FTN.TO vs. DRIP

Last updated Jun 24, 2026

FTN.TO (Financial 15 Split Corp.) is a stock, while DRIP (Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares) is Leveraged Equities fund tracking the S&P Oil & Gas Exploration & Production Select Industry Index (-300%). Over the past 10 years, FTN.TO returned 16.36%/yr vs -41.49%/yr for DRIP. At a correlation of -0.33, they often move in opposite directions.

Performance

FTN.TO vs. DRIP - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Financial 15 Split Corp. (FTN.TO) and Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FTN.TO is traded in CAD, while DRIP is traded in USD. To make them comparable, the DRIP values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FTN.TO achieves a 40.34% return, which is significantly higher than DRIP's -39.21% return. Over the past 10 years, FTN.TO has outperformed DRIP with an annualized return of 16.36%, while DRIP has yielded a comparatively lower -41.49% annualized return.

FTN.TO

• 1D: -0.08%
• 1M: 12.12%
• YTD: 40.34%
• 6M: 40.71%
• 1Y: 166.68%
• 3Y*: 65.97%
• 5Y*: 39.18%
• 10Y*: 16.36%

DRIP

• 1D: -1.05%
• 1M: 22.22%
• YTD: -39.21%
• 6M: -39.31%
• 1Y: -41.28%
• 3Y*: -25.44%
• 5Y*: -36.96%
• 10Y*: -41.49%

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

FTN.TO vs. DRIP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTN.TO Financial 15 Split Corp.	40.34%	110.80%	50.39%	7.91%	-1.84%	41.37%	-41.43%	32.13%	-38.75%	15.08%
DRIP Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares	-39.21%	-18.70%	9.84%	-19.21%	-71.89%	-79.75%	-44.12%	-38.74%	62.20%	-15.21%

Correlation

The correlation between FTN.TO and DRIP is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	-0.15
Correlation (5Y) Calculated over the trailing 5-year period	-0.28
Correlation (10Y) Calculated over the trailing 10-year period	-0.33
Correlation (All Time) Calculated using the full available price history since May 29, 2015	-0.33

The correlation between FTN.TO and DRIP shifts across timeframes, from -0.33 (all time) to 0.10 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

FTN.TO vs. DRIP — Risk / Return Rank

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

FTN.TO

FTN.TO Risk / Return Rank: 98
FTN.TO Sharpe Ratio Rank: 98
FTN.TO Sortino Ratio Rank: 99
FTN.TO Omega Ratio Rank: 99
FTN.TO Calmar Ratio Rank: 98
FTN.TO Martin Ratio Rank: 99

DRIP

DRIP Risk / Return Rank: 3
DRIP Sharpe Ratio Rank: 3
DRIP Sortino Ratio Rank: 3
DRIP Omega Ratio Rank: 4
DRIP Calmar Ratio Rank: 3
DRIP Martin Ratio Rank: 3

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.

FTN.TO vs. DRIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Financial 15 Split Corp. (FTN.TO) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FTN.TO	DRIP	Difference
Sharpe ratio: Return per unit of total volatility	4.71	-0.72	+5.43
Sortino ratio: Return per unit of downside risk	5.68	-0.93	+6.61
Omega ratio: Gain probability vs. loss probability	2.16	0.90	+1.25
Calmar ratio: Return relative to maximum drawdown	10.10	-0.66	+10.75
Martin ratio: Return relative to average drawdown	39.13	-1.21	+40.34

FTN.TO vs. DRIP - Sharpe Ratio Comparison

The current FTN.TO Sharpe Ratio is 4.71, which is higher than the DRIP Sharpe Ratio of -0.72. The chart below compares the historical Sharpe Ratios of FTN.TO and DRIP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTN.TO vs. DRIP - Drawdown Comparison

The maximum FTN.TO drawdown since its inception was -85.95%, smaller than the maximum DRIP drawdown of -99.95%. Use the drawdown chart below to compare losses from any high point for FTN.TO and DRIP.

Drawdown Indicators

	FTN.TO	DRIP	Difference
Max Drawdown Largest peak-to-trough decline	-85.95%	-99.95%	+14.00%
Max Drawdown (1Y) Largest decline over 1 year	-16.61%	-61.91%	+45.30%
Max Drawdown (3Y) Largest decline over 3 years	-36.47%	-76.67%	+40.20%
Max Drawdown (5Y) Largest decline over 5 years	-36.47%	-95.90%	+59.43%
Max Drawdown (10Y) Largest decline over 10 years	-73.26%	-99.92%	+26.66%
Current Drawdown Current decline from peak	-0.08%	-99.93%	+99.85%
Average Drawdown Average peak-to-trough decline	-28.92%	-90.90%	+61.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.28%	33.60%	-29.32%

Volatility

FTN.TO vs. DRIP - Volatility Comparison

The current volatility for Financial 15 Split Corp. (FTN.TO) is 3.87%, while Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP) has a volatility of 17.89%. This indicates that FTN.TO 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.

Volatility by Period

	FTN.TO	DRIP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.87%	17.89%	-14.02%
Volatility (6M) Calculated over the trailing 6-month period	24.28%	43.62%	-19.34%
Volatility (1Y) Calculated over the trailing 1-year period	35.58%	57.09%	-21.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.94%	68.61%	-41.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.34%	97.37%	-61.03%

Dividends

FTN.TO vs. DRIP - Dividend Comparison

FTN.TO's dividend yield for the trailing twelve months is around 10.87%, more than DRIP's 3.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DRIP Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares	2.30%	2.86%	4.38%	5.09%	0.00%	0.00%	0.01%	0.96%	0.58%	0.00%	0.00%	0.00%
FTN.TO Financial 15 Split Corp.	10.87%	13.13%	21.73%	25.74%	21.73%	17.46%	6.72%	10.49%	12.58%	7.80%	8.32%	8.23%

Frequently Asked Questions

Can I hold both FTN.TO and DRIP in my portfolio?

FTN.TO and DRIP have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.