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ERY vs TNA

Direxion Daily Energy Bear 2X Shares vs Direxion Daily Small Cap Bull 3X Shares

ERY

Direxion Daily Energy Bear 2X Shares

Direxion Funds

Annual cost

0.99%

Fund size

$40M

TNA

Direxion Daily Small Cap Bull 3X Shares

Direxion Funds

Annual cost

1.05%

Fund size

$1.5B

Key differences

  • ERY costs 0.06% less per year.
  • TNA is significantly larger than ERY — larger funds tend to be more liquid and less likely to close.
  • ERY follows a inverse strategy; TNA uses leveraged.
  • Over the last 3 years, TNA has delivered higher annualized returns.

Side-by-side comparison

ERYTNA
Annual cost (TER)0.99%1.05%
Fund size (AUM)$40M$1.5B
Since20082008
Dividend yield3.84%0.44%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-55.7%+130.8%
CAGR 3Y-29.2%+30.7%
CAGR 5Y-38.9%-5.2%
Sharpe 3Y-0.680.68
Volatility 1Y40.28%57.15%
Max drawdown-99.66%-88.09%

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

Similar to ERY and TNA