ELIS vs. CORD

Last updated Jun 4, 2026

ELIS (Direxion Daily LLY Bear 1X Shares) and CORD (T-Rex 2X Inverse CRWV Daily Target ETF) are both Inverse Equities funds. Both are actively managed. At a correlation of -0.00, they often move in opposite directions. ELIS charges 0.97%/yr vs 1.50%/yr for CORD.

Performance

ELIS vs. CORD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily LLY Bear 1X Shares (ELIS) and T-Rex 2X Inverse CRWV Daily Target ETF (CORD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ELIS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CORD

• 1D: 14.09%
• 1M: 3.13%
• YTD: -87.59%
• 6M: -88.97%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ELIS vs. CORD - Yearly Performance Comparison

	2026 (YTD)	2025
ELIS Direxion Daily LLY Bear 1X Shares	11.37%	-33.12%
CORD T-Rex 2X Inverse CRWV Daily Target ETF	-87.59%	44.68%

Correlation

The correlation between ELIS and CORD is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 29, 2025	-0.00

Return for Risk

ELIS vs. CORD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily LLY Bear 1X Shares (ELIS) and T-Rex 2X Inverse CRWV Daily Target ETF (CORD). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ELIS	CORD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.49	—

Drawdowns

Drawdown Indicators

	ELIS	CORD	Difference
Max Drawdown Largest peak-to-trough decline	—	-93.69%	—
Current Drawdown Current decline from peak	—	-91.90%	—
Average Drawdown Average peak-to-trough decline	—	-56.33%	—

Volatility

Volatility by Period

	ELIS	CORD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	187.84%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	187.84%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	187.84%	—

ELIS vs. CORD - Expense Ratio Comparison

ELIS has a 0.97% expense ratio, which is lower than CORD's 1.50% expense ratio.

Dividends

ELIS vs. CORD - Dividend Comparison

ELIS's dividend yield for the trailing twelve months is around 5.26%, while CORD has not paid dividends to shareholders.

Position	TTM	2025
CORD T-Rex 2X Inverse CRWV Daily Target ETF	0.00%	0.00%
ELIS Direxion Daily LLY Bear 1X Shares	5.26%	5.86%

Frequently Asked Questions

Can I hold both ELIS and CORD in my portfolio?

ELIS and CORD have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ELIS or CORD?

On fees, ELIS is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ELIS or CORD?

ELIS is cheaper with a 0.97% expense ratio, compared with 1.50% for CORD.

Which ETF pays a higher dividend yield, ELIS or CORD?

ELIS has the higher dividend yield at 5.26%, compared with 0.00% for CORD.

What is the main difference between ELIS and CORD?

They also come from different issuers: Direxion and Tuttle Capital Management. Their fees differ too: 0.97% for ELIS and 1.50% for CORD.