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GUSH vs. FLYD
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

GUSH vs. FLYD - 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 MicroSectors Travel -3X Inverse Leveraged ETNs (FLYD). The values are adjusted to include any dividend payments, if applicable.

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GUSH vs. FLYD - Yearly Performance Comparison


2026 (YTD)2025202420232022
GUSH
Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares
87.03%-19.39%-12.73%-7.23%5.45%
FLYD
MicroSectors Travel -3X Inverse Leveraged ETNs
26.36%-60.42%-54.13%-75.14%-46.23%

Returns By Period

In the year-to-date period, GUSH achieves a 87.03% return, which is significantly higher than FLYD's 26.36% return.


GUSH

1D
-7.69%
1M
19.66%
YTD
87.03%
6M
61.77%
1Y
53.22%
3Y*
12.65%
5Y*
17.99%
10Y*
-32.91%

FLYD

1D
-3.97%
1M
7.80%
YTD
26.36%
6M
5.01%
1Y
-62.53%
3Y*
-52.14%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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GUSH vs. FLYD - Expense Ratio Comparison

GUSH has a 1.17% expense ratio, which is higher than FLYD's 0.95% expense ratio.


Return for Risk

GUSH vs. FLYD — Risk / Return Rank

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

GUSH
GUSH Risk / Return Rank: 4343
Overall Rank
GUSH Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
GUSH Sortino Ratio Rank: 4848
Sortino Ratio Rank
GUSH Omega Ratio Rank: 4848
Omega Ratio Rank
GUSH Calmar Ratio Rank: 4646
Calmar Ratio Rank
GUSH Martin Ratio Rank: 3434
Martin Ratio Rank

FLYD
FLYD Risk / Return Rank: 33
Overall Rank
FLYD Sharpe Ratio Rank: 22
Sharpe Ratio Rank
FLYD Sortino Ratio Rank: 33
Sortino Ratio Rank
FLYD Omega Ratio Rank: 33
Omega Ratio Rank
FLYD Calmar Ratio Rank: 11
Calmar Ratio Rank
FLYD Martin Ratio Rank: 55
Martin Ratio Rank
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. FLYD - 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 MicroSectors Travel -3X Inverse Leveraged ETNs (FLYD). 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.


GUSHFLYDDifference

Sharpe ratio

Return per unit of total volatility

0.79

-0.67

+1.47

Sortino ratio

Return per unit of downside risk

1.35

-0.73

+2.08

Omega ratio

Gain probability vs. loss probability

1.19

0.90

+0.29

Calmar ratio

Return relative to maximum drawdown

1.26

-0.76

+2.02

Martin ratio

Return relative to average drawdown

3.14

-0.86

+4.00

GUSH vs. FLYD - Sharpe Ratio Comparison

The current GUSH Sharpe Ratio is 0.79, which is higher than the FLYD Sharpe Ratio of -0.67. The chart below compares the historical Sharpe Ratios of GUSH and FLYD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


GUSHFLYDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.79

-0.67

+1.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.26

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.35

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.43

-0.72

+0.29

Correlation

The correlation between GUSH and FLYD is -0.33. 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.


Dividends

GUSH vs. FLYD - Dividend Comparison

GUSH's dividend yield for the trailing twelve months is around 1.33%, while FLYD has not paid dividends to shareholders.


TTM2025202420232022202120202019201820172016
GUSH
Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares
1.33%2.60%2.96%3.00%0.47%0.00%0.20%1.68%0.17%0.00%3.26%
FLYD
MicroSectors Travel -3X Inverse Leveraged ETNs
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

GUSH vs. FLYD - Drawdown Comparison

The maximum GUSH drawdown since its inception was -99.98%, roughly equal to the maximum FLYD drawdown of -97.96%. Use the drawdown chart below to compare losses from any high point for GUSH and FLYD.


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Drawdown Indicators


GUSHFLYDDifference

Max Drawdown

Largest peak-to-trough decline

-99.98%

-97.96%

-2.02%

Max Drawdown (1Y)

Largest decline over 1 year

-43.67%

-82.41%

+38.74%

Max Drawdown (5Y)

Largest decline over 5 years

-73.64%

Max Drawdown (10Y)

Largest decline over 10 years

-99.94%

Current Drawdown

Current decline from peak

-99.77%

-97.09%

-2.68%

Average Drawdown

Average peak-to-trough decline

-92.81%

-82.46%

-10.35%

Ulcer Index

Depth and duration of drawdowns from previous peaks

17.57%

72.53%

-54.96%

Volatility

GUSH vs. FLYD - Volatility Comparison

The current volatility for Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH) is 16.69%, while MicroSectors Travel -3X Inverse Leveraged ETNs (FLYD) has a volatility of 28.29%. This indicates that GUSH experiences smaller price fluctuations and is considered to be less risky than FLYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


GUSHFLYDDifference

Volatility (1M)

Calculated over the trailing 1-month period

16.69%

28.29%

-11.60%

Volatility (6M)

Calculated over the trailing 6-month period

39.24%

54.96%

-15.72%

Volatility (1Y)

Calculated over the trailing 1-year period

67.59%

92.87%

-25.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

68.73%

83.48%

-14.75%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

94.30%

83.48%

+10.82%