EDZ vs HFEQ

Comparison between DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES (EDZ, ETF) and UNLIMITED HFEQ EQUITY LONG/SHORT ETF (HFEQ, ETF).

EDZ vs HFEQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EDZ(ETF)	HFEQ(ETF)
Net Assets	$18M	$18M
Expense Ratio	N/A	0.96%
Max Drawdown	99.99%	13.58%
Sharpe Ratio	-1.27	1.09
5Y Beta	-1.63	1.49

Net Assets

EDZ

$18M

HFEQ

$18M

Expense Ratio

EDZ

N/A

HFEQ

0.96%

Max Drawdown

EDZ

99.99%

Winner

HFEQ

13.58%

Sharpe Ratio

EDZ

-1.27

Winner

HFEQ

1.09

5Y Beta

Winner

EDZ

-1.63

HFEQ

1.49

EDZ vs HFEQ - Holdings Comparison

EDZ and HFEQ have 0 common holdings. Overlap is 0.00%

EDZ's top 25 holdings weight is 75.57%. HFEQ's top 25 holdings weight is 100.00%.

Rank	EDZ	HFEQ
#1	GOLDMAN SACHS FS TREASURY INTMS INSTL (FTIXX) - 75.57%	VANGUARD MSTAR VALUE ETF (VTV) - 26.57%
#2	N/A	VANGUARD MSTAR MID CAP ETF (VO) - 18.97%
#3	N/A	E-MINI NASDAQ 100 FUTURE SEPT 26 (n/a) - 18.37%
#4	N/A	EURO STOXX 50 FUTURE SEPT 26 (n/a) - 15.43%
#5	N/A	MSCI EMERGING MARKETS INDEX FUTURE SEPT 26 (n/a) - 13.25%
#6	N/A	MSCI EAFE INDEX FUTURE SEPT 26 (n/a) - 13.14%
#7	N/A	STATE STREET®MATSELSECTSPDR®ETF (XLB) - 10.99%
#8	N/A	E-MINI S&P 500 FUTURE SEPT 26 (n/a) - 10.29%
#9	N/A	STATE STREET® INDSTRLSELSECTSPDR®ETF (XLI) - 8.90%
#10	N/A	E-MINI FINANCIAL SELECT SECTOR FUTURE SEPT 26 (n/a) - 8.75%
#11	N/A	E-MINI RUSSELL 2000 INDEX FUTURE SEPT 26 (n/a) - 8.16%
#12	N/A	CBOE VIX FUTURE SEP26 (n/a) - 7.24%
#13	N/A	OTHER ASSETS AND LIABILITIES (n/a) - 6.98%
#14	N/A	STATE STREET® CNSMRDISCSELSECTSPDR®ETF (XLY) - 5.65%
#15	N/A	STATE STREET® SPDR® S&P® RETAIL ETF (XRT) - 5.15%
#16	N/A	STATE STREET® SPDR® S&P® BIOTECH ETF (XBI) - 4.04%
#17	N/A	NIKKEI/USD FUTURE SEPT 26 (n/a) - 3.41%
#18	N/A	STATE STREET®UTILSELSECTSPDR®ETF (XLU) - 3.32%
#19	N/A	VANGUARD US MOMENTUM FACTOR ETF (VFMO) - 3.06%
#20	N/A	STATE STREET®ENGYSELSECTSPDR®ETF (XLE) - 2.74%
#21	N/A	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 2.69%
#22	N/A	US DOLLARS (n/a) - 0.53%
#23	N/A	BTIC ON E-MINI S&P REAL ESTATE SELECT SECTOR INDEX FUTURE SEPT 26 (n/a) - -4.96%
#24	N/A	CASH OFFSET (n/a) - -92.67%
#25	N/A	N/A
Total Holdings	1	24

EDZ vs HFEQ - Historical Returns

Returns include dividend reinvestment.

Period	EDZ	HFEQ
1 month	-18.22%	+3.16%
3 months	-9.31%	+3.65%
6 months	-37.83%	+6.28%
1 year	-69.76%	+28.85%
5 years(CAGR)	-28.50%	N/A
10 years(CAGR)	-34.84%	N/A
Max(CAGR)	-40.75%	+30.77%

EDZ

-18.22%

Winner

HFEQ

+3.16%

EDZ

-9.31%

Winner

HFEQ

+3.65%

EDZ

-37.83%

Winner

HFEQ

+6.28%

EDZ

-69.76%

Winner

HFEQ

+28.85%

5Y(CAGR)

EDZ

-28.50%

HFEQ

N/A

10Y(CAGR)

EDZ

-34.84%

HFEQ

N/A

Max(CAGR)

EDZ

-40.75%

Winner

HFEQ

+30.77%

EDZ vs HFEQ - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	EDZ	HFEQ
2026	-55.37%	+15.94%
2025	-59.66%	+14.87%
2024	-16.21%	N/A
2023	-17.83%	N/A
2022	+52.78%	N/A
2021	-6.91%	N/A
2020	-66.72%	N/A
2019	-42.69%	N/A
2018	+41.14%	N/A
2017	-62.75%	N/A
2016	-50.12%	N/A
2015	+20.96%	N/A
2014	-15.48%	N/A
2013	-5.95%	N/A
2012	-49.67%	N/A
2011	-0.20%	N/A
2010	-55.21%	N/A
2009	-91.17%	N/A
2008	-4.29%	N/A

EDZ vs HFEQ Drawdown Comparison

The maximum drawdown for EDZ was -99.99%, occurring on Jun 22, 2026. This drawdown has not yet recovered.

The maximum drawdown for HFEQ was -12.46%, occurring on Mar 30, 2026. Recovery took 49 trading sessions.

The current EDZ drawdown is -99.99%. The current HFEQ drawdown is -2.33%.

Rank	EDZ	HFEQ
#1	-99.99% Mar 2, 2009 - Jun 22, 2026	-12.46% Feb 25, 2026 - May 6, 2026
#2	-41.31% Jan 20, 2009 - Mar 2, 2009	-10.71% Oct 27, 2025 - Jan 5, 2026
#3	-27.71% Dec 30, 2008 - Jan 12, 2009	-7.12% Oct 6, 2025 - Oct 24, 2025
#4	-7.31% Jan 14, 2009 - Jan 20, 2009	-5.51% Jun 30, 2026 - Aug 4, 2026
#5	-1.62% Jan 12, 2009 - Jan 14, 2009	-5.24% May 6, 2026 - May 26, 2026
#6	N/A	-4.42% Jun 4, 2026 - Jun 15, 2026
#7	N/A	-3.02% Aug 13, 2026 - Aug 20, 2026
#8	N/A	-2.72% Jul 23, 2025 - Aug 8, 2025
#9	N/A	-2.50% Jun 22, 2026 - Jun 30, 2026
#10	N/A	-2.36% Feb 20, 2026 - Feb 25, 2026
#11	N/A	-2.20% Jan 28, 2026 - Feb 6, 2026
#12	N/A	-2.15% Aug 22, 2025 - Sep 9, 2025
#13	N/A	-2.12% Feb 11, 2026 - Feb 20, 2026
#14	N/A	-2.10% Jan 12, 2026 - Jan 22, 2026
#15	N/A	-1.81% Aug 13, 2025 - Aug 22, 2025

Correlation

Correlation between EDZ and HFEQ is -0.99 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.99

-101