WANT vs. ^SIXY

Last updated Apr 2, 2026

Compare and contrast key facts about Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) and Consumer Discretionary Select Sector Index (^SIXY).

WANT is a passively managed fund by Direxion that tracks the performance of the S&P Consumer Discretionary Select Sector Index (-300%). It was launched on Nov 29, 2018.

Performance

WANT vs. ^SIXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) and Consumer Discretionary Select Sector Index (^SIXY). The values are adjusted to include any dividend payments, if applicable.

WANT vs. ^SIXY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
WANT Direxion Daily Consumer Discretionary Bull 3X Shares	-25.85%	-6.94%	60.52%	114.43%	-83.03%	84.81%	45.26%	90.07%	-24.91%
^SIXY Consumer Discretionary Select Sector Index	-8.01%	6.49%	25.46%	38.43%	-36.80%	27.10%	28.30%	26.71%	-7.45%

Returns By Period

In the year-to-date period, WANT achieves a -25.85% return, which is significantly lower than ^SIXY's -8.01% return.

WANT

• 1D: 2.40%
• 1M: -15.41%
• YTD: -25.85%
• 6M: -31.24%
• 1Y: 4.43%
• 3Y*: 17.73%
• 5Y*: -7.87%
• 10Y*: —

^SIXY

• 1D: 0.79%
• 1M: -4.79%
• YTD: -8.01%
• 6M: -8.90%
• 1Y: 10.06%
• 3Y*: 13.69%
• 5Y*: 5.34%
• 10Y*: 10.74%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

WANT vs. ^SIXY — Risk / Return Rank

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

WANT

WANT Risk / Return Rank: 17
WANT Sharpe Ratio Rank: 13
WANT Sortino Ratio Rank: 21
WANT Omega Ratio Rank: 19
WANT Calmar Ratio Rank: 15
WANT Martin Ratio Rank: 15

^SIXY

^SIXY Risk / Return Rank: 42
^SIXY Sharpe Ratio Rank: 31
^SIXY Sortino Ratio Rank: 30
^SIXY Omega Ratio Rank: 30
^SIXY Calmar Ratio Rank: 59
^SIXY Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WANT vs. ^SIXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) and Consumer Discretionary Select Sector Index (^SIXY). 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.

	WANT	^SIXY	Difference
Sharpe ratio Return per unit of total volatility	0.06	0.42	-0.36
Sortino ratio Return per unit of downside risk	0.61	0.79	-0.18
Omega ratio Gain probability vs. loss probability	1.08	1.10	-0.02
Calmar ratio Return relative to maximum drawdown	0.18	1.42	-1.24
Martin ratio Return relative to average drawdown	0.52	5.11	-4.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WANT vs. ^SIXY - Sharpe Ratio Comparison

The current WANT Sharpe Ratio is 0.06, which is lower than the ^SIXY Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of WANT and ^SIXY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WANT	^SIXY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.06	0.42	-0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.11	0.22	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.67	-0.59

Correlation

The correlation between WANT and ^SIXY is 0.99, 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.

Drawdowns

WANT vs. ^SIXY - Drawdown Comparison

The maximum WANT drawdown since its inception was -85.89%, which is greater than ^SIXY's maximum drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for WANT and ^SIXY.

Drawdown Indicators

	WANT	^SIXY	Difference
Max Drawdown Largest peak-to-trough decline	-85.89%	-40.25%	-45.64%
Max Drawdown (1Y) Largest decline over 1 year	-41.27%	-15.17%	-26.10%
Max Drawdown (5Y) Largest decline over 5 years	-85.89%	-40.25%	-45.64%
Max Drawdown (10Y) Largest decline over 10 years	—	-40.25%	—
Current Drawdown Current decline from peak	-64.26%	-11.81%	-52.45%
Average Drawdown Average peak-to-trough decline	-42.74%	-6.86%	-35.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.06%	4.21%	+9.85%

Volatility

WANT vs. ^SIXY - Volatility Comparison

Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) has a higher volatility of 22.02% compared to Consumer Discretionary Select Sector Index (^SIXY) at 7.10%. This indicates that WANT's price experiences larger fluctuations and is considered to be riskier than ^SIXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WANT	^SIXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.02%	7.10%	+14.92%
Volatility (6M) Calculated over the trailing 6-month period	40.68%	13.60%	+27.08%
Volatility (1Y) Calculated over the trailing 1-year period	69.68%	23.41%	+46.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.48%	23.66%	+46.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.83%	21.93%	+49.90%