PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
CWEB vs. CURE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


CWEBCURE
YTD Return33.13%17.96%
1Y Return31.20%40.89%
3Y Return (Ann)-38.52%-0.08%
5Y Return (Ann)-29.99%16.10%
Sharpe Ratio0.421.28
Sortino Ratio1.171.76
Omega Ratio1.141.23
Calmar Ratio0.320.91
Martin Ratio1.275.15
Ulcer Index24.47%7.85%
Daily Std Dev74.97%31.50%
Max Drawdown-98.09%-69.19%
Current Drawdown-95.80%-16.53%

Correlation

-0.50.00.51.00.3

The correlation between CWEB and CURE is 0.30, 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.

Performance

CWEB vs. CURE - Performance Comparison

In the year-to-date period, CWEB achieves a 33.13% return, which is significantly higher than CURE's 17.96% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-40.00%-20.00%0.00%20.00%40.00%60.00%JuneJulyAugustSeptemberOctoberNovember
14.94%
5.79%
CWEB
CURE

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


CWEB vs. CURE - Expense Ratio Comparison

CWEB has a 1.30% expense ratio, which is higher than CURE's 1.08% expense ratio.


CWEB
Direxion Daily CSI China Internet Index Bull 2x Shares
Expense ratio chart for CWEB: current value at 1.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.30%
Expense ratio chart for CURE: current value at 1.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.08%

Risk-Adjusted Performance

CWEB vs. CURE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily CSI China Internet Index Bull 2x Shares (CWEB) and Direxion Daily Healthcare Bull 3x Shares (CURE). 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.


CWEB
Sharpe ratio
The chart of Sharpe ratio for CWEB, currently valued at 0.42, compared to the broader market-2.000.002.004.006.000.42
Sortino ratio
The chart of Sortino ratio for CWEB, currently valued at 1.17, compared to the broader market-2.000.002.004.006.008.0010.0012.001.17
Omega ratio
The chart of Omega ratio for CWEB, currently valued at 1.14, compared to the broader market1.001.502.002.503.001.14
Calmar ratio
The chart of Calmar ratio for CWEB, currently valued at 0.32, compared to the broader market0.005.0010.0015.000.32
Martin ratio
The chart of Martin ratio for CWEB, currently valued at 1.27, compared to the broader market0.0020.0040.0060.0080.00100.001.27
CURE
Sharpe ratio
The chart of Sharpe ratio for CURE, currently valued at 1.28, compared to the broader market-2.000.002.004.006.001.28
Sortino ratio
The chart of Sortino ratio for CURE, currently valued at 1.76, compared to the broader market-2.000.002.004.006.008.0010.0012.001.76
Omega ratio
The chart of Omega ratio for CURE, currently valued at 1.23, compared to the broader market1.001.502.002.503.001.23
Calmar ratio
The chart of Calmar ratio for CURE, currently valued at 0.91, compared to the broader market0.005.0010.0015.000.91
Martin ratio
The chart of Martin ratio for CURE, currently valued at 5.15, compared to the broader market0.0020.0040.0060.0080.00100.005.15

CWEB vs. CURE - Sharpe Ratio Comparison

The current CWEB Sharpe Ratio is 0.42, which is lower than the CURE Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of CWEB and CURE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
0.42
1.28
CWEB
CURE

Dividends

CWEB vs. CURE - Dividend Comparison

CWEB's dividend yield for the trailing twelve months is around 1.94%, more than CURE's 1.29% yield.


TTM20232022202120202019201820172016201520142013
CWEB
Direxion Daily CSI China Internet Index Bull 2x Shares
1.94%2.63%0.00%0.00%0.00%0.64%1.59%2.98%0.00%0.00%0.00%0.00%
CURE
Direxion Daily Healthcare Bull 3x Shares
1.29%2.02%0.38%0.02%0.17%0.40%0.70%0.18%0.00%0.00%0.00%1.24%

Drawdowns

CWEB vs. CURE - Drawdown Comparison

The maximum CWEB drawdown since its inception was -98.09%, which is greater than CURE's maximum drawdown of -69.19%. Use the drawdown chart below to compare losses from any high point for CWEB and CURE. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-95.80%
-16.53%
CWEB
CURE

Volatility

CWEB vs. CURE - Volatility Comparison

Direxion Daily CSI China Internet Index Bull 2x Shares (CWEB) has a higher volatility of 24.36% compared to Direxion Daily Healthcare Bull 3x Shares (CURE) at 8.33%. This indicates that CWEB's price experiences larger fluctuations and is considered to be riskier than CURE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%50.00%JuneJulyAugustSeptemberOctoberNovember
24.36%
8.33%
CWEB
CURE