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ERY vs. DRIP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ERY and DRIP is 0.91, 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.


-0.50.00.51.00.9

Performance

ERY vs. DRIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Energy Bear 2X Shares (ERY) and Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP). The values are adjusted to include any dividend payments, if applicable.

-99.50%-99.00%-98.50%-98.00%-97.50%-97.00%JulyAugustSeptemberOctoberNovemberDecember
-96.89%
-99.36%
ERY
DRIP

Key characteristics

Sharpe Ratio

ERY:

0.03

DRIP:

0.29

Sortino Ratio

ERY:

0.31

DRIP:

0.76

Omega Ratio

ERY:

1.03

DRIP:

1.09

Calmar Ratio

ERY:

0.01

DRIP:

0.13

Martin Ratio

ERY:

0.05

DRIP:

0.65

Ulcer Index

ERY:

21.39%

DRIP:

20.04%

Daily Std Dev

ERY:

35.51%

DRIP:

44.81%

Max Drawdown

ERY:

-99.98%

DRIP:

-99.90%

Current Drawdown

ERY:

-99.98%

DRIP:

-99.84%

Returns By Period

In the year-to-date period, ERY achieves a -0.84% return, which is significantly lower than DRIP's 12.66% return.


ERY

YTD

-0.84%

1M

31.44%

6M

11.65%

1Y

1.79%

5Y*

-41.02%

10Y*

-29.69%

DRIP

YTD

12.66%

1M

31.60%

6M

22.89%

1Y

15.52%

5Y*

-51.64%

10Y*

N/A

Compare stocks, funds, or ETFs

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


ERY vs. DRIP - Expense Ratio Comparison

Both ERY and DRIP have an expense ratio of 1.07%.


ERY
Direxion Daily Energy Bear 2X Shares
Expense ratio chart for ERY: current value at 1.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.07%
Expense ratio chart for DRIP: current value at 1.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.07%

Risk-Adjusted Performance

ERY vs. DRIP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Energy Bear 2X Shares (ERY) and Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP). 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 ERY, currently valued at 0.03, compared to the broader market0.002.004.000.030.29
The chart of Sortino ratio for ERY, currently valued at 0.31, compared to the broader market-2.000.002.004.006.008.0010.000.310.76
The chart of Omega ratio for ERY, currently valued at 1.03, compared to the broader market0.501.001.502.002.503.001.031.09
The chart of Calmar ratio for ERY, currently valued at 0.01, compared to the broader market0.005.0010.0015.000.010.13
The chart of Martin ratio for ERY, currently valued at 0.05, compared to the broader market0.0020.0040.0060.0080.00100.000.050.65
ERY
DRIP

The current ERY Sharpe Ratio is 0.03, which is lower than the DRIP Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of ERY and DRIP, 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-1.00-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.03
0.29
ERY
DRIP

Dividends

ERY vs. DRIP - Dividend Comparison

ERY's dividend yield for the trailing twelve months is around 3.57%, less than DRIP's 3.65% yield.


TTM202320222021202020192018
ERY
Direxion Daily Energy Bear 2X Shares
3.57%4.14%0.32%0.00%0.43%1.50%0.56%
DRIP
Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares
3.65%5.09%0.00%0.00%0.01%0.96%0.58%

Drawdowns

ERY vs. DRIP - Drawdown Comparison

The maximum ERY drawdown since its inception was -99.98%, roughly equal to the maximum DRIP drawdown of -99.90%. Use the drawdown chart below to compare losses from any high point for ERY and DRIP. For additional features, visit the drawdowns tool.


-99.80%-99.60%-99.40%-99.20%-99.00%JulyAugustSeptemberOctoberNovemberDecember
-99.11%
-99.84%
ERY
DRIP

Volatility

ERY vs. DRIP - Volatility Comparison

The current volatility for Direxion Daily Energy Bear 2X Shares (ERY) is 9.26%, while Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP) has a volatility of 12.77%. This indicates that ERY experiences smaller price fluctuations and is considered to be less risky than DRIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


8.00%10.00%12.00%14.00%16.00%18.00%JulyAugustSeptemberOctoberNovemberDecember
9.26%
12.77%
ERY
DRIP
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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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