WMT vs. LABU

Last updated Jun 13, 2026

WMT (Walmart Inc.) is a stock, while LABU (Direxion Daily S&P Biotech Bull 3x Shares) is Leveraged Equities fund tracking the S&P Biotechnology Select Industry Index (300%). Over the past 10 years, WMT returned 19.77%/yr vs -11.11%/yr for LABU. At a 0.17 correlation, their price movements are largely independent.

Performance

WMT vs. LABU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Walmart Inc. (WMT) and Direxion Daily S&P Biotech Bull 3x Shares (LABU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WMT achieves a 9.07% return, which is significantly lower than LABU's 12.06% return. Over the past 10 years, WMT has outperformed LABU with an annualized return of 19.77%, while LABU has yielded a comparatively lower -11.11% annualized return.

WMT

• 1D: 0.45%
• 1M: -7.92%
• YTD: 9.07%
• 6M: 4.13%
• 1Y: 29.24%
• 3Y*: 34.18%
• 5Y*: 22.42%
• 10Y*: 19.77%

LABU

• 1D: 2.37%
• 1M: -6.16%
• YTD: 12.06%
• 6M: 8.94%
• 1Y: 207.12%
• 3Y*: 6.07%
• 5Y*: -34.35%
• 10Y*: -11.11%

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

WMT vs. LABU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WMT Walmart Inc.	9.07%	24.49%	73.99%	12.88%	-0.46%	1.97%	23.32%	30.16%	-3.43%	46.56%
LABU Direxion Daily S&P Biotech Bull 3x Shares	12.06%	79.17%	-26.02%	-13.41%	-80.36%	-64.15%	74.66%	75.50%	-57.61%	149.12%

Correlation

The correlation between WMT and LABU is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (10Y) Calculated over the trailing 10-year period	0.16
Correlation (All Time) Calculated using the full available price history since May 28, 2015	0.17

The correlation between WMT and LABU shifts across timeframes, from -0.05 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WMT vs. LABU — Risk / Return Rank

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

WMT

WMT Risk / Return Rank: 76
WMT Sharpe Ratio Rank: 78
WMT Sortino Ratio Rank: 73
WMT Omega Ratio Rank: 74
WMT Calmar Ratio Rank: 75
WMT Martin Ratio Rank: 80

LABU

LABU Risk / Return Rank: 83
LABU Sharpe Ratio Rank: 89
LABU Sortino Ratio Rank: 75
LABU Omega Ratio Rank: 66
LABU Calmar Ratio Rank: 95
LABU Martin Ratio Rank: 90

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.

WMT vs. LABU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Walmart Inc. (WMT) and Direxion Daily S&P Biotech Bull 3x Shares (LABU). 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.

	WMT	LABU	Difference
Sharpe ratio: Return per unit of total volatility	1.22	2.57	-1.35
Sortino ratio: Return per unit of downside risk	1.79	2.89	-1.10
Omega ratio: Gain probability vs. loss probability	1.23	1.34	-0.11
Calmar ratio: Return relative to maximum drawdown	1.83	6.49	-4.66
Martin ratio: Return relative to average drawdown	5.82	18.31	-12.48

WMT vs. LABU - Sharpe Ratio Comparison

The current WMT Sharpe Ratio is 1.22, which is lower than the LABU Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of WMT and LABU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WMT vs. LABU - Drawdown Comparison

The maximum WMT drawdown since its inception was -77.14%, smaller than the maximum LABU drawdown of -99.18%. Use the drawdown chart below to compare losses from any high point for WMT and LABU.

Drawdown Indicators

	WMT	LABU	Difference
Max Drawdown Largest peak-to-trough decline	-77.14%	-99.18%	+22.04%
Max Drawdown (1Y) Largest decline over 1 year	-15.75%	-30.70%	+14.95%
Max Drawdown (3Y) Largest decline over 3 years	-21.93%	-78.30%	+56.37%
Max Drawdown (5Y) Largest decline over 5 years	-25.74%	-97.59%	+71.85%
Max Drawdown (10Y) Largest decline over 10 years	-25.74%	-98.96%	+73.22%
Current Drawdown Current decline from peak	-9.81%	-96.05%	+86.24%
Average Drawdown Average peak-to-trough decline	-14.63%	-81.69%	+67.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.94%	10.91%	-5.97%

Volatility

WMT vs. LABU - Volatility Comparison

The current volatility for Walmart Inc. (WMT) is 9.86%, while Direxion Daily S&P Biotech Bull 3x Shares (LABU) has a volatility of 31.31%. This indicates that WMT experiences smaller price fluctuations and is considered to be less risky than LABU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WMT	LABU	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.86%	31.31%	-21.45%
Volatility (6M) Calculated over the trailing 6-month period	18.49%	61.52%	-43.03%
Volatility (1Y) Calculated over the trailing 1-year period	23.67%	77.69%	-54.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.68%	95.70%	-74.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.73%	95.45%	-73.72%

Dividends

WMT vs. LABU - Dividend Comparison

WMT's dividend yield for the trailing twelve months is around 0.80%, more than LABU's 0.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LABU Direxion Daily S&P Biotech Bull 3x Shares	0.69%	0.84%	0.35%	0.35%	0.00%	0.00%	0.00%	0.28%	0.64%	0.17%	0.00%	0.00%
WMT Walmart Inc.	0.80%	0.84%	0.92%	1.45%	1.58%	1.52%	1.50%	1.78%	2.23%	2.07%	2.89%	3.20%

Frequently Asked Questions

Can I hold both WMT and LABU in my portfolio?

WMT and LABU have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WMT or LABU?

LABU has higher volatility (31.31%) compared to WMT (9.86%). In terms of maximum drawdown, WMT dropped -77.14% vs LABU's -99.18%.

Which has better risk-adjusted returns?

LABU currently has the higher Sharpe Ratio (2.57 vs 1.22), 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.