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XHB vs. DRN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XHB and DRN is 0.59, 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.


-0.50.00.51.00.6

Performance

XHB vs. DRN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Homebuilders ETF (XHB) and Direxion Daily Real Estate Bull 3x Shares (DRN). The values are adjusted to include any dividend payments, if applicable.

500.00%600.00%700.00%800.00%900.00%1,000.00%1,100.00%JulyAugustSeptemberOctoberNovemberDecember
886.72%
628.43%
XHB
DRN

Key characteristics

Sharpe Ratio

XHB:

0.53

DRN:

-0.03

Sortino Ratio

XHB:

0.93

DRN:

0.29

Omega Ratio

XHB:

1.11

DRN:

1.04

Calmar Ratio

XHB:

0.80

DRN:

-0.02

Martin Ratio

XHB:

2.40

DRN:

-0.11

Ulcer Index

XHB:

5.51%

DRN:

15.95%

Daily Std Dev

XHB:

24.79%

DRN:

48.94%

Max Drawdown

XHB:

-81.61%

DRN:

-86.32%

Current Drawdown

XHB:

-15.57%

DRN:

-68.45%

Returns By Period

In the year-to-date period, XHB achieves a 11.25% return, which is significantly higher than DRN's -6.96% return. Over the past 10 years, XHB has outperformed DRN with an annualized return of 13.14%, while DRN has yielded a comparatively lower -5.17% annualized return.


XHB

YTD

11.25%

1M

-10.11%

6M

3.26%

1Y

11.32%

5Y*

19.49%

10Y*

13.14%

DRN

YTD

-6.96%

1M

-19.08%

6M

13.46%

1Y

-3.79%

5Y*

-16.88%

10Y*

-5.17%

Compare stocks, funds, or ETFs

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


XHB vs. DRN - Expense Ratio Comparison

XHB has a 0.35% expense ratio, which is lower than DRN's 0.99% expense ratio.


DRN
Direxion Daily Real Estate Bull 3x Shares
Expense ratio chart for DRN: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for XHB: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

XHB vs. DRN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Homebuilders ETF (XHB) and Direxion Daily Real Estate Bull 3x Shares (DRN). 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.


Sharpe ratio
The chart of Sharpe ratio for XHB, currently valued at 0.53, compared to the broader market0.002.004.000.53-0.03
The chart of Sortino ratio for XHB, currently valued at 0.93, compared to the broader market-2.000.002.004.006.008.0010.000.930.29
The chart of Omega ratio for XHB, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.001.111.04
The chart of Calmar ratio for XHB, currently valued at 0.80, compared to the broader market0.005.0010.0015.000.80-0.02
The chart of Martin ratio for XHB, currently valued at 2.40, compared to the broader market0.0020.0040.0060.0080.00100.002.40-0.11
XHB
DRN

The current XHB Sharpe Ratio is 0.53, which is higher than the DRN Sharpe Ratio of -0.03. The chart below compares the historical Sharpe Ratios of XHB and DRN, 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 Ratio-0.500.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.53
-0.03
XHB
DRN

Dividends

XHB vs. DRN - Dividend Comparison

XHB's dividend yield for the trailing twelve months is around 0.42%, less than DRN's 1.82% yield.


TTM20232022202120202019201820172016201520142013
XHB
SPDR S&P Homebuilders ETF
0.42%0.77%1.06%0.50%0.73%0.89%1.25%0.71%0.67%0.50%0.78%0.29%
DRN
Direxion Daily Real Estate Bull 3x Shares
1.82%2.84%2.70%4.21%1.91%2.59%3.12%0.92%0.00%0.00%0.00%0.00%

Drawdowns

XHB vs. DRN - Drawdown Comparison

The maximum XHB drawdown since its inception was -81.61%, smaller than the maximum DRN drawdown of -86.32%. Use the drawdown chart below to compare losses from any high point for XHB and DRN. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-15.57%
-68.45%
XHB
DRN

Volatility

XHB vs. DRN - Volatility Comparison

The current volatility for SPDR S&P Homebuilders ETF (XHB) is 8.18%, while Direxion Daily Real Estate Bull 3x Shares (DRN) has a volatility of 17.44%. This indicates that XHB experiences smaller price fluctuations and is considered to be less risky than DRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%JulyAugustSeptemberOctoberNovemberDecember
8.18%
17.44%
XHB
DRN
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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