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ERX vs FAZ

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

ERX

Direxion Daily Energy Bull 2X Shares

Direxion Funds

Annual cost

0.91%

Fund size

$282M

FAZ

Direxion Daily Financial Bear 3X Shares

Direxion Funds

Annual cost

1.03%

Fund size

$120M

Key differences

  • ERX costs 0.12% less per year.
  • ERX follows a leveraged strategy; FAZ uses inverse.
  • Over the last 3 years, ERX has delivered higher annualized returns.

Side-by-side comparison

ERXFAZ
Annual cost (TER)0.91%1.03%
Fund size (AUM)$282M$120M
Since20082008
Dividend yield1.54%3.00%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedinverse
CAGR 1Y+103.0%-9.8%
CAGR 3Y+26.2%-38.5%
CAGR 5Y+30.3%-27.5%
Sharpe 3Y0.68-0.84
Volatility 1Y40.54%43.24%
Max drawdown-98.59%-99.78%

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

Similar to ERX and FAZ