DRIP vs. FTN.TO
Compare and contrast key facts about Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP) and Financial 15 Split Corp. (FTN.TO).
DRIP is a passively managed fund by Direxion that tracks the performance of the S&P Oil & Gas Exploration & Production Select Industry Index (-300%). It was launched on Apr 1, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DRIP or FTN.TO.
Key characteristics
| DRIP | FTN.TO | |
|---|---|---|
| YTD Return | -8.19% | 35.70% |
| 1Y Return | -11.23% | 74.43% |
| 3Y Return (Ann) | -37.50% | 8.03% |
| 5Y Return (Ann) | -54.79% | 1.40% |
| Sharpe Ratio | -0.22 | 4.78 |
| Sortino Ratio | -0.01 | 6.06 |
| Omega Ratio | 1.00 | 1.94 |
| Calmar Ratio | -0.10 | 1.52 |
| Martin Ratio | -0.52 | 44.36 |
| Ulcer Index | 19.16% | 1.70% |
| Daily Std Dev | 45.03% | 15.73% |
| Max Drawdown | -99.90% | -84.76% |
| Current Drawdown | -99.87% | -12.22% |
Correlation
The correlation between DRIP and FTN.TO is -0.45. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
DRIP vs. FTN.TO - Performance Comparison
In the year-to-date period, DRIP achieves a -8.19% return, which is significantly lower than FTN.TO's 35.70% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
DRIP vs. FTN.TO - 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 Financial 15 Split Corp. (FTN.TO). 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
DRIP vs. FTN.TO - Dividend Comparison
DRIP's dividend yield for the trailing twelve months is around 5.38%, less than FTN.TO's 16.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRIP Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares | 5.38% | 5.09% | 0.00% | 0.00% | 0.01% | 0.96% | 0.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTN.TO Financial 15 Split Corp. | 16.65% | 19.38% | 16.38% | 13.16% | 8.94% | 19.74% | 23.69% | 14.69% | 15.67% | 15.51% | 15.62% | 14.90% |
Drawdowns
DRIP vs. FTN.TO - Drawdown Comparison
The maximum DRIP drawdown since its inception was -99.90%, which is greater than FTN.TO's maximum drawdown of -84.76%. Use the drawdown chart below to compare losses from any high point for DRIP and FTN.TO. For additional features, visit the drawdowns tool.
Volatility
DRIP vs. FTN.TO - Volatility Comparison
Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP) has a higher volatility of 16.62% compared to Financial 15 Split Corp. (FTN.TO) at 5.41%. This indicates that DRIP's price experiences larger fluctuations and is considered to be riskier than FTN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.