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DUST vs. SPXL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DUST and SPXL is -0.18. 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.


-0.50.00.51.0-0.2

Performance

DUST vs. SPXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Gold Miners Bear 2X Shares (DUST) and Direxion Daily S&P 500 Bull 3X Shares (SPXL). The values are adjusted to include any dividend payments, if applicable.

0.00%1,000.00%2,000.00%3,000.00%4,000.00%JulyAugustSeptemberOctoberNovemberDecember
-99.97%
3,327.19%
DUST
SPXL

Key characteristics

Sharpe Ratio

DUST:

-0.54

SPXL:

2.04

Sortino Ratio

DUST:

-0.50

SPXL:

2.45

Omega Ratio

DUST:

0.95

SPXL:

1.34

Calmar Ratio

DUST:

-0.34

SPXL:

2.41

Martin Ratio

DUST:

-0.72

SPXL:

12.24

Ulcer Index

DUST:

47.53%

SPXL:

6.18%

Daily Std Dev

DUST:

62.99%

SPXL:

37.04%

Max Drawdown

DUST:

-100.00%

SPXL:

-76.86%

Current Drawdown

DUST:

-99.99%

SPXL:

-8.08%

Returns By Period

In the year-to-date period, DUST achieves a -32.92% return, which is significantly lower than SPXL's 68.38% return. Over the past 10 years, DUST has underperformed SPXL with an annualized return of -57.70%, while SPXL has yielded a comparatively higher 23.67% annualized return.


DUST

YTD

-32.92%

1M

15.89%

6M

-12.71%

1Y

-31.65%

5Y*

-48.07%

10Y*

-57.70%

SPXL

YTD

68.38%

1M

-1.82%

6M

18.95%

1Y

69.76%

5Y*

22.17%

10Y*

23.67%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


DUST vs. SPXL - Expense Ratio Comparison

DUST has a 1.07% expense ratio, which is higher than SPXL's 1.02% expense ratio.


DUST
Direxion Daily Gold Miners Bear 2X Shares
Expense ratio chart for DUST: 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 SPXL: current value at 1.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.02%

Risk-Adjusted Performance

DUST vs. SPXL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Gold Miners Bear 2X Shares (DUST) and Direxion Daily S&P 500 Bull 3X Shares (SPXL). 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 DUST, currently valued at -0.54, compared to the broader market0.002.004.00-0.542.04
The chart of Sortino ratio for DUST, currently valued at -0.50, compared to the broader market-2.000.002.004.006.008.0010.00-0.502.45
The chart of Omega ratio for DUST, currently valued at 0.95, compared to the broader market0.501.001.502.002.503.000.951.34
The chart of Calmar ratio for DUST, currently valued at -0.34, compared to the broader market0.005.0010.0015.00-0.342.41
The chart of Martin ratio for DUST, currently valued at -0.72, compared to the broader market0.0020.0040.0060.0080.00100.00-0.7212.24
DUST
SPXL

The current DUST Sharpe Ratio is -0.54, which is lower than the SPXL Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of DUST and SPXL, 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-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.54
2.04
DUST
SPXL

Dividends

DUST vs. SPXL - Dividend Comparison

DUST's dividend yield for the trailing twelve months is around 4.57%, more than SPXL's 0.53% yield.


TTM2023202220212020201920182017
DUST
Direxion Daily Gold Miners Bear 2X Shares
4.57%1.66%0.00%0.00%0.36%1.94%0.16%0.00%
SPXL
Direxion Daily S&P 500 Bull 3X Shares
0.53%0.98%0.33%0.11%0.22%0.84%1.02%3.88%

Drawdowns

DUST vs. SPXL - Drawdown Comparison

The maximum DUST drawdown since its inception was -100.00%, which is greater than SPXL's maximum drawdown of -76.86%. Use the drawdown chart below to compare losses from any high point for DUST and SPXL. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-99.99%
-8.08%
DUST
SPXL

Volatility

DUST vs. SPXL - Volatility Comparison

Direxion Daily Gold Miners Bear 2X Shares (DUST) has a higher volatility of 19.16% compared to Direxion Daily S&P 500 Bull 3X Shares (SPXL) at 11.49%. This indicates that DUST's price experiences larger fluctuations and is considered to be riskier than SPXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
19.16%
11.49%
DUST
SPXL
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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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