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SPXS vs DRIP

Direxion Daily S&P 500 Bear 3X Shares vs Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares

SPXS

Direxion Daily S&P 500 Bear 3X Shares

Direxion Funds

Annual cost

1.04%

Fund size

$388M

DRIP

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares

Direxion Funds

Annual cost

1.01%

Fund size

$117M

Key differences

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

Side-by-side comparison

SPXSDRIP
Annual cost (TER)1.04%1.01%
Fund size (AUM)$388M$117M
Since20082015
Dividend yield4.29%4.18%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedinverse
CAGR 1Y-50.4%-58.1%
CAGR 3Y-43.7%-32.4%
CAGR 5Y-35.1%-43.6%
Sharpe 3Y-1.15-0.49
Volatility 1Y36.05%55.08%
Max drawdown-99.61%-99.92%

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

Similar to SPXS and DRIP