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SCC vs WANT

ProShares UltraShort Consumer Discretionary vs Direxion Daily Cnsmr Discret Bull 3XShrs

SCC

ProShares UltraShort Consumer Discretionary

ProShares

Annual cost

0.95%

Fund size

$6M

WANT

Direxion Daily Cnsmr Discret Bull 3XShrs

Direxion Funds

Annual cost

1.00%

Fund size

$21M

Key differences

  • SCC costs 0.05% less per year.
  • WANT is significantly larger than SCC — larger funds tend to be more liquid and less likely to close.
  • SCC follows a inverse strategy; WANT uses leveraged.
  • Over the last 3 years, WANT has delivered higher annualized returns.
  • SCC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SCCWANT
Annual cost (TER)0.95%1.00%
Fund size (AUM)$6M$21M
Since20072018
Dividend yield4.67%0.59%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-22.0%+19.4%
CAGR 3Y-28.7%+26.8%
CAGR 5Y-16.6%-3.9%
Sharpe 3Y-0.690.63
Volatility 1Y36.33%54.14%
Max drawdown-95.55%-85.89%

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

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