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TYO vs. PFIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TYO and PFIX is -0.07. 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
Correlation: -0.1

Performance

TYO vs. PFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily 7-10 Year Treasury Bear 3X (TYO) and Simplify Interest Rate Hedge ETF (PFIX). The values are adjusted to include any dividend payments, if applicable.

60.00%70.00%80.00%90.00%100.00%110.00%120.00%NovemberDecember2025FebruaryMarchApril
65.21%
96.75%
TYO
PFIX

Key characteristics

Sharpe Ratio

TYO:

-0.32

PFIX:

0.13

Sortino Ratio

TYO:

-0.32

PFIX:

0.50

Omega Ratio

TYO:

0.96

PFIX:

1.05

Calmar Ratio

TYO:

-0.08

PFIX:

0.14

Martin Ratio

TYO:

-0.61

PFIX:

0.35

Ulcer Index

TYO:

10.38%

PFIX:

15.23%

Daily Std Dev

TYO:

19.93%

PFIX:

40.15%

Max Drawdown

TYO:

-89.25%

PFIX:

-39.52%

Current Drawdown

TYO:

-78.69%

PFIX:

-13.19%

Returns By Period

In the year-to-date period, TYO achieves a -6.82% return, which is significantly lower than PFIX's 1.70% return.


TYO

YTD

-6.82%

1M

-2.15%

6M

0.46%

1Y

-8.28%

5Y*

13.79%

10Y*

-1.09%

PFIX

YTD

1.70%

1M

5.76%

6M

10.83%

1Y

-0.80%

5Y*

N/A

10Y*

N/A

*Annualized

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TYO vs. PFIX - Expense Ratio Comparison

TYO has a 1.08% expense ratio, which is higher than PFIX's 0.50% expense ratio.


Expense ratio chart for TYO: current value is 1.08%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
TYO: 1.08%
Expense ratio chart for PFIX: current value is 0.50%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PFIX: 0.50%

Risk-Adjusted Performance

TYO vs. PFIX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TYO
The Risk-Adjusted Performance Rank of TYO is 1010
Overall Rank
The Sharpe Ratio Rank of TYO is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of TYO is 77
Sortino Ratio Rank
The Omega Ratio Rank of TYO is 88
Omega Ratio Rank
The Calmar Ratio Rank of TYO is 1414
Calmar Ratio Rank
The Martin Ratio Rank of TYO is 1010
Martin Ratio Rank

PFIX
The Risk-Adjusted Performance Rank of PFIX is 3131
Overall Rank
The Sharpe Ratio Rank of PFIX is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of PFIX is 3838
Sortino Ratio Rank
The Omega Ratio Rank of PFIX is 3232
Omega Ratio Rank
The Calmar Ratio Rank of PFIX is 3131
Calmar Ratio Rank
The Martin Ratio Rank of PFIX is 2626
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TYO vs. PFIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily 7-10 Year Treasury Bear 3X (TYO) and Simplify Interest Rate Hedge ETF (PFIX). 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.


The chart of Sharpe ratio for TYO, currently valued at -0.32, compared to the broader market-1.000.001.002.003.004.00
TYO: -0.32
PFIX: 0.13
The chart of Sortino ratio for TYO, currently valued at -0.32, compared to the broader market-2.000.002.004.006.008.00
TYO: -0.32
PFIX: 0.50
The chart of Omega ratio for TYO, currently valued at 0.96, compared to the broader market0.501.001.502.002.50
TYO: 0.96
PFIX: 1.05
The chart of Calmar ratio for TYO, currently valued at -0.26, compared to the broader market0.002.004.006.008.0010.0012.00
TYO: -0.26
PFIX: 0.14
The chart of Martin ratio for TYO, currently valued at -0.61, compared to the broader market0.0020.0040.0060.00
TYO: -0.61
PFIX: 0.35

The current TYO Sharpe Ratio is -0.32, which is lower than the PFIX Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of TYO and PFIX, 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-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
-0.32
0.13
TYO
PFIX

Dividends

TYO vs. PFIX - Dividend Comparison

TYO's dividend yield for the trailing twelve months is around 4.26%, more than PFIX's 3.29% yield.


TTM2024202320222021202020192018
TYO
Direxion Daily 7-10 Year Treasury Bear 3X
4.26%4.22%3.62%0.09%0.00%0.37%1.57%0.32%
PFIX
Simplify Interest Rate Hedge ETF
3.29%3.40%80.99%0.63%0.00%0.00%0.00%0.00%

Drawdowns

TYO vs. PFIX - Drawdown Comparison

The maximum TYO drawdown since its inception was -89.25%, which is greater than PFIX's maximum drawdown of -39.52%. Use the drawdown chart below to compare losses from any high point for TYO and PFIX. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-12.60%
-13.19%
TYO
PFIX

Volatility

TYO vs. PFIX - Volatility Comparison

The current volatility for Direxion Daily 7-10 Year Treasury Bear 3X (TYO) is 7.89%, while Simplify Interest Rate Hedge ETF (PFIX) has a volatility of 16.33%. This indicates that TYO experiences smaller price fluctuations and is considered to be less risky than PFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2025FebruaryMarchApril
7.89%
16.33%
TYO
PFIX