WTIU vs. UTSL
Compare and contrast key facts about MicroSectors Energy 3X Leveraged ETN (WTIU) and Direxion Daily Utilities Bull 3X Shares (UTSL).
WTIU and UTSL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WTIU is a passively managed fund by REX Microsectors that tracks the performance of the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%). It was launched on Feb 16, 2023. UTSL is a passively managed fund by Direxion that tracks the performance of the Utilities Select Sector Index (300%). It was launched on May 3, 2017. Both WTIU and UTSL 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: WTIU or UTSL.
Correlation
The correlation between WTIU and UTSL is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WTIU vs. UTSL - Performance Comparison
Key characteristics
WTIU:
-0.67
UTSL:
1.34
WTIU:
-0.74
UTSL:
1.84
WTIU:
0.91
UTSL:
1.23
WTIU:
-0.63
UTSL:
0.91
WTIU:
-1.23
UTSL:
5.81
WTIU:
31.69%
UTSL:
10.72%
WTIU:
57.91%
UTSL:
46.39%
WTIU:
-61.53%
UTSL:
-79.55%
WTIU:
-61.53%
UTSL:
-40.41%
Returns By Period
In the year-to-date period, WTIU achieves a -36.71% return, which is significantly lower than UTSL's 55.43% return.
WTIU
-36.71%
-37.19%
-42.41%
-39.85%
N/A
N/A
UTSL
55.43%
-20.00%
26.36%
60.44%
-4.18%
N/A
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WTIU vs. UTSL - Expense Ratio Comparison
WTIU has a 0.95% expense ratio, which is lower than UTSL's 0.99% expense ratio.
Risk-Adjusted Performance
WTIU vs. UTSL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors Energy 3X Leveraged ETN (WTIU) and Direxion Daily Utilities Bull 3X Shares (UTSL). 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
WTIU vs. UTSL - Dividend Comparison
WTIU has not paid dividends to shareholders, while UTSL's dividend yield for the trailing twelve months is around 1.28%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
WTIU MicroSectors Energy 3X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UTSL Direxion Daily Utilities Bull 3X Shares | 1.28% | 3.61% | 1.15% | 1.20% | 1.40% | 5.01% | 1.46% | 0.57% |
Drawdowns
WTIU vs. UTSL - Drawdown Comparison
The maximum WTIU drawdown since its inception was -61.53%, smaller than the maximum UTSL drawdown of -79.55%. Use the drawdown chart below to compare losses from any high point for WTIU and UTSL. For additional features, visit the drawdowns tool.
Volatility
WTIU vs. UTSL - Volatility Comparison
MicroSectors Energy 3X Leveraged ETN (WTIU) has a higher volatility of 20.67% compared to Direxion Daily Utilities Bull 3X Shares (UTSL) at 14.92%. This indicates that WTIU's price experiences larger fluctuations and is considered to be riskier than UTSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.