PortfoliosLab logo
XAR vs. DFEN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XAR and DFEN is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.7

Performance

XAR vs. DFEN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Aerospace & Defense ETF (XAR) and Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%NovemberDecember2025FebruaryMarchApril
164.57%
46.78%
XAR
DFEN

Key characteristics

Sharpe Ratio

XAR:

1.08

DFEN:

0.50

Sortino Ratio

XAR:

1.62

DFEN:

1.10

Omega Ratio

XAR:

1.21

DFEN:

1.16

Calmar Ratio

XAR:

1.34

DFEN:

0.51

Martin Ratio

XAR:

4.99

DFEN:

2.60

Ulcer Index

XAR:

5.30%

DFEN:

12.90%

Daily Std Dev

XAR:

24.49%

DFEN:

66.87%

Max Drawdown

XAR:

-46.37%

DFEN:

-91.36%

Current Drawdown

XAR:

-6.01%

DFEN:

-50.81%

Returns By Period

In the year-to-date period, XAR achieves a 2.46% return, which is significantly lower than DFEN's 7.31% return.


XAR

YTD

2.46%

1M

1.79%

6M

6.97%

1Y

26.98%

5Y*

18.09%

10Y*

12.31%

DFEN

YTD

7.31%

1M

-11.12%

6M

-5.75%

1Y

34.86%

5Y*

27.44%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


XAR vs. DFEN - Expense Ratio Comparison

XAR has a 0.35% expense ratio, which is lower than DFEN's 0.99% expense ratio.


Expense ratio chart for DFEN: current value is 0.99%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
DFEN: 0.99%
Expense ratio chart for XAR: current value is 0.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
XAR: 0.35%

Risk-Adjusted Performance

XAR vs. DFEN — Risk-Adjusted Performance Rank

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

XAR
The Risk-Adjusted Performance Rank of XAR is 8383
Overall Rank
The Sharpe Ratio Rank of XAR is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of XAR is 8282
Sortino Ratio Rank
The Omega Ratio Rank of XAR is 8181
Omega Ratio Rank
The Calmar Ratio Rank of XAR is 8787
Calmar Ratio Rank
The Martin Ratio Rank of XAR is 8484
Martin Ratio Rank

DFEN
The Risk-Adjusted Performance Rank of DFEN is 6565
Overall Rank
The Sharpe Ratio Rank of DFEN is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of DFEN is 6969
Sortino Ratio Rank
The Omega Ratio Rank of DFEN is 7070
Omega Ratio Rank
The Calmar Ratio Rank of DFEN is 6161
Calmar Ratio Rank
The Martin Ratio Rank of DFEN is 6767
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

XAR vs. DFEN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Aerospace & Defense ETF (XAR) and Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN). 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.


The chart of Sharpe ratio for XAR, currently valued at 1.08, compared to the broader market-1.000.001.002.003.004.00
XAR: 1.08
DFEN: 0.50
The chart of Sortino ratio for XAR, currently valued at 1.62, compared to the broader market-2.000.002.004.006.008.00
XAR: 1.62
DFEN: 1.10
The chart of Omega ratio for XAR, currently valued at 1.21, compared to the broader market0.501.001.502.002.50
XAR: 1.21
DFEN: 1.16
The chart of Calmar ratio for XAR, currently valued at 1.34, compared to the broader market0.002.004.006.008.0010.0012.00
XAR: 1.34
DFEN: 0.51
The chart of Martin ratio for XAR, currently valued at 4.99, compared to the broader market0.0020.0040.0060.00
XAR: 4.99
DFEN: 2.60

The current XAR Sharpe Ratio is 1.08, which is higher than the DFEN Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of XAR and DFEN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
1.08
0.50
XAR
DFEN

Dividends

XAR vs. DFEN - Dividend Comparison

XAR's dividend yield for the trailing twelve months is around 0.67%, less than DFEN's 13.01% yield.


TTM20242023202220212020201920182017201620152014
XAR
SPDR S&P Aerospace & Defense ETF
0.67%0.66%0.54%0.50%0.83%0.63%0.75%1.19%0.76%1.10%2.31%1.07%
DFEN
Direxion Daily Aerospace & Defense Bull 3X Shares
13.01%14.12%1.13%0.46%1.89%0.48%0.50%1.07%1.46%0.00%0.00%0.00%

Drawdowns

XAR vs. DFEN - Drawdown Comparison

The maximum XAR drawdown since its inception was -46.37%, smaller than the maximum DFEN drawdown of -91.36%. Use the drawdown chart below to compare losses from any high point for XAR and DFEN. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-6.01%
-50.81%
XAR
DFEN

Volatility

XAR vs. DFEN - Volatility Comparison

The current volatility for SPDR S&P Aerospace & Defense ETF (XAR) is 14.95%, while Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) has a volatility of 44.60%. This indicates that XAR experiences smaller price fluctuations and is considered to be less risky than DFEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2025FebruaryMarchApril
14.95%
44.60%
XAR
DFEN