INDL vs. MORT
Compare and contrast key facts about Direxion Daily India Bull 3x Shares (INDL) and VanEck Vectors Mortgage REIT Income ETF (MORT).
INDL and MORT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. INDL is a passively managed fund by Direxion that tracks the performance of the Indus India Index (300%). It was launched on Mar 11, 2010. MORT is a passively managed fund by VanEck that tracks the performance of the MVIS Global Mortgage REITs Index. It was launched on Aug 16, 2011. Both INDL and MORT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: INDL or MORT.
Correlation
The correlation between INDL and MORT is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
INDL vs. MORT - Performance Comparison
Key characteristics
INDL:
-0.10
MORT:
0.07
INDL:
0.06
MORT:
0.21
INDL:
1.01
MORT:
1.03
INDL:
-0.04
MORT:
0.03
INDL:
-0.30
MORT:
0.24
INDL:
9.24%
MORT:
5.18%
INDL:
28.55%
MORT:
19.15%
INDL:
-95.67%
MORT:
-70.13%
INDL:
-72.54%
MORT:
-29.57%
Returns By Period
In the year-to-date period, INDL achieves a -5.57% return, which is significantly lower than MORT's 0.66% return. Over the past 10 years, INDL has underperformed MORT with an annualized return of -4.54%, while MORT has yielded a comparatively higher 1.43% annualized return.
INDL
-5.57%
-14.38%
-21.81%
-0.60%
-4.03%
-4.54%
MORT
0.66%
-2.80%
-5.43%
2.99%
-5.87%
1.43%
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INDL vs. MORT - Expense Ratio Comparison
INDL has a 1.33% expense ratio, which is higher than MORT's 0.42% expense ratio.
Risk-Adjusted Performance
INDL vs. MORT — Risk-Adjusted Performance Rank
INDL
MORT
INDL vs. MORT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily India Bull 3x Shares (INDL) and VanEck Vectors Mortgage REIT Income ETF (MORT). 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.
Dividends
INDL vs. MORT - Dividend Comparison
INDL's dividend yield for the trailing twelve months is around 2.96%, less than MORT's 11.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INDL Direxion Daily India Bull 3x Shares | 2.96% | 2.79% | 1.64% | 0.09% | 2.35% | 0.00% | 0.68% | 0.18% | 0.31% | 0.00% | 0.00% | 0.00% |
MORT VanEck Vectors Mortgage REIT Income ETF | 11.47% | 11.54% | 12.18% | 13.10% | 8.21% | 8.11% | 7.36% | 8.19% | 7.82% | 8.21% | 9.91% | 10.08% |
Drawdowns
INDL vs. MORT - Drawdown Comparison
The maximum INDL drawdown since its inception was -95.67%, which is greater than MORT's maximum drawdown of -70.13%. Use the drawdown chart below to compare losses from any high point for INDL and MORT. For additional features, visit the drawdowns tool.
Volatility
INDL vs. MORT - Volatility Comparison
Direxion Daily India Bull 3x Shares (INDL) has a higher volatility of 8.10% compared to VanEck Vectors Mortgage REIT Income ETF (MORT) at 6.38%. This indicates that INDL's price experiences larger fluctuations and is considered to be riskier than MORT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.