GFGF vs. NFXS

Last updated Jun 25, 2026

GFGF (Guru Favorite Stocks ETF) and NFXS (Direxion Daily NFLX Bear 1X Shares) are both exchange-traded funds - GFGF is a Large Cap Blend Equities fund actively managed by GuruFocus, while NFXS is a Inverse Equities fund actively managed by Direxion. Both are actively managed. Over the past year, GFGF returned 6.98% vs 69.91% for NFXS. At a correlation of -0.34, they often move in opposite directions. GFGF charges 0.65%/yr vs 1.03%/yr for NFXS.

Performance

GFGF vs. NFXS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Guru Favorite Stocks ETF (GFGF) and Direxion Daily NFLX Bear 1X Shares (NFXS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GFGF achieves a -1.91% return, which is significantly lower than NFXS's 26.00% return.

GFGF

• 1D: 0.03%
• 1M: -2.18%
• YTD: -1.91%
• 6M: -2.58%
• 1Y: 6.98%
• 3Y*: 16.16%
• 5Y*: —
• 10Y*: —

NFXS

• 1D: 1.44%
• 1M: 23.02%
• YTD: 26.00%
• 6M: 25.81%
• 1Y: 69.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GFGF vs. NFXS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GFGF Guru Favorite Stocks ETF	-1.91%	13.11%	4.37%
NFXS Direxion Daily NFLX Bear 1X Shares	26.00%	-8.56%	-21.49%

Correlation

The correlation between GFGF and NFXS is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.23
Correlation (All Time) Calculated using the full available price history since Oct 3, 2024	-0.34

The correlation between GFGF and NFXS shifts across timeframes, from -0.34 (all time) to -0.23 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

GFGF vs. NFXS — Risk / Return Rank

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

GFGF

GFGF Risk / Return Rank: 17
GFGF Sharpe Ratio Rank: 18
GFGF Sortino Ratio Rank: 16
GFGF Omega Ratio Rank: 17
GFGF Calmar Ratio Rank: 15
GFGF Martin Ratio Rank: 17

NFXS

NFXS Risk / Return Rank: 63
NFXS Sharpe Ratio Rank: 75
NFXS Sortino Ratio Rank: 69
NFXS Omega Ratio Rank: 76
NFXS Calmar Ratio Rank: 52
NFXS Martin Ratio Rank: 43

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.

GFGF vs. NFXS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Guru Favorite Stocks ETF (GFGF) and Direxion Daily NFLX Bear 1X Shares (NFXS). 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.

	GFGF	NFXS	Difference
Sharpe ratio: Return per unit of total volatility	0.56	2.08	-1.53
Sortino ratio: Return per unit of downside risk	0.84	2.72	-1.87
Omega ratio: Gain probability vs. loss probability	1.10	1.39	-0.29
Calmar ratio: Return relative to maximum drawdown	0.46	2.24	-1.78
Martin ratio: Return relative to average drawdown	1.56	6.13	-4.57

GFGF vs. NFXS - Sharpe Ratio Comparison

The current GFGF Sharpe Ratio is 0.56, which is lower than the NFXS Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of GFGF and NFXS, 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

GFGF vs. NFXS - Drawdown Comparison

The maximum GFGF drawdown since its inception was -27.98%, smaller than the maximum NFXS drawdown of -50.37%. Use the drawdown chart below to compare losses from any high point for GFGF and NFXS.

Drawdown Indicators

	GFGF	NFXS	Difference
Max Drawdown Largest peak-to-trough decline	-27.98%	-50.37%	+22.39%
Max Drawdown (1Y) Largest decline over 1 year	-15.22%	-31.31%	+16.09%
Max Drawdown (3Y) Largest decline over 3 years	-15.60%	—	—
Current Drawdown Current decline from peak	-3.85%	-11.63%	+7.78%
Average Drawdown Average peak-to-trough decline	-8.20%	-31.89%	+23.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.47%	11.44%	-6.97%

Volatility

GFGF vs. NFXS - Volatility Comparison

The current volatility for Guru Favorite Stocks ETF (GFGF) is 4.01%, while Direxion Daily NFLX Bear 1X Shares (NFXS) has a volatility of 7.76%. This indicates that GFGF experiences smaller price fluctuations and is considered to be less risky than NFXS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GFGF	NFXS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.01%	7.76%	-3.75%
Volatility (6M) Calculated over the trailing 6-month period	9.92%	26.25%	-16.33%
Volatility (1Y) Calculated over the trailing 1-year period	12.72%	33.78%	-21.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.04%	34.63%	-15.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.04%	34.63%	-15.59%

GFGF vs. NFXS - Expense Ratio Comparison

GFGF has a 0.65% expense ratio, which is lower than NFXS's 1.03% expense ratio.

Dividends

GFGF vs. NFXS - Dividend Comparison

GFGF's dividend yield for the trailing twelve months is around 0.22%, less than NFXS's 2.81% yield.

Position	TTM	2025	2024	2023	2022	2021
GFGF Guru Favorite Stocks ETF	0.22%	0.21%	0.10%	0.08%	0.42%	0.01%
NFXS Direxion Daily NFLX Bear 1X Shares	2.81%	3.53%	0.87%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GFGF and NFXS in my portfolio?

GFGF and NFXS have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GFGF or NFXS?

NFXS has higher volatility (7.76%) compared to GFGF (4.01%). In terms of maximum drawdown, GFGF dropped -27.98% vs NFXS's -50.37%.

Which ETF is better, GFGF or NFXS?

On 1-year performance, NFXS leads with 69.91% vs 6.98% for GFGF. On fees, GFGF is cheaper at 0.65% per year. On volatility, GFGF has been the lower-risk option at 4.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GFGF or NFXS?

Over the 1-year period, NFXS has performed better with a 69.91% return vs 6.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GFGF or NFXS?

GFGF is cheaper with a 0.65% expense ratio, compared with 1.03% for NFXS.

Which ETF pays a higher dividend yield, GFGF or NFXS?

NFXS has the higher dividend yield at 2.81%, compared with 0.22% for GFGF.

What is the main difference between GFGF and NFXS?

GFGF is categorized as Large Cap Blend Equities, while NFXS is Inverse Equities. They also come from different issuers: GuruFocus and Direxion. Their fees differ too: 0.65% for GFGF and 1.03% for NFXS.

Which has better risk-adjusted returns?

NFXS currently has the higher Sharpe Ratio (2.08 vs 0.56), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.