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WANT vs. NASDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between WANT and NASDX is 0.91, 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.


-0.50.00.51.0
Correlation: 0.9

Performance

WANT vs. NASDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%NovemberDecember2025FebruaryMarchApril
33.11%
190.46%
WANT
NASDX

Key characteristics

Sharpe Ratio

WANT:

0.16

NASDX:

0.46

Sortino Ratio

WANT:

0.76

NASDX:

0.81

Omega Ratio

WANT:

1.10

NASDX:

1.11

Calmar Ratio

WANT:

0.16

NASDX:

0.51

Martin Ratio

WANT:

0.53

NASDX:

1.75

Ulcer Index

WANT:

23.16%

NASDX:

6.66%

Daily Std Dev

WANT:

74.46%

NASDX:

25.40%

Max Drawdown

WANT:

-85.89%

NASDX:

-81.69%

Current Drawdown

WANT:

-69.20%

NASDX:

-12.29%

Returns By Period

In the year-to-date period, WANT achieves a -40.53% return, which is significantly lower than NASDX's -7.45% return.


WANT

YTD

-40.53%

1M

-15.21%

6M

-20.20%

1Y

8.99%

5Y*

11.67%

10Y*

N/A

NASDX

YTD

-7.45%

1M

-2.41%

6M

-4.32%

1Y

11.90%

5Y*

17.75%

10Y*

16.18%

*Annualized

Compare stocks, funds, or ETFs

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


WANT vs. NASDX - Expense Ratio Comparison

WANT has a 0.98% expense ratio, which is higher than NASDX's 0.63% expense ratio.


Expense ratio chart for WANT: current value is 0.98%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
WANT: 0.98%
Expense ratio chart for NASDX: current value is 0.63%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
NASDX: 0.63%

Risk-Adjusted Performance

WANT vs. NASDX — Risk-Adjusted Performance Rank

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

WANT
The Risk-Adjusted Performance Rank of WANT is 4040
Overall Rank
The Sharpe Ratio Rank of WANT is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of WANT is 5454
Sortino Ratio Rank
The Omega Ratio Rank of WANT is 5151
Omega Ratio Rank
The Calmar Ratio Rank of WANT is 3434
Calmar Ratio Rank
The Martin Ratio Rank of WANT is 3131
Martin Ratio Rank

NASDX
The Risk-Adjusted Performance Rank of NASDX is 5656
Overall Rank
The Sharpe Ratio Rank of NASDX is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of NASDX is 5555
Sortino Ratio Rank
The Omega Ratio Rank of NASDX is 5555
Omega Ratio Rank
The Calmar Ratio Rank of NASDX is 6464
Calmar Ratio Rank
The Martin Ratio Rank of NASDX is 5353
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

WANT vs. NASDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) and Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX). 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.


The chart of Sharpe ratio for WANT, currently valued at 0.16, compared to the broader market-1.000.001.002.003.004.00
WANT: 0.16
NASDX: 0.46
The chart of Sortino ratio for WANT, currently valued at 0.76, compared to the broader market-2.000.002.004.006.008.00
WANT: 0.76
NASDX: 0.81
The chart of Omega ratio for WANT, currently valued at 1.10, compared to the broader market0.501.001.502.002.50
WANT: 1.10
NASDX: 1.11
The chart of Calmar ratio for WANT, currently valued at 0.16, compared to the broader market0.002.004.006.008.0010.0012.00
WANT: 0.16
NASDX: 0.51
The chart of Martin ratio for WANT, currently valued at 0.53, compared to the broader market0.0020.0040.0060.00
WANT: 0.53
NASDX: 1.75

The current WANT Sharpe Ratio is 0.16, which is lower than the NASDX Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of WANT and NASDX, 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-0.500.000.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
0.16
0.46
WANT
NASDX

Dividends

WANT vs. NASDX - Dividend Comparison

WANT's dividend yield for the trailing twelve months is around 1.19%, less than NASDX's 9.32% yield.


TTM20242023202220212020201920182017201620152014
WANT
Direxion Daily Consumer Discretionary Bull 3X Shares
1.19%0.61%0.46%0.00%0.00%0.07%0.62%0.00%0.00%0.00%0.00%0.00%
NASDX
Shelton Capital Management Nasdaq-100 Index Fund Direct Shares
9.32%8.65%7.53%3.75%2.40%1.28%7.09%2.47%1.65%0.75%0.85%1.02%

Drawdowns

WANT vs. NASDX - Drawdown Comparison

The maximum WANT drawdown since its inception was -85.89%, which is greater than NASDX's maximum drawdown of -81.69%. Use the drawdown chart below to compare losses from any high point for WANT and NASDX. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2025FebruaryMarchApril
-69.20%
-12.29%
WANT
NASDX

Volatility

WANT vs. NASDX - Volatility Comparison

Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) has a higher volatility of 45.15% compared to Shelton Capital Management Nasdaq-100 Index Fund Direct Shares (NASDX) at 16.83%. This indicates that WANT's price experiences larger fluctuations and is considered to be riskier than NASDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%50.00%NovemberDecember2025FebruaryMarchApril
45.15%
16.83%
WANT
NASDX