WTIU vs. DRIP
WTIU (MicroSectors Energy 3X Leveraged ETN) and DRIP (Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares) are both Leveraged Equities funds - WTIU tracks the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%) while DRIP tracks the S&P Oil & Gas Exploration & Production Select Industry Index (-300%). Both are passively managed. Over the past 3 years, WTIU returned -1.04%/yr vs -24.65%/yr for DRIP. Their -0.93 correlation means they have often moved in opposite directions in the past. WTIU charges 0.95%/yr vs 1.07%/yr for DRIP.
Performance
WTIU vs. DRIP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WTIU achieves a 95.37% return, which is significantly higher than DRIP's -53.72% return.
WTIU
- 1D
- -4.60%
- 1M
- 39.23%
- 6M
- 55.77%
- YTD
- 95.37%
- 1Y
- 104.76%
- 3Y*
- -1.04%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -5.73%
DRIP
- 1D
- 3.59%
- 1M
- -22.42%
- 6M
- -46.02%
- YTD
- -53.72%
- 1Y
- -57.86%
- 3Y*
- -24.65%
- 5Y*
- -45.76%
- 10Y*
- -42.61%
- ALL TIME*
- -41.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $16.92M | $63.12M | $132.02M | |
| $1.41M | $930.94K | $851.49K |
WTIU vs. DRIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WTIU MicroSectors Energy 3X Leveraged ETN | 95.37% | -17.13% | -29.63% | -28.45% |
DRIP Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares | -53.72% | -14.81% | 1.27% | -8.77% |
Correlation
The correlation between WTIU and DRIP is -0.93, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.93 |
Correlation (3Y) Balances recent behavior with more history. | -0.93 |
Correlation (All Time) Calculated using the full available price history since Feb 15, 2023 | -0.93 |
The correlation between WTIU and DRIP has been stable across timeframes, ranging from -0.93 to -0.93 - a consistent structural relationship.
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
WTIU vs. DRIP — Risk / Return Rank
WTIU
DRIP
WTIU vs. DRIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors Energy 3X Leveraged ETN (WTIU) and Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP). 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.
| WTIU | DRIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.54 | ||
| Sortino ratioReturn per unit of downside risk | +3.73 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 0.82 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | -0.93 | +3.12 |
| Martin ratioReturn relative to average drawdown | 4.99 | -1.52 | +6.51 |
Loading charts...
Drawdowns
WTIU vs. DRIP - Drawdown Comparison
The maximum WTIU drawdown since its inception was -75.73%, smaller than the maximum DRIP drawdown of -99.95%. Use the drawdown chart below to compare losses from any high point for WTIU and DRIP.
Loading charts...
Drawdown Indicators
| WTIU | DRIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.73% | -99.95% | +24.22% |
Max Drawdown (1Y)Largest decline over 1 year | -48.11% | -62.18% | +14.07% |
Max Drawdown (3Y)Largest decline over 3 years | -75.73% | -76.02% | +0.29% |
Max Drawdown (5Y)Largest decline over 5 years | — | -96.24% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.92% | — |
Current DrawdownCurrent decline from peak | -30.75% | -99.94% | +69.19% |
Average DrawdownAverage peak-to-trough decline | -39.20% | -90.56% | +51.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.07% | 38.17% | -17.10% |
Volatility
WTIU vs. DRIP - Volatility Comparison
MicroSectors Energy 3X Leveraged ETN (WTIU) has a higher volatility of 22.17% compared to Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP) at 17.47%. This indicates that WTIU's price experiences larger fluctuations and is considered to be riskier than DRIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WTIU | DRIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.17% | 17.47% | +4.70% |
Volatility (6M)Calculated over the trailing 6-month period | 57.97% | 44.98% | +12.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.79% | 56.84% | +12.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.86% | 67.64% | +3.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.86% | 95.72% | -24.86% |
WTIU vs. DRIP - Expense Ratio Comparison
WTIU has a 0.95% expense ratio, which is lower than DRIP's 1.07% expense ratio.
Dividends
WTIU vs. DRIP - Dividend Comparison
WTIU has not paid dividends to shareholders, while DRIP's dividend yield for the trailing twelve months is around 3.84%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DRIP Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares | 3.84% | 2.86% | 4.38% | 5.09% | 0.00% | 0.00% | 0.01% | 0.96% | 0.58% |
WTIU MicroSectors Energy 3X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WTIU and DRIP have a correlation of -0.93, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WTIU has higher volatility (22.17%) compared to DRIP (17.47%). In terms of maximum drawdown, WTIU dropped -75.73% vs DRIP's -99.95%.
On 3-year performance, WTIU leads with -1.04% vs -24.65% for DRIP. On fees, WTIU is cheaper at 0.95% per year. On volatility, DRIP has been the lower-risk option at 17.47%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, WTIU has performed better with a -1.04% return vs -24.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
WTIU is cheaper with a 0.95% expense ratio, compared with 1.07% for DRIP.
DRIP has the higher dividend yield at 3.84%, compared with 0.00% for WTIU.
WTIU tracks Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%), while DRIP tracks S&P Oil & Gas Exploration & Production Select Industry Index (-300%). They also come from different issuers: REX and Direxion. Their fees differ too: 0.95% for WTIU and 1.07% for DRIP.
WTIU currently has the higher Sharpe Ratio (1.51 vs -1.02), 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 WTIU and DRIP
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