TYD vs. INDL
TYD (Direxion Daily 7-10 Year Treasury Bull 3X) and INDL (Direxion Daily India Bull 3x Shares) are both exchange-traded funds - TYD is a Leveraged Bonds fund tracking the NYSE 7-10 Year Treasury Bond Index, while INDL is a Leveraged Equities fund tracking the Indus India Index (300%). Both are passively managed. Over the past 10 years, TYD returned -5.55%/yr vs -1.44%/yr for INDL. At a correlation of -0.11, they often move in opposite directions. TYD charges 1.09%/yr vs 1.33%/yr for INDL.
Performance
TYD vs. INDL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TYD achieves a -8.67% return, which is significantly higher than INDL's -22.56% return. Over the past 10 years, TYD has underperformed INDL with an annualized return of -5.55%, while INDL has yielded a comparatively higher -1.44% 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%
INDL
- 1D
- 0.64%
- 1M
- -3.99%
- 6M
- -15.28%
- YTD
- -22.56%
- 1Y
- -27.00%
- 3Y*
- -2.09%
- 5Y*
- -1.52%
- 10Y*
- -1.44%
- ALL TIME*
- -6.89%
TYD vs. INDL - 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% |
INDL Direxion Daily India Bull 3x Shares | -22.56% | -3.21% | 7.56% | 26.06% | -22.88% | 40.26% | -36.43% | 3.15% | -34.29% | 127.98% |
Correlation
The correlation between TYD and INDL is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Mar 11, 2010 | -0.11 |
The correlation between TYD and INDL shifts across timeframes, from -0.11 (all time) to 0.28 (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. INDL — Risk / Return Rank
TYD
INDL
TYD vs. INDL - 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 India Bull 3x Shares (INDL). 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 | INDL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +0.94 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.86 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.29 | -0.78 | +0.48 |
| Martin ratioReturn relative to average drawdown | -0.64 | -1.56 | +0.92 |
Loading charts...
Drawdowns
TYD vs. INDL - Drawdown Comparison
The maximum TYD drawdown since its inception was -64.28%, smaller than the maximum INDL drawdown of -95.67%. Use the drawdown chart below to compare losses from any high point for TYD and INDL.
Loading charts...
Drawdown Indicators
| TYD | INDL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.28% | -95.67% | +31.39% |
Max Drawdown (1Y)Largest decline over 1 year | -13.54% | -34.85% | +21.31% |
Max Drawdown (3Y)Largest decline over 3 years | -22.32% | -47.64% | +25.32% |
Max Drawdown (5Y)Largest decline over 5 years | -59.84% | -47.64% | -12.20% |
Max Drawdown (10Y)Largest decline over 10 years | -64.28% | -91.96% | +27.68% |
Current DrawdownCurrent decline from peak | -60.31% | -78.20% | +17.89% |
Average DrawdownAverage peak-to-trough decline | -22.22% | -66.43% | +44.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.24% | 17.42% | -11.18% |
Volatility
TYD vs. INDL - Volatility Comparison
The current volatility for Direxion Daily 7-10 Year Treasury Bull 3X (TYD) is 3.93%, while Direxion Daily India Bull 3x Shares (INDL) has a volatility of 7.37%. This indicates that TYD experiences smaller price fluctuations and is considered to be less risky than INDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TYD | INDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.93% | 7.37% | -3.44% |
Volatility (6M)Calculated over the trailing 6-month period | 10.30% | 26.23% | -15.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.80% | 30.14% | -16.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.92% | 30.76% | -7.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.20% | 52.38% | -32.18% |
TYD vs. INDL - Expense Ratio Comparison
TYD has a 1.09% expense ratio, which is lower than INDL's 1.33% expense ratio.
Dividends
TYD vs. INDL - Dividend Comparison
TYD's dividend yield for the trailing twelve months is around 3.38%, more than INDL's 1.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INDL Direxion Daily India Bull 3x Shares | 1.45% | 1.42% | 2.79% | 1.65% | 0.09% | 2.35% | 0.00% | 0.68% | 0.18% | 0.31% | 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 INDL have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INDL has higher volatility (7.37%) compared to TYD (3.93%). In terms of maximum drawdown, TYD dropped -64.28% vs INDL's -95.67%.
On 10-year performance, INDL leads with -1.44% vs -5.55% for TYD. On fees, TYD is cheaper at 1.09% 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, INDL has performed better with a -1.44% return vs -5.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TYD is cheaper with a 1.09% expense ratio, compared with 1.33% for INDL.
TYD has the higher dividend yield at 3.38%, compared with 1.45% for INDL.
TYD is categorized as Leveraged Bonds, while INDL is Leveraged Equities. TYD tracks NYSE 7-10 Year Treasury Bond Index, while INDL tracks Indus India Index (300%). Their fees differ too: 1.09% for TYD and 1.33% for INDL.
TYD currently has the higher Sharpe Ratio (-0.29 vs -0.90), 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 INDL
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