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MIDU vs. AMAGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MIDU and AMAGX is 0.93, 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.


Performance

MIDU vs. AMAGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Mid Cap Bull 3X Shares (MIDU) and Amana Mutual Funds Trust Growth Fund (AMAGX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

MIDU:

-0.23

AMAGX:

-0.04

Sortino Ratio

MIDU:

0.17

AMAGX:

0.14

Omega Ratio

MIDU:

1.02

AMAGX:

1.02

Calmar Ratio

MIDU:

-0.21

AMAGX:

-0.01

Martin Ratio

MIDU:

-0.58

AMAGX:

-0.03

Ulcer Index

MIDU:

22.88%

AMAGX:

7.97%

Daily Std Dev

MIDU:

67.57%

AMAGX:

21.89%

Max Drawdown

MIDU:

-86.26%

AMAGX:

-57.64%

Current Drawdown

MIDU:

-40.67%

AMAGX:

-10.20%

Returns By Period

In the year-to-date period, MIDU achieves a -17.11% return, which is significantly lower than AMAGX's -2.90% return. Over the past 10 years, MIDU has underperformed AMAGX with an annualized return of 5.39%, while AMAGX has yielded a comparatively higher 8.43% annualized return.


MIDU

YTD

-17.11%

1M

37.84%

6M

-32.92%

1Y

-15.49%

5Y*

27.20%

10Y*

5.39%

AMAGX

YTD

-2.90%

1M

10.20%

6M

-8.67%

1Y

-0.80%

5Y*

12.84%

10Y*

8.43%

*Annualized

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MIDU vs. AMAGX - Expense Ratio Comparison

MIDU has a 1.06% expense ratio, which is higher than AMAGX's 0.91% expense ratio.


Risk-Adjusted Performance

MIDU vs. AMAGX — Risk-Adjusted Performance Rank

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

MIDU
The Risk-Adjusted Performance Rank of MIDU is 1313
Overall Rank
The Sharpe Ratio Rank of MIDU is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of MIDU is 1919
Sortino Ratio Rank
The Omega Ratio Rank of MIDU is 1919
Omega Ratio Rank
The Calmar Ratio Rank of MIDU is 88
Calmar Ratio Rank
The Martin Ratio Rank of MIDU is 1010
Martin Ratio Rank

AMAGX
The Risk-Adjusted Performance Rank of AMAGX is 2424
Overall Rank
The Sharpe Ratio Rank of AMAGX is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of AMAGX is 2626
Sortino Ratio Rank
The Omega Ratio Rank of AMAGX is 2525
Omega Ratio Rank
The Calmar Ratio Rank of AMAGX is 2424
Calmar Ratio Rank
The Martin Ratio Rank of AMAGX is 2424
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MIDU vs. AMAGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Mid Cap Bull 3X Shares (MIDU) and Amana Mutual Funds Trust Growth Fund (AMAGX). 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.


The current MIDU Sharpe Ratio is -0.23, which is lower than the AMAGX Sharpe Ratio of -0.04. The chart below compares the historical Sharpe Ratios of MIDU and AMAGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

MIDU vs. AMAGX - Dividend Comparison

MIDU's dividend yield for the trailing twelve months is around 1.59%, while AMAGX has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
MIDU
Direxion Daily Mid Cap Bull 3X Shares
1.59%1.10%1.43%0.11%0.00%0.05%0.71%0.70%2.67%1.89%0.00%0.00%
AMAGX
Amana Mutual Funds Trust Growth Fund
0.00%0.00%0.16%0.17%0.07%0.22%0.36%0.47%0.49%0.75%0.54%0.37%

Drawdowns

MIDU vs. AMAGX - Drawdown Comparison

The maximum MIDU drawdown since its inception was -86.26%, which is greater than AMAGX's maximum drawdown of -57.64%. Use the drawdown chart below to compare losses from any high point for MIDU and AMAGX. For additional features, visit the drawdowns tool.


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Volatility

MIDU vs. AMAGX - Volatility Comparison

Direxion Daily Mid Cap Bull 3X Shares (MIDU) has a higher volatility of 18.38% compared to Amana Mutual Funds Trust Growth Fund (AMAGX) at 7.05%. This indicates that MIDU's price experiences larger fluctuations and is considered to be riskier than AMAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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