URAA vs. SPXS
Compare and contrast key facts about Direxion Daily Uranium Industry Bull 2X Shares (URAA) and Direxion Daily S&P 500 Bear 3X Shares (SPXS).
URAA and SPXS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. URAA is a passively managed fund by Direxion that tracks the performance of the Solactive United States Uranium and Nuclear Energy ETF Select Index (200%). It was launched on Jun 25, 2024. SPXS is a passively managed fund by Direxion that tracks the performance of the S&P 500 Index (-300%). It was launched on Nov 5, 2008. Both URAA and SPXS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
URAA vs. SPXS - Performance Comparison
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URAA vs. SPXS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
URAA Direxion Daily Uranium Industry Bull 2X Shares | 17.77% | 88.33% | -26.53% |
SPXS Direxion Daily S&P 500 Bear 3X Shares | 12.54% | -41.53% | -17.50% |
Returns By Period
In the year-to-date period, URAA achieves a 17.77% return, which is significantly higher than SPXS's 12.54% return.
URAA
- 1D
- 3.28%
- 1M
- -27.08%
- YTD
- 17.77%
- 6M
- -6.10%
- 1Y
- 227.31%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPXS
- 1D
- -2.35%
- 1M
- 13.44%
- YTD
- 12.54%
- 6M
- 6.78%
- 1Y
- -42.12%
- 3Y*
- -36.76%
- 5Y*
- -31.62%
- 10Y*
- -39.93%
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URAA vs. SPXS - Expense Ratio Comparison
URAA has a 1.28% expense ratio, which is higher than SPXS's 1.08% expense ratio.
Return for Risk
URAA vs. SPXS — Risk / Return Rank
URAA
SPXS
URAA vs. SPXS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Uranium Industry Bull 2X Shares (URAA) and Direxion Daily S&P 500 Bear 3X Shares (SPXS). 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.
| URAA | SPXS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.42 | -0.77 | +3.20 |
Sortino ratioReturn per unit of downside risk | 2.74 | -0.97 | +3.71 |
Omega ratioGain probability vs. loss probability | 1.34 | 0.86 | +0.47 |
Calmar ratioReturn relative to maximum drawdown | 4.73 | -0.66 | +5.38 |
Martin ratioReturn relative to average drawdown | 10.35 | -0.76 | +11.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| URAA | SPXS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.42 | -0.77 | +3.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.63 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.75 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | -0.81 | +1.18 |
Correlation
The correlation between URAA and SPXS is -0.51. 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.
Dividends
URAA vs. SPXS - Dividend Comparison
URAA's dividend yield for the trailing twelve months is around 8.64%, more than SPXS's 3.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
URAA Direxion Daily Uranium Industry Bull 2X Shares | 8.64% | 9.14% | 4.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPXS Direxion Daily S&P 500 Bear 3X Shares | 3.25% | 4.93% | 6.18% | 5.66% | 0.00% | 0.00% | 0.51% | 1.74% | 0.58% |
Drawdowns
URAA vs. SPXS - Drawdown Comparison
The maximum URAA drawdown since its inception was -67.45%, smaller than the maximum SPXS drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for URAA and SPXS.
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Drawdown Indicators
| URAA | SPXS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.45% | -100.00% | +32.55% |
Max Drawdown (1Y)Largest decline over 1 year | -49.11% | -65.10% | +15.99% |
Max Drawdown (5Y)Largest decline over 5 years | — | -87.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.52% | — |
Current DrawdownCurrent decline from peak | -40.70% | -100.00% | +59.30% |
Average DrawdownAverage peak-to-trough decline | -26.36% | -96.27% | +69.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.44% | 55.82% | -33.38% |
Volatility
URAA vs. SPXS - Volatility Comparison
Direxion Daily Uranium Industry Bull 2X Shares (URAA) has a higher volatility of 28.01% compared to Direxion Daily S&P 500 Bear 3X Shares (SPXS) at 16.19%. This indicates that URAA's price experiences larger fluctuations and is considered to be riskier than SPXS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| URAA | SPXS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.01% | 16.19% | +11.82% |
Volatility (6M)Calculated over the trailing 6-month period | 73.94% | 28.36% | +45.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 94.44% | 54.64% | +39.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 88.30% | 50.41% | +37.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 88.30% | 53.49% | +34.81% |