ERX vs. WTIU
Compare and contrast key facts about Direxion Daily Energy Bull 2X Shares (ERX) and MicroSectors Energy 3X Leveraged ETN (WTIU).
ERX and WTIU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ERX is a passively managed fund by Direxion that tracks the performance of the Energy Select Sector Index (300%). It was launched on Apr 1, 2020. WTIU is a passively managed fund by REX that tracks the performance of the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%). It was launched on Feb 16, 2023. Both ERX and WTIU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
ERX vs. WTIU - Performance Comparison
Loading graphics...
ERX vs. WTIU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ERX Direxion Daily Energy Bull 2X Shares | 85.42% | 2.79% | 1.09% | -12.82% |
WTIU MicroSectors Energy 3X Leveraged ETN | 141.86% | -17.13% | -29.63% | -28.42% |
Returns By Period
In the year-to-date period, ERX achieves a 85.42% return, which is significantly lower than WTIU's 141.86% return.
ERX
- 1D
- -2.61%
- 1M
- 20.58%
- YTD
- 85.42%
- 6M
- 84.60%
- 1Y
- 61.51%
- 3Y*
- 24.14%
- 5Y*
- 36.55%
- 10Y*
- -5.60%
WTIU
- 1D
- -5.22%
- 1M
- 43.87%
- YTD
- 141.86%
- 6M
- 115.33%
- 1Y
- 68.67%
- 3Y*
- 6.81%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ERX vs. WTIU - Expense Ratio Comparison
ERX has a 1.09% expense ratio, which is higher than WTIU's 0.95% expense ratio.
Return for Risk
ERX vs. WTIU — Risk / Return Rank
ERX
WTIU
ERX vs. WTIU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Energy Bull 2X Shares (ERX) and MicroSectors Energy 3X Leveraged ETN (WTIU). 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.
| ERX | WTIU | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.25 | 0.85 | +0.39 |
Sortino ratioReturn per unit of downside risk | 1.68 | 1.47 | +0.21 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.21 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.86 | 1.42 | +0.44 |
Martin ratioReturn relative to average drawdown | 3.79 | 2.65 | +1.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ERX | WTIU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 0.85 | +0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.08 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.08 | 0.00 | -0.09 |
Correlation
The correlation between ERX and WTIU is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
ERX vs. WTIU - Dividend Comparison
ERX's dividend yield for the trailing twelve months is around 1.45%, while WTIU has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ERX Direxion Daily Energy Bull 2X Shares | 1.45% | 2.54% | 2.94% | 3.17% | 2.23% | 2.16% | 2.35% | 1.56% | 3.10% | 0.85% |
WTIU MicroSectors Energy 3X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ERX vs. WTIU - Drawdown Comparison
The maximum ERX drawdown since its inception was -99.54%, which is greater than WTIU's maximum drawdown of -75.73%. Use the drawdown chart below to compare losses from any high point for ERX and WTIU.
Loading graphics...
Drawdown Indicators
| ERX | WTIU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.54% | -75.73% | -23.81% |
Max Drawdown (1Y)Largest decline over 1 year | -35.17% | -53.11% | +17.94% |
Max Drawdown (5Y)Largest decline over 5 years | -46.90% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -98.59% | — | — |
Current DrawdownCurrent decline from peak | -90.64% | -14.27% | -76.37% |
Average DrawdownAverage peak-to-trough decline | -66.77% | -39.51% | -27.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.25% | 28.50% | -11.25% |
Volatility
ERX vs. WTIU - Volatility Comparison
The current volatility for Direxion Daily Energy Bull 2X Shares (ERX) is 10.19%, while MicroSectors Energy 3X Leveraged ETN (WTIU) has a volatility of 17.75%. This indicates that ERX experiences smaller price fluctuations and is considered to be less risky than WTIU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ERX | WTIU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.19% | 17.75% | -7.56% |
Volatility (6M)Calculated over the trailing 6-month period | 28.10% | 44.75% | -16.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.61% | 80.86% | -31.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.12% | 69.25% | -17.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.23% | 69.25% | -0.02% |