DPST vs. BRZU

Last updated Jun 4, 2026

DPST (Direxion Daily Regional Banks Bull 3X Shares) and BRZU (Direxion Daily Brazil Bull 2X Shares) are both Leveraged Equities funds from Direxion - DPST tracks the Solactive US Regional Banks Total Return Index (300%) while BRZU tracks the MSCI Brazil 25/50 Index. Both are passively managed. Over the past 10 years, DPST returned -14.98%/yr vs -15.64%/yr for BRZU. At a 0.32 correlation, their price movements are largely independent. DPST charges 0.99%/yr vs 1.29%/yr for BRZU.

Performance

DPST vs. BRZU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Regional Banks Bull 3X Shares (DPST) and Direxion Daily Brazil Bull 2X Shares (BRZU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DPST achieves a 4.97% return, which is significantly lower than BRZU's 19.48% return. Both investments have delivered pretty close results over the past 10 years, with DPST having a -14.98% annualized return and BRZU not far behind at -15.64%.

DPST

• 1D: -7.03%
• 1M: -6.52%
• YTD: 4.97%
• 6M: 6.73%
• 1Y: 37.91%
• 3Y*: 23.22%
• 5Y*: -26.61%
• 10Y*: -14.98%

BRZU

• 1D: 0.47%
• 1M: -18.56%
• YTD: 19.48%
• 6M: 10.44%
• 1Y: 69.96%
• 3Y*: 11.88%
• 5Y*: -2.00%
• 10Y*: -15.64%

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

DPST vs. BRZU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DPST Direxion Daily Regional Banks Bull 3X Shares	4.97%	-5.90%	15.48%	-55.79%	-54.10%	108.31%	-76.53%	70.65%	-56.75%	7.28%
BRZU Direxion Daily Brazil Bull 2X Shares	19.48%	97.99%	-57.07%	55.48%	8.30%	-39.23%	-91.34%	57.02%	-37.21%	30.80%

Correlation

The correlation between DPST and BRZU is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (10Y) Calculated over the trailing 10-year period	0.33
Correlation (All Time) Calculated using the full available price history since Aug 20, 2015	0.32

DPST vs. BRZU - Sectors Allocation Comparison

Sectors	DPST	BRZU
Financial Services	100.0%	32.7%
Basic Materials	-	13.7%
Communication Services	-	2.2%
Consumer Cyclical	-	1.5%
Consumer Defensive	-	4.2%
Energy	-	18.7%
Healthcare	-	2.4%
Industrials	-	10.9%
Real Estate	-	-
Technology	-	0.9%
Utilities	-	12.8%

Return for Risk

DPST vs. BRZU — Risk / Return Rank

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

DPST

DPST Risk / Return Rank: 20
DPST Sharpe Ratio Rank: 17
DPST Sortino Ratio Rank: 22
DPST Omega Ratio Rank: 23
DPST Calmar Ratio Rank: 21
DPST Martin Ratio Rank: 19

BRZU

BRZU Risk / Return Rank: 41
BRZU Sharpe Ratio Rank: 40
BRZU Sortino Ratio Rank: 37
BRZU Omega Ratio Rank: 38
BRZU Calmar Ratio Rank: 50
BRZU Martin Ratio Rank: 41

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.

DPST vs. BRZU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Regional Banks Bull 3X Shares (DPST) and Direxion Daily Brazil Bull 2X Shares (BRZU). 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.

	DPST	BRZU	Difference
Sharpe ratio Return per unit of total volatility	0.55	1.43	-0.88
Sortino ratio Return per unit of downside risk	1.18	1.93	-0.75
Omega ratio Gain probability vs. loss probability	1.15	1.25	-0.10
Calmar ratio Return relative to maximum drawdown	0.94	2.53	-1.58
Martin ratio Return relative to average drawdown	2.11	6.77	-4.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DPST vs. BRZU - Sharpe Ratio Comparison

The current DPST Sharpe Ratio is 0.55, which is lower than the BRZU Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of DPST and BRZU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DPST	BRZU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.55	1.43	-0.88
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.30	-0.04	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.16	-0.19	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	-0.35	+0.18

Drawdowns

DPST vs. BRZU - Drawdown Comparison

The maximum DPST drawdown since its inception was -97.73%, roughly equal to the maximum BRZU drawdown of -99.71%. Use the drawdown chart below to compare losses from any high point for DPST and BRZU.

