SPUU vs. NXT

In the year-to-date period, SPUU achieves a -3.86% return, which is significantly lower than NXT's 47.67% return.

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This table presents a comparison of risk-adjusted performance metrics for Direxion Daily S&P 500 Bull 2x Shares (SPUU) and Nextracker Inc (NXT). 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 SPUU Sharpe Ratio is 0.47, which is comparable to the NXT Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of SPUU and NXT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

SPUU's dividend yield for the trailing twelve months is around 0.64%, while NXT has not paid dividends to shareholders.

The maximum SPUU drawdown since its inception was -59.35%, which is greater than NXT's maximum drawdown of -48.61%. Use the drawdown chart below to compare losses from any high point for SPUU and NXT. For additional features, visit the drawdowns tool.

The current volatility for Direxion Daily S&P 500 Bull 2x Shares (SPUU) is 12.14%, while Nextracker Inc (NXT) has a volatility of 14.85%. This indicates that SPUU experiences smaller price fluctuations and is considered to be less risky than NXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.