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DRIP vs. ERY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DRIP and ERY is 0.91, 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.


-0.50.00.51.00.9

Performance

DRIP vs. ERY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP) and Direxion Daily Energy Bear 2X Shares (ERY). The values are adjusted to include any dividend payments, if applicable.

-99.50%-99.00%-98.50%-98.00%-97.50%-97.00%JulyAugustSeptemberOctoberNovemberDecember
-99.36%
-96.89%
DRIP
ERY

Key characteristics

Sharpe Ratio

DRIP:

0.29

ERY:

0.03

Sortino Ratio

DRIP:

0.76

ERY:

0.31

Omega Ratio

DRIP:

1.09

ERY:

1.03

Calmar Ratio

DRIP:

0.13

ERY:

0.01

Martin Ratio

DRIP:

0.65

ERY:

0.05

Ulcer Index

DRIP:

20.04%

ERY:

21.39%

Daily Std Dev

DRIP:

44.81%

ERY:

35.51%

Max Drawdown

DRIP:

-99.90%

ERY:

-99.98%

Current Drawdown

DRIP:

-99.84%

ERY:

-99.98%

Returns By Period

In the year-to-date period, DRIP achieves a 12.66% return, which is significantly higher than ERY's -0.84% return.


DRIP

YTD

12.66%

1M

31.60%

6M

22.89%

1Y

15.52%

5Y*

-51.64%

10Y*

N/A

ERY

YTD

-0.84%

1M

31.44%

6M

11.65%

1Y

1.79%

5Y*

-41.02%

10Y*

-29.69%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


DRIP vs. ERY - Expense Ratio Comparison

Both DRIP and ERY have an expense ratio of 1.07%.


DRIP
Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares
Expense ratio chart for DRIP: current value at 1.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.07%
Expense ratio chart for ERY: current value at 1.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.07%

Risk-Adjusted Performance

DRIP vs. ERY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP) and Direxion Daily Energy Bear 2X Shares (ERY). 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.


Sharpe ratio
The chart of Sharpe ratio for DRIP, currently valued at 0.29, compared to the broader market0.002.004.000.290.03
The chart of Sortino ratio for DRIP, currently valued at 0.76, compared to the broader market-2.000.002.004.006.008.0010.000.760.31
The chart of Omega ratio for DRIP, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.001.091.03
The chart of Calmar ratio for DRIP, currently valued at 0.13, compared to the broader market0.005.0010.0015.000.130.01
The chart of Martin ratio for DRIP, currently valued at 0.65, compared to the broader market0.0020.0040.0060.0080.00100.000.650.05
DRIP
ERY

The current DRIP Sharpe Ratio is 0.29, which is higher than the ERY Sharpe Ratio of 0.03. The chart below compares the historical Sharpe Ratios of DRIP and ERY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.29
0.03
DRIP
ERY

Dividends

DRIP vs. ERY - Dividend Comparison

DRIP's dividend yield for the trailing twelve months is around 3.65%, more than ERY's 3.57% yield.


TTM202320222021202020192018
DRIP
Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares
3.65%5.09%0.00%0.00%0.01%0.96%0.58%
ERY
Direxion Daily Energy Bear 2X Shares
3.57%4.14%0.32%0.00%0.43%1.50%0.56%

Drawdowns

DRIP vs. ERY - Drawdown Comparison

The maximum DRIP drawdown since its inception was -99.90%, roughly equal to the maximum ERY drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for DRIP and ERY. For additional features, visit the drawdowns tool.


-99.80%-99.60%-99.40%-99.20%-99.00%JulyAugustSeptemberOctoberNovemberDecember
-99.84%
-99.11%
DRIP
ERY

Volatility

DRIP vs. ERY - Volatility Comparison

Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP) has a higher volatility of 12.77% compared to Direxion Daily Energy Bear 2X Shares (ERY) at 9.26%. This indicates that DRIP's price experiences larger fluctuations and is considered to be riskier than ERY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


8.00%10.00%12.00%14.00%16.00%18.00%JulyAugustSeptemberOctoberNovemberDecember
12.77%
9.26%
DRIP
ERY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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