DRN vs. DPST
Compare and contrast key facts about Direxion Daily Real Estate Bull 3x Shares (DRN) and Direxion Daily Regional Banks Bull 3X Shares (DPST).
DRN and DPST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DRN is a passively managed fund by Direxion that tracks the performance of the MSCI US REIT Index (300%). It was launched on Jul 16, 2009. DPST is a passively managed fund by Direxion that tracks the performance of the Solactive US Regional Banks Total Return Index (300%). It was launched on Aug 19, 2015. Both DRN and DPST 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: DRN or DPST.
Key characteristics
| DRN | DPST | |
|---|---|---|
| YTD Return | 15.93% | 60.20% |
| 1Y Return | 82.87% | 213.02% |
| 3Y Return (Ann) | -20.34% | -35.09% |
| 5Y Return (Ann) | -12.59% | -29.16% |
| Sharpe Ratio | 1.73 | 2.33 |
| Sortino Ratio | 2.31 | 2.94 |
| Omega Ratio | 1.29 | 1.36 |
| Calmar Ratio | 1.12 | 2.25 |
| Martin Ratio | 5.89 | 8.86 |
| Ulcer Index | 15.02% | 24.64% |
| Daily Std Dev | 51.12% | 93.91% |
| Max Drawdown | -86.32% | -97.73% |
| Current Drawdown | -60.68% | -90.97% |
Correlation
The correlation between DRN and DPST is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DRN vs. DPST - Performance Comparison
In the year-to-date period, DRN achieves a 15.93% return, which is significantly lower than DPST's 60.20% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DRN vs. DPST - Expense Ratio Comparison
Both DRN and DPST have an expense ratio of 0.99%.
Risk-Adjusted Performance
DRN vs. DPST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Real Estate Bull 3x Shares (DRN) and Direxion Daily Regional Banks Bull 3X Shares (DPST). 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
DRN vs. DPST - Dividend Comparison
DRN's dividend yield for the trailing twelve months is around 2.04%, more than DPST's 1.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
DRN Direxion Daily Real Estate Bull 3x Shares | 2.04% | 2.84% | 2.70% | 4.21% | 1.91% | 2.59% | 3.12% | 0.92% |
DPST Direxion Daily Regional Banks Bull 3X Shares | 1.27% | 1.78% | 1.51% | 0.59% | 0.90% | 1.29% | 2.18% | 0.30% |
Drawdowns
DRN vs. DPST - Drawdown Comparison
The maximum DRN drawdown since its inception was -86.32%, smaller than the maximum DPST drawdown of -97.73%. Use the drawdown chart below to compare losses from any high point for DRN and DPST. For additional features, visit the drawdowns tool.
Volatility
DRN vs. DPST - Volatility Comparison
The current volatility for Direxion Daily Real Estate Bull 3x Shares (DRN) is 17.31%, while Direxion Daily Regional Banks Bull 3X Shares (DPST) has a volatility of 41.20%. This indicates that DRN experiences smaller price fluctuations and is considered to be less risky than DPST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.