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GUSH vs. ERX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


GUSHERX
YTD Return-0.33%22.44%
1Y Return-5.54%20.50%
3Y Return (Ann)6.43%32.82%
5Y Return (Ann)-35.34%-13.40%
Sharpe Ratio-0.050.64
Sortino Ratio0.231.06
Omega Ratio1.031.13
Calmar Ratio-0.020.24
Martin Ratio-0.121.74
Ulcer Index20.22%12.98%
Daily Std Dev45.01%35.50%
Max Drawdown-99.98%-99.54%
Current Drawdown-99.83%-94.05%

Correlation

-0.50.00.51.00.9

The correlation between GUSH and ERX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

GUSH vs. ERX - Performance Comparison

In the year-to-date period, GUSH achieves a -0.33% return, which is significantly lower than ERX's 22.44% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-14.29%
-0.63%
GUSH
ERX

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GUSH vs. ERX - Expense Ratio Comparison

GUSH has a 1.17% expense ratio, which is higher than ERX's 1.09% expense ratio.


GUSH
Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares
Expense ratio chart for GUSH: current value at 1.17% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.17%
Expense ratio chart for ERX: current value at 1.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.09%

Risk-Adjusted Performance

GUSH vs. ERX - Risk-Adjusted Performance 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 Direxion Daily Energy Bull 2X Shares (ERX). 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.


GUSH
Sharpe ratio
The chart of Sharpe ratio for GUSH, currently valued at -0.05, compared to the broader market-2.000.002.004.006.00-0.05
Sortino ratio
The chart of Sortino ratio for GUSH, currently valued at 0.23, compared to the broader market-2.000.002.004.006.008.0010.0012.000.23
Omega ratio
The chart of Omega ratio for GUSH, currently valued at 1.03, compared to the broader market1.001.502.002.503.001.03
Calmar ratio
The chart of Calmar ratio for GUSH, currently valued at -0.02, compared to the broader market0.005.0010.0015.00-0.02
Martin ratio
The chart of Martin ratio for GUSH, currently valued at -0.12, compared to the broader market0.0020.0040.0060.0080.00100.00120.00-0.12
ERX
Sharpe ratio
The chart of Sharpe ratio for ERX, currently valued at 0.64, compared to the broader market-2.000.002.004.006.000.64
Sortino ratio
The chart of Sortino ratio for ERX, currently valued at 1.06, compared to the broader market-2.000.002.004.006.008.0010.0012.001.06
Omega ratio
The chart of Omega ratio for ERX, currently valued at 1.13, compared to the broader market1.001.502.002.503.001.13
Calmar ratio
The chart of Calmar ratio for ERX, currently valued at 0.25, compared to the broader market0.005.0010.0015.000.25
Martin ratio
The chart of Martin ratio for ERX, currently valued at 1.74, compared to the broader market0.0020.0040.0060.0080.00100.00120.001.74

GUSH vs. ERX - Sharpe Ratio Comparison

The current GUSH Sharpe Ratio is -0.05, which is lower than the ERX Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of GUSH and ERX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00JuneJulyAugustSeptemberOctoberNovember
-0.05
0.64
GUSH
ERX

Dividends

GUSH vs. ERX - Dividend Comparison

GUSH's dividend yield for the trailing twelve months is around 2.65%, more than ERX's 2.50% yield.


TTM20232022202120202019201820172016
GUSH
Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares
2.65%3.00%0.47%0.00%0.20%1.68%0.17%0.00%3.26%
ERX
Direxion Daily Energy Bull 2X Shares
2.50%3.17%2.23%2.16%2.35%1.56%3.10%0.85%0.00%

Drawdowns

GUSH vs. ERX - Drawdown Comparison

The maximum GUSH drawdown since its inception was -99.98%, roughly equal to the maximum ERX drawdown of -99.54%. Use the drawdown chart below to compare losses from any high point for GUSH and ERX. For additional features, visit the drawdowns tool.


-100.00%-95.00%-90.00%-85.00%JuneJulyAugustSeptemberOctoberNovember
-99.83%
-85.89%
GUSH
ERX

Volatility

GUSH vs. ERX - Volatility Comparison

Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH) has a higher volatility of 13.60% compared to Direxion Daily Energy Bull 2X Shares (ERX) at 9.70%. This indicates that GUSH's price experiences larger fluctuations and is considered to be riskier than ERX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


8.00%10.00%12.00%14.00%16.00%18.00%JuneJulyAugustSeptemberOctoberNovember
13.60%
9.70%
GUSH
ERX