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FAS vs ERY

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

FAS

Direxion Daily Financial Bull 3X Shares

Direxion Funds

Annual cost

0.88%

Fund size

$2.1B

ERY

Direxion Daily Energy Bear 2X Shares

Direxion Funds

Annual cost

0.99%

Fund size

$40M

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.
  • FAS follows a leveraged strategy; ERY uses inverse.
  • Over the last 3 years, FAS has delivered higher annualized returns.

Side-by-side comparison

FASERY
Annual cost (TER)0.88%0.99%
Fund size (AUM)$2.1B$40M
Since20082008
Dividend yield10.14%3.84%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedinverse
CAGR 1Y-2.5%-55.7%
CAGR 3Y+37.8%-29.2%
CAGR 5Y+4.9%-38.9%
Sharpe 3Y0.84-0.68
Volatility 1Y42.90%40.28%
Max drawdown-85.99%-99.66%

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

Similar to FAS and ERY