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TYD vs. EDV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TYD and EDV is 0.80, 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.


-0.50.00.51.00.8

Performance

TYD vs. EDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily 7-10 Year Treasury Bull 3X (TYD) and Vanguard Extended Duration Treasury ETF (EDV). The values are adjusted to include any dividend payments, if applicable.

20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
20.00%
38.42%
TYD
EDV

Key characteristics

Sharpe Ratio

TYD:

-0.50

EDV:

-0.46

Sortino Ratio

TYD:

-0.57

EDV:

-0.52

Omega Ratio

TYD:

0.93

EDV:

0.94

Calmar Ratio

TYD:

-0.16

EDV:

-0.16

Martin Ratio

TYD:

-0.95

EDV:

-0.97

Ulcer Index

TYD:

10.49%

EDV:

9.45%

Daily Std Dev

TYD:

20.03%

EDV:

19.80%

Max Drawdown

TYD:

-64.28%

EDV:

-59.96%

Current Drawdown

TYD:

-59.61%

EDV:

-52.35%

Returns By Period

In the year-to-date period, TYD achieves a -10.65% return, which is significantly lower than EDV's -8.55% return. Over the past 10 years, TYD has underperformed EDV with an annualized return of -3.30%, while EDV has yielded a comparatively higher -1.87% annualized return.


TYD

YTD

-10.65%

1M

1.15%

6M

-3.70%

1Y

-9.17%

5Y (annualized)

-11.12%

10Y (annualized)

-3.30%

EDV

YTD

-8.55%

1M

1.48%

6M

-4.20%

1Y

-8.17%

5Y (annualized)

-8.32%

10Y (annualized)

-1.87%

Compare stocks, funds, or ETFs

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


TYD vs. EDV - Expense Ratio Comparison

TYD has a 1.09% expense ratio, which is higher than EDV's 0.06% expense ratio.


TYD
Direxion Daily 7-10 Year Treasury Bull 3X
Expense ratio chart for TYD: current value at 1.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.09%
Expense ratio chart for EDV: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

TYD vs. EDV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily 7-10 Year Treasury Bull 3X (TYD) and Vanguard Extended Duration Treasury ETF (EDV). 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.


Sharpe ratio
The chart of Sharpe ratio for TYD, currently valued at -0.50, compared to the broader market0.002.004.00-0.50-0.46
The chart of Sortino ratio for TYD, currently valued at -0.57, compared to the broader market-2.000.002.004.006.008.0010.00-0.57-0.52
The chart of Omega ratio for TYD, currently valued at 0.93, compared to the broader market0.501.001.502.002.503.000.930.94
The chart of Calmar ratio for TYD, currently valued at -0.16, compared to the broader market0.005.0010.0015.00-0.16-0.16
The chart of Martin ratio for TYD, currently valued at -0.95, compared to the broader market0.0020.0040.0060.0080.00100.00-0.95-0.97
TYD
EDV

The current TYD Sharpe Ratio is -0.50, which is comparable to the EDV Sharpe Ratio of -0.46. The chart below compares the historical Sharpe Ratios of TYD and EDV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
-0.50
-0.46
TYD
EDV

Dividends

TYD vs. EDV - Dividend Comparison

TYD's dividend yield for the trailing twelve months is around 3.20%, less than EDV's 4.25% yield.


TTM20232022202120202019201820172016201520142013
TYD
Direxion Daily 7-10 Year Treasury Bull 3X
3.20%2.71%0.55%0.00%9.80%0.92%1.10%0.01%6.84%1.64%0.00%0.00%
EDV
Vanguard Extended Duration Treasury ETF
4.25%3.55%3.28%1.95%5.54%3.51%2.90%2.92%5.32%4.24%3.12%5.03%

Drawdowns

TYD vs. EDV - Drawdown Comparison

The maximum TYD drawdown since its inception was -64.28%, which is greater than EDV's maximum drawdown of -59.96%. Use the drawdown chart below to compare losses from any high point for TYD and EDV. For additional features, visit the drawdowns tool.


-60.00%-55.00%-50.00%-45.00%JulyAugustSeptemberOctoberNovemberDecember
-59.61%
-52.35%
TYD
EDV

Volatility

TYD vs. EDV - Volatility Comparison

The current volatility for Direxion Daily 7-10 Year Treasury Bull 3X (TYD) is 4.74%, while Vanguard Extended Duration Treasury ETF (EDV) has a volatility of 5.76%. This indicates that TYD experiences smaller price fluctuations and is considered to be less risky than EDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
4.74%
5.76%
TYD
EDV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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