DRS vs. DFEN
Compare and contrast key facts about Leonardo DRS Inc. Common Stock (DRS) and Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN).
DFEN is a passively managed fund by Direxion that tracks the performance of the Dow Jones U.S. Select Aerospace & Defense Index (300%). It was launched on May 3, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DRS or DFEN.
Key characteristics
| DRS | DFEN | |
|---|---|---|
| YTD Return | 80.29% | 59.62% |
| 1Y Return | 79.31% | 109.21% |
| Sharpe Ratio | 2.29 | 2.62 |
| Sortino Ratio | 2.87 | 2.95 |
| Omega Ratio | 1.40 | 1.41 |
| Calmar Ratio | 6.10 | 1.61 |
| Martin Ratio | 13.21 | 16.53 |
| Ulcer Index | 6.24% | 7.04% |
| Daily Std Dev | 36.03% | 44.46% |
| Max Drawdown | -14.64% | -91.36% |
| Current Drawdown | -2.14% | -42.42% |
Correlation
The correlation between DRS and DFEN is 0.46, 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
DRS vs. DFEN - Performance Comparison
In the year-to-date period, DRS achieves a 80.29% return, which is significantly higher than DFEN's 59.62% 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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Risk-Adjusted Performance
DRS vs. DFEN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Leonardo DRS Inc. Common Stock (DRS) and Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN). 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
DRS vs. DFEN - Dividend Comparison
DRS has not paid dividends to shareholders, while DFEN's dividend yield for the trailing twelve months is around 0.83%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
DRS Leonardo DRS Inc. Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DFEN Direxion Daily Aerospace & Defense Bull 3X Shares | 0.83% | 1.13% | 0.46% | 1.89% | 0.48% | 0.50% | 1.07% | 1.46% |
Drawdowns
DRS vs. DFEN - Drawdown Comparison
The maximum DRS drawdown since its inception was -14.64%, smaller than the maximum DFEN drawdown of -91.36%. Use the drawdown chart below to compare losses from any high point for DRS and DFEN. For additional features, visit the drawdowns tool.
Volatility
DRS vs. DFEN - Volatility Comparison
The current volatility for Leonardo DRS Inc. Common Stock (DRS) is 15.38%, while Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) has a volatility of 20.81%. This indicates that DRS experiences smaller price fluctuations and is considered to be less risky than DFEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.