DFEN vs. BRKL
DFEN (Direxion Daily Aerospace & Defense Bull 3X Shares) and BRKL (Corgi BRKB 2x Daily ETF) are both Leveraged Equities funds. DFEN is passively managed, while BRKL is actively managed. Their 0.32 correlation means their historical movements had little consistent relationship. DFEN charges 0.96%/yr vs 0.45%/yr for BRKL.
Performance
DFEN vs. BRKL - Performance Comparison
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Returns By Period
DFEN
- 1D
- 2.21%
- 1M
- -12.11%
- 6M
- -5.05%
- YTD
- 18.12%
- 1Y
- 45.63%
- 3Y*
- 65.26%
- 5Y*
- 33.44%
- 10Y*
- —
- ALL TIME*
- 16.64%
BRKL
- 1D
- 0.85%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $853.16 | $14.75K | $14.75K | |
| $13.59M | $13.06M | $15.26M |
DFEN vs. BRKL - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
DFEN Direxion Daily Aerospace & Defense Bull 3X Shares | -14.18% |
BRKL Corgi BRKB 2x Daily ETF | 1.48% |
Correlation
The correlation between DFEN and BRKL is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 7, 2026 | 0.32 |
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Return for Risk
DFEN vs. BRKL — Risk / Return Rank
DFEN
BRKL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DFEN vs. BRKL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) and Corgi BRKB 2x Daily ETF (BRKL). 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.
| DFEN | BRKL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.15 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.05 | — | — |
| Martin ratioReturn relative to average drawdown | 2.21 | — | — |
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Drawdowns
DFEN vs. BRKL - Drawdown Comparison
The maximum DFEN drawdown since its inception was -91.36%, which is greater than BRKL's maximum drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for DFEN and BRKL.
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Drawdown Indicators
| DFEN | BRKL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.36% | -7.03% | -84.33% |
Max Drawdown (1Y)Largest decline over 1 year | -41.75% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -43.13% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -51.96% | — | — |
Current DrawdownCurrent decline from peak | -22.59% | -0.13% | -22.46% |
Average DrawdownAverage peak-to-trough decline | -44.87% | -4.14% | -40.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.77% | — | — |
Volatility
DFEN vs. BRKL - Volatility Comparison
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Volatility by Period
| DFEN | BRKL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.99% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 55.26% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 67.94% | 30.99% | +36.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.84% | 30.99% | +29.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.57% | 30.99% | +40.58% |
DFEN vs. BRKL - Expense Ratio Comparison
DFEN has a 0.96% expense ratio, which is higher than BRKL's 0.45% expense ratio.
Dividends
DFEN vs. BRKL - Dividend Comparison
DFEN's dividend yield for the trailing twelve months is around 7.51%, while BRKL has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BRKL Corgi BRKB 2x Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DFEN Direxion Daily Aerospace & Defense Bull 3X Shares | 7.51% | 8.89% | 14.12% | 1.13% | 0.46% | 1.89% | 0.48% | 0.50% | 1.07% | 1.50% |
Frequently Asked Questions
DFEN and BRKL have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BRKL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BRKL is cheaper with a 0.45% expense ratio, compared with 0.96% for DFEN.
DFEN has the higher dividend yield at 7.51%, compared with 0.00% for BRKL.
They also come from different issuers: Direxion and Corgi. Their fees differ too: 0.96% for DFEN and 0.45% for BRKL.
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