TYD vs. DPST
TYD (Direxion Daily 7-10 Year Treasury Bull 3X) and DPST (Direxion Daily Regional Banks Bull 3X Shares) are both exchange-traded funds - TYD is a Leveraged Bonds fund tracking the NYSE 7-10 Year Treasury Bond Index, while DPST is a Leveraged Equities fund tracking the Solactive US Regional Banks Total Return Index (300%). Both are passively managed. Over the past 10 years, TYD returned -5.55%/yr vs -11.52%/yr for DPST. At a correlation of -0.19, they often move in opposite directions. TYD charges 1.09%/yr vs 0.99%/yr for DPST.
Performance
TYD vs. DPST - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TYD achieves a -8.67% return, which is significantly lower than DPST's 45.84% return. Over the past 10 years, TYD has outperformed DPST with an annualized return of -5.55%, while DPST has yielded a comparatively lower -11.52% annualized return.
TYD
- 1D
- -0.78%
- 1M
- -3.38%
- 6M
- -6.39%
- YTD
- -8.67%
- 1Y
- -3.97%
- 3Y*
- -4.77%
- 5Y*
- -14.54%
- 10Y*
- -5.55%
- ALL TIME*
- 0.96%
DPST
- 1D
- 0.09%
- 1M
- 19.32%
- 6M
- 33.56%
- YTD
- 45.84%
- 1Y
- 46.05%
- 3Y*
- 26.28%
- 5Y*
- -14.08%
- 10Y*
- -11.52%
- ALL TIME*
- -13.01%
TYD vs. DPST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TYD Direxion Daily 7-10 Year Treasury Bull 3X | -8.67% | 11.68% | -13.89% | -2.87% | -43.32% | -11.36% | 27.62% | 17.88% | 0.76% | 5.64% |
DPST Direxion Daily Regional Banks Bull 3X Shares | 45.84% | -5.90% | 15.48% | -55.79% | -54.10% | 108.31% | -76.53% | 70.65% | -56.75% | 7.28% |
Correlation
The correlation between TYD and DPST is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.00 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.19 |
Correlation (All Time) Calculated using the full available price history since Aug 19, 2015 | -0.19 |
The correlation between TYD and DPST shifts across timeframes, from -0.19 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TYD vs. DPST — Risk / Return Rank
TYD
DPST
TYD vs. DPST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily 7-10 Year Treasury Bull 3X (TYD) and Direxion Daily Regional Banks Bull 3X Shares (DPST). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TYD | DPST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.63 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.17 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | -0.29 | 1.14 | -1.44 |
| Martin ratioReturn relative to average drawdown | -0.64 | 2.54 | -3.18 |
Loading charts...
Drawdowns
TYD vs. DPST - Drawdown Comparison
The maximum TYD drawdown since its inception was -64.28%, smaller than the maximum DPST drawdown of -97.73%. Use the drawdown chart below to compare losses from any high point for TYD and DPST.
Loading charts...
Drawdown Indicators
| TYD | DPST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.28% | -97.73% | +33.45% |
Max Drawdown (1Y)Largest decline over 1 year | -13.54% | -40.44% | +26.90% |
Max Drawdown (3Y)Largest decline over 3 years | -22.32% | -68.38% | +46.06% |
Max Drawdown (5Y)Largest decline over 5 years | -59.84% | -93.99% | +34.15% |
Max Drawdown (10Y)Largest decline over 10 years | -64.28% | -97.73% | +33.45% |
Current DrawdownCurrent decline from peak | -60.31% | -91.07% | +30.76% |
Average DrawdownAverage peak-to-trough decline | -22.22% | -64.44% | +42.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.24% | 18.15% | -11.91% |
Volatility
TYD vs. DPST - Volatility Comparison
The current volatility for Direxion Daily 7-10 Year Treasury Bull 3X (TYD) is 3.93%, while Direxion Daily Regional Banks Bull 3X Shares (DPST) has a volatility of 17.32%. This indicates that TYD experiences smaller price fluctuations and is considered to be less risky than DPST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TYD | DPST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.93% | 17.32% | -13.39% |
Volatility (6M)Calculated over the trailing 6-month period | 10.30% | 49.05% | -38.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.80% | 68.34% | -54.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.92% | 88.45% | -65.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.20% | 94.22% | -74.02% |
TYD vs. DPST - Expense Ratio Comparison
TYD has a 1.09% expense ratio, which is higher than DPST's 0.99% expense ratio.
Dividends
TYD vs. DPST - Dividend Comparison
TYD's dividend yield for the trailing twelve months is around 3.38%, more than DPST's 1.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DPST Direxion Daily Regional Banks Bull 3X Shares | 1.50% | 2.18% | 1.55% | 1.78% | 1.51% | 0.58% | 0.90% | 1.29% | 2.18% | 0.30% | 0.00% | 0.00% |
TYD Direxion Daily 7-10 Year Treasury Bull 3X | 3.38% | 2.97% | 3.10% | 2.71% | 0.55% | 0.00% | 9.80% | 0.92% | 1.10% | 0.01% | 6.84% | 1.65% |
Frequently Asked Questions
TYD and DPST have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DPST has higher volatility (17.32%) compared to TYD (3.93%). In terms of maximum drawdown, TYD dropped -64.28% vs DPST's -97.73%.
On 10-year performance, TYD leads with -5.55% vs -11.52% for DPST. On fees, DPST is cheaper at 0.99% per year. On volatility, TYD has been the lower-risk option at 3.93%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, TYD has performed better with a -5.55% return vs -11.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DPST is cheaper with a 0.99% expense ratio, compared with 1.09% for TYD.
TYD has the higher dividend yield at 3.38%, compared with 1.50% for DPST.
TYD is categorized as Leveraged Bonds, while DPST is Leveraged Equities. TYD tracks NYSE 7-10 Year Treasury Bond Index, while DPST tracks Solactive US Regional Banks Total Return Index (300%). Their fees differ too: 1.09% for TYD and 0.99% for DPST.
DPST currently has the higher Sharpe Ratio (0.68 vs -0.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for TYD and DPST
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer