DPST vs. KRE

Last updated Apr 1, 2026

Compare and contrast key facts about Direxion Daily Regional Banks Bull 3X Shares (DPST) and SPDR S&P Regional Banking ETF (KRE).

DPST and KRE 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. KRE is a passively managed fund by State Street that tracks the performance of the S&P Regional Banks Select Industry Index. It was launched on Jun 19, 2006. Both DPST and KRE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

DPST vs. KRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Regional Banks Bull 3X Shares (DPST) and SPDR S&P Regional Banking ETF (KRE). The values are adjusted to include any dividend payments, if applicable.

DPST vs. KRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DPST Direxion Daily Regional Banks Bull 3X Shares	-3.92%	-5.90%	15.48%	-55.79%	-54.10%	108.31%	-76.53%	70.65%	-56.75%	7.28%
KRE SPDR S&P Regional Banking ETF	1.11%	10.21%	18.58%	-7.61%	-15.08%	39.29%	-7.43%	27.44%	-18.81%	7.49%

Returns By Period

In the year-to-date period, DPST achieves a -3.92% return, which is significantly lower than KRE's 1.11% return. Over the past 10 years, DPST has underperformed KRE with an annualized return of -14.27%, while KRE has yielded a comparatively higher 8.29% annualized return.

DPST

• 1D: 7.25%
• 1M: -7.04%
• YTD: -3.92%
• 6M: -2.44%
• 1Y: 14.13%
• 3Y*: 10.35%
• 5Y*: -25.87%
• 10Y*: -14.27%

KRE

• 1D: 2.42%
• 1M: -1.86%
• YTD: 1.11%
• 6M: 4.17%
• 1Y: 17.51%
• 3Y*: 17.48%
• 5Y*: 2.24%
• 10Y*: 8.29%

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

DPST vs. KRE - Expense Ratio Comparison

DPST has a 0.99% expense ratio, which is higher than KRE's 0.35% expense ratio.

DPST

Direxion Daily Regional Banks Bull 3X Shares

KRE

SPDR S&P Regional Banking ETF

Return for Risk

DPST vs. KRE — Risk / Return Rank

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

DPST

DPST Risk / Return Rank: 23
DPST Sharpe Ratio Rank: 17
DPST Sortino Ratio Rank: 29
DPST Omega Ratio Rank: 31
DPST Calmar Ratio Rank: 22
DPST Martin Ratio Rank: 19

KRE

KRE Risk / Return Rank: 40
KRE Sharpe Ratio Rank: 36
KRE Sortino Ratio Rank: 37
KRE Omega Ratio Rank: 39
KRE Calmar Ratio Rank: 52
KRE Martin Ratio Rank: 36

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. KRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Regional Banks Bull 3X Shares (DPST) and SPDR S&P Regional Banking ETF (KRE). 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	KRE	Difference
Sharpe ratio Return per unit of total volatility	0.17	0.63	-0.46
Sortino ratio Return per unit of downside risk	0.82	1.00	-0.18
Omega ratio Gain probability vs. loss probability	1.12	1.15	-0.03
Calmar ratio Return relative to maximum drawdown	0.40	1.23	-0.83
Martin ratio Return relative to average drawdown	0.89	3.07	-2.18
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. KRE - Sharpe Ratio Comparison

The current DPST Sharpe Ratio is 0.17, which is lower than the KRE Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of DPST and KRE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DPST	KRE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.17	0.63	-0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.29	0.07	-0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.15	0.26	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	-0.18	0.12	-0.30

Correlation

The correlation between DPST and KRE is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

DPST vs. KRE - Dividend Comparison

DPST's dividend yield for the trailing twelve months is around 2.20%, less than KRE's 2.42% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPST Direxion Daily Regional Banks Bull 3X Shares	2.20%	2.18%	1.55%	1.78%	1.51%	0.58%	0.90%	1.29%	2.18%	0.30%	0.00%	0.00%
KRE SPDR S&P Regional Banking ETF	2.42%	2.45%	2.59%	2.99%	2.51%	1.97%	2.78%	2.21%	2.48%	1.40%	1.40%	1.80%

Drawdowns

DPST vs. KRE - Drawdown Comparison

The maximum DPST drawdown since its inception was -97.73%, which is greater than KRE's maximum drawdown of -68.54%. Use the drawdown chart below to compare losses from any high point for DPST and KRE.

Drawdown Indicators

	DPST	KRE	Difference
Max Drawdown Largest peak-to-trough decline	-97.73%	-68.54%	-29.19%
Max Drawdown (1Y) Largest decline over 1 year	-41.50%	-14.95%	-26.55%
Max Drawdown (5Y) Largest decline over 5 years	-93.99%	-52.69%	-41.30%
Max Drawdown (10Y) Largest decline over 10 years	-97.73%	-54.92%	-42.81%
Current Drawdown Current decline from peak	-94.12%	-11.00%	-83.12%
Average Drawdown Average peak-to-trough decline	-63.64%	-22.05%	-41.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.56%	6.00%	+12.56%

Volatility

DPST vs. KRE - Volatility Comparison

Direxion Daily Regional Banks Bull 3X Shares (DPST) has a higher volatility of 15.90% compared to SPDR S&P Regional Banking ETF (KRE) at 5.28%. This indicates that DPST's price experiences larger fluctuations and is considered to be riskier than KRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DPST	KRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.90%	5.28%	+10.62%
Volatility (6M) Calculated over the trailing 6-month period	54.27%	17.94%	+36.33%
Volatility (1Y) Calculated over the trailing 1-year period	83.71%	28.13%	+55.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.62%	30.07%	+59.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.78%	31.96%	+62.82%