GUSH vs. COST

Last updated Jun 24, 2026

GUSH (Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares) is Leveraged Equities fund tracking the S&P Oil & Gas Exploration & Production Select Industry Index (300%), while COST (Costco Wholesale Corporation) is a stock. Over the past 10 years, GUSH returned -37.01%/yr vs 21.98%/yr for COST. At a 0.14 correlation, their price movements are largely independent.

Performance

GUSH vs. COST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH) and Costco Wholesale Corporation (COST). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GUSH achieves a 42.54% return, which is significantly higher than COST's 11.37% return. Over the past 10 years, GUSH has underperformed COST with an annualized return of -37.01%, while COST has yielded a comparatively higher 21.98% annualized return.

GUSH

• 1D: -0.22%
• 1M: -19.15%
• YTD: 42.54%
• 6M: 41.51%
• 1Y: 31.85%
• 3Y*: 6.88%
• 5Y*: 6.25%
• 10Y*: -37.01%

COST

• 1D: 0.67%
• 1M: -6.86%
• YTD: 11.37%
• 6M: 12.35%
• 1Y: -4.12%
• 3Y*: 23.87%
• 5Y*: 20.85%
• 10Y*: 21.98%

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

GUSH vs. COST - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GUSH Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares	42.54%	-19.39%	-12.73%	-7.23%	66.47%	129.94%	-97.38%	-52.68%	-74.28%	-40.21%
COST Costco Wholesale Corporation	11.37%	-5.39%	39.62%	49.00%	-19.05%	51.82%	32.67%	45.70%	10.60%	22.37%

Correlation

The correlation between GUSH and COST is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since May 29, 2015	0.14

The correlation between GUSH and COST shifts across timeframes, from -0.03 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GUSH vs. COST — Risk / Return Rank

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

GUSH

GUSH Risk / Return Rank: 20
GUSH Sharpe Ratio Rank: 18
GUSH Sortino Ratio Rank: 20
GUSH Omega Ratio Rank: 20
GUSH Calmar Ratio Rank: 21
GUSH Martin Ratio Rank: 20

COST

COST Risk / Return Rank: 31
COST Sharpe Ratio Rank: 34
COST Sortino Ratio Rank: 27
COST Omega Ratio Rank: 28
COST Calmar Ratio Rank: 34
COST Martin Ratio Rank: 31

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.

GUSH vs. COST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH) and Costco Wholesale Corporation (COST). 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.

	GUSH	COST	Difference
Sharpe ratio: Return per unit of total volatility	0.57	-0.22	+0.79
Sortino ratio: Return per unit of downside risk	1.08	-0.18	+1.26
Omega ratio: Gain probability vs. loss probability	1.13	0.98	+0.15
Calmar ratio: Return relative to maximum drawdown	0.88	-0.28	+1.16
Martin ratio: Return relative to average drawdown	2.32	-0.61	+2.93

GUSH vs. COST - Sharpe Ratio Comparison

The current GUSH Sharpe Ratio is 0.57, which is higher than the COST Sharpe Ratio of -0.22. The chart below compares the historical Sharpe Ratios of GUSH and COST, 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

GUSH vs. COST - Drawdown Comparison

The maximum GUSH drawdown since its inception was -99.98%, which is greater than COST's maximum drawdown of -53.39%. Use the drawdown chart below to compare losses from any high point for GUSH and COST.

Drawdown Indicators

	GUSH	COST	Difference
Max Drawdown Largest peak-to-trough decline	-99.98%	-53.39%	-46.59%
Max Drawdown (1Y) Largest decline over 1 year	-36.18%	-14.93%	-21.25%
Max Drawdown (3Y) Largest decline over 3 years	-63.59%	-20.74%	-42.85%
Max Drawdown (5Y) Largest decline over 5 years	-73.64%	-31.40%	-42.24%
Max Drawdown (10Y) Largest decline over 10 years	-99.94%	-31.40%	-68.54%
Current Drawdown Current decline from peak	-99.83%	-12.49%	-87.34%
Average Drawdown Average peak-to-trough decline	-92.92%	-13.36%	-79.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.77%	6.90%	+6.87%

Volatility

GUSH vs. COST - Volatility Comparison

Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH) has a higher volatility of 18.01% compared to Costco Wholesale Corporation (COST) at 6.38%. This indicates that GUSH's price experiences larger fluctuations and is considered to be riskier than COST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GUSH	COST	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.01%	6.38%	+11.63%
Volatility (6M) Calculated over the trailing 6-month period	44.07%	14.49%	+29.58%
Volatility (1Y) Calculated over the trailing 1-year period	56.58%	18.93%	+37.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.20%	22.73%	+45.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.43%	21.97%	+71.46%

Dividends

GUSH vs. COST - Dividend Comparison

GUSH's dividend yield for the trailing twelve months is around 1.75%, more than COST's 0.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COST Costco Wholesale Corporation	0.56%	0.59%	0.49%	2.87%	0.76%	0.54%	3.38%	0.86%	1.08%	4.81%	1.09%	4.06%
GUSH Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares	1.75%	2.60%	2.96%	3.00%	0.47%	0.00%	0.20%	1.68%	0.17%	0.00%	3.26%	0.00%

Frequently Asked Questions

Can I hold both GUSH and COST in my portfolio?

GUSH and COST have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GUSH or COST?

GUSH has higher volatility (18.01%) compared to COST (6.38%). In terms of maximum drawdown, GUSH dropped -99.98% vs COST's -53.39%.

Which has better risk-adjusted returns?

GUSH currently has the higher Sharpe Ratio (0.57 vs -0.22), 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.