DUST vs FAZ
Direxion Daily Gold Miners Index Bear 2X ETF vs Direxion Daily Financial Bear 3X ETF
Which is better, DUST or FAZ?
FAZ has been ahead.
DUST has a lower expense ratio. FAZ led over 1Y, 3Y, 5Y 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 | DUST | FAZ |
|---|---|---|
| Expense Ratio | 0.93%Best | 1.04% |
| AUM | $89M | $93M |
| Dividend Yield | 5.07% | 2.53% |
| Holdings | 14 | 16 |
| YTD Return | -39.87% | -0.09%Best |
| 1Y Return | -55.63% | -8.61%Best |
| 3Y Return (annualized) | -66.09% | -40.22%Best |
| 5Y Return (annualized) | -51.68% | -26.94%Best |
| Volatility (annualized) | 90.1% | 46.4%Best |
| $10,000 over 5 years | $263 | $2,082Best |
| Fund Family | Direxion Shares ETF Trust | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Trading-Inverse Equity | Trading-Inverse Equity |
| Inception | Dec 8, 2010 | Nov 6, 2008 |
Not shown on this pair: Max Drawdown, Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 8, 2010 to Oct 14, 2026 (15.8 years).
DUST vs FAZ 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 15.8 years both funds cover.
DUST vs FAZ Performance
Direxion Daily Gold Miners Index Bear 2X ETF (DUST) is an ETF from Direxion Shares ETF Trust and Direxion Daily Financial Bear 3X ETF (FAZ) is an ETF from Direxion Shares ETF Trust. Over the past year DUST returned -55.63% while FAZ returned -8.61%. Year to date, DUST is down 39.87% versus a loss of 0.09% for FAZ.
Over three years, DUST compounded at -66.09% per year against -40.22% for FAZ; over five years the annualized figures are -51.68% and -26.94% respectively. Across the full 16-year window we track, FAZ has the edge at -43.13% annualized vs -49.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DUST has been the more volatile fund, with annualized monthly volatility of 90.1% compared with 46.4% for FAZ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.04. They move largely independently of each other.
Fees and Cost Over Time
DUST charges 0.93% per year while FAZ charges 1.04%. On a $10,000 position that is $93 vs $104 annually, a gap of $11 per year that compounds over a long holding period. On income, DUST currently yields 5.07% against 2.53% for FAZ.
Holdings Overlap
We hold position weights for 2 holdings in DUST and 3 in FAZ, totalling 102.4% and 102.9% 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, 2 positions appear in both.
2 positions in common, counted across the 2 positions we hold weights for in DUST and 3 in FAZ, against full books of 14 and 16.
You are not choosing between two funds in isolation.
Whichever of DUST and FAZ 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, DUST or FAZ?
DUST has an expense ratio of 0.93% while FAZ charges 1.04%. DUST is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, DUST or FAZ?
Over the past year DUST returned -55.63% vs -8.61% for FAZ, so FAZ leads on 1-year performance. Over the longest common window we track (16 years), DUST annualized -49.55% vs -43.13% for FAZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DUST or FAZ?
DUST has been the more volatile fund at 90.1% annualized versus 46.4% for FAZ.
Should I hold both DUST and FAZ?
DUST and FAZ have a monthly-return correlation of 0.04, 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, DUST or FAZ?
DUST yields 5.07% while FAZ yields 2.53%, so DUST currently pays the higher dividend yield.
Is FAZ better than DUST?
DUST has a lower expense ratio. FAZ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.