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ERY vs FAS

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

ERY

Direxion Daily Energy Bear 2X Shares

Direxion Funds

Annual cost

0.99%

Fund size

$40M

FAS

Direxion Daily Financial Bull 3X Shares

Direxion Funds

Annual cost

0.88%

Fund size

$2.1B

Key differences

  • FAS costs 0.11% less per year.
  • FAS is significantly larger than ERY — larger funds tend to be more liquid and less likely to close.
  • ERY follows a inverse strategy; FAS uses leveraged.
  • Over the last 3 years, FAS has delivered higher annualized returns.

Side-by-side comparison

ERYFAS
Annual cost (TER)0.99%0.88%
Fund size (AUM)$40M$2.1B
Since20082008
Dividend yield3.84%10.14%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-55.7%-2.5%
CAGR 3Y-29.2%+37.8%
CAGR 5Y-38.9%+4.9%
Sharpe 3Y-0.680.84
Volatility 1Y40.28%42.90%
Max drawdown-99.66%-85.99%

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

Similar to ERY and FAS