Drawdown Indicators

	DPST	BRZU	Difference
Max Drawdown Largest peak-to-trough decline	-97.73%	-99.71%	+1.98%
Max Drawdown (1Y) Largest decline over 1 year	-40.44%	-28.06%	-12.38%
Max Drawdown (3Y) Largest decline over 3 years	-68.38%	-58.25%	-10.13%
Max Drawdown (5Y) Largest decline over 5 years	-93.99%	-65.00%	-28.99%
Max Drawdown (10Y) Largest decline over 10 years	-97.73%	-98.11%	+0.38%
Current Drawdown Current decline from peak	-93.57%	-99.14%	+5.57%
Average Drawdown Average peak-to-trough decline	-64.12%	-89.55%	+25.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.04%	10.46%	+7.58%

Volatility

DPST vs. BRZU - Volatility Comparison

Direxion Daily Regional Banks Bull 3X Shares (DPST) has a higher volatility of 17.99% compared to Direxion Daily Brazil Bull 2X Shares (BRZU) at 14.71%. This indicates that DPST's price experiences larger fluctuations and is considered to be riskier than BRZU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DPST	BRZU	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.99%	14.71%	+3.28%
Volatility (6M) Calculated over the trailing 6-month period	47.46%	41.12%	+6.34%
Volatility (1Y) Calculated over the trailing 1-year period	69.35%	49.12%	+20.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.36%	55.33%	+34.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.57%	83.14%	+11.43%

DPST vs. BRZU - Expense Ratio Comparison

DPST has a 0.99% expense ratio, which is lower than BRZU's 1.29% expense ratio.

Dividends

DPST vs. BRZU - Dividend Comparison

DPST's dividend yield for the trailing twelve months is around 2.01%, less than BRZU's 2.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRZU Direxion Daily Brazil Bull 2X Shares	2.23%	2.39%	8.73%	3.24%	4.70%	6.29%	0.78%	0.95%	1.04%	0.74%
DPST Direxion Daily Regional Banks Bull 3X Shares	2.01%	2.18%	1.55%	1.78%	1.51%	0.58%	0.90%	1.29%	2.18%	0.30%

Frequently Asked Questions

Can I hold both DPST and BRZU in my portfolio?

DPST and BRZU 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.

Which is riskier, DPST or BRZU?

DPST has higher volatility (17.99%) compared to BRZU (14.71%). In terms of maximum drawdown, DPST dropped -97.73% vs BRZU's -99.71%.

Which ETF is better, DPST or BRZU?

On 10-year performance, DPST leads with -14.98% vs -15.64% for BRZU. On fees, DPST is cheaper at 0.99% per year. On volatility, BRZU has been the lower-risk option at 14.71%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DPST or BRZU?

Over the 10-year period, DPST has performed better with a -14.98% return vs -15.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DPST or BRZU?

DPST is cheaper with a 0.99% expense ratio, compared with 1.29% for BRZU.

Which ETF pays a higher dividend yield, DPST or BRZU?

BRZU has the higher dividend yield at 2.23%, compared with 2.01% for DPST.

What is the main difference between DPST and BRZU?

DPST tracks Solactive US Regional Banks Total Return Index (300%), while BRZU tracks MSCI Brazil 25/50 Index. Their fees differ too: 0.99% for DPST and 1.29% for BRZU.

Which has better risk-adjusted returns?

BRZU currently has the higher Sharpe Ratio (1.43 vs 0.55), 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.