VRTIX vs. TNA
Compare and contrast key facts about Vanguard Russell 2000 Index Fund Institutional Shares (VRTIX) and Direxion Daily Small Cap Bull 3X Shares (TNA).
VRTIX is managed by Vanguard. It was launched on Dec 22, 2010. TNA is a passively managed fund by Direxion that tracks the performance of the Russell 2000 Index (300%). It was launched on Nov 5, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VRTIX or TNA.
Key characteristics
| VRTIX | TNA | |
|---|---|---|
| YTD Return | 19.40% | 35.98% |
| 1Y Return | 42.32% | 120.88% |
| 3Y Return (Ann) | 1.23% | -20.25% |
| 5Y Return (Ann) | 10.09% | -2.65% |
| 10Y Return (Ann) | 8.96% | 3.90% |
| Sharpe Ratio | 1.96 | 1.87 |
| Sortino Ratio | 2.81 | 2.46 |
| Omega Ratio | 1.34 | 1.30 |
| Calmar Ratio | 1.51 | 1.55 |
| Martin Ratio | 11.32 | 9.43 |
| Ulcer Index | 3.74% | 12.82% |
| Daily Std Dev | 21.62% | 64.60% |
| Max Drawdown | -41.69% | -88.09% |
| Current Drawdown | -1.77% | -51.15% |
Correlation
The correlation between VRTIX and TNA is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VRTIX vs. TNA - Performance Comparison
In the year-to-date period, VRTIX achieves a 19.40% return, which is significantly lower than TNA's 35.98% return. Over the past 10 years, VRTIX has outperformed TNA with an annualized return of 8.96%, while TNA has yielded a comparatively lower 3.90% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VRTIX vs. TNA - Expense Ratio Comparison
VRTIX has a 0.08% expense ratio, which is lower than TNA's 1.14% expense ratio.
Risk-Adjusted Performance
VRTIX vs. TNA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 2000 Index Fund Institutional Shares (VRTIX) and Direxion Daily Small Cap Bull 3X Shares (TNA). 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.
Dividends
VRTIX vs. TNA - Dividend Comparison
VRTIX's dividend yield for the trailing twelve months is around 1.21%, more than TNA's 0.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VRTIX Vanguard Russell 2000 Index Fund Institutional Shares | 1.21% | 1.46% | 1.50% | 1.15% | 0.93% | 1.36% | 1.49% | 1.24% | 1.33% | 1.31% | 1.17% | 1.08% |
TNA Direxion Daily Small Cap Bull 3X Shares | 0.81% | 1.27% | 0.31% | 0.06% | 0.03% | 0.44% | 0.36% | 0.15% | 0.00% | 0.00% | 0.59% | 1.53% |
Drawdowns
VRTIX vs. TNA - Drawdown Comparison
The maximum VRTIX drawdown since its inception was -41.69%, smaller than the maximum TNA drawdown of -88.09%. Use the drawdown chart below to compare losses from any high point for VRTIX and TNA. For additional features, visit the drawdowns tool.
Volatility
VRTIX vs. TNA - Volatility Comparison
The current volatility for Vanguard Russell 2000 Index Fund Institutional Shares (VRTIX) is 7.41%, while Direxion Daily Small Cap Bull 3X Shares (TNA) has a volatility of 21.49%. This indicates that VRTIX experiences smaller price fluctuations and is considered to be less risky than TNA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.