LMTL vs. IFED
LMTL (Direxion Daily LMT Bull 2X ETF) and IFED (ETRACS IFED Invest with the Fed TR Index ETN) are both Leveraged Equities funds. LMTL is actively managed, while IFED is passively managed. At a 0.08 correlation, their price movements are largely independent. LMTL charges 1.07%/yr vs 0.45%/yr for IFED.
Performance
LMTL vs. IFED - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LMTL achieves a 8.57% return, which is significantly higher than IFED's -2.98% return.
LMTL
- 1D
- 2.29%
- 1M
- 4.14%
- YTD
- 8.57%
- 6M
- 25.50%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IFED
- 1D
- 0.56%
- 1M
- 5.41%
- YTD
- -2.98%
- 6M
- -2.59%
- 1Y
- 2.46%
- 3Y*
- 16.94%
- 5Y*
- —
- 10Y*
- —
LMTL vs. IFED - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LMTL Direxion Daily LMT Bull 2X ETF | 8.57% | 20.61% |
IFED ETRACS IFED Invest with the Fed TR Index ETN | -2.98% | 2.89% |
Correlation
The correlation between LMTL and IFED is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 7, 2025 | 0.08 |
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
LMTL vs. IFED — Risk / Return Rank
LMTL
IFED
LMTL vs. IFED - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily LMT Bull 2X ETF (LMTL) and ETRACS IFED Invest with the Fed TR Index ETN (IFED). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| LMTL | IFED | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.15 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.65 | +0.14 |
Drawdowns
LMTL vs. IFED - Drawdown Comparison
The maximum LMTL drawdown since its inception was -45.74%, which is greater than IFED's maximum drawdown of -22.36%. Use the drawdown chart below to compare losses from any high point for LMTL and IFED.
Loading charts...
Drawdown Indicators
| LMTL | IFED | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.74% | -22.36% | -23.38% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.65% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.36% | — |
Current DrawdownCurrent decline from peak | -43.02% | -4.97% | -38.05% |
Average DrawdownAverage peak-to-trough decline | -13.72% | -5.84% | -7.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.76% | — |
Volatility
LMTL vs. IFED - Volatility Comparison
Loading charts...
Volatility by Period
| LMTL | IFED | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.51% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.87% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 48.78% | 16.18% | +32.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.78% | 19.87% | +28.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.78% | 19.87% | +28.91% |
LMTL vs. IFED - Expense Ratio Comparison
LMTL has a 1.07% expense ratio, which is higher than IFED's 0.45% expense ratio.
Dividends
LMTL vs. IFED - Dividend Comparison
LMTL's dividend yield for the trailing twelve months is around 3.47%, while IFED has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
IFED ETRACS IFED Invest with the Fed TR Index ETN | 0.00% | 0.00% |
LMTL Direxion Daily LMT Bull 2X ETF | 3.47% | 3.18% |
Frequently Asked Questions
LMTL and IFED have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IFED is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IFED is cheaper with a 0.45% expense ratio, compared with 1.07% for LMTL.
LMTL has the higher dividend yield at 3.47%, compared with 0.00% for IFED.
They also come from different issuers: Direxion and UBS. Their fees differ too: 1.07% for LMTL and 0.45% for IFED.
Find the right allocation for LMTL and IFED
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