DPST vs. DRN
Compare and contrast key facts about Direxion Daily Regional Banks Bull 3X Shares (DPST) and Direxion Daily Real Estate Bull 3x Shares (DRN).
DPST and DRN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DPST is a passively managed fund by Direxion that tracks the performance of the Solactive US Regional Banks Total Return Index (300%). It was launched on Aug 19, 2015. DRN is a passively managed fund by Direxion that tracks the performance of the MSCI US REIT Index (300%). It was launched on Jul 16, 2009. Both DPST and DRN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DPST or DRN.
Performance
DPST vs. DRN - Performance Comparison
Returns By Period
In the year-to-date period, DPST achieves a 53.29% return, which is significantly higher than DRN's 17.08% return.
DPST
53.29%
34.77%
114.06%
148.68%
-29.70%
N/A
DRN
17.08%
-2.78%
53.98%
60.32%
-12.40%
-1.67%
Key characteristics
| DPST | DRN | |
|---|---|---|
| Sharpe Ratio | 1.66 | 1.26 |
| Sortino Ratio | 2.47 | 1.80 |
| Omega Ratio | 1.30 | 1.22 |
| Calmar Ratio | 1.56 | 0.80 |
| Martin Ratio | 6.12 | 4.04 |
| Ulcer Index | 24.65% | 15.24% |
| Daily Std Dev | 90.92% | 48.81% |
| Max Drawdown | -97.73% | -86.32% |
| Current Drawdown | -91.36% | -60.29% |
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DPST vs. DRN - Expense Ratio Comparison
Both DPST and DRN have an expense ratio of 0.99%.
Correlation
The correlation between DPST and DRN is 0.38, 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.
Risk-Adjusted Performance
DPST vs. DRN - Risk-Adjusted Performance 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.
Dividends
DPST vs. DRN - Dividend Comparison
DPST's dividend yield for the trailing twelve months is around 1.32%, less than DRN's 2.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
DPST Direxion Daily Regional Banks Bull 3X Shares | 1.32% | 1.78% | 1.51% | 0.59% | 0.90% | 1.29% | 2.18% | 0.30% |
DRN Direxion Daily Real Estate Bull 3x Shares | 2.02% | 2.84% | 2.70% | 4.21% | 1.91% | 2.59% | 3.12% | 0.92% |
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. For additional features, visit the drawdowns tool.
Volatility
DPST vs. DRN - Volatility Comparison
Direxion Daily Regional Banks Bull 3X Shares (DPST) has a higher volatility of 39.90% compared to Direxion Daily Real Estate Bull 3x Shares (DRN) at 15.94%. 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.