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

Correlation

The correlation between TYO and TYD is -0.87. 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.


-0.50.00.51.0-0.9

Performance

TYO vs. TYD - 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 Direxion Daily 7-10 Year Treasury Bull 3X (TYD). The values are adjusted to include any dividend payments, if applicable.

-80.00%-60.00%-40.00%-20.00%0.00%20.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
-71.54%
19.95%
TYO
TYD

Key characteristics

Sharpe Ratio

TYO:

0.56

TYD:

-0.39

Sortino Ratio

TYO:

0.95

TYD:

-0.42

Omega Ratio

TYO:

1.11

TYD:

0.95

Calmar Ratio

TYO:

0.14

TYD:

-0.13

Martin Ratio

TYO:

1.25

TYD:

-0.76

Ulcer Index

TYO:

9.31%

TYD:

10.39%

Daily Std Dev

TYO:

20.63%

TYD:

20.22%

Max Drawdown

TYO:

-89.25%

TYD:

-64.28%

Current Drawdown

TYO:

-77.98%

TYD:

-59.63%

Returns By Period

In the year-to-date period, TYO achieves a 14.51% return, which is significantly higher than TYD's -10.68% return. Over the past 10 years, TYO has outperformed TYD with an annualized return of -1.48%, while TYD has yielded a comparatively lower -3.66% annualized return.


TYO

YTD

14.51%

1M

-0.99%

6M

5.18%

1Y

14.40%

5Y (annualized)

7.55%

10Y (annualized)

-1.48%

TYD

YTD

-10.68%

1M

1.07%

6M

-3.74%

1Y

-10.30%

5Y (annualized)

-11.40%

10Y (annualized)

-3.66%

Compare stocks, funds, or ETFs

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


TYO vs. TYD - Expense Ratio Comparison

TYO has a 1.08% expense ratio, which is lower than TYD's 1.09% 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 TYO: current value at 1.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.08%

Risk-Adjusted Performance

TYO vs. TYD - 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 Direxion Daily 7-10 Year Treasury Bull 3X (TYD). 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 TYO, currently valued at 0.56, compared to the broader market0.002.004.000.56-0.39
The chart of Sortino ratio for TYO, currently valued at 0.95, compared to the broader market-2.000.002.004.006.008.0010.0012.000.95-0.42
The chart of Omega ratio for TYO, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.001.110.95
The chart of Calmar ratio for TYO, currently valued at 0.14, compared to the broader market0.005.0010.0015.000.14-0.13
The chart of Martin ratio for TYO, currently valued at 1.25, compared to the broader market0.0020.0040.0060.0080.00100.001.25-0.76
TYO
TYD

The current TYO Sharpe Ratio is 0.56, which is higher than the TYD Sharpe Ratio of -0.39. The chart below compares the historical Sharpe Ratios of TYO and TYD, 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
0.56
-0.39
TYO
TYD

Dividends

TYO vs. TYD - Dividend Comparison

TYO's dividend yield for the trailing twelve months is around 4.55%, more than TYD's 3.20% yield.


TTM202320222021202020192018201720162015
TYO
Direxion Daily 7-10 Year Treasury Bear 3X
4.55%3.62%0.09%0.00%0.37%1.57%0.32%0.00%0.00%0.00%
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%

Drawdowns

TYO vs. TYD - Drawdown Comparison

The maximum TYO drawdown since its inception was -89.25%, which is greater than TYD's maximum drawdown of -64.28%. Use the drawdown chart below to compare losses from any high point for TYO and TYD. For additional features, visit the drawdowns tool.


-80.00%-75.00%-70.00%-65.00%-60.00%-55.00%JulyAugustSeptemberOctoberNovemberDecember
-77.98%
-59.63%
TYO
TYD

Volatility

TYO vs. TYD - Volatility Comparison

Direxion Daily 7-10 Year Treasury Bear 3X (TYO) and Direxion Daily 7-10 Year Treasury Bull 3X (TYD) have volatilities of 4.76% and 4.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
4.76%
4.74%
TYO
TYD
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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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