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

Correlation

The correlation between DRIP and XOP is -0.99. 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.


-0.50.00.51.0-1.0

Performance

DRIP vs. XOP - 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 SPDR S&P Oil & Gas Exploration & Production ETF (XOP). The values are adjusted to include any dividend payments, if applicable.

-100.00%-80.00%-60.00%-40.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-99.36%
-24.48%
DRIP
XOP

Key characteristics

Sharpe Ratio

DRIP:

0.29

XOP:

-0.28

Sortino Ratio

DRIP:

0.76

XOP:

-0.24

Omega Ratio

DRIP:

1.09

XOP:

0.97

Calmar Ratio

DRIP:

0.13

XOP:

-0.11

Martin Ratio

DRIP:

0.65

XOP:

-0.60

Ulcer Index

DRIP:

20.04%

XOP:

10.43%

Daily Std Dev

DRIP:

44.81%

XOP:

22.08%

Max Drawdown

DRIP:

-99.90%

XOP:

-90.27%

Current Drawdown

DRIP:

-99.84%

XOP:

-54.73%

Returns By Period

In the year-to-date period, DRIP achieves a 12.66% return, which is significantly higher than XOP's -6.18% return.


DRIP

YTD

12.66%

1M

31.60%

6M

22.89%

1Y

15.52%

5Y*

-51.64%

10Y*

N/A

XOP

YTD

-6.18%

1M

-14.06%

6M

-10.87%

1Y

-7.51%

5Y*

8.42%

10Y*

-2.65%

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. XOP - Expense Ratio Comparison

DRIP has a 1.07% expense ratio, which is higher than XOP's 0.35% 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 XOP: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

DRIP vs. XOP - 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 SPDR S&P Oil & Gas Exploration & Production ETF (XOP). 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 market0.002.004.000.29-0.28
The chart of Sortino ratio for DRIP, currently valued at 0.76, compared to the broader market-2.000.002.004.006.008.0010.000.76-0.24
The chart of Omega ratio for DRIP, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.001.090.97
The chart of Calmar ratio for DRIP, currently valued at 0.13, compared to the broader market0.005.0010.0015.000.13-0.24
The chart of Martin ratio for DRIP, currently valued at 0.65, compared to the broader market0.0020.0040.0060.0080.00100.000.65-0.60
DRIP
XOP

The current DRIP Sharpe Ratio is 0.29, which is higher than the XOP Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of DRIP and XOP, 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-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.29
-0.28
DRIP
XOP

Dividends

DRIP vs. XOP - Dividend Comparison

DRIP's dividend yield for the trailing twelve months is around 3.65%, more than XOP's 1.93% yield.


TTM20232022202120202019201820172016201520142013
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%0.00%0.00%0.00%0.00%0.00%
XOP
SPDR S&P Oil & Gas Exploration & Production ETF
1.93%2.63%2.47%1.61%2.34%1.47%0.99%0.76%0.76%2.21%1.41%0.84%

Drawdowns

DRIP vs. XOP - Drawdown Comparison

The maximum DRIP drawdown since its inception was -99.90%, which is greater than XOP's maximum drawdown of -90.27%. Use the drawdown chart below to compare losses from any high point for DRIP and XOP. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-99.84%
-25.57%
DRIP
XOP

Volatility

DRIP vs. XOP - Volatility Comparison

Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP) has a higher volatility of 12.77% compared to SPDR S&P Oil & Gas Exploration & Production ETF (XOP) at 6.52%. This indicates that DRIP's price experiences larger fluctuations and is considered to be riskier than XOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%18.00%JulyAugustSeptemberOctoberNovemberDecember
12.77%
6.52%
DRIP
XOP
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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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