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

Correlation

The correlation between DRIP and NRGD is 0.82, 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.


-0.50.00.51.00.8

Performance

DRIP vs. NRGD - 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 MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD). The values are adjusted to include any dividend payments, if applicable.

-100.00%-99.00%-98.00%-97.00%-96.00%JulyAugustSeptemberOctoberNovemberDecember
-96.28%
-99.93%
DRIP
NRGD

Key characteristics

Returns By Period


DRIP

YTD

12.66%

1M

31.60%

6M

22.89%

1Y

15.52%

5Y*

-51.64%

10Y*

N/A

NRGD

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

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DRIP vs. NRGD - Expense Ratio Comparison

DRIP has a 1.07% expense ratio, which is higher than NRGD's 0.95% expense ratio.


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 NRGD: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

DRIP vs. NRGD - 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 MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD). 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 market0.002.004.000.29-0.65
The chart of Sortino ratio for DRIP, currently valued at 0.76, compared to the broader market-2.000.002.004.006.008.0010.000.76-0.78
The chart of Omega ratio for DRIP, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.001.090.89
The chart of Calmar ratio for DRIP, currently valued at 0.13, compared to the broader market0.005.0010.0015.000.13-0.25
The chart of Martin ratio for DRIP, currently valued at 0.65, compared to the broader market0.0020.0040.0060.0080.00100.000.65-0.74
DRIP
NRGD


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.29
-0.65
DRIP
NRGD

Dividends

DRIP vs. NRGD - Dividend Comparison

DRIP's dividend yield for the trailing twelve months is around 3.65%, while NRGD has not paid dividends to shareholders.


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%
NRGD
MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN
0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

DRIP vs. NRGD - Drawdown Comparison


-99.95%-99.90%-99.85%-99.80%JulyAugustSeptemberOctoberNovemberDecember
-99.76%
-99.98%
DRIP
NRGD

Volatility

DRIP vs. NRGD - Volatility Comparison

Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP) has a higher volatility of 12.77% compared to MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) at 0.00%. This indicates that DRIP's price experiences larger fluctuations and is considered to be riskier than NRGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
12.77%
0
DRIP
NRGD
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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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