DPST vs. DRN
DPST (Direxion Daily Regional Banks Bull 3X Shares) and DRN (Direxion Daily Real Estate Bull 3x Shares) are both exchange-traded funds - DPST is a Leveraged Equities fund tracking the Solactive US Regional Banks Total Return Index (300%), while DRN is a REIT fund tracking the MSCI US REIT Index (300%). Both are passively managed. Over the past 10 years, DPST returned -11.01%/yr vs -6.41%/yr for DRN. Their 0.40 correlation means their historical movements had little consistent relationship. Both charge a 0.99% expense ratio.
Performance
DPST vs. DRN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DPST achieves a 45.96% return, which is significantly higher than DRN's 32.35% return. Over the past 10 years, DPST has underperformed DRN with an annualized return of -11.01%, while DRN has yielded a comparatively higher -6.41% annualized return.
DPST
- 1D
- 0.85%
- 1M
- 2.62%
- 6M
- 24.97%
- YTD
- 45.96%
- 1Y
- 81.17%
- 3Y*
- 22.15%
- 5Y*
- -14.99%
- 10Y*
- -11.01%
- ALL TIME*
- -12.97%
DRN
- 1D
- -1.59%
- 1M
- 1.27%
- 6M
- 24.19%
- YTD
- 32.35%
- 1Y
- 22.62%
- 3Y*
- 7.14%
- 5Y*
- -11.80%
- 10Y*
- -6.41%
- ALL TIME*
- 14.10%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $35.57M | $38.84M | $44.12M | |
| $8.18M | $8.89M | $10.29M |
DPST vs. DRN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DPST Direxion Daily Regional Banks Bull 3X Shares | 45.96% | -5.90% | 15.48% | -55.79% | -54.10% | 108.31% | -76.53% | 70.65% | -56.75% | 7.28% |
DRN Direxion Daily Real Estate Bull 3x Shares | 32.35% | -11.24% | -5.29% | 12.03% | -67.26% | 152.94% | -55.37% | 81.86% | -25.11% | 7.50% |
Correlation
The correlation between DPST and DRN is 0.45, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.45 |
Correlation (3Y) Balances recent behavior with more history. | 0.49 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.52 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.41 |
Correlation (All Time) Calculated using the full available price history since Aug 19, 2015 | 0.40 |
The correlation between DPST and DRN shifts across timeframes, from 0.40 (all time) to 0.52 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DPST vs. DRN — Risk / Return Rank
DPST
DRN
DPST vs. DRN - 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 Real Estate Bull 3x Shares (DRN). 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.
| DPST | DRN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.12 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 0.88 | +0.85 |
| Martin ratioReturn relative to average drawdown | 3.92 | 2.33 | +1.59 |
Loading charts...
Drawdowns
DPST vs. DRN - Drawdown Comparison
The maximum DPST drawdown since its inception was -97.73%, which is greater than DRN's maximum drawdown of -86.32%. Use the drawdown chart below to compare losses from any high point for DPST and DRN.
Loading charts...
Drawdown Indicators
| DPST | DRN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.73% | -86.32% | -11.41% |
Max Drawdown (1Y)Largest decline over 1 year | -40.44% | -24.28% | -16.16% |
Max Drawdown (3Y)Largest decline over 3 years | -68.38% | -48.26% | -20.12% |
Max Drawdown (5Y)Largest decline over 5 years | -93.99% | -80.58% | -13.41% |
Max Drawdown (10Y)Largest decline over 10 years | -97.73% | -86.32% | -11.41% |
Current DrawdownCurrent decline from peak | -91.06% | -62.26% | -28.80% |
Average DrawdownAverage peak-to-trough decline | -64.52% | -35.32% | -29.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.85% | 9.16% | +8.69% |
Volatility
DPST vs. DRN - Volatility Comparison
Direxion Daily Regional Banks Bull 3X Shares (DPST) has a higher volatility of 16.37% compared to Direxion Daily Real Estate Bull 3x Shares (DRN) at 13.15%. This indicates that DPST's price experiences larger fluctuations and is considered to be riskier than DRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DPST | DRN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.37% | 13.15% | +3.22% |
Volatility (6M)Calculated over the trailing 6-month period | 46.05% | 33.01% | +13.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.21% | 42.10% | +26.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 88.35% | 56.91% | +31.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 94.21% | 60.80% | +33.41% |
DPST vs. DRN - Expense Ratio Comparison
Both DPST and DRN have an expense ratio of 0.99%.
Dividends
DPST vs. DRN - Dividend Comparison
DPST's dividend yield for the trailing twelve months is around 1.50%, less than DRN's 1.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DPST Direxion Daily Regional Banks Bull 3X Shares | 1.50% | 2.18% | 1.55% | 1.78% | 1.51% | 0.58% | 0.90% | 1.29% | 2.18% | 0.30% |
DRN Direxion Daily Real Estate Bull 3x Shares | 1.87% | 2.81% | 2.24% | 2.84% | 2.70% | 4.21% | 1.90% | 2.59% | 3.11% | 0.91% |
Frequently Asked Questions
DPST and DRN have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DPST has higher volatility (16.37%) compared to DRN (13.15%). In terms of maximum drawdown, DPST dropped -97.73% vs DRN's -86.32%.
On 10-year performance, DRN leads with -6.41% vs -11.01% for DPST. Both ETFs have the same 0.99% expense ratio. On volatility, DRN has been the lower-risk option at 13.15%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, DRN has performed better with a -6.41% return vs -11.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DPST and DRN have the same expense ratio: 0.99% per year.
DRN has the higher dividend yield at 1.87%, compared with 1.50% for DPST.
DPST is categorized as Leveraged Equities, while DRN is REIT. DPST tracks Solactive US Regional Banks Total Return Index (300%), while DRN tracks MSCI US REIT Index (300%).
DPST currently has the higher Sharpe Ratio (1.03 vs 0.51), 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.
Find the right allocation for DPST and DRN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer