SCYB vs. DXKSX
Compare and contrast key facts about Schwab High Yield Bond ETF (SCYB) and Direxion Monthly 7-10 Year Treasury Bear 1.75X Fund (DXKSX).
SCYB is a passively managed fund by Charles Schwab that tracks the performance of the ICE BofA US Cash Pay High Yield Constrained Index. It was launched on Jul 10, 2023. DXKSX is managed by Direxion. It was launched on May 17, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SCYB or DXKSX.
Correlation
The correlation between SCYB and DXKSX is -0.65. 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.
Performance
SCYB vs. DXKSX - Performance Comparison
Key characteristics
SCYB:
2.98
DXKSX:
0.67
SCYB:
4.61
DXKSX:
1.04
SCYB:
1.59
DXKSX:
1.12
SCYB:
6.97
DXKSX:
0.10
SCYB:
25.01
DXKSX:
1.51
SCYB:
0.49%
DXKSX:
5.00%
SCYB:
4.13%
DXKSX:
11.25%
SCYB:
-3.57%
DXKSX:
-95.56%
SCYB:
-0.19%
DXKSX:
-73.04%
Returns By Period
In the year-to-date period, SCYB achieves a 1.62% return, which is significantly higher than DXKSX's -0.03% return.
SCYB
1.62%
0.73%
4.37%
12.45%
N/A
N/A
DXKSX
-0.03%
-0.63%
11.84%
6.96%
7.67%
0.27%
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SCYB vs. DXKSX - Expense Ratio Comparison
SCYB has a 0.03% expense ratio, which is lower than DXKSX's 1.35% expense ratio.
Risk-Adjusted Performance
SCYB vs. DXKSX — Risk-Adjusted Performance Rank
SCYB
DXKSX
SCYB vs. DXKSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab High Yield Bond ETF (SCYB) and Direxion Monthly 7-10 Year Treasury Bear 1.75X Fund (DXKSX). 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
SCYB vs. DXKSX - Dividend Comparison
SCYB's dividend yield for the trailing twelve months is around 8.37%, less than DXKSX's 9.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
SCYB Schwab High Yield Bond ETF | 8.37% | 8.80% | 4.75% | 0.00% | 0.00% | 0.00% | 0.00% |
DXKSX Direxion Monthly 7-10 Year Treasury Bear 1.75X Fund | 9.45% | 9.44% | 8.98% | 0.00% | 0.00% | 0.00% | 1.26% |
Drawdowns
SCYB vs. DXKSX - Drawdown Comparison
The maximum SCYB drawdown since its inception was -3.57%, smaller than the maximum DXKSX drawdown of -95.56%. Use the drawdown chart below to compare losses from any high point for SCYB and DXKSX. For additional features, visit the drawdowns tool.
Volatility
SCYB vs. DXKSX - Volatility Comparison
The current volatility for Schwab High Yield Bond ETF (SCYB) is 0.89%, while Direxion Monthly 7-10 Year Treasury Bear 1.75X Fund (DXKSX) has a volatility of 3.05%. This indicates that SCYB experiences smaller price fluctuations and is considered to be less risky than DXKSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.