WANT vs. TYD
WANT (Direxion Daily Consumer Discretionary Bull 3X Shares) and TYD (Direxion Daily 7-10 Year Treasury Bull 3X) are both exchange-traded funds - WANT is a Leveraged Equities fund tracking the S&P Consumer Discretionary Select Sector Index (-300%), while TYD is a Leveraged Bonds fund tracking the NYSE 7-10 Year Treasury Bond Index. Both are passively managed. Over the past 5 years, WANT returned -9.92%/yr vs -14.54%/yr for TYD. At a correlation of -0.00, they often move in opposite directions. WANT charges 0.98%/yr vs 1.09%/yr for TYD.
Performance
WANT vs. TYD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WANT achieves a -19.95% return, which is significantly lower than TYD's -8.67% return.
WANT
- 1D
- 0.33%
- 1M
- -6.84%
- 6M
- -18.61%
- YTD
- -19.95%
- 1Y
- -9.28%
- 3Y*
- 7.62%
- 5Y*
- -9.92%
- 10Y*
- —
- ALL TIME*
- 7.01%
TYD
- 1D
- -0.78%
- 1M
- -3.38%
- 6M
- -6.39%
- YTD
- -8.67%
- 1Y
- -3.97%
- 3Y*
- -4.77%
- 5Y*
- -14.54%
- 10Y*
- -5.55%
- ALL TIME*
- 0.96%
WANT vs. TYD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
WANT Direxion Daily Consumer Discretionary Bull 3X Shares | -19.95% | -6.94% | 60.52% | 114.43% | -83.03% | 84.81% | 45.26% | 90.07% | -24.44% |
TYD Direxion Daily 7-10 Year Treasury Bull 3X | -8.67% | 11.68% | -13.89% | -2.87% | -43.32% | -11.36% | 27.62% | 17.88% | 10.38% |
Correlation
The correlation between WANT and TYD is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Nov 29, 2018 | -0.00 |
The correlation between WANT and TYD shifts across timeframes, from -0.00 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WANT vs. TYD — Risk / Return Rank
WANT
TYD
WANT vs. TYD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) and Direxion Daily 7-10 Year Treasury Bull 3X (TYD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WANT | TYD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 0.96 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.23 | -0.29 | +0.07 |
| Martin ratioReturn relative to average drawdown | -0.53 | -0.64 | +0.11 |
Loading charts...
Drawdowns
WANT vs. TYD - Drawdown Comparison
The maximum WANT drawdown since its inception was -85.89%, which is greater than TYD's maximum drawdown of -64.28%. Use the drawdown chart below to compare losses from any high point for WANT and TYD.
Loading charts...
Drawdown Indicators
| WANT | TYD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.89% | -64.28% | -21.61% |
Max Drawdown (1Y)Largest decline over 1 year | -41.27% | -13.54% | -27.73% |
Max Drawdown (3Y)Largest decline over 3 years | -63.53% | -22.32% | -41.21% |
Max Drawdown (5Y)Largest decline over 5 years | -85.89% | -59.84% | -26.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.28% | — |
Current DrawdownCurrent decline from peak | -61.42% | -60.31% | -1.11% |
Average DrawdownAverage peak-to-trough decline | -43.33% | -22.22% | -21.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.64% | 6.24% | +11.40% |
Volatility
WANT vs. TYD - Volatility Comparison
Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) has a higher volatility of 15.21% compared to Direxion Daily 7-10 Year Treasury Bull 3X (TYD) at 3.93%. This indicates that WANT's price experiences larger fluctuations and is considered to be riskier than TYD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WANT | TYD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.21% | 3.93% | +11.28% |
Volatility (6M)Calculated over the trailing 6-month period | 41.82% | 10.30% | +31.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.28% | 13.80% | +41.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.09% | 22.92% | +48.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.29% | 20.20% | +51.09% |
WANT vs. TYD - Expense Ratio Comparison
WANT has a 0.98% expense ratio, which is lower than TYD's 1.09% expense ratio.
Dividends
WANT vs. TYD - Dividend Comparison
WANT's dividend yield for the trailing twelve months is around 0.55%, less than TYD's 3.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TYD Direxion Daily 7-10 Year Treasury Bull 3X | 3.38% | 2.97% | 3.10% | 2.71% | 0.55% | 0.00% | 9.80% | 0.92% | 1.10% | 0.01% | 6.84% | 1.65% |
WANT Direxion Daily Consumer Discretionary Bull 3X Shares | 0.55% | 0.65% | 0.61% | 0.46% | 0.00% | 0.00% | 0.07% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WANT and TYD have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WANT has higher volatility (15.21%) compared to TYD (3.93%). In terms of maximum drawdown, WANT dropped -85.89% vs TYD's -64.28%.
On 5-year performance, WANT leads with -9.92% vs -14.54% for TYD. On fees, WANT is cheaper at 0.98% per year. On volatility, TYD has been the lower-risk option at 3.93%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, WANT has performed better with a -9.92% return vs -14.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
WANT is cheaper with a 0.98% expense ratio, compared with 1.09% for TYD.
TYD has the higher dividend yield at 3.38%, compared with 0.55% for WANT.
WANT is categorized as Leveraged Equities, while TYD is Leveraged Bonds. WANT tracks S&P Consumer Discretionary Select Sector Index (-300%), while TYD tracks NYSE 7-10 Year Treasury Bond Index. Their fees differ too: 0.98% for WANT and 1.09% for TYD.
WANT currently has the higher Sharpe Ratio (-0.17 vs -0.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for WANT and TYD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer