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FLYU vs. GUSH
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FLYU vs. GUSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Travel 3X Leveraged ETNs (FLYU) and Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH). The values are adjusted to include any dividend payments, if applicable.

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FLYU vs. GUSH - Yearly Performance Comparison


2026 (YTD)2025202420232022
FLYU
MicroSectors Travel 3X Leveraged ETNs
-36.34%-2.29%33.00%111.16%-17.79%
GUSH
Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares
87.03%-19.39%-12.73%-7.23%5.45%

Returns By Period

In the year-to-date period, FLYU achieves a -36.34% return, which is significantly lower than GUSH's 87.03% return.


FLYU

1D
3.74%
1M
-14.51%
YTD
-36.34%
6M
-33.82%
1Y
-1.88%
3Y*
4.38%
5Y*
10Y*

GUSH

1D
-7.69%
1M
19.66%
YTD
87.03%
6M
61.77%
1Y
53.22%
3Y*
12.65%
5Y*
17.99%
10Y*
-32.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FLYU vs. GUSH - Expense Ratio Comparison

FLYU has a 0.95% expense ratio, which is lower than GUSH's 1.17% expense ratio.


Return for Risk

FLYU vs. GUSH — Risk / Return Rank

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

FLYU
FLYU Risk / Return Rank: 1515
Overall Rank
FLYU Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
FLYU Sortino Ratio Rank: 2121
Sortino Ratio Rank
FLYU Omega Ratio Rank: 2121
Omega Ratio Rank
FLYU Calmar Ratio Rank: 1111
Calmar Ratio Rank
FLYU Martin Ratio Rank: 1111
Martin Ratio Rank

GUSH
GUSH Risk / Return Rank: 4343
Overall Rank
GUSH Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
GUSH Sortino Ratio Rank: 4848
Sortino Ratio Rank
GUSH Omega Ratio Rank: 4848
Omega Ratio Rank
GUSH Calmar Ratio Rank: 4646
Calmar Ratio Rank
GUSH Martin Ratio Rank: 3434
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLYU vs. GUSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Travel 3X Leveraged ETNs (FLYU) and Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH). 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.


FLYUGUSHDifference

Sharpe ratio

Return per unit of total volatility

-0.02

0.79

-0.81

Sortino ratio

Return per unit of downside risk

0.66

1.35

-0.69

Omega ratio

Gain probability vs. loss probability

1.08

1.19

-0.11

Calmar ratio

Return relative to maximum drawdown

-0.04

1.26

-1.31

Martin ratio

Return relative to average drawdown

-0.11

3.14

-3.25

FLYU vs. GUSH - Sharpe Ratio Comparison

The current FLYU Sharpe Ratio is -0.02, which is lower than the GUSH Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of FLYU and GUSH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FLYUGUSHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.02

0.79

-0.81

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.26

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.35

Sharpe Ratio (All Time)

Calculated using the full available price history

0.12

-0.43

+0.56

Correlation

The correlation between FLYU and GUSH is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

FLYU vs. GUSH - Dividend Comparison

FLYU has not paid dividends to shareholders, while GUSH's dividend yield for the trailing twelve months is around 1.33%.


TTM2025202420232022202120202019201820172016
FLYU
MicroSectors Travel 3X Leveraged ETNs
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
GUSH
Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares
1.33%2.60%2.96%3.00%0.47%0.00%0.20%1.68%0.17%0.00%3.26%

Drawdowns

FLYU vs. GUSH - Drawdown Comparison

The maximum FLYU drawdown since its inception was -69.00%, smaller than the maximum GUSH drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for FLYU and GUSH.


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Drawdown Indicators


FLYUGUSHDifference

Max Drawdown

Largest peak-to-trough decline

-69.00%

-99.98%

+30.98%

Max Drawdown (1Y)

Largest decline over 1 year

-52.33%

-43.67%

-8.66%

Max Drawdown (5Y)

Largest decline over 5 years

-73.64%

Max Drawdown (10Y)

Largest decline over 10 years

-99.94%

Current Drawdown

Current decline from peak

-49.50%

-99.77%

+50.27%

Average Drawdown

Average peak-to-trough decline

-25.81%

-92.81%

+67.00%

Ulcer Index

Depth and duration of drawdowns from previous peaks

21.34%

17.57%

+3.77%

Volatility

FLYU vs. GUSH - Volatility Comparison

MicroSectors Travel 3X Leveraged ETNs (FLYU) has a higher volatility of 26.58% compared to Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH) at 16.69%. This indicates that FLYU's price experiences larger fluctuations and is considered to be riskier than GUSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FLYUGUSHDifference

Volatility (1M)

Calculated over the trailing 1-month period

26.58%

16.69%

+9.89%

Volatility (6M)

Calculated over the trailing 6-month period

54.62%

39.24%

+15.38%

Volatility (1Y)

Calculated over the trailing 1-year period

92.66%

67.59%

+25.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

82.98%

68.73%

+14.25%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

82.98%

94.30%

-11.32%