DPST vs. URTY

Last updated Jun 9, 2026

DPST (Direxion Daily Regional Banks Bull 3X Shares) and URTY (ProShares UltraPro Russell2000) are both Leveraged Equities funds - DPST tracks the Solactive US Regional Banks Total Return Index (300%) while URTY tracks the Russell 2000 Index (300%). Both are passively managed. Over the past 10 years, DPST returned -13.86%/yr vs 7.26%/yr for URTY. A 0.73 correlation means they provide meaningful diversification when combined. DPST charges 0.99%/yr vs 0.95%/yr for URTY.

Performance

DPST vs. URTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Regional Banks Bull 3X Shares (DPST) and ProShares UltraPro Russell2000 (URTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DPST achieves a 16.34% return, which is significantly lower than URTY's 40.19% return. Over the past 10 years, DPST has underperformed URTY with an annualized return of -13.86%, while URTY has yielded a comparatively higher 7.26% annualized return.

DPST

• 1D: 0.66%
• 1M: 0.10%
• YTD: 16.34%
• 6M: 16.74%
• 1Y: 48.12%
• 3Y*: 24.30%
• 5Y*: -24.46%
• 10Y*: -13.86%

URTY

• 1D: 2.59%
• 1M: -1.96%
• YTD: 40.19%
• 6M: 32.56%
• 1Y: 101.20%
• 3Y*: 23.50%
• 5Y*: -8.44%
• 10Y*: 7.26%

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

DPST vs. URTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DPST Direxion Daily Regional Banks Bull 3X Shares	16.34%	-5.90%	15.48%	-55.79%	-54.10%	108.31%	-76.53%	70.65%	-56.75%	7.28%
URTY ProShares UltraPro Russell2000	40.19%	9.26%	7.38%	24.43%	-62.81%	28.47%	-7.72%	72.37%	-39.59%	38.85%

Correlation

The correlation between DPST and URTY is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (10Y) Calculated over the trailing 10-year period	0.75
Correlation (All Time) Calculated using the full available price history since Aug 20, 2015	0.73

The correlation between DPST and URTY has been stable across timeframes, ranging from 0.69 to 0.77 - a consistent structural relationship.

DPST vs. URTY - Sectors Allocation Comparison

Sectors	DPST	URTY
Financial Services	100.0%	24.2%
Basic Materials	-	1.6%
Communication Services	-	0.8%
Consumer Cyclical	-	2.8%
Consumer Defensive	-	0.8%
Energy	-	2.1%
Healthcare	-	5.8%
Industrials	-	6.1%
Real Estate	-	2.0%
Technology	-	7.0%
Utilities	-	1.1%

Return for Risk

DPST vs. URTY — Risk / Return Rank

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

DPST

DPST Risk / Return Rank: 25
DPST Sharpe Ratio Rank: 22
DPST Sortino Ratio Rank: 27
DPST Omega Ratio Rank: 28
DPST Calmar Ratio Rank: 27
DPST Martin Ratio Rank: 23

URTY

URTY Risk / Return Rank: 57
URTY Sharpe Ratio Rank: 57
URTY Sortino Ratio Rank: 51
URTY Omega Ratio Rank: 47
URTY Calmar Ratio Rank: 69
URTY Martin Ratio Rank: 62

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. URTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Regional Banks Bull 3X Shares (DPST) and ProShares UltraPro Russell2000 (URTY). 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	URTY	Difference
Sharpe ratio: Return per unit of total volatility	0.70	1.75	-1.05
Sortino ratio: Return per unit of downside risk	1.34	2.26	-0.93
Omega ratio: Gain probability vs. loss probability	1.17	1.27	-0.10
Calmar ratio: Return relative to maximum drawdown	1.20	3.13	-1.93
Martin ratio: Return relative to average drawdown	2.66	10.23	-7.57
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. URTY - Sharpe Ratio Comparison

The current DPST Sharpe Ratio is 0.70, which is lower than the URTY Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of DPST and URTY, 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	URTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.70	1.75	-1.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.27	-0.13	-0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.15	0.10	-0.25
Sharpe Ratio (All Time) Calculated using the full available price history	-0.16	0.20	-0.35

Drawdowns

DPST vs. URTY - Drawdown Comparison

The maximum DPST drawdown since its inception was -97.73%, which is greater than URTY's maximum drawdown of -88.09%. Use the drawdown chart below to compare losses from any high point for DPST and URTY.

Drawdown Indicators

	DPST	URTY	Difference
Max Drawdown Largest peak-to-trough decline	-97.73%	-88.09%	-9.64%
Max Drawdown (1Y) Largest decline over 1 year	-40.44%	-32.56%	-7.88%
Max Drawdown (3Y) Largest decline over 3 years	-68.38%	-65.85%	-2.53%
Max Drawdown (5Y) Largest decline over 5 years	-93.99%	-82.76%	-11.23%
Max Drawdown (10Y) Largest decline over 10 years	-97.73%	-88.09%	-9.64%
Current Drawdown Current decline from peak	-92.87%	-42.28%	-50.59%
Average Drawdown Average peak-to-trough decline	-64.15%	-34.79%	-29.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.16%	9.93%	+8.23%

Volatility

DPST vs. URTY - Volatility Comparison

Direxion Daily Regional Banks Bull 3X Shares (DPST) and ProShares UltraPro Russell2000 (URTY) have volatilities of 19.33% and 19.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DPST	URTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.33%	19.69%	-0.36%
Volatility (6M) Calculated over the trailing 6-month period	47.84%	41.89%	+5.95%
Volatility (1Y) Calculated over the trailing 1-year period	69.46%	58.35%	+11.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.45%	67.60%	+21.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.60%	69.43%	+25.17%

DPST vs. URTY - Expense Ratio Comparison

DPST has a 0.99% expense ratio, which is higher than URTY's 0.95% expense ratio.

Dividends

DPST vs. URTY - Dividend Comparison

DPST's dividend yield for the trailing twelve months is around 1.82%, more than URTY's 0.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPST Direxion Daily Regional Banks Bull 3X Shares	1.82%	2.18%	1.55%	1.78%	1.51%	0.58%	0.90%	1.29%	2.18%	0.30%	0.00%
URTY ProShares UltraPro Russell2000	0.67%	1.02%	1.16%	0.55%	0.28%	0.00%	0.00%	0.18%	0.28%	0.00%	0.03%

Frequently Asked Questions

Can I hold both DPST and URTY in my portfolio?

DPST and URTY have a correlation of 0.69, 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 URTY?

URTY has higher volatility (19.69%) compared to DPST (19.33%). In terms of maximum drawdown, DPST dropped -97.73% vs URTY's -88.09%.

Which ETF is better, DPST or URTY?

On 10-year performance, URTY leads with 7.26% vs -13.86% for DPST. On fees, URTY is cheaper at 0.95% per year. On volatility, DPST has been the lower-risk option at 19.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DPST or URTY?

Over the 10-year period, URTY has performed better with a 7.26% return vs -13.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DPST or URTY?

URTY is cheaper with a 0.95% expense ratio, compared with 0.99% for DPST.

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

DPST has the higher dividend yield at 1.82%, compared with 0.67% for URTY.

What is the main difference between DPST and URTY?

DPST tracks Solactive US Regional Banks Total Return Index (300%), while URTY tracks Russell 2000 Index (300%). They also come from different issuers: Direxion and ProShares. Their fees differ too: 0.99% for DPST and 0.95% for URTY.

Which has better risk-adjusted returns?

URTY currently has the higher Sharpe Ratio (1.75 vs 0.70), 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.