EDZ vs. AMAT
Compare and contrast key facts about Direxion Daily Emerging Markets Bear 3X Shares (EDZ) and Applied Materials, Inc. (AMAT).
EDZ is a passively managed fund by Direxion that tracks the performance of the MSCI Emerging Markets Index (-300%). It was launched on Dec 17, 2008.
Performance
EDZ vs. AMAT - Performance Comparison
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EDZ vs. AMAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EDZ Direxion Daily Emerging Markets Bear 3X Shares | -16.24% | -59.30% | -12.71% | -20.28% | 49.27% | -8.69% | -68.79% | -43.01% | 32.87% | -64.12% |
AMAT Applied Materials, Inc. | 33.16% | 59.60% | 1.13% | 67.97% | -37.54% | 83.64% | 43.29% | 89.86% | -34.92% | 59.86% |
Returns By Period
In the year-to-date period, EDZ achieves a -16.24% return, which is significantly lower than AMAT's 33.16% return. Over the past 10 years, EDZ has underperformed AMAT with an annualized return of -32.46%, while AMAT has yielded a comparatively higher 33.40% annualized return.
EDZ
- 1D
- -10.95%
- 1M
- 26.71%
- YTD
- -16.24%
- 6M
- -25.08%
- 1Y
- -61.49%
- 3Y*
- -35.39%
- 5Y*
- -16.80%
- 10Y*
- -32.46%
AMAT
- 1D
- 5.78%
- 1M
- -8.20%
- YTD
- 33.16%
- 6M
- 67.47%
- 1Y
- 137.63%
- 3Y*
- 41.87%
- 5Y*
- 20.31%
- 10Y*
- 33.40%
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Return for Risk
EDZ vs. AMAT — Risk / Return Rank
EDZ
AMAT
EDZ vs. AMAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Emerging Markets Bear 3X Shares (EDZ) and Applied Materials, Inc. (AMAT). 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.
| EDZ | AMAT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -1.02 | 2.82 | -3.83 |
Sortino ratioReturn per unit of downside risk | -1.74 | 3.05 | -4.79 |
Omega ratioGain probability vs. loss probability | 0.79 | 1.43 | -0.64 |
Calmar ratioReturn relative to maximum drawdown | -0.77 | 6.44 | -7.22 |
Martin ratioReturn relative to average drawdown | -1.01 | 17.96 | -18.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EDZ | AMAT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.02 | 2.82 | -3.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.30 | 0.47 | -0.78 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.54 | 0.79 | -1.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.58 | 0.41 | -0.98 |
Correlation
The correlation between EDZ and AMAT is -0.57. 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.
Dividends
EDZ vs. AMAT - Dividend Comparison
EDZ's dividend yield for the trailing twelve months is around 5.27%, more than AMAT's 0.54% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDZ Direxion Daily Emerging Markets Bear 3X Shares | 5.27% | 6.58% | 4.87% | 4.34% | 0.00% | 0.00% | 0.82% | 1.67% | 0.68% | 0.00% | 0.00% | 0.00% |
AMAT Applied Materials, Inc. | 0.54% | 0.69% | 0.93% | 0.75% | 1.05% | 0.60% | 1.01% | 1.36% | 2.14% | 0.78% | 1.24% | 2.14% |
Drawdowns
EDZ vs. AMAT - Drawdown Comparison
The maximum EDZ drawdown since its inception was -99.99%, which is greater than AMAT's maximum drawdown of -85.22%. Use the drawdown chart below to compare losses from any high point for EDZ and AMAT.
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Drawdown Indicators
| EDZ | AMAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.99% | -85.22% | -14.77% |
Max Drawdown (1Y)Largest decline over 1 year | -79.29% | -21.37% | -57.92% |
Max Drawdown (5Y)Largest decline over 5 years | -87.98% | -55.14% | -32.84% |
Max Drawdown (10Y)Largest decline over 10 years | -98.73% | -55.14% | -43.59% |
Current DrawdownCurrent decline from peak | -99.99% | -13.46% | -86.53% |
Average DrawdownAverage peak-to-trough decline | -97.71% | -38.96% | -58.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 60.30% | 7.67% | +52.63% |
Volatility
EDZ vs. AMAT - Volatility Comparison
Direxion Daily Emerging Markets Bear 3X Shares (EDZ) has a higher volatility of 31.12% compared to Applied Materials, Inc. (AMAT) at 17.09%. This indicates that EDZ's price experiences larger fluctuations and is considered to be riskier than AMAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDZ | AMAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.12% | 17.09% | +14.03% |
Volatility (6M)Calculated over the trailing 6-month period | 44.41% | 34.94% | +9.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.73% | 49.10% | +11.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.63% | 43.28% | +12.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.46% | 42.40% | +18.06% |