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ERX vs FAS

Direxion Daily Energy Bull 2X Shares vs Direxion Daily Financial Bull 3X Shares

ERX

Direxion Daily Energy Bull 2X Shares

Direxion Funds

Annual cost

0.91%

Fund size

$282M

FAS

Direxion Daily Financial Bull 3X Shares

Direxion Funds

Annual cost

0.88%

Fund size

$2.1B

Key differences

  • FAS is significantly larger than ERX — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FAS has delivered higher annualized returns.

Side-by-side comparison

ERXFAS
Annual cost (TER)0.91%0.88%
Fund size (AUM)$282M$2.1B
Since20082008
Dividend yield1.54%10.14%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedleveraged
CAGR 1Y+103.0%-2.5%
CAGR 3Y+26.2%+37.8%
CAGR 5Y+30.3%+4.9%
Sharpe 3Y0.680.84
Volatility 1Y40.54%42.90%
Max drawdown-98.59%-85.99%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to ERX and FAS