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 -5.12%/yr vs 0.22%/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 -5.80% return, which is significantly higher than INDL's -23.37% return. Over the past 10 years, TYD has underperformed INDL with an annualized return of -5.12%, while INDL has yielded a comparatively higher 0.22% annualized return.
TYD
- 1D
- -0.33%
- 1M
- 2.41%
- YTD
- -5.80%
- 6M
- -5.59%
- 1Y
- 0.17%
- 3Y*
- -3.95%
- 5Y*
- -13.19%
- 10Y*
- -5.12%
INDL
- 1D
- 2.23%
- 1M
- 0.62%
- YTD
- -23.37%
- 6M
- -20.84%
- 1Y
- -26.49%
- 3Y*
- -0.01%
- 5Y*
- -2.48%
- 10Y*
- 0.22%
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 | -5.80% | 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 | -23.37% | -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 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
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 0.26 (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 | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 0.85 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | -0.75 | +0.67 |
| Martin ratioReturn relative to average drawdown | -0.20 | -1.55 | +1.35 |
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% | -37.82% | +24.28% |
Max Drawdown (3Y)Largest decline over 3 years | -24.62% | -47.64% | +23.02% |
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 | -59.06% | -78.43% | +19.37% |
Average DrawdownAverage peak-to-trough decline | -22.00% | -66.36% | +44.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.30% | 18.35% | -13.05% |
Volatility
TYD vs. INDL - Volatility Comparison
The current volatility for Direxion Daily 7-10 Year Treasury Bull 3X (TYD) is 4.49%, while Direxion Daily India Bull 3x Shares (INDL) has a volatility of 8.12%. 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 | 4.49% | 8.12% | -3.63% |
Volatility (6M)Calculated over the trailing 6-month period | 9.76% | 25.59% | -15.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.86% | 29.71% | -15.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.97% | 30.62% | -7.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.36% | 52.69% | -32.33% |
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 3.22%, more than INDL's 1.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INDL Direxion Daily India Bull 3x Shares | 1.64% | 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 | 3.22% | 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 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INDL has higher volatility (8.12%) compared to TYD (4.49%). In terms of maximum drawdown, TYD dropped -64.28% vs INDL's -95.67%.
On 10-year performance, INDL leads with 0.22% vs -5.12% for TYD. On fees, TYD is cheaper at 1.09% per year. On volatility, TYD has been the lower-risk option at 4.49%. 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 0.22% return vs -5.12%. 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 3.22%, compared with 1.64% 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 (-0.08 vs -0.96), 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