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MOON vs. EBIZ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

MOON vs. EBIZ

Last updated May 10, 2025

Compare and contrast key facts about Direxion Moonshot Innovators ETF (MOON) and Global X E-commerce ETF (EBIZ).

MOON and EBIZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MOON is a passively managed fund by Direxion that tracks the performance of the S&P Kensho Moonshots Index. It was launched on Nov 12, 2020. EBIZ is a passively managed fund by Global X that tracks the performance of the Solactive E-commerce Index. It was launched on Nov 27, 2018. Both MOON and EBIZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MOON or EBIZ.

Correlation

The correlation between MOON and EBIZ is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

MOON vs. EBIZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Moonshot Innovators ETF (MOON) and Global X E-commerce ETF (EBIZ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period

MOON

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

EBIZ

YTD

3.46%

1M

10.34%

6M

5.31%

1Y

17.69%

5Y*

7.26%

10Y*

N/A

*Annualized

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MOON vs. EBIZ - Expense Ratio Comparison

MOON has a 0.65% expense ratio, which is higher than EBIZ's 0.50% expense ratio.

MOON
Direxion Moonshot Innovators ETF
EBIZ
Global X E-commerce ETF

Risk-Adjusted Performance

MOON vs. EBIZ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MOON
The Risk-Adjusted Performance Rank of MOON is 44
Overall Rank
The Sharpe Ratio Rank of MOON is 33
Sharpe Ratio Rank
The Sortino Ratio Rank of MOON is 33
Sortino Ratio Rank
The Omega Ratio Rank of MOON is 44
Omega Ratio Rank
The Calmar Ratio Rank of MOON is 33
Calmar Ratio Rank
The Martin Ratio Rank of MOON is 55
Martin Ratio Rank
EBIZ
The Risk-Adjusted Performance Rank of EBIZ is 6565
Overall Rank
The Sharpe Ratio Rank of EBIZ is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of EBIZ is 7171
Sortino Ratio Rank
The Omega Ratio Rank of EBIZ is 6565
Omega Ratio Rank
The Calmar Ratio Rank of EBIZ is 5656
Calmar Ratio Rank
The Martin Ratio Rank of EBIZ is 6666
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.

MOON vs. EBIZ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Moonshot Innovators ETF (MOON) and Global X E-commerce ETF (EBIZ). 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.

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Dividends

MOON vs. EBIZ - Dividend Comparison

MOON has not paid dividends to shareholders, while EBIZ's dividend yield for the trailing twelve months is around 0.23%.

TTM202420232022202120202019
MOON
Direxion Moonshot Innovators ETF		100.33%100.67%1.41%0.00%1.64%0.00%0.00%
EBIZ
Global X E-commerce ETF		0.23%0.23%0.00%0.10%0.57%0.84%0.18%

Drawdowns

MOON vs. EBIZ - Drawdown Comparison

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Volatility

MOON vs. EBIZ - Volatility Comparison

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