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EDC vs. VYM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EDC and VYM is 0.68, 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.


-0.50.00.51.00.7

Performance

EDC vs. VYM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Emerging Markets Bull 3X Shares (EDC) and Vanguard High Dividend Yield ETF (VYM). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%400.00%500.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
-57.55%
527.70%
EDC
VYM

Key characteristics

Sharpe Ratio

EDC:

0.27

VYM:

1.80

Sortino Ratio

EDC:

0.71

VYM:

2.54

Omega Ratio

EDC:

1.09

VYM:

1.33

Calmar Ratio

EDC:

0.14

VYM:

3.24

Martin Ratio

EDC:

1.02

VYM:

10.75

Ulcer Index

EDC:

12.76%

VYM:

1.80%

Daily Std Dev

EDC:

47.41%

VYM:

10.78%

Max Drawdown

EDC:

-92.54%

VYM:

-56.98%

Current Drawdown

EDC:

-88.70%

VYM:

-4.93%

Returns By Period

In the year-to-date period, EDC achieves a 1.55% return, which is significantly lower than VYM's 17.16% return. Over the past 10 years, EDC has underperformed VYM with an annualized return of -9.51%, while VYM has yielded a comparatively higher 9.60% annualized return.


EDC

YTD

1.55%

1M

-3.79%

6M

-8.27%

1Y

6.56%

5Y*

-18.02%

10Y*

-9.51%

VYM

YTD

17.16%

1M

-3.32%

6M

8.47%

1Y

17.88%

5Y*

9.71%

10Y*

9.60%

Compare stocks, funds, or ETFs

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


EDC vs. VYM - Expense Ratio Comparison

EDC has a 1.33% expense ratio, which is higher than VYM's 0.06% expense ratio.


EDC
Direxion Daily Emerging Markets Bull 3X Shares
Expense ratio chart for EDC: current value at 1.33% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.33%
Expense ratio chart for VYM: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

EDC vs. VYM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Emerging Markets Bull 3X Shares (EDC) and Vanguard High Dividend Yield ETF (VYM). 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 EDC, currently valued at 0.27, compared to the broader market0.002.004.000.271.80
The chart of Sortino ratio for EDC, currently valued at 0.71, compared to the broader market-2.000.002.004.006.008.0010.000.712.54
The chart of Omega ratio for EDC, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.001.091.33
The chart of Calmar ratio for EDC, currently valued at 0.14, compared to the broader market0.005.0010.0015.000.143.24
The chart of Martin ratio for EDC, currently valued at 1.02, compared to the broader market0.0020.0040.0060.0080.00100.001.0210.75
EDC
VYM

The current EDC Sharpe Ratio is 0.27, which is lower than the VYM Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of EDC and VYM, 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 Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.27
1.80
EDC
VYM

Dividends

EDC vs. VYM - Dividend Comparison

EDC's dividend yield for the trailing twelve months is around 3.37%, more than VYM's 2.75% yield.


TTM20232022202120202019201820172016201520142013
EDC
Direxion Daily Emerging Markets Bull 3X Shares
3.37%3.54%0.00%0.18%0.44%0.97%0.78%0.25%0.00%0.00%0.00%0.00%
VYM
Vanguard High Dividend Yield ETF
2.75%3.12%3.01%2.76%3.18%3.03%3.40%2.80%2.91%3.22%2.78%2.81%

Drawdowns

EDC vs. VYM - Drawdown Comparison

The maximum EDC drawdown since its inception was -92.54%, which is greater than VYM's maximum drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for EDC and VYM. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-88.70%
-4.93%
EDC
VYM

Volatility

EDC vs. VYM - Volatility Comparison

Direxion Daily Emerging Markets Bull 3X Shares (EDC) has a higher volatility of 11.88% compared to Vanguard High Dividend Yield ETF (VYM) at 3.96%. This indicates that EDC's price experiences larger fluctuations and is considered to be riskier than VYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
11.88%
3.96%
EDC
VYM
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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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