HCA vs. DUSL

Last updated Jun 16, 2026

HCA (HCA Healthcare, Inc.) is a stock, while DUSL (Direxion Daily Industrials Bull 3X Shares) is Leveraged Equities fund tracking the Industrials Select Sector Index (300%). Over the past 5 years, HCA returned 14.44%/yr vs 21.34%/yr for DUSL. At a 0.48 correlation, their price movements are largely independent.

Performance

HCA vs. DUSL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HCA Healthcare, Inc. (HCA) and Direxion Daily Industrials Bull 3X Shares (DUSL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HCA achieves a -16.35% return, which is significantly lower than DUSL's 39.45% return.

HCA

• 1D: 0.72%
• 1M: -7.81%
• YTD: -16.35%
• 6M: -18.12%
• 1Y: 5.77%
• 3Y*: 11.15%
• 5Y*: 14.44%
• 10Y*: 18.45%

DUSL

• 1D: 3.99%
• 1M: 11.08%
• YTD: 39.45%
• 6M: 34.97%
• 1Y: 71.72%
• 3Y*: 45.78%
• 5Y*: 21.34%
• 10Y*: —

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

HCA vs. DUSL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HCA HCA Healthcare, Inc.	-16.35%	56.71%	11.75%	13.83%	-5.64%	57.58%	12.07%	20.24%	43.37%	3.66%
DUSL Direxion Daily Industrials Bull 3X Shares	39.45%	37.50%	34.75%	37.23%	-31.17%	60.72%	-19.77%	90.70%	-46.28%	47.58%

Correlation

The correlation between HCA and DUSL is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (All Time) Calculated using the full available price history since May 3, 2017	0.48

Over the past year, the correlation between HCA and DUSL has dropped to 0.18 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.

Return for Risk

HCA vs. DUSL — Risk / Return Rank

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

HCA

HCA Risk / Return Rank: 46
HCA Sharpe Ratio Rank: 50
HCA Sortino Ratio Rank: 42
HCA Omega Ratio Rank: 43
HCA Calmar Ratio Rank: 46
HCA Martin Ratio Rank: 48

DUSL

DUSL Risk / Return Rank: 44
DUSL Sharpe Ratio Rank: 45
DUSL Sortino Ratio Rank: 43
DUSL Omega Ratio Rank: 40
DUSL Calmar Ratio Rank: 46
DUSL Martin Ratio Rank: 46

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.

HCA vs. DUSL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HCA Healthcare, Inc. (HCA) and Direxion Daily Industrials Bull 3X Shares (DUSL). 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.

	HCA	DUSL	Difference
Sharpe ratio: Return per unit of total volatility	0.21	1.47	-1.25
Sortino ratio: Return per unit of downside risk	0.48	2.04	-1.56
Omega ratio: Gain probability vs. loss probability	1.06	1.25	-0.18
Calmar ratio: Return relative to maximum drawdown	0.17	2.14	-1.97
Martin ratio: Return relative to average drawdown	0.51	7.04	-6.53

HCA vs. DUSL - Sharpe Ratio Comparison

The current HCA Sharpe Ratio is 0.21, which is lower than the DUSL Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of HCA and DUSL, 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

HCA vs. DUSL - Drawdown Comparison

The maximum HCA drawdown since its inception was -54.74%, smaller than the maximum DUSL drawdown of -85.74%. Use the drawdown chart below to compare losses from any high point for HCA and DUSL.

Drawdown Indicators

	HCA	DUSL	Difference
Max Drawdown Largest peak-to-trough decline	-54.74%	-85.74%	+31.00%
Max Drawdown (1Y) Largest decline over 1 year	-33.62%	-33.68%	+0.06%
Max Drawdown (3Y) Largest decline over 3 years	-33.62%	-50.86%	+17.24%
Max Drawdown (5Y) Largest decline over 5 years	-39.49%	-58.43%	+18.94%
Max Drawdown (10Y) Largest decline over 10 years	-54.74%	—	—
Current Drawdown Current decline from peak	-28.36%	-6.52%	-21.84%
Average Drawdown Average peak-to-trough decline	-11.05%	-21.96%	+10.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.29%	10.22%	+1.07%

Volatility

HCA vs. DUSL - Volatility Comparison

The current volatility for HCA Healthcare, Inc. (HCA) is 8.89%, while Direxion Daily Industrials Bull 3X Shares (DUSL) has a volatility of 19.20%. This indicates that HCA experiences smaller price fluctuations and is considered to be less risky than DUSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HCA	DUSL	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.89%	19.20%	-10.31%
Volatility (6M) Calculated over the trailing 6-month period	21.34%	41.26%	-19.92%
Volatility (1Y) Calculated over the trailing 1-year period	27.37%	49.30%	-21.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.90%	52.94%	-23.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.64%	61.65%	-29.01%

Dividends

HCA vs. DUSL - Dividend Comparison

HCA's dividend yield for the trailing twelve months is around 0.75%, less than DUSL's 8.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DUSL Direxion Daily Industrials Bull 3X Shares	8.22%	11.39%	6.61%	1.28%	0.66%	0.07%	0.48%	1.01%	1.46%	0.57%
HCA HCA Healthcare, Inc.	0.75%	0.62%	0.88%	0.89%	0.93%	0.75%	0.63%	1.08%	1.12%	0.00%

Frequently Asked Questions

Can I hold both HCA and DUSL in my portfolio?

HCA and DUSL have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HCA or DUSL?

DUSL has higher volatility (19.20%) compared to HCA (8.89%). In terms of maximum drawdown, HCA dropped -54.74% vs DUSL's -85.74%.

Which has better risk-adjusted returns?

DUSL currently has the higher Sharpe Ratio (1.47 vs 0.21), 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.