FTN.TO vs. DRIP
Compare and contrast key facts about Financial 15 Split Corp. (FTN.TO) and Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP).
DRIP is a passively managed fund by Direxion that tracks the performance of the S&P Oil & Gas Exploration & Production Select Industry Index (-300%). It was launched on Apr 1, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTN.TO or DRIP.
Key characteristics
| FTN.TO | DRIP | |
|---|---|---|
| YTD Return | 37.79% | -9.02% |
| 1Y Return | 74.07% | -8.78% |
| 3Y Return (Ann) | 8.47% | -39.00% |
| 5Y Return (Ann) | 1.86% | -56.22% |
| Sharpe Ratio | 4.71 | -0.22 |
| Sortino Ratio | 5.98 | -0.02 |
| Omega Ratio | 1.93 | 1.00 |
| Calmar Ratio | 1.52 | -0.10 |
| Martin Ratio | 43.66 | -0.53 |
| Ulcer Index | 1.70% | 19.24% |
| Daily Std Dev | 15.74% | 45.10% |
| Max Drawdown | -84.76% | -99.90% |
| Current Drawdown | -10.87% | -99.87% |
Correlation
The correlation between FTN.TO and DRIP is -0.45. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FTN.TO vs. DRIP - Performance Comparison
In the year-to-date period, FTN.TO achieves a 37.79% return, which is significantly higher than DRIP's -9.02% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
FTN.TO vs. DRIP - Risk-Adjusted Performance 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.
Dividends
FTN.TO vs. DRIP - Dividend Comparison
FTN.TO's dividend yield for the trailing twelve months is around 16.40%, more than DRIP's 5.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTN.TO Financial 15 Split Corp. | 16.40% | 19.38% | 16.38% | 13.16% | 8.94% | 19.74% | 23.69% | 14.69% | 15.67% | 15.51% | 15.62% | 14.90% |
DRIP Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares | 5.43% | 5.09% | 0.00% | 0.00% | 0.01% | 0.96% | 0.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FTN.TO vs. DRIP - Drawdown Comparison
The maximum FTN.TO drawdown since its inception was -84.76%, smaller than the maximum DRIP drawdown of -99.90%. Use the drawdown chart below to compare losses from any high point for FTN.TO and DRIP. For additional features, visit the drawdowns tool.
Volatility
FTN.TO vs. DRIP - Volatility Comparison
The current volatility for Financial 15 Split Corp. (FTN.TO) is 5.53%, while Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP) has a volatility of 16.61%. 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.