IRTC vs. DFEN
IRTC (iRhythm Technologies, Inc.) is a stock, while DFEN (Direxion Daily Aerospace & Defense Bull 3X Shares) is Leveraged Equities fund tracking the Dow Jones U.S. Select Aerospace & Defense Index (300%). Over the past 5 years, IRTC returned 12.21%/yr vs 29.22%/yr for DFEN. At a 0.28 correlation, their price movements are largely independent.
Performance
IRTC vs. DFEN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IRTC achieves a -35.95% return, which is significantly lower than DFEN's 13.12% return.
IRTC
- 1D
- 0.87%
- 1M
- -0.88%
- YTD
- -35.95%
- 6M
- -32.68%
- 1Y
- -21.88%
- 3Y*
- 3.87%
- 5Y*
- 12.21%
- 10Y*
- —
DFEN
- 1D
- -2.71%
- 1M
- 7.74%
- YTD
- 13.12%
- 6M
- 20.44%
- 1Y
- 76.99%
- 3Y*
- 64.38%
- 5Y*
- 29.22%
- 10Y*
- —
IRTC vs. DFEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IRTC iRhythm Technologies, Inc. | -35.95% | 96.78% | -15.76% | 14.27% | -20.41% | -50.39% | 248.38% | -2.00% | 23.96% | 51.61% |
DFEN Direxion Daily Aerospace & Defense Bull 3X Shares | 13.12% | 156.62% | 27.07% | 24.70% | 6.99% | 12.72% | -70.23% | 95.09% | -32.86% | 83.64% |
Correlation
The correlation between IRTC and DFEN is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since May 3, 2017 | 0.28 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IRTC vs. DFEN — Risk / Return Rank
IRTC
DFEN
IRTC vs. DFEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iRhythm Technologies, Inc. (IRTC) and Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN). 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.
| IRTC | DFEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.69 | ||
| Sortino ratioReturn per unit of downside risk | -2.40 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.22 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | 1.85 | -2.34 |
| Martin ratioReturn relative to average drawdown | -0.99 | 4.29 | -5.29 |
Loading charts...
Drawdowns
IRTC vs. DFEN - Drawdown Comparison
The maximum IRTC drawdown since its inception was -84.39%, smaller than the maximum DFEN drawdown of -91.36%. Use the drawdown chart below to compare losses from any high point for IRTC and DFEN.
Loading charts...
Drawdown Indicators
| IRTC | DFEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.39% | -91.36% | +6.97% |
Max Drawdown (1Y)Largest decline over 1 year | -44.75% | -41.75% | -3.00% |
Max Drawdown (3Y)Largest decline over 3 years | -53.83% | -43.13% | -10.70% |
Max Drawdown (5Y)Largest decline over 5 years | -66.03% | -55.30% | -10.73% |
Current DrawdownCurrent decline from peak | -57.67% | -25.87% | -31.80% |
Average DrawdownAverage peak-to-trough decline | -37.10% | -45.20% | +8.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.10% | 17.99% | +4.11% |
Volatility
IRTC vs. DFEN - Volatility Comparison
The current volatility for iRhythm Technologies, Inc. (IRTC) is 11.53%, while Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) has a volatility of 27.31%. This indicates that IRTC experiences smaller price fluctuations and is considered to be less risky than DFEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IRTC | DFEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.53% | 27.31% | -15.78% |
Volatility (6M)Calculated over the trailing 6-month period | 32.11% | 55.81% | -23.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.84% | 65.81% | -22.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.42% | 60.74% | +2.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.72% | 71.66% | -9.94% |
Dividends
IRTC vs. DFEN - Dividend Comparison
IRTC has not paid dividends to shareholders, while DFEN's dividend yield for the trailing twelve months is around 7.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DFEN Direxion Daily Aerospace & Defense Bull 3X Shares | 7.89% | 8.89% | 14.12% | 1.13% | 0.46% | 1.89% | 0.48% | 0.50% | 1.07% | 1.50% |
IRTC iRhythm Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IRTC and DFEN have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DFEN has higher volatility (27.31%) compared to IRTC (11.53%). In terms of maximum drawdown, IRTC dropped -84.39% vs DFEN's -91.36%.
DFEN currently has the higher Sharpe Ratio (1.18 vs -0.51), 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.
Find the right allocation for IRTC and DFEN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer