RETL vs. FAS
Compare and contrast key facts about Direxion Daily Retail Bull 3X Shares (RETL) and Direxion Daily Financial Bull 3X Shares (FAS).
RETL and FAS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RETL is a passively managed fund by Direxion that tracks the performance of the Russell 1000 Retail Index (300%). It was launched on Jul 14, 2010. FAS is a passively managed fund by Direxion that tracks the performance of the Russell 1000 Financial Services Index (300%). It was launched on Nov 6, 2008. Both RETL and FAS 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: RETL or FAS.
Correlation
The correlation between RETL and FAS is 0.62, 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
RETL vs. FAS - Performance Comparison
Key characteristics
RETL:
0.34
FAS:
2.28
RETL:
0.92
FAS:
2.86
RETL:
1.10
FAS:
1.37
RETL:
0.24
FAS:
2.05
RETL:
1.24
FAS:
14.03
RETL:
16.52%
FAS:
6.75%
RETL:
60.99%
FAS:
41.59%
RETL:
-91.51%
FAS:
-94.81%
RETL:
-80.94%
FAS:
-16.88%
Returns By Period
In the year-to-date period, RETL achieves a 14.34% return, which is significantly lower than FAS's 84.59% return. Over the past 10 years, RETL has underperformed FAS with an annualized return of 1.00%, while FAS has yielded a comparatively higher 17.47% annualized return.
RETL
14.34%
12.04%
10.68%
14.09%
-0.37%
1.00%
FAS
84.59%
-7.80%
48.78%
89.85%
11.36%
17.47%
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RETL vs. FAS - Expense Ratio Comparison
RETL has a 0.99% expense ratio, which is lower than FAS's 1.00% expense ratio.
Risk-Adjusted Performance
RETL vs. FAS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Retail Bull 3X Shares (RETL) and Direxion Daily Financial Bull 3X Shares (FAS). 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.
Dividends
RETL vs. FAS - Dividend Comparison
RETL's dividend yield for the trailing twelve months is around 0.88%, more than FAS's 0.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
RETL Direxion Daily Retail Bull 3X Shares | 0.88% | 1.35% | 0.71% | 0.22% | 0.19% | 0.92% | 1.19% | 0.01% | 2.60% |
FAS Direxion Daily Financial Bull 3X Shares | 0.63% | 1.77% | 0.91% | 0.60% | 0.47% | 0.62% | 1.43% | 0.11% | 0.00% |
Drawdowns
RETL vs. FAS - Drawdown Comparison
The maximum RETL drawdown since its inception was -91.51%, roughly equal to the maximum FAS drawdown of -94.81%. Use the drawdown chart below to compare losses from any high point for RETL and FAS. For additional features, visit the drawdowns tool.
Volatility
RETL vs. FAS - Volatility Comparison
Direxion Daily Retail Bull 3X Shares (RETL) has a higher volatility of 19.31% compared to Direxion Daily Financial Bull 3X Shares (FAS) at 13.32%. This indicates that RETL's price experiences larger fluctuations and is considered to be riskier than FAS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.