DRIP vs. GUSH
Compare and contrast key facts about Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP) and Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH).
DRIP and GUSH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. GUSH 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. Both DRIP and GUSH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DRIP or GUSH.
Correlation
The correlation between DRIP and GUSH is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DRIP vs. GUSH - Performance Comparison
Key characteristics
DRIP:
0.79
GUSH:
-0.82
DRIP:
1.56
GUSH:
-1.07
DRIP:
1.20
GUSH:
0.85
DRIP:
0.51
GUSH:
-0.53
DRIP:
3.80
GUSH:
-1.79
DRIP:
13.33%
GUSH:
29.60%
DRIP:
63.95%
GUSH:
64.44%
DRIP:
-99.90%
GUSH:
-99.98%
DRIP:
-99.83%
GUSH:
-99.90%
Returns By Period
In the year-to-date period, DRIP achieves a 16.73% return, which is significantly higher than GUSH's -32.75% return.
DRIP
16.73%
20.48%
17.71%
53.77%
-57.35%
N/A
GUSH
-32.75%
-31.70%
-35.29%
-53.99%
20.88%
N/A
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DRIP vs. GUSH - Expense Ratio Comparison
DRIP has a 1.07% expense ratio, which is lower than GUSH's 1.17% expense ratio.
Risk-Adjusted Performance
DRIP vs. GUSH — Risk-Adjusted Performance Rank
DRIP
GUSH
DRIP vs. GUSH - 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 S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH). 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. GUSH - Dividend Comparison
DRIP's dividend yield for the trailing twelve months is around 3.27%, less than GUSH's 4.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
DRIP Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares | 3.27% | 4.38% | 5.09% | 0.00% | 0.00% | 0.01% | 0.96% | 0.58% | 0.00% | 0.00% |
GUSH Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares | 4.10% | 2.96% | 3.00% | 0.47% | 0.00% | 0.20% | 1.68% | 0.17% | 0.00% | 3.26% |
Drawdowns
DRIP vs. GUSH - Drawdown Comparison
The maximum DRIP drawdown since its inception was -99.90%, roughly equal to the maximum GUSH drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for DRIP and GUSH. For additional features, visit the drawdowns tool.
Volatility
DRIP vs. GUSH - Volatility Comparison
The current volatility for Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP) is 43.77%, while Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH) has a volatility of 46.87%. This indicates that DRIP experiences smaller price fluctuations and is considered to be less risky than GUSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.