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IYF vs. SPXL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IYF and SPXL is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

IYF vs. SPXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Financials ETF (IYF) and Direxion Daily S&P 500 Bull 3X Shares (SPXL). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
17.54%
22.39%
IYF
SPXL

Key characteristics

Sharpe Ratio

IYF:

2.17

SPXL:

2.01

Sortino Ratio

IYF:

3.08

SPXL:

2.42

Omega Ratio

IYF:

1.40

SPXL:

1.34

Calmar Ratio

IYF:

3.95

SPXL:

2.37

Martin Ratio

IYF:

13.86

SPXL:

12.00

Ulcer Index

IYF:

2.40%

SPXL:

6.19%

Daily Std Dev

IYF:

15.37%

SPXL:

37.07%

Max Drawdown

IYF:

-79.09%

SPXL:

-76.86%

Current Drawdown

IYF:

-6.56%

SPXL:

-6.23%

Returns By Period

In the year-to-date period, IYF achieves a 31.56% return, which is significantly lower than SPXL's 71.76% return. Over the past 10 years, IYF has underperformed SPXL with an annualized return of 11.22%, while SPXL has yielded a comparatively higher 23.81% annualized return.


IYF

YTD

31.56%

1M

-5.51%

6M

17.54%

1Y

32.74%

5Y*

12.02%

10Y*

11.22%

SPXL

YTD

71.76%

1M

-0.73%

6M

22.39%

1Y

73.18%

5Y*

22.65%

10Y*

23.81%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


IYF vs. SPXL - Expense Ratio Comparison

IYF has a 0.42% expense ratio, which is lower than SPXL's 1.02% expense ratio.


SPXL
Direxion Daily S&P 500 Bull 3X Shares
Expense ratio chart for SPXL: current value at 1.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.02%
Expense ratio chart for IYF: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%

Risk-Adjusted Performance

IYF vs. SPXL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Financials ETF (IYF) and Direxion Daily S&P 500 Bull 3X Shares (SPXL). 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.


Sharpe ratio
The chart of Sharpe ratio for IYF, currently valued at 2.17, compared to the broader market0.002.004.002.172.01
The chart of Sortino ratio for IYF, currently valued at 3.08, compared to the broader market-2.000.002.004.006.008.0010.003.082.42
The chart of Omega ratio for IYF, currently valued at 1.40, compared to the broader market0.501.001.502.002.503.001.401.34
The chart of Calmar ratio for IYF, currently valued at 3.95, compared to the broader market0.005.0010.0015.003.952.37
The chart of Martin ratio for IYF, currently valued at 13.86, compared to the broader market0.0020.0040.0060.0080.00100.0013.8612.00
IYF
SPXL

The current IYF Sharpe Ratio is 2.17, which is comparable to the SPXL Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of IYF and SPXL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
2.17
2.01
IYF
SPXL

Dividends

IYF vs. SPXL - Dividend Comparison

IYF's dividend yield for the trailing twelve months is around 1.29%, more than SPXL's 0.70% yield.


TTM20232022202120202019201820172016201520142013
IYF
iShares U.S. Financials ETF
1.29%1.67%1.86%1.27%1.72%1.64%1.90%1.46%1.67%1.66%1.38%1.33%
SPXL
Direxion Daily S&P 500 Bull 3X Shares
0.70%0.98%0.33%0.11%0.22%0.84%1.02%3.88%0.00%0.00%0.00%0.00%

Drawdowns

IYF vs. SPXL - Drawdown Comparison

The maximum IYF drawdown since its inception was -79.09%, roughly equal to the maximum SPXL drawdown of -76.86%. Use the drawdown chart below to compare losses from any high point for IYF and SPXL. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.56%
-6.23%
IYF
SPXL

Volatility

IYF vs. SPXL - Volatility Comparison

The current volatility for iShares U.S. Financials ETF (IYF) is 4.80%, while Direxion Daily S&P 500 Bull 3X Shares (SPXL) has a volatility of 11.56%. This indicates that IYF experiences smaller price fluctuations and is considered to be less risky than SPXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
4.80%
11.56%
IYF
SPXL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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