DPST vs. YCS
DPST (Direxion Daily Regional Banks Bull 3X Shares) and YCS (ProShares UltraShort Yen) are both exchange-traded funds - DPST is a Leveraged Equities fund tracking the Solactive US Regional Banks Total Return Index (300%), while YCS is a Leveraged Currency fund tracking the USD/JPY Exchange Rate (-200%). Both are passively managed. Over the past 10 years, DPST returned -11.17%/yr vs 13.62%/yr for YCS. At a 0.19 correlation, their price movements are largely independent. DPST charges 0.99%/yr vs 1.00%/yr for YCS.
Performance
DPST vs. YCS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DPST achieves a 31.18% return, which is significantly higher than YCS's 9.63% return. Over the past 10 years, DPST has underperformed YCS with an annualized return of -11.17%, while YCS has yielded a comparatively higher 13.62% annualized return.
DPST
- 1D
- 4.14%
- 1M
- 16.60%
- YTD
- 31.18%
- 6M
- 20.48%
- 1Y
- 66.43%
- 3Y*
- 41.35%
- 5Y*
- -20.53%
- 10Y*
- -11.17%
YCS
- 1D
- -0.14%
- 1M
- 3.57%
- YTD
- 9.63%
- 6M
- 10.44%
- 1Y
- 31.27%
- 3Y*
- 18.37%
- 5Y*
- 23.52%
- 10Y*
- 13.62%
DPST vs. YCS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DPST Direxion Daily Regional Banks Bull 3X Shares | 31.18% | -5.90% | 15.48% | -55.79% | -54.10% | 108.31% | -76.53% | 70.65% | -56.75% | 7.28% |
YCS ProShares UltraShort Yen | 9.63% | 9.04% | 35.41% | 28.70% | 29.09% | 22.38% | -11.18% | 3.37% | -1.49% | -6.57% |
Correlation
The correlation between DPST and YCS is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Aug 19, 2015 | 0.19 |
The correlation between DPST and YCS shifts across timeframes, from -0.12 (1 year) to 0.19 (all time), 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. YCS — Risk / Return Rank
DPST
YCS
DPST vs. YCS - 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 UltraShort Yen (YCS). 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 | YCS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.34 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | 3.78 | -2.13 |
| Martin ratioReturn relative to average drawdown | 3.66 | 11.93 | -8.27 |
Loading charts...
Drawdowns
DPST vs. YCS - Drawdown Comparison
The maximum DPST drawdown since its inception was -97.73%, which is greater than YCS's maximum drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for DPST and YCS.
Loading charts...
Drawdown Indicators
| DPST | YCS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.73% | -49.56% | -48.17% |
Max Drawdown (1Y)Largest decline over 1 year | -40.44% | -8.30% | -32.14% |
Max Drawdown (3Y)Largest decline over 3 years | -68.38% | -23.05% | -45.33% |
Max Drawdown (5Y)Largest decline over 5 years | -93.99% | -27.32% | -66.67% |
Max Drawdown (10Y)Largest decline over 10 years | -97.73% | -27.32% | -70.41% |
Current DrawdownCurrent decline from peak | -91.97% | -0.14% | -91.83% |
Average DrawdownAverage peak-to-trough decline | -64.25% | -19.87% | -44.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.22% | 2.65% | +15.57% |
Volatility
DPST vs. YCS - Volatility Comparison
Direxion Daily Regional Banks Bull 3X Shares (DPST) has a higher volatility of 18.76% compared to ProShares UltraShort Yen (YCS) at 2.25%. This indicates that DPST's price experiences larger fluctuations and is considered to be riskier than YCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DPST | YCS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.76% | 2.25% | +16.51% |
Volatility (6M)Calculated over the trailing 6-month period | 48.13% | 12.19% | +35.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.32% | 16.93% | +52.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 88.98% | 21.10% | +67.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 94.46% | 18.82% | +75.64% |
DPST vs. YCS - Expense Ratio Comparison
DPST has a 0.99% expense ratio, which is lower than YCS's 1.00% expense ratio.
Dividends
DPST vs. YCS - Dividend Comparison
DPST's dividend yield for the trailing twelve months is around 1.61%, while YCS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DPST Direxion Daily Regional Banks Bull 3X Shares | 1.61% | 2.18% | 1.55% | 1.78% | 1.51% | 0.58% | 0.90% | 1.29% | 2.18% | 0.30% |
YCS ProShares UltraShort Yen | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DPST and YCS have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DPST has higher volatility (18.76%) compared to YCS (2.25%). In terms of maximum drawdown, DPST dropped -97.73% vs YCS's -49.56%.
On 10-year performance, YCS leads with 13.62% vs -11.17% for DPST. On fees, DPST is cheaper at 0.99% per year. On volatility, YCS has been the lower-risk option at 2.25%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, YCS has performed better with a 13.62% return vs -11.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DPST is cheaper with a 0.99% expense ratio, compared with 1.00% for YCS.
DPST has the higher dividend yield at 1.61%, compared with 0.00% for YCS.
DPST is categorized as Leveraged Equities, while YCS is Leveraged Currency. DPST tracks Solactive US Regional Banks Total Return Index (300%), while YCS tracks USD/JPY Exchange Rate (-200%). They also come from different issuers: Direxion and ProShares. Their fees differ too: 0.99% for DPST and 1.00% for YCS.
YCS currently has the higher Sharpe Ratio (1.86 vs 0.97), 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 YCS
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