DUSL vs. UDOW
Compare and contrast key facts about Direxion Daily Industrials Bull 3X Shares (DUSL) and ProShares UltraPro Dow30 (UDOW).
DUSL and UDOW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DUSL is a passively managed fund by Direxion that tracks the performance of the Utilities Select Sector Index (300%). It was launched on May 3, 2017. UDOW is a passively managed fund by ProShares that tracks the performance of the Dow Jones Industrial Average (300%). It was launched on Feb 9, 2010. Both DUSL and UDOW 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: DUSL or UDOW.
Key characteristics
| DUSL | UDOW | |
|---|---|---|
| YTD Return | 18.62% | -0.28% |
| 1Y Return | 76.71% | 35.11% |
| 3Y Return (Ann) | 7.34% | 2.77% |
| 5Y Return (Ann) | 9.95% | 8.29% |
| Sharpe Ratio | 1.69 | 1.07 |
| Daily Std Dev | 39.50% | 30.18% |
| Max Drawdown | -85.74% | -80.29% |
| Current Drawdown | -9.67% | -13.82% |
Correlation
The correlation between DUSL and UDOW is 0.86, 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.
Performance
DUSL vs. UDOW - Performance Comparison
In the year-to-date period, DUSL achieves a 18.62% return, which is significantly higher than UDOW's -0.28% 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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DUSL vs. UDOW - Expense Ratio Comparison
DUSL has a 1.01% expense ratio, which is higher than UDOW's 0.95% expense ratio.
Risk-Adjusted Performance
DUSL vs. UDOW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Industrials Bull 3X Shares (DUSL) and ProShares UltraPro Dow30 (UDOW). 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
DUSL vs. UDOW - Dividend Comparison
DUSL's dividend yield for the trailing twelve months is around 1.15%, more than UDOW's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DUSL Direxion Daily Industrials Bull 3X Shares | 1.15% | 1.28% | 0.66% | 0.07% | 0.48% | 1.01% | 1.46% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% |
UDOW ProShares UltraPro Dow30 | 0.86% | 0.95% | 0.83% | 0.26% | 0.30% | 0.61% | 0.73% | 0.13% | 0.67% | 0.21% | 0.46% | 0.35% |
Drawdowns
DUSL vs. UDOW - Drawdown Comparison
The maximum DUSL drawdown since its inception was -85.74%, which is greater than UDOW's maximum drawdown of -80.29%. Use the drawdown chart below to compare losses from any high point for DUSL and UDOW. For additional features, visit the drawdowns tool.
Volatility
DUSL vs. UDOW - Volatility Comparison
Direxion Daily Industrials Bull 3X Shares (DUSL) has a higher volatility of 11.01% compared to ProShares UltraPro Dow30 (UDOW) at 9.74%. This indicates that DUSL's price experiences larger fluctuations and is considered to be riskier than UDOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.