TNA vs. VRTIX
Compare and contrast key facts about Direxion Daily Small Cap Bull 3X Shares (TNA) and Vanguard Russell 2000 Index Fund Institutional Shares (VRTIX).
TNA is a passively managed fund by Direxion that tracks the performance of the Russell 2000 Index (300%). It was launched on Nov 5, 2008. VRTIX is managed by Vanguard. It was launched on Dec 22, 2010.
Performance
TNA vs. VRTIX - Performance Comparison
Loading graphics...
TNA vs. VRTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TNA Direxion Daily Small Cap Bull 3X Shares | -3.05% | 9.82% | 7.21% | 26.24% | -62.48% | 27.88% | -7.82% | 71.88% | -39.89% | 39.15% |
VRTIX Vanguard Russell 2000 Index Fund Institutional Shares | -2.47% | 12.55% | 11.59% | 17.01% | -20.40% | 14.71% | 20.46% | 25.60% | -10.92% | 14.77% |
Returns By Period
In the year-to-date period, TNA achieves a -3.05% return, which is significantly lower than VRTIX's -2.47% return. Over the past 10 years, TNA has underperformed VRTIX with an annualized return of 4.66%, while VRTIX has yielded a comparatively higher 9.54% annualized return.
TNA
- 1D
- 10.41%
- 1M
- -16.38%
- YTD
- -3.05%
- 6M
- -2.35%
- 1Y
- 51.93%
- 3Y*
- 12.30%
- 5Y*
- -13.20%
- 10Y*
- 4.66%
VRTIX
- 1D
- -1.45%
- 1M
- -8.17%
- YTD
- -2.47%
- 6M
- -0.32%
- 1Y
- 21.61%
- 3Y*
- 11.72%
- 5Y*
- 3.03%
- 10Y*
- 9.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TNA vs. VRTIX - Expense Ratio Comparison
TNA has a 1.14% expense ratio, which is higher than VRTIX's 0.08% expense ratio.
Return for Risk
TNA vs. VRTIX — Risk / Return Rank
TNA
VRTIX
TNA vs. VRTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Small Cap Bull 3X Shares (TNA) and Vanguard Russell 2000 Index Fund Institutional Shares (VRTIX). 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.
| TNA | VRTIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.75 | 0.91 | -0.16 |
Sortino ratioReturn per unit of downside risk | 1.42 | 1.40 | +0.01 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.18 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.32 | 1.33 | -0.01 |
Martin ratioReturn relative to average drawdown | 4.21 | 5.03 | -0.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TNA | VRTIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.75 | 0.91 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.20 | 0.14 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.07 | 0.41 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.46 | -0.27 |
Correlation
The correlation between TNA and VRTIX is 1.00, 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.
Dividends
TNA vs. VRTIX - Dividend Comparison
TNA's dividend yield for the trailing twelve months is around 0.62%, less than VRTIX's 1.30% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TNA Direxion Daily Small Cap Bull 3X Shares | 0.62% | 0.78% | 0.93% | 1.27% | 0.31% | 0.06% | 0.03% | 0.44% | 0.36% | 0.15% | 0.00% | 0.00% |
VRTIX Vanguard Russell 2000 Index Fund Institutional Shares | 1.30% | 1.00% | 1.23% | 1.46% | 1.50% | 1.05% | 1.14% | 1.36% | 1.49% | 1.24% | 1.33% | 1.31% |
Drawdowns
TNA vs. VRTIX - Drawdown Comparison
The maximum TNA drawdown since its inception was -88.09%, which is greater than VRTIX's maximum drawdown of -41.69%. Use the drawdown chart below to compare losses from any high point for TNA and VRTIX.
Loading graphics...
Drawdown Indicators
| TNA | VRTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.09% | -41.69% | -46.40% |
Max Drawdown (1Y)Largest decline over 1 year | -37.58% | -13.91% | -23.67% |
Max Drawdown (5Y)Largest decline over 5 years | -82.36% | -31.98% | -50.38% |
Max Drawdown (10Y)Largest decline over 10 years | -88.09% | -41.69% | -46.40% |
Current DrawdownCurrent decline from peak | -59.00% | -10.99% | -48.01% |
Average DrawdownAverage peak-to-trough decline | -33.80% | -8.48% | -25.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.80% | 3.68% | +8.12% |
Volatility
TNA vs. VRTIX - Volatility Comparison
Direxion Daily Small Cap Bull 3X Shares (TNA) has a higher volatility of 22.35% compared to Vanguard Russell 2000 Index Fund Institutional Shares (VRTIX) at 6.61%. This indicates that TNA's price experiences larger fluctuations and is considered to be riskier than VRTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TNA | VRTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.35% | 6.61% | +15.74% |
Volatility (6M)Calculated over the trailing 6-month period | 43.17% | 14.12% | +29.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.30% | 23.12% | +46.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 67.38% | 22.58% | +44.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.29% | 23.39% | +44.90% |