DUSL vs. INVZ

Last updated Aug 2, 2026

DUSL (Direxion Daily Industrials Bull 3X Shares) is Leveraged Equities fund tracking the Industrials Select Sector Index (300%), while INVZ (Innoviz Technologies Ltd.) is a stock. Over the past 5 years, DUSL returned 20.90%/yr vs -45.89%/yr for INVZ. Their 0.36 correlation means their historical movements had little consistent relationship.

Performance

DUSL vs. INVZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Industrials Bull 3X Shares (DUSL) and Innoviz Technologies Ltd. (INVZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DUSL achieves a 39.99% return, which is significantly higher than INVZ's -49.71% return.

DUSL

• 1D: 2.43%
• 1M: -7.89%
• 6M: 17.29%
• YTD: 39.99%
• 1Y: 50.01%
• 3Y*: 39.27%
• 5Y*: 20.90%
• 10Y*: —
• ALL TIME*: 18.43%

INVZ

• 1D: 1.85%
• 1M: -38.07%
• 6M: -55.39%
• YTD: -49.71%
• 1Y: -71.01%
• 3Y*: -52.61%
• 5Y*: -45.89%
• 10Y*: —
• ALL TIME*: -44.39%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DUSL Direxion Daily Industrials Bull 3X Shares	$913.54K	$1.33M	$1.65M
INVZ Innoviz Technologies Ltd.	$1.96M	$1.54M	$2.22M

DUSL vs. INVZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DUSL Direxion Daily Industrials Bull 3X Shares	39.99%	37.50%	34.75%	37.23%	-31.17%	19.05%
INVZ Innoviz Technologies Ltd.	-49.71%	-49.22%	-33.60%	-35.62%	-38.01%	-34.84%

Correlation

The correlation between DUSL and INVZ is 0.36, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.36
Correlation (3Y) Balances recent behavior with more history.	0.37
Correlation (5Y) Shows whether the relationship held over a longer period.	0.38
Correlation (All Time) Calculated using the full available price history since Apr 5, 2021	0.36

Return for Risk

DUSL vs. INVZ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DUSL

DUSL Risk / Return Rank: 37
DUSL Sharpe Ratio Rank: 34
DUSL Sortino Ratio Rank: 37
DUSL Omega Ratio Rank: 35
DUSL Calmar Ratio Rank: 38
DUSL Martin Ratio Rank: 41

INVZ

INVZ Risk / Return Rank: 10
INVZ Sharpe Ratio Rank: 10
INVZ Sortino Ratio Rank: 8
INVZ Omega Ratio Rank: 10
INVZ Calmar Ratio Rank: 10
INVZ Martin Ratio Rank: 11

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DUSL vs. INVZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Industrials Bull 3X Shares (DUSL) and Innoviz Technologies Ltd. (INVZ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DUSL	INVZ	Difference
Sharpe ratio: Return per unit of total volatility	0.85	-0.78	+1.63
Sortino ratio: Return per unit of downside risk	1.41	-1.36	+2.77
Omega ratio: Gain probability vs. loss probability	1.17	0.85	+0.32
Calmar ratio: Return relative to maximum drawdown	1.30	-0.86	+2.16
Martin ratio: Return relative to average drawdown	4.31	-1.31	+5.61

DUSL vs. INVZ - Sharpe Ratio Comparison

The current DUSL Sharpe Ratio is 0.85, which is higher than the INVZ Sharpe Ratio of -0.78. The chart below compares the historical Sharpe Ratios of DUSL and INVZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DUSL vs. INVZ - Drawdown Comparison

The maximum DUSL drawdown since its inception was -85.74%, smaller than the maximum INVZ drawdown of -96.92%. Use the drawdown chart below to compare losses from any high point for DUSL and INVZ.

Drawdown Indicators

	DUSL	INVZ	Difference
Max Drawdown Largest peak-to-trough decline	-85.74%	-96.92%	+11.18%
Max Drawdown (1Y) Largest decline over 1 year	-33.68%	-84.03%	+50.35%
Max Drawdown (3Y) Largest decline over 3 years	-50.86%	-89.76%	+38.90%
Max Drawdown (5Y) Largest decline over 5 years	-58.43%	-96.02%	+37.59%
Current Drawdown Current decline from peak	-10.22%	-96.53%	+86.31%
Average Drawdown Average peak-to-trough decline	-21.74%	-75.37%	+53.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.13%	55.26%	-45.13%

Volatility

DUSL vs. INVZ - Volatility Comparison

The current volatility for Direxion Daily Industrials Bull 3X Shares (DUSL) is 14.35%, while Innoviz Technologies Ltd. (INVZ) has a volatility of 43.07%. This indicates that DUSL experiences smaller price fluctuations and is considered to be less risky than INVZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DUSL	INVZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.35%	43.07%	-28.72%
Volatility (6M) Calculated over the trailing 6-month period	42.40%	67.49%	-25.09%
Volatility (1Y) Calculated over the trailing 1-year period	51.40%	92.96%	-41.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.05%	91.13%	-38.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.54%	90.01%	-28.47%

Dividends

DUSL vs. INVZ - Dividend Comparison

DUSL's dividend yield for the trailing twelve months is around 8.07%, while INVZ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DUSL Direxion Daily Industrials Bull 3X Shares	8.07%	11.39%	6.61%	1.28%	0.66%	0.07%	0.48%	1.01%	1.46%	0.57%
INVZ Innoviz Technologies Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DUSL and INVZ in my portfolio?

DUSL and INVZ have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DUSL or INVZ?

INVZ has higher volatility (43.07%) compared to DUSL (14.35%). In terms of maximum drawdown, DUSL dropped -85.74% vs INVZ's -96.92%.

Which has better risk-adjusted returns?

DUSL currently has the higher Sharpe Ratio (0.85 vs -0.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.