RETL vs. WANT
Compare and contrast key facts about Direxion Daily Retail Bull 3X Shares (RETL) and Direxion Daily Consumer Discretionary Bull 3X Shares (WANT).
RETL and WANT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RETL is a passively managed fund by Direxion that tracks the performance of the Russell 1000 Retail Index (300%). It was launched on Jul 14, 2010. 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. Both RETL and WANT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RETL or WANT.
Performance
RETL vs. WANT - Performance Comparison
Returns By Period
In the year-to-date period, RETL achieves a 2.06% return, which is significantly lower than WANT's 43.80% return.
RETL
2.06%
0.77%
2.28%
48.00%
-0.18%
0.77%
WANT
43.80%
24.63%
60.42%
72.59%
9.79%
N/A
Key characteristics
| RETL | WANT | |
|---|---|---|
| Sharpe Ratio | 0.76 | 1.36 |
| Sortino Ratio | 1.43 | 1.88 |
| Omega Ratio | 1.16 | 1.23 |
| Calmar Ratio | 0.53 | 0.95 |
| Martin Ratio | 2.85 | 5.81 |
| Ulcer Index | 16.44% | 12.31% |
| Daily Std Dev | 61.88% | 52.54% |
| Max Drawdown | -91.51% | -85.89% |
| Current Drawdown | -82.99% | -53.60% |
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RETL vs. WANT - Expense Ratio Comparison
RETL has a 0.99% expense ratio, which is higher than WANT's 0.98% expense ratio.
Correlation
The correlation between RETL and WANT is 0.74, 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.
Risk-Adjusted Performance
RETL vs. WANT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Retail Bull 3X Shares (RETL) and Direxion Daily Consumer Discretionary Bull 3X Shares (WANT). 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
RETL vs. WANT - Dividend Comparison
RETL's dividend yield for the trailing twelve months is around 1.30%, more than WANT's 0.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
RETL Direxion Daily Retail Bull 3X Shares | 1.30% | 1.35% | 0.71% | 0.22% | 0.19% | 0.92% | 1.19% | 0.01% | 2.60% |
WANT Direxion Daily Consumer Discretionary Bull 3X Shares | 0.67% | 0.45% | 0.00% | 0.00% | 0.07% | 0.65% | 0.00% | 0.00% | 0.00% |
Drawdowns
RETL vs. WANT - Drawdown Comparison
The maximum RETL drawdown since its inception was -91.51%, which is greater than WANT's maximum drawdown of -85.89%. Use the drawdown chart below to compare losses from any high point for RETL and WANT. For additional features, visit the drawdowns tool.
Volatility
RETL vs. WANT - Volatility Comparison
The current volatility for Direxion Daily Retail Bull 3X Shares (RETL) is 12.82%, while Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) has a volatility of 19.27%. This indicates that RETL experiences smaller price fluctuations and is considered to be less risky than WANT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.