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UTSL vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UTSL and SPY is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.4

Performance

UTSL vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Utilities Bull 3X Shares (UTSL) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
54.27%
180.83%
UTSL
SPY

Key characteristics

Sharpe Ratio

UTSL:

1.34

SPY:

2.21

Sortino Ratio

UTSL:

1.84

SPY:

2.93

Omega Ratio

UTSL:

1.23

SPY:

1.41

Calmar Ratio

UTSL:

0.91

SPY:

3.26

Martin Ratio

UTSL:

5.81

SPY:

14.43

Ulcer Index

UTSL:

10.72%

SPY:

1.90%

Daily Std Dev

UTSL:

46.39%

SPY:

12.41%

Max Drawdown

UTSL:

-79.55%

SPY:

-55.19%

Current Drawdown

UTSL:

-40.41%

SPY:

-2.74%

Returns By Period

In the year-to-date period, UTSL achieves a 55.43% return, which is significantly higher than SPY's 25.54% return.


UTSL

YTD

55.43%

1M

-20.00%

6M

26.36%

1Y

60.44%

5Y*

-4.18%

10Y*

N/A

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

Compare stocks, funds, or ETFs

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


UTSL vs. SPY - Expense Ratio Comparison

UTSL has a 0.99% expense ratio, which is higher than SPY's 0.09% expense ratio.


UTSL
Direxion Daily Utilities Bull 3X Shares
Expense ratio chart for UTSL: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

UTSL vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Utilities Bull 3X Shares (UTSL) and SPDR S&P 500 ETF (SPY). 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 UTSL, currently valued at 1.34, compared to the broader market0.002.004.001.342.21
The chart of Sortino ratio for UTSL, currently valued at 1.84, compared to the broader market-2.000.002.004.006.008.0010.001.842.93
The chart of Omega ratio for UTSL, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.001.231.41
The chart of Calmar ratio for UTSL, currently valued at 0.91, compared to the broader market0.005.0010.0015.000.913.26
The chart of Martin ratio for UTSL, currently valued at 5.81, compared to the broader market0.0020.0040.0060.0080.00100.005.8114.43
UTSL
SPY

The current UTSL Sharpe Ratio is 1.34, which is lower than the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of UTSL and SPY, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.34
2.21
UTSL
SPY

Dividends

UTSL vs. SPY - Dividend Comparison

UTSL's dividend yield for the trailing twelve months is around 1.28%, more than SPY's 0.86% yield.


TTM20232022202120202019201820172016201520142013
UTSL
Direxion Daily Utilities Bull 3X Shares
1.28%3.61%1.15%1.20%1.40%5.01%1.46%0.57%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
0.86%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

UTSL vs. SPY - Drawdown Comparison

The maximum UTSL drawdown since its inception was -79.55%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for UTSL and SPY. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-40.41%
-2.74%
UTSL
SPY

Volatility

UTSL vs. SPY - Volatility Comparison

Direxion Daily Utilities Bull 3X Shares (UTSL) has a higher volatility of 14.92% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that UTSL's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
14.92%
3.72%
UTSL
SPY
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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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