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ERY vs SPXS

Direxion Daily Energy Bear 2X Shares vs Direxion Daily S&P 500 Bear 3X Shares

ERY

Direxion Daily Energy Bear 2X Shares

Direxion Funds

Annual cost

0.99%

Fund size

$40M

SPXS

Direxion Daily S&P 500 Bear 3X Shares

Direxion Funds

Annual cost

1.04%

Fund size

$388M

Key differences

  • ERY costs 0.05% less per year.
  • SPXS is significantly larger than ERY — larger funds tend to be more liquid and less likely to close.
  • ERY follows a inverse strategy; SPXS uses leveraged.
  • Over the last 3 years, ERY has delivered higher annualized returns.

Side-by-side comparison

ERYSPXS
Annual cost (TER)0.99%1.04%
Fund size (AUM)$40M$388M
Since20082008
Dividend yield3.84%4.29%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-55.7%-50.4%
CAGR 3Y-29.2%-43.7%
CAGR 5Y-38.9%-35.1%
Sharpe 3Y-0.68-1.15
Volatility 1Y40.28%36.05%
Max drawdown-99.66%-99.61%

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

Similar to ERY and SPXS