PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
SPXS vs. VADGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

SPXS vs. VADGX

Last updated May 11, 2025

Compare and contrast key facts about Direxion Daily S&P 500 Bear 3X Shares (SPXS) and Vanguard Advice Select Dividend Growth Fund (VADGX).

SPXS is a passively managed fund by Direxion that tracks the performance of the S&P 500 Index (-300%). It was launched on Nov 5, 2008. VADGX is managed by Vanguard. It was launched on Nov 9, 2021.

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

Correlation

The correlation between SPXS and VADGX is 0.81, 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

SPXS vs. VADGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily S&P 500 Bear 3X Shares (SPXS) and Vanguard Advice Select Dividend Growth Fund (VADGX). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

SPXS:

-0.48

VADGX:

0.27

Sortino Ratio

SPXS:

-0.40

VADGX:

0.55

Omega Ratio

SPXS:

0.94

VADGX:

1.08

Calmar Ratio

SPXS:

-0.28

VADGX:

0.31

Martin Ratio

SPXS:

-1.12

VADGX:

1.04

Ulcer Index

SPXS:

25.44%

VADGX:

4.52%

Daily Std Dev

SPXS:

57.51%

VADGX:

14.85%

Max Drawdown

SPXS:

-100.00%

VADGX:

-15.75%

Current Drawdown

SPXS:

-100.00%

VADGX:

-7.10%

Returns By Period

In the year-to-date period, SPXS achieves a 0.47% return, which is significantly higher than VADGX's -1.41% return.

SPXS

YTD

0.47%

1M

-20.03%

6M

7.45%

1Y

-27.14%

5Y*

-41.34%

10Y*

-38.60%

VADGX

YTD

-1.41%

1M

4.66%

6M

-5.58%

1Y

3.45%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPXS vs. VADGX - Expense Ratio Comparison

SPXS has a 1.08% expense ratio, which is higher than VADGX's 0.45% expense ratio.

SPXS
Direxion Daily S&P 500 Bear 3X Shares
VADGX
Vanguard Advice Select Dividend Growth Fund

Risk-Adjusted Performance

SPXS vs. VADGX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SPXS
The Risk-Adjusted Performance Rank of SPXS is 66
Overall Rank
The Sharpe Ratio Rank of SPXS is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of SPXS is 77
Sortino Ratio Rank
The Omega Ratio Rank of SPXS is 66
Omega Ratio Rank
The Calmar Ratio Rank of SPXS is 77
Calmar Ratio Rank
The Martin Ratio Rank of SPXS is 44
Martin Ratio Rank
VADGX
The Risk-Adjusted Performance Rank of VADGX is 4444
Overall Rank
The Sharpe Ratio Rank of VADGX is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of VADGX is 4343
Sortino Ratio Rank
The Omega Ratio Rank of VADGX is 4242
Omega Ratio Rank
The Calmar Ratio Rank of VADGX is 4949
Calmar Ratio Rank
The Martin Ratio Rank of VADGX is 4343
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.

SPXS vs. VADGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily S&P 500 Bear 3X Shares (SPXS) and Vanguard Advice Select Dividend Growth Fund (VADGX). 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 SPXS Sharpe Ratio is -0.48, which is lower than the VADGX Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of SPXS and VADGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading data...

Dividends

SPXS vs. VADGX - Dividend Comparison

SPXS's dividend yield for the trailing twelve months is around 5.38%, more than VADGX's 1.26% yield.

TTM2024202320222021202020192018
SPXS
Direxion Daily S&P 500 Bear 3X Shares		5.38%6.18%5.66%0.00%0.00%0.51%1.74%0.58%
VADGX
Vanguard Advice Select Dividend Growth Fund		1.26%1.25%1.21%0.81%0.17%0.00%0.00%0.00%

Drawdowns

SPXS vs. VADGX - Drawdown Comparison

The maximum SPXS drawdown since its inception was -100.00%, which is greater than VADGX's maximum drawdown of -15.75%. Use the drawdown chart below to compare losses from any high point for SPXS and VADGX. For additional features, visit the drawdowns tool.

Loading data...

Volatility

SPXS vs. VADGX - Volatility Comparison

Direxion Daily S&P 500 Bear 3X Shares (SPXS) has a higher volatility of 19.94% compared to Vanguard Advice Select Dividend Growth Fund (VADGX) at 5.21%. This indicates that SPXS's price experiences larger fluctuations and is considered to be riskier than VADGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading data...