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FAZ vs ERX

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

FAZ

Direxion Daily Financial Bear 3X Shares

Direxion Funds

Annual cost

1.03%

Fund size

$120M

ERX

Direxion Daily Energy Bull 2X Shares

Direxion Funds

Annual cost

0.91%

Fund size

$282M

Key differences

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

Side-by-side comparison

FAZERX
Annual cost (TER)1.03%0.91%
Fund size (AUM)$120M$282M
Since20082008
Dividend yield3.00%1.54%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-9.8%+103.0%
CAGR 3Y-38.5%+26.2%
CAGR 5Y-27.5%+30.3%
Sharpe 3Y-0.840.68
Volatility 1Y43.24%40.54%
Max drawdown-99.78%-98.59%

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

Similar to FAZ and ERX