TTDU vs. ERX

Last updated Apr 2, 2026

Compare and contrast key facts about T-REX 2X Long TTD Daily Target ETF (TTDU) and Direxion Daily Energy Bull 2X Shares (ERX).

TTDU and ERX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TTDU is an actively managed fund by T-Rex. It was launched on Sep 16, 2025. ERX is a passively managed fund by Direxion that tracks the performance of the Energy Select Sector Index (300%). It was launched on Apr 1, 2020.

Performance

TTDU vs. ERX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long TTD Daily Target ETF (TTDU) and Direxion Daily Energy Bull 2X Shares (ERX). The values are adjusted to include any dividend payments, if applicable.

TTDU vs. ERX - Yearly Performance Comparison

	2026 (YTD)	2025
TTDU T-REX 2X Long TTD Daily Target ETF	-71.52%	-37.11%
ERX Direxion Daily Energy Bull 2X Shares	71.72%	-0.45%

Returns By Period

In the year-to-date period, TTDU achieves a -71.52% return, which is significantly lower than ERX's 71.72% return.

TTDU

• 1D: -6.35%
• 1M: -23.71%
• YTD: -71.52%
• 6M: -84.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ERX

• 1D: -7.39%
• 1M: 7.35%
• YTD: 71.72%
• 6M: 71.12%
• 1Y: 48.19%
• 3Y*: 21.00%
• 5Y*: 34.47%
• 10Y*: -6.32%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TTDU vs. ERX - Expense Ratio Comparison

TTDU has a 1.50% expense ratio, which is higher than ERX's 1.09% expense ratio.

TTDU

T-REX 2X Long TTD Daily Target ETF

ERX

Direxion Daily Energy Bull 2X Shares

Return for Risk

TTDU vs. ERX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ERX

ERX Risk / Return Rank: 48
ERX Sharpe Ratio Rank: 52
ERX Sortino Ratio Rank: 51
ERX Omega Ratio Rank: 53
ERX Calmar Ratio Rank: 52
ERX Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TTDU vs. ERX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long TTD Daily Target ETF (TTDU) and Direxion Daily Energy Bull 2X Shares (ERX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TTDU	ERX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.97	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.95	-0.09	-0.86

Correlation

The correlation between TTDU and ERX is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TTDU vs. ERX - Dividend Comparison

TTDU has not paid dividends to shareholders, while ERX's dividend yield for the trailing twelve months is around 1.56%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
TTDU T-REX 2X Long TTD Daily Target ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ERX Direxion Daily Energy Bull 2X Shares	1.56%	2.54%	2.94%	3.17%	2.23%	2.16%	2.35%	1.56%	3.10%	0.85%

Drawdowns

TTDU vs. ERX - Drawdown Comparison

The maximum TTDU drawdown since its inception was -87.87%, smaller than the maximum ERX drawdown of -99.54%. Use the drawdown chart below to compare losses from any high point for TTDU and ERX.

Drawdown Indicators

	TTDU	ERX	Difference
Max Drawdown Largest peak-to-trough decline	-87.87%	-99.54%	+11.67%
Max Drawdown (1Y) Largest decline over 1 year	—	-35.17%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.90%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-98.59%	—
Current Drawdown Current decline from peak	-87.17%	-91.33%	+4.16%
Average Drawdown Average peak-to-trough decline	-50.23%	-66.78%	+16.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	17.26%	—

Volatility

Volatility by Period

	TTDU	ERX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.01%	—
Volatility (6M) Calculated over the trailing 6-month period	—	29.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	101.40%	50.15%	+51.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	101.40%	52.18%	+49.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	101.40%	69.25%	+32.15%