ILCG vs. NFXS
ILCG (iShares Morningstar Growth ETF) and NFXS (Direxion Daily NFLX Bear 1X Shares) are both exchange-traded funds - ILCG is a Large Cap Growth Equities fund tracking the Morningstar US Large-Mid Cap Broad Growth Index Gross, while NFXS is a Inverse Equities fund actively managed by Direxion. ILCG is passively managed, while NFXS is actively managed. Over the past year, ILCG returned 22.02% vs 64.26% for NFXS. At a correlation of -0.38, they often move in opposite directions. ILCG charges 0.04%/yr vs 1.03%/yr for NFXS.
Performance
ILCG vs. NFXS - Performance Comparison
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Returns By Period
In the year-to-date period, ILCG achieves a 9.21% return, which is significantly lower than NFXS's 24.21% return.
ILCG
- 1D
- -2.86%
- 1M
- -1.80%
- YTD
- 9.21%
- 6M
- 7.82%
- 1Y
- 22.02%
- 3Y*
- 23.80%
- 5Y*
- 12.71%
- 10Y*
- 18.10%
NFXS
- 1D
- 0.09%
- 1M
- 21.28%
- YTD
- 24.21%
- 6M
- 24.00%
- 1Y
- 64.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ILCG vs. NFXS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ILCG iShares Morningstar Growth ETF | 9.21% | 16.71% | 8.13% |
NFXS Direxion Daily NFLX Bear 1X Shares | 24.21% | -8.56% | -21.49% |
Correlation
The correlation between ILCG and NFXS is -0.20, 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 | -0.20 |
Correlation (All Time) Calculated using the full available price history since Oct 3, 2024 | -0.38 |
The correlation between ILCG and NFXS shifts across timeframes, from -0.38 (all time) to -0.20 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ILCG vs. NFXS — Risk / Return Rank
ILCG
NFXS
ILCG vs. NFXS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Growth ETF (ILCG) 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.
| ILCG | NFXS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.66 | ||
| Sortino ratioReturn per unit of downside risk | -0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.36 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | 2.06 | -0.65 |
| Martin ratioReturn relative to average drawdown | 4.86 | 5.64 | -0.78 |
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Drawdowns
ILCG vs. NFXS - Drawdown Comparison
The maximum ILCG drawdown since its inception was -52.98%, which is greater than NFXS's maximum drawdown of -50.37%. Use the drawdown chart below to compare losses from any high point for ILCG and NFXS.
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Drawdown Indicators
| ILCG | NFXS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.98% | -50.37% | -2.61% |
Max Drawdown (1Y)Largest decline over 1 year | -15.65% | -31.31% | +15.66% |
Max Drawdown (3Y)Largest decline over 3 years | -23.10% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -35.38% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.38% | — | — |
Current DrawdownCurrent decline from peak | -5.58% | -12.88% | +7.30% |
Average DrawdownAverage peak-to-trough decline | -8.21% | -31.93% | +23.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.54% | 11.45% | -6.91% |
Volatility
ILCG vs. NFXS - Volatility Comparison
iShares Morningstar Growth ETF (ILCG) and Direxion Daily NFLX Bear 1X Shares (NFXS) have volatilities of 7.83% and 7.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ILCG | NFXS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.83% | 7.74% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 14.51% | 26.22% | -11.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.70% | 33.81% | -16.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.22% | 34.65% | -12.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.63% | 34.65% | -13.02% |
ILCG vs. NFXS - Expense Ratio Comparison
ILCG has a 0.04% expense ratio, which is lower than NFXS's 1.03% expense ratio.
Dividends
ILCG vs. NFXS - Dividend Comparison
ILCG's dividend yield for the trailing twelve months is around 0.42%, less than NFXS's 3.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ILCG iShares Morningstar Growth ETF | 0.42% | 0.47% | 0.50% | 0.69% | 0.75% | 0.34% | 0.28% | 0.54% | 0.81% | 0.89% | 0.95% | 0.99% |
NFXS Direxion Daily NFLX Bear 1X Shares | 3.23% | 3.53% | 0.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ILCG and NFXS have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ILCG has higher volatility (7.83%) compared to NFXS (7.74%). In terms of maximum drawdown, ILCG dropped -52.98% vs NFXS's -50.37%.
On 1-year performance, NFXS leads with 64.26% vs 22.02% for ILCG. On fees, ILCG is cheaper at 0.04% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, NFXS has performed better with a 64.26% return vs 22.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ILCG is cheaper with a 0.04% expense ratio, compared with 1.03% for NFXS.
NFXS has the higher dividend yield at 3.23%, compared with 0.42% for ILCG.
ILCG is categorized as Large Cap Growth Equities, while NFXS is Inverse Equities. They also come from different issuers: iShares and Direxion. Their fees differ too: 0.04% for ILCG and 1.03% for NFXS.
NFXS currently has the higher Sharpe Ratio (1.91 vs 1.25), 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.
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