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JDST vs. YANG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between JDST and YANG is 0.19, 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.


-0.50.00.51.00.2

Performance

JDST vs. YANG - 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 Direxion Daily China 3x Bear Shares (YANG). The values are adjusted to include any dividend payments, if applicable.

-100.00%-80.00%-60.00%-40.00%-20.00%0.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-100.00%
-54.05%
JDST
YANG

Key characteristics

Sharpe Ratio

JDST:

-0.62

YANG:

-0.73

Sortino Ratio

JDST:

-0.66

YANG:

-1.06

Omega Ratio

JDST:

0.93

YANG:

0.86

Calmar Ratio

JDST:

-0.44

YANG:

-0.75

Martin Ratio

JDST:

-0.88

YANG:

-1.35

Ulcer Index

JDST:

50.22%

YANG:

55.36%

Daily Std Dev

JDST:

70.88%

YANG:

102.48%

Max Drawdown

JDST:

-100.00%

YANG:

-99.96%

Current Drawdown

JDST:

-100.00%

YANG:

-99.94%

Returns By Period

In the year-to-date period, JDST achieves a -42.50% return, which is significantly higher than YANG's -71.32% return. Over the past 10 years, JDST has underperformed YANG with an annualized return of -64.75%, while YANG has yielded a comparatively higher -35.88% annualized return.


JDST

YTD

-42.50%

1M

11.13%

6M

-20.19%

1Y

-39.96%

5Y*

-60.46%

10Y*

-64.75%

YANG

YTD

-71.32%

1M

-3.57%

6M

-55.69%

1Y

-73.58%

5Y*

-37.98%

10Y*

-35.88%

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


JDST vs. YANG - Expense Ratio Comparison

JDST has a 1.10% expense ratio, which is higher than YANG's 1.07% expense ratio.


JDST
Direxion Daily Junior Gold Miners Index Bear 2X Shares
Expense ratio chart for JDST: current value at 1.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.10%
Expense ratio chart for YANG: current value at 1.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.07%

Risk-Adjusted Performance

JDST vs. YANG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST) and Direxion Daily China 3x Bear Shares (YANG). 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 JDST, currently valued at -0.62, compared to the broader market0.002.004.00-0.62-0.73
The chart of Sortino ratio for JDST, currently valued at -0.66, compared to the broader market-2.000.002.004.006.008.0010.00-0.66-1.06
The chart of Omega ratio for JDST, currently valued at 0.93, compared to the broader market0.501.001.502.002.503.000.930.86
The chart of Calmar ratio for JDST, currently valued at -0.44, compared to the broader market0.005.0010.0015.00-0.44-0.75
The chart of Martin ratio for JDST, currently valued at -0.88, compared to the broader market0.0020.0040.0060.0080.00100.00-0.88-1.35
JDST
YANG

The current JDST Sharpe Ratio is -0.62, which is comparable to the YANG Sharpe Ratio of -0.73. The chart below compares the historical Sharpe Ratios of JDST and YANG, 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 Ratio-1.00-0.80-0.60-0.40-0.200.000.20JulyAugustSeptemberOctoberNovemberDecember
-0.62
-0.73
JDST
YANG

Dividends

JDST vs. YANG - Dividend Comparison

JDST's dividend yield for the trailing twelve months is around 6.82%, more than YANG's 2.69% yield.


TTM2023202220212020201920182017201620152014
JDST
Direxion Daily Junior Gold Miners Index Bear 2X Shares
6.82%4.80%0.00%0.00%11.79%3.16%0.57%0.00%0.00%0.00%3.20%
YANG
Direxion Daily China 3x Bear Shares
2.69%1.36%0.00%0.00%0.03%1.31%0.10%0.00%0.00%0.00%0.00%

Drawdowns

JDST vs. YANG - Drawdown Comparison

The maximum JDST drawdown since its inception was -100.00%, roughly equal to the maximum YANG drawdown of -99.96%. Use the drawdown chart below to compare losses from any high point for JDST and YANG. For additional features, visit the drawdowns tool.


-100.00%-99.80%-99.60%-99.40%-99.20%-99.00%-98.80%-98.60%JulyAugustSeptemberOctoberNovemberDecember
-100.00%
-99.50%
JDST
YANG

Volatility

JDST vs. YANG - Volatility Comparison

The current volatility for Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST) is 21.26%, while Direxion Daily China 3x Bear Shares (YANG) has a volatility of 35.03%. This indicates that JDST experiences smaller price fluctuations and is considered to be less risky than YANG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%60.00%70.00%JulyAugustSeptemberOctoberNovemberDecember
21.26%
35.03%
JDST
YANG
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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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