XHB vs. DRN
Compare and contrast key facts about SPDR S&P Homebuilders ETF (XHB) and Direxion Daily Real Estate Bull 3x Shares (DRN).
XHB and DRN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XHB is a passively managed fund by State Street that tracks the performance of the S&P Homebuilders Select Industry Index. It was launched on Jan 31, 2006. DRN is a passively managed fund by Direxion that tracks the performance of the MSCI US REIT Index (300%). It was launched on Jul 16, 2009. Both XHB and DRN 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: XHB or DRN.
Performance
XHB vs. DRN - Performance Comparison
Returns By Period
In the year-to-date period, XHB achieves a 22.33% return, which is significantly higher than DRN's 14.98% return. Over the past 10 years, XHB has outperformed DRN with an annualized return of 14.34%, while DRN has yielded a comparatively lower -1.76% annualized return.
XHB
22.33%
-4.16%
11.59%
43.33%
21.95%
14.34%
DRN
14.98%
-4.08%
41.36%
58.65%
-12.73%
-1.76%
Key characteristics
| XHB | DRN | |
|---|---|---|
| Sharpe Ratio | 1.71 | 1.16 |
| Sortino Ratio | 2.45 | 1.70 |
| Omega Ratio | 1.30 | 1.21 |
| Calmar Ratio | 3.48 | 0.73 |
| Martin Ratio | 8.39 | 3.71 |
| Ulcer Index | 5.01% | 15.22% |
| Daily Std Dev | 24.51% | 48.81% |
| Max Drawdown | -81.61% | -86.32% |
| Current Drawdown | -7.16% | -61.00% |
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XHB vs. DRN - Expense Ratio Comparison
XHB has a 0.35% expense ratio, which is lower than DRN's 0.99% expense ratio.
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.
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.
Dividends
XHB vs. DRN - Dividend Comparison
XHB's dividend yield for the trailing twelve months is around 0.54%, less than DRN's 2.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XHB SPDR S&P Homebuilders ETF | 0.54% | 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 | 2.06% | 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.
Volatility
XHB vs. DRN - Volatility Comparison
The current volatility for SPDR S&P Homebuilders ETF (XHB) is 5.20%, while Direxion Daily Real Estate Bull 3x Shares (DRN) has a volatility of 16.14%. 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.