JDST vs. DRIV

Last updated Jun 4, 2026

JDST (Direxion Daily Junior Gold Miners Index Bear 2X Shares) and DRIV (Global X Autonomous & Electric Vehicles ETF) are both exchange-traded funds - JDST is a Leveraged Equities fund tracking the MVIS Global Junior Gold Miners Index (-300%), while DRIV is a Global Equities fund tracking the Solactive Autonomous & Electric Vehicles Index. Both are passively managed. Over the past 5 years, JDST returned -51.81%/yr vs 9.49%/yr for DRIV. At a correlation of -0.27, they often move in opposite directions. JDST charges 1.10%/yr vs 0.68%/yr for DRIV.

Performance

JDST vs. DRIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST) and Global X Autonomous & Electric Vehicles ETF (DRIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JDST achieves a -30.24% return, which is significantly lower than DRIV's 42.27% return.

JDST

• 1D: 8.81%
• 1M: -3.29%
• YTD: -30.24%
• 6M: -43.02%
• 1Y: -80.42%
• 3Y*: -68.21%
• 5Y*: -51.81%
• 10Y*: -64.52%

DRIV

• 1D: -1.04%
• 1M: 12.34%
• YTD: 42.27%
• 6M: 41.87%
• 1Y: 92.43%
• 3Y*: 21.80%
• 5Y*: 9.49%
• 10Y*: —

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

JDST vs. DRIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
JDST Direxion Daily Junior Gold Miners Index Bear 2X Shares	-30.24%	-91.10%	-40.98%	-28.29%	-26.25%	10.97%	-95.97%	-80.30%	7.03%
DRIV Global X Autonomous & Electric Vehicles ETF	42.27%	30.42%	-5.04%	26.14%	-34.13%	27.80%	62.76%	28.54%	-21.49%

Correlation

The correlation between JDST and DRIV is -0.39, 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	-0.39
Correlation (3Y) Calculated over the trailing 3-year period	-0.38
Correlation (5Y) Calculated over the trailing 5-year period	-0.37
Correlation (All Time) Calculated using the full available price history since Apr 18, 2018	-0.27

The correlation between JDST and DRIV shifts across timeframes, from -0.39 (1 year) to -0.27 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JDST vs. DRIV — Risk / Return Rank

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

JDST

JDST Risk / Return Rank: 2
JDST Sharpe Ratio Rank: 3
JDST Sortino Ratio Rank: 1
JDST Omega Ratio Rank: 1
JDST Calmar Ratio Rank: 1
JDST Martin Ratio Rank: 3

DRIV

DRIV Risk / Return Rank: 92
DRIV Sharpe Ratio Rank: 94
DRIV Sortino Ratio Rank: 91
DRIV Omega Ratio Rank: 87
DRIV Calmar Ratio Rank: 93
DRIV Martin Ratio Rank: 92

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.

JDST vs. DRIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST) and Global X Autonomous & Electric Vehicles ETF (DRIV). 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.

	JDST	DRIV	Difference
Sharpe ratio Return per unit of total volatility	-0.82	3.70	-4.52
Sortino ratio Return per unit of downside risk	-1.69	4.35	-6.04
Omega ratio Gain probability vs. loss probability	0.82	1.55	-0.74
Calmar ratio Return relative to maximum drawdown	-0.91	6.92	-7.83
Martin ratio Return relative to average drawdown	-1.23	24.10	-25.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JDST vs. DRIV - Sharpe Ratio Comparison

The current JDST Sharpe Ratio is -0.82, which is lower than the DRIV Sharpe Ratio of 3.70. The chart below compares the historical Sharpe Ratios of JDST and DRIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JDST	DRIV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.82	3.70	-4.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.64	0.35	-1.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.59	0.54	-1.13

Drawdowns

JDST vs. DRIV - Drawdown Comparison

The maximum JDST drawdown since its inception was -100.00%, which is greater than DRIV's maximum drawdown of -41.93%. Use the drawdown chart below to compare losses from any high point for JDST and DRIV.

Drawdown Indicators

	JDST	DRIV	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-41.93%	-58.07%
Max Drawdown (1Y) Largest decline over 1 year	-88.98%	-13.43%	-75.55%
Max Drawdown (3Y) Largest decline over 3 years	-98.58%	-34.18%	-64.40%
Max Drawdown (5Y) Largest decline over 5 years	-99.28%	-41.93%	-57.35%
Max Drawdown (10Y) Largest decline over 10 years	-100.00%	—	—
Current Drawdown Current decline from peak	-100.00%	-1.04%	-98.96%
Average Drawdown Average peak-to-trough decline	-95.32%	-15.13%	-80.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	65.41%	3.85%	+61.56%

Volatility

JDST vs. DRIV - Volatility Comparison

Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST) has a higher volatility of 33.11% compared to Global X Autonomous & Electric Vehicles ETF (DRIV) at 9.36%. This indicates that JDST's price experiences larger fluctuations and is considered to be riskier than DRIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JDST	DRIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.11%	9.36%	+23.75%
Volatility (6M) Calculated over the trailing 6-month period	79.71%	19.29%	+60.42%
Volatility (1Y) Calculated over the trailing 1-year period	98.62%	25.14%	+73.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.86%	27.07%	+53.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	104.76%	27.40%	+77.36%

JDST vs. DRIV - Expense Ratio Comparison

JDST has a 1.10% expense ratio, which is higher than DRIV's 0.68% expense ratio.

Dividends

JDST vs. DRIV - Dividend Comparison

JDST's dividend yield for the trailing twelve months is around 11.53%, more than DRIV's 0.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DRIV Global X Autonomous & Electric Vehicles ETF	0.75%	1.07%	2.07%	1.62%	1.24%	0.32%	0.29%	1.23%	2.79%
JDST Direxion Daily Junior Gold Miners Index Bear 2X Shares	11.53%	15.08%	6.50%	4.81%	0.00%	0.00%	11.75%	3.16%	0.57%

Frequently Asked Questions

Can I hold both JDST and DRIV in my portfolio?

JDST and DRIV have a correlation of -0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JDST or DRIV?

JDST has higher volatility (33.11%) compared to DRIV (9.36%). In terms of maximum drawdown, JDST dropped -100.00% vs DRIV's -41.93%.

Which ETF is better, JDST or DRIV?

On 5-year performance, DRIV leads with 9.49% vs -51.81% for JDST. On fees, DRIV is cheaper at 0.68% per year. On volatility, DRIV has been the lower-risk option at 9.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JDST or DRIV?

Over the 5-year period, DRIV has performed better with a 9.49% return vs -51.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JDST or DRIV?

DRIV is cheaper with a 0.68% expense ratio, compared with 1.10% for JDST.

Which ETF pays a higher dividend yield, JDST or DRIV?

JDST has the higher dividend yield at 11.53%, compared with 0.75% for DRIV.

What is the main difference between JDST and DRIV?

JDST is categorized as Leveraged Equities, while DRIV is Global Equities. JDST tracks MVIS Global Junior Gold Miners Index (-300%), while DRIV tracks Solactive Autonomous & Electric Vehicles Index. They also come from different issuers: Direxion and Global X. Their fees differ too: 1.10% for JDST and 0.68% for DRIV.

Which has better risk-adjusted returns?

DRIV currently has the higher Sharpe Ratio (3.70 vs -0.82), 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.