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

Correlation

The correlation between TYD and SAIC is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.1

Performance

TYD vs. SAIC - 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 Science Applications International Corporation (SAIC). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%500.00%JulyAugustSeptemberOctoberNovemberDecember
-10.59%
344.28%
TYD
SAIC

Key characteristics

Sharpe Ratio

TYD:

-0.39

SAIC:

-0.41

Sortino Ratio

TYD:

-0.42

SAIC:

-0.33

Omega Ratio

TYD:

0.95

SAIC:

0.94

Calmar Ratio

TYD:

-0.13

SAIC:

-0.44

Martin Ratio

TYD:

-0.76

SAIC:

-1.04

Ulcer Index

TYD:

10.39%

SAIC:

11.19%

Daily Std Dev

TYD:

20.22%

SAIC:

28.40%

Max Drawdown

TYD:

-64.28%

SAIC:

-45.92%

Current Drawdown

TYD:

-59.63%

SAIC:

-26.63%

Returns By Period

In the year-to-date period, TYD achieves a -10.68% return, which is significantly lower than SAIC's -8.00% return. Over the past 10 years, TYD has underperformed SAIC with an annualized return of -3.66%, while SAIC has yielded a comparatively higher 10.58% annualized return.


TYD

YTD

-10.68%

1M

1.07%

6M

-3.74%

1Y

-10.30%

5Y (annualized)

-11.40%

10Y (annualized)

-3.66%

SAIC

YTD

-8.00%

1M

-23.61%

6M

0.19%

1Y

-9.44%

5Y (annualized)

7.68%

10Y (annualized)

10.58%

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Risk-Adjusted Performance

TYD vs. SAIC - 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 Science Applications International Corporation (SAIC). 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 -0.39, compared to the broader market0.002.004.00-0.39-0.41
The chart of Sortino ratio for TYD, currently valued at -0.42, compared to the broader market-2.000.002.004.006.008.0010.0012.00-0.42-0.33
The chart of Omega ratio for TYD, currently valued at 0.95, compared to the broader market0.501.001.502.002.503.000.950.94
The chart of Calmar ratio for TYD, currently valued at -0.13, compared to the broader market0.005.0010.0015.00-0.13-0.44
The chart of Martin ratio for TYD, currently valued at -0.76, compared to the broader market0.0020.0040.0060.0080.00100.00-0.76-1.04
TYD
SAIC

The current TYD Sharpe Ratio is -0.39, which is comparable to the SAIC Sharpe Ratio of -0.41. The chart below compares the historical Sharpe Ratios of TYD and SAIC, 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-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
-0.39
-0.41
TYD
SAIC

Dividends

TYD vs. SAIC - Dividend Comparison

TYD's dividend yield for the trailing twelve months is around 3.20%, more than SAIC's 1.31% 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%
SAIC
Science Applications International Corporation
1.31%1.19%1.33%1.77%1.56%1.63%1.95%1.62%1.46%2.58%2.26%0.85%

Drawdowns

TYD vs. SAIC - Drawdown Comparison

The maximum TYD drawdown since its inception was -64.28%, which is greater than SAIC's maximum drawdown of -45.92%. Use the drawdown chart below to compare losses from any high point for TYD and SAIC. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-59.63%
-26.63%
TYD
SAIC

Volatility

TYD vs. SAIC - Volatility Comparison

The current volatility for Direxion Daily 7-10 Year Treasury Bull 3X (TYD) is 4.74%, while Science Applications International Corporation (SAIC) has a volatility of 17.04%. This indicates that TYD experiences smaller price fluctuations and is considered to be less risky than SAIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
4.74%
17.04%
TYD
SAIC
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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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