DUST vs TSMZ
Direxion Daily Gold Miners Index Bear 2X ETF vs Direxion Daily TSM Bear 1X ETF
Which is better, DUST or TSMZ?
TSMZ has been ahead.
DUST has a lower expense ratio. TSMZ led over 1Y 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 | TSMZ |
|---|---|---|
| Expense Ratio | 0.93%Best | 1.01% |
| AUM | $89M | $3M |
| Dividend Yield | 5.07% | 4.42% |
| Holdings | 14 | 14 |
| YTD Return | -39.87% | -32.28%Best |
| 1Y Return | -55.63% | -37.86%Best |
| 3Y Return (annualized) | -66.09% | - |
| 5Y Return (annualized) | -51.68% | - |
| Volatility (annualized) | 79.9% | 33.3%Best |
| Max Drawdown | -95.6% | -75.1%Best |
| $10,000 over 2 years | $904 | $3,361Best |
| Fund Family | Direxion Shares ETF Trust | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Trading-Inverse Equity | Trading-Inverse Equity |
| Inception | Dec 8, 2010 | Oct 3, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 3, 2024 to Oct 14, 2026 (2 years).
DUST vs TSMZ 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 2 years both funds cover.
DUST vs TSMZ Performance
Direxion Daily Gold Miners Index Bear 2X ETF (DUST) is an ETF from Direxion Shares ETF Trust and Direxion Daily TSM Bear 1X ETF (TSMZ) is an ETF from Direxion Shares ETF Trust. Over the past year DUST returned -55.63% while TSMZ returned -37.86%. Year to date, DUST is down 39.87% versus a loss of 32.28% for TSMZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DUST has been the more volatile fund, with annualized monthly volatility of 79.9% compared with 33.3% for TSMZ. 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 -95.6% for DUST and -75.1% for TSMZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.10. They move largely independently of each other.
Fees and Cost Over Time
DUST charges 0.93% per year while TSMZ charges 1.01%. On a $10,000 position that is $93 vs $101 annually, a gap of $8 per year that compounds over a long holding period. On income, DUST currently yields 5.07% against 4.42% for TSMZ.
Holdings Overlap
We hold position weights for 2 holdings in DUST and 3 in TSMZ, totalling 102.4% and 122.4% 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 TSMZ, against full books of 14 and 14.
You are not choosing between two funds in isolation.
Whichever of DUST and TSMZ 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 TSMZ?
DUST has an expense ratio of 0.93% while TSMZ charges 1.01%. DUST is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, DUST or TSMZ?
Over the past year DUST returned -55.63% vs -37.86% for TSMZ, so TSMZ leads on 1-year performance. Over the longest common window we track (2 years), DUST annualized -69.93% vs -42.03% for TSMZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DUST or TSMZ?
DUST has been the more volatile fund at 79.9% annualized versus 33.3% for TSMZ. Worst drawdown: DUST -95.6% vs TSMZ -75.1%.
Should I hold both DUST and TSMZ?
DUST and TSMZ have a monthly-return correlation of 0.10, 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 TSMZ?
DUST yields 5.07% while TSMZ yields 4.42%, so DUST currently pays the higher dividend yield.
Is TSMZ better than DUST?
DUST has a lower expense ratio. TSMZ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.