AMZD vs SPXS
Direxion Daily AMZN Bear 1X ETF vs Direxion Daily S&P 500 Bear 3X ETF
Which is better, AMZD or SPXS?
AMZD has been ahead.
AMZD led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AMZD | SPXS |
|---|---|---|
| Expense Ratio | 1.02%Tie | 1.02%Tie |
| AUM | $11M | $336M |
| Dividend Yield | 2.73% | 4.64% |
| Holdings | 12 | 22 |
| YTD Return | -15.10%Best | -29.24% |
| 1Y Return | -19.59%Best | -35.00% |
| 3Y Return (annualized) | -22.21%Best | -43.34% |
| 5Y Return (annualized) | - | -33.13% |
| Volatility (annualized) | 28.6%Best | 37.4% |
| Max Drawdown | -74.8%Best | -90.8% |
| $10,000 over 4.1 years | $4,202Best | $1,298 |
| Fund Family | Direxion Shares ETF Trust | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Trading-Inverse Equity | Trading-Inverse Equity |
| Inception | Sep 7, 2022 | Nov 5, 2008 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Sep 8, 2022 to Oct 14, 2026 (4.1 years).
AMZD vs SPXS growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.1 years both funds cover.
AMZD vs SPXS Performance
Direxion Daily AMZN Bear 1X ETF (AMZD) is an ETF from Direxion Shares ETF Trust and Direxion Daily S&P 500 Bear 3X ETF (SPXS) is an ETF from Direxion Shares ETF Trust. Over the past year AMZD returned -19.59% while SPXS returned -35.00%. Year to date, AMZD is down 15.10% versus a loss of 29.24% for SPXS.
Over three years, AMZD compounded at -22.21% per year against -43.34% for SPXS. Across the full 4-year window we track, AMZD has the edge at -19.06% annualized vs -39.23%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPXS has been the more volatile fund, with annualized monthly volatility of 37.4% compared with 28.6% for AMZD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -74.8% for AMZD and -90.8% for SPXS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AMZD charges 1.02% per year while SPXS charges 1.02%. On a $10,000 position that is $102 vs $102 annually. On income, AMZD currently yields 2.73% against 4.64% for SPXS.
Holdings Overlap
We hold position weights for 3 holdings in AMZD and 3 in SPXS, totalling 82.1% and 89.9% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 3 positions appear in both.
3 positions in common, counted across the 3 positions we hold weights for in AMZD and 3 in SPXS, against full books of 12 and 22.
You are not choosing between two funds in isolation.
Whichever of AMZD and SPXS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AMZD or SPXS?
AMZD has an expense ratio of 1.02% while SPXS charges 1.02%. At the precision these are quoted to, they cost the same.
Which performed better, AMZD or SPXS?
Over the past year AMZD returned -19.59% vs -35.00% for SPXS, so AMZD leads on 1-year performance. Over the longest common window we track (4 years), AMZD annualized -19.06% vs -39.23% for SPXS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMZD or SPXS?
SPXS has been the more volatile fund at 37.4% annualized versus 28.6% for AMZD. Worst drawdown: AMZD -74.8% vs SPXS -90.8%.
Should I hold both AMZD and SPXS?
AMZD and SPXS have a monthly-return correlation of 0.55, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AMZD or SPXS?
AMZD yields 2.73% while SPXS yields 4.64%, so SPXS currently pays the higher dividend yield.
Is SPXS better than AMZD?
AMZD led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.