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DFEN vs GNMA

Comparison between DIREXION DAILY AEROSPACE & DEFENSE BULL 3X SHARES (DFEN, ETF) and ISHARES GNMA BOND ETF (GNMA, ETF).

5-Year PerformanceDFEN has outperformed GNMA, delivering a return of +33.5% compared to +0.6%

DFEN vs GNMA - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
DFEN
$428M
Winner
GNMA
$429M
Expense Ratio
DFEN
N/A
GNMA
0.10%
Max Drawdown
DFEN
91.36%
Winner
GNMA
23.27%
Sharpe Ratio
Winner
DFEN
1.22
GNMA
0.54
5Y Beta
DFEN
2.66
Winner
GNMA
0.04
P/E Ratio
DFEN
53.92
GNMA
N/A
Forward P/E
DFEN
33.65
GNMA
N/A
PEG Ratio
DFEN
0.48
GNMA
N/A
5Y Dividends CAGR
Winner
DFEN
127.25%
GNMA
18.02%
Debt to Equity
DFEN
106.96%
GNMA
N/A

DFEN vs GNMA - Historical Returns

Returns include dividend reinvestment.

1M
Winner
DFEN
+24.62%
GNMA
+1.18%
3M
Winner
DFEN
+1.55%
GNMA
+0.43%
6M
Winner
DFEN
+31.06%
GNMA
+1.04%
1Y
Winner
DFEN
+91.35%
GNMA
+5.94%
5Y(CAGR)
Winner
DFEN
+33.54%
GNMA
+0.61%
10Y(CAGR)
Winner
DFEN
+17.15%
GNMA
+1.20%
Max(CAGR)
Winner
DFEN
+17.15%
GNMA
+1.39%

DFEN vs GNMA - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

YearDFENGNMA
2026+9.83%+1.23%
2025+158.50%+8.45%
2024+31.54%+1.71%
2023+25.88%+4.84%
2022+4.26%-10.46%
2021+29.03%-1.82%
2020-72.31%+3.43%
2019+92.37%+5.88%
2018-32.87%+0.79%
2017+83.60%+1.79%
2016N/A+0.96%
2015N/A+0.80%
2014N/A+6.51%
2013N/A-2.32%
2012N/A+1.55%

DFEN vs GNMA Drawdown Comparison

The maximum drawdown for DFEN was -91.36%, occurring on Mar 23, 2020. Recovery took 1372 trading sessions.

The maximum drawdown for GNMA was -17.09%, occurring on Oct 20, 2022. Recovery took 1416 trading sessions.

The current DFEN drawdown is -20.73%. The current GNMA drawdown is -1.11%.

RankDFENGNMA
#1-91.36%
Feb 12, 2020 - Jul 30, 2025
-17.09%
Apr 8, 2020 - Nov 25, 2025
#2-61.07%
Oct 3, 2018 - Sep 16, 2019
-9.58%
Aug 15, 2012 - Jan 20, 2016
#3-41.75%
Mar 2, 2026 - Mar 30, 2026
-3.06%
Aug 10, 2016 - Sep 5, 2017
#4-26.58%
Oct 27, 2025 - Jan 2, 2026
-2.96%
Sep 5, 2017 - Dec 28, 2018
#5-25.73%
Jan 29, 2018 - Sep 6, 2018
-2.61%
Feb 27, 2026 - May 19, 2026
#6-21.82%
Jan 16, 2026 - Mar 2, 2026
-2.52%
Mar 9, 2020 - Mar 24, 2020
#7-19.97%
Sep 18, 2019 - Nov 15, 2019
-1.33%
Jun 15, 2012 - Jul 31, 2012
#8-13.84%
Nov 15, 2019 - Jan 16, 2020
-1.27%
May 31, 2012 - Jun 15, 2012
#9-12.77%
Oct 8, 2025 - Oct 24, 2025
-1.25%
Feb 11, 2016 - Jun 10, 2016
#10-10.68%
Oct 20, 2017 - Nov 30, 2017
-1.10%
Aug 9, 2012 - Aug 15, 2012
#11-8.98%
Jul 30, 2025 - Aug 26, 2025
-1.05%
Aug 2, 2012 - Aug 9, 2012
#12-8.12%
Jan 16, 2020 - Feb 5, 2020
-0.84%
May 16, 2012 - May 31, 2012
#13-8.00%
Jun 2, 2017 - Jul 5, 2017
-0.84%
Mar 13, 2012 - Mar 29, 2012
#14-6.78%
Nov 30, 2017 - Dec 15, 2017
-0.79%
Nov 25, 2025 - Dec 31, 2025
#15-6.65%
May 5, 2017 - May 22, 2017
-0.72%
Mar 28, 2019 - May 6, 2019

Correlation

Correlation between DFEN and GNMA is 0.32 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.32
-101

Dividend Comparison (2012 - 2026)

DFEN vs GNMA dividend yield comparison.

YearDFENGNMA
20260.05%1.74%
20258.89%4.19%
202414.12%4.15%
20231.13%3.43%
20220.46%2.01%
20211.89%0.64%
20200.48%1.89%
20190.50%2.61%
20181.07%2.41%
20171.50%2.15%
20160.00%1.89%
20150.00%1.50%
20140.00%1.22%
20130.00%1.06%
20120.00%1.29%

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