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REMX vs. HJEN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between REMX and HJEN is 0.54, 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.


-0.50.00.51.00.5

Performance

REMX vs. HJEN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) and Direxion Hydrogen ETF (HJEN). The values are adjusted to include any dividend payments, if applicable.

-55.00%-50.00%-45.00%-40.00%-35.00%-30.00%-25.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-37.59%
-53.28%
REMX
HJEN

Key characteristics

Returns By Period


REMX

YTD

-34.05%

1M

-11.51%

6M

-9.88%

1Y

-32.95%

5Y*

2.58%

10Y*

-3.05%

HJEN

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

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REMX vs. HJEN - Expense Ratio Comparison

REMX has a 0.59% expense ratio, which is higher than HJEN's 0.45% expense ratio.


REMX
VanEck Vectors Rare Earth/Strategic Metals ETF
Expense ratio chart for REMX: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
Expense ratio chart for HJEN: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%

Risk-Adjusted Performance

REMX vs. HJEN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) and Direxion Hydrogen ETF (HJEN). 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 REMX, currently valued at -0.86, compared to the broader market0.002.004.00-0.86-0.34
The chart of Sortino ratio for REMX, currently valued at -1.21, compared to the broader market-2.000.002.004.006.008.0010.00-1.21-0.34
The chart of Omega ratio for REMX, currently valued at 0.87, compared to the broader market0.501.001.502.002.503.000.870.95
The chart of Calmar ratio for REMX, currently valued at -0.44, compared to the broader market0.005.0010.0015.00-0.44-0.13
The chart of Martin ratio for REMX, currently valued at -1.24, compared to the broader market0.0020.0040.0060.0080.00100.00-1.24-0.57
REMX
HJEN


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.00JulyAugustSeptemberOctoberNovemberDecember
-0.86
-0.34
REMX
HJEN

Dividends

REMX vs. HJEN - Dividend Comparison

Neither REMX nor HJEN has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
REMX
VanEck Vectors Rare Earth/Strategic Metals ETF
0.00%0.00%1.56%5.25%0.81%1.60%12.43%2.89%2.23%4.77%1.53%0.23%
HJEN
Direxion Hydrogen ETF
102.11%1.50%1.12%0.76%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

REMX vs. HJEN - Drawdown Comparison


-70.00%-65.00%-60.00%-55.00%JulyAugustSeptemberOctoberNovemberDecember
-67.68%
-56.63%
REMX
HJEN

Volatility

REMX vs. HJEN - Volatility Comparison

VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) has a higher volatility of 7.71% compared to Direxion Hydrogen ETF (HJEN) at 0.00%. This indicates that REMX's price experiences larger fluctuations and is considered to be riskier than HJEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
7.71%
0
REMX
HJEN
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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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