28%	-32.67%	11.74%	-18.22%	-0.89%

Correlation

The correlation between CURE and XLE is -0.04, 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 (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (10Y) Calculated over the trailing 10-year period	0.29
Correlation (All Time) Calculated using the full available price history since Jun 15, 2011	0.36

The correlation between CURE and XLE shifts across timeframes, from -0.04 (1 year) to 0.36 (all time), reflecting how their relationship changes across market environments.

CURE vs. XLE - Sectors Allocation Comparison

Sectors	CURE	XLE
Healthcare	100.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	100.0%
Financial Services	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

CURE vs. XLE — Risk / Return Rank

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

CURE

CURE Risk / Return Rank: 21
CURE Sharpe Ratio Rank: 20
CURE Sortino Ratio Rank: 24
CURE Omega Ratio Rank: 22
CURE Calmar Ratio Rank: 22
CURE Martin Ratio Rank: 19

XLE

XLE Risk / Return Rank: 61
XLE Sharpe Ratio Rank: 64
XLE Sortino Ratio Rank: 58
XLE Omega Ratio Rank: 54
XLE Calmar Ratio Rank: 71
XLE Martin Ratio Rank: 56

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. XLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Healthcare Bull 3x Shares (CURE) and State Street Energy Select Sector SPDR ETF (XLE). 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.

	CURE	XLE	Difference
Sharpe ratio: Return per unit of total volatility	0.60	1.82	-1.22
Sortino ratio: Return per unit of downside risk	1.18	2.40	-1.22
Omega ratio: Gain probability vs. loss probability	1.13	1.30	-0.16
Calmar ratio: Return relative to maximum drawdown	0.85	3.10	-2.25
Martin ratio: Return relative to average drawdown	1.94	8.63	-6.70

CURE vs. XLE - Sharpe Ratio Comparison

The current CURE Sharpe Ratio is 0.60, which is lower than the XLE Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of CURE and XLE, 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

CURE vs. XLE - Drawdown Comparison

The maximum CURE drawdown since its inception was -69.19%, roughly equal to the maximum XLE drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for CURE and XLE.

Drawdown Indicators

	CURE	XLE	Difference
Max Drawdown Largest peak-to-trough decline	-69.19%	-71.26%	+2.07%
Max Drawdown (1Y) Largest decline over 1 year	-31.10%	-12.05%	-19.05%
Max Drawdown (3Y) Largest decline over 3 years	-51.93%	-20.14%	-31.79%
Max Drawdown (5Y) Largest decline over 5 years	-52.23%	-26.04%	-26.19%
Max Drawdown (10Y) Largest decline over 10 years	-69.19%	-66.81%	-2.38%
Current Drawdown Current decline from peak	-26.94%	-8.01%	-18.93%
Average Drawdown Average peak-to-trough decline	-18.16%	-17.97%	-0.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.71%	4.32%	+9.39%

Volatility

CURE vs. XLE - Volatility Comparison

Direxion Daily Healthcare Bull 3x Shares (CURE) has a higher volatility of 14.30% compared to State Street Energy Select Sector SPDR ETF (XLE) at 7.26%. This indicates that CURE's price experiences larger fluctuations and is considered to be riskier than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CURE	XLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.30%	7.26%	+7.04%
Volatility (6M) Calculated over the trailing 6-month period	30.87%	16.79%	+14.08%
Volatility (1Y) Calculated over the trailing 1-year period	44.32%	20.57%	+23.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.84%	26.05%	+17.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.59%	29.58%	+20.01%

CURE vs. XLE - Expense Ratio Comparison

CURE has a 1.08% expense ratio, which is higher than XLE's 0.08% expense ratio.

Dividends

CURE vs. XLE - Dividend Comparison

CURE's dividend yield for the trailing twelve months is around 1.16%, less than XLE's 2.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CURE Direxion Daily Healthcare Bull 3x Shares	1.16%	1.12%	1.17%	2.02%	0.38%	0.02%	0.17%	0.40%	0.70%	0.18%	0.00%	0.00%
XLE State Street Energy Select Sector SPDR ETF	2.59%	3.28%	3.36%	3.55%	3.68%	4.21%	5.62%	6.72%	3.54%	3.03%	2.26%	3.39%

Frequently Asked Questions

Can I hold both CURE and XLE in my portfolio?

CURE and XLE have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CURE or XLE?

CURE has higher volatility (14.30%) compared to XLE (7.26%). In terms of maximum drawdown, CURE dropped -69.19% vs XLE's -71.26%.

Which ETF is better, CURE or XLE?

On 10-year performance, CURE leads with 13.49% vs 9.91% for XLE. On fees, XLE is cheaper at 0.08% per year. On volatility, XLE has been the lower-risk option at 7.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CURE or XLE?

Over the 10-year period, CURE has performed better with a 13.49% return vs 9.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CURE or XLE?

XLE is cheaper with a 0.08% expense ratio, compared with 1.08% for CURE.

Which ETF pays a higher dividend yield, CURE or XLE?

XLE has the higher dividend yield at 2.59%, compared with 1.16% for CURE.

What is the main difference between CURE and XLE?

CURE is categorized as Leveraged Equities, while XLE is Energy Equities. CURE tracks Health Care Select Sector Index (300%), while XLE tracks Energy Select Sector Index. They also come from different issuers: Direxion and State Street. Their fees differ too: 1.08% for CURE and 0.08% for XLE.

Which has better risk-adjusted returns?

XLE currently has the higher Sharpe Ratio (1.82 vs 0.60), 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.