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

Correlation

The correlation between EDZ and EDC is -0.74. 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
Correlation: -0.7

Performance

EDZ vs. EDC - Performance Comparison

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

-100.00%-90.00%-80.00%-70.00%-60.00%-50.00%NovemberDecember2025FebruaryMarchApril
-99.46%
-58.43%
EDZ
EDC

Key characteristics

Sharpe Ratio

EDZ:

-0.47

EDC:

0.07

Sortino Ratio

EDZ:

-0.35

EDC:

0.51

Omega Ratio

EDZ:

0.96

EDC:

1.07

Calmar Ratio

EDZ:

-0.27

EDC:

0.04

Martin Ratio

EDZ:

-1.29

EDC:

0.20

Ulcer Index

EDZ:

21.13%

EDC:

19.95%

Daily Std Dev

EDZ:

58.37%

EDC:

57.71%

Max Drawdown

EDZ:

-99.69%

EDC:

-92.54%

Current Drawdown

EDZ:

-99.64%

EDC:

-88.93%

Returns By Period

In the year-to-date period, EDZ achieves a -15.38% return, which is significantly lower than EDC's 1.49% return. Over the past 10 years, EDZ has underperformed EDC with an annualized return of -23.43%, while EDC has yielded a comparatively higher -12.59% annualized return.


EDZ

YTD

-15.38%

1M

0.13%

6M

1.33%

1Y

-26.26%

5Y*

-27.24%

10Y*

-23.43%

EDC

YTD

1.49%

1M

-11.05%

6M

-17.93%

1Y

2.58%

5Y*

-0.60%

10Y*

-12.59%

*Annualized

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EDZ vs. EDC - Expense Ratio Comparison

EDZ has a 1.08% expense ratio, which is lower than EDC's 1.33% expense ratio.


Expense ratio chart for EDC: current value is 1.33%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EDC: 1.33%
Expense ratio chart for EDZ: current value is 1.08%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EDZ: 1.08%

Risk-Adjusted Performance

EDZ vs. EDC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EDZ
The Risk-Adjusted Performance Rank of EDZ is 66
Overall Rank
The Sharpe Ratio Rank of EDZ is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of EDZ is 77
Sortino Ratio Rank
The Omega Ratio Rank of EDZ is 77
Omega Ratio Rank
The Calmar Ratio Rank of EDZ is 77
Calmar Ratio Rank
The Martin Ratio Rank of EDZ is 33
Martin Ratio Rank

EDC
The Risk-Adjusted Performance Rank of EDC is 2929
Overall Rank
The Sharpe Ratio Rank of EDC is 2323
Sharpe Ratio Rank
The Sortino Ratio Rank of EDC is 3939
Sortino Ratio Rank
The Omega Ratio Rank of EDC is 3737
Omega Ratio Rank
The Calmar Ratio Rank of EDC is 2323
Calmar Ratio Rank
The Martin Ratio Rank of EDC is 2323
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

EDZ vs. EDC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Emerging Markets Bear 3X Shares (EDZ) and Direxion Daily Emerging Markets Bull 3X Shares (EDC). 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.


The chart of Sharpe ratio for EDZ, currently valued at -0.47, compared to the broader market-1.000.001.002.003.004.00
EDZ: -0.47
EDC: 0.07
The chart of Sortino ratio for EDZ, currently valued at -0.35, compared to the broader market-2.000.002.004.006.008.00
EDZ: -0.35
EDC: 0.51
The chart of Omega ratio for EDZ, currently valued at 0.96, compared to the broader market0.501.001.502.002.50
EDZ: 0.96
EDC: 1.07
The chart of Calmar ratio for EDZ, currently valued at -0.27, compared to the broader market0.002.004.006.008.0010.0012.00
EDZ: -0.27
EDC: 0.04
The chart of Martin ratio for EDZ, currently valued at -1.29, compared to the broader market0.0020.0040.0060.00
EDZ: -1.29
EDC: 0.20

The current EDZ Sharpe Ratio is -0.47, which is lower than the EDC Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of EDZ and EDC, 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-1.00-0.500.000.501.001.50NovemberDecember2025FebruaryMarchApril
-0.47
0.07
EDZ
EDC

Dividends

EDZ vs. EDC - Dividend Comparison

EDZ's dividend yield for the trailing twelve months is around 4.82%, more than EDC's 3.82% yield.


TTM20242023202220212020201920182017
EDZ
Direxion Daily Emerging Markets Bear 3X Shares
4.82%4.87%4.33%0.00%0.00%0.82%1.67%0.68%0.00%
EDC
Direxion Daily Emerging Markets Bull 3X Shares
3.82%3.94%3.54%0.00%0.18%0.44%0.97%0.78%0.25%

Drawdowns

EDZ vs. EDC - Drawdown Comparison

The maximum EDZ drawdown since its inception was -99.69%, which is greater than EDC's maximum drawdown of -92.54%. Use the drawdown chart below to compare losses from any high point for EDZ and EDC. For additional features, visit the drawdowns tool.


-100.00%-98.00%-96.00%-94.00%-92.00%-90.00%-88.00%-86.00%NovemberDecember2025FebruaryMarchApril
-99.64%
-88.93%
EDZ
EDC

Volatility

EDZ vs. EDC - Volatility Comparison

Direxion Daily Emerging Markets Bear 3X Shares (EDZ) has a higher volatility of 35.69% compared to Direxion Daily Emerging Markets Bull 3X Shares (EDC) at 33.56%. This indicates that EDZ's price experiences larger fluctuations and is considered to be riskier than EDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%35.00%NovemberDecember2025FebruaryMarchApril
35.69%
33.56%
EDZ
EDC