EDZ vs TNXT

Comparison between DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES (EDZ, ETF) and T. ROWE PRICE INNOVATION LEADERS ETF (TNXT, ETF).

EDZ vs TNXT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EDZ(ETF)	TNXT(ETF)
Net Assets	$18M	$18M
Expense Ratio	N/A	0.49%
Max Drawdown	99.99%	12.97%
Sharpe Ratio	-1.27	1.19
5Y Beta	-1.63	1.38
P/E Ratio	N/A	55.30
Forward P/E	N/A	20.70
5Y EPS CAGR	N/A	31.52%
P/S Ratio	N/A	2.35
P/B Ratio	N/A	7.09

Net Assets

EDZ

$18M

TNXT

$18M

Expense Ratio

EDZ

N/A

TNXT

0.49%

Max Drawdown

EDZ

99.99%

Winner

TNXT

12.97%

Sharpe Ratio

EDZ

-1.27

Winner

TNXT

1.19

5Y Beta

Winner

EDZ

-1.63

TNXT

1.38

P/E Ratio

EDZ

N/A

TNXT

55.30

Forward P/E

EDZ

N/A

TNXT

20.70

5Y EPS CAGR

EDZ

N/A

TNXT

31.52%

P/S Ratio

EDZ

N/A

TNXT

2.35

P/B Ratio

EDZ

N/A

TNXT

7.09

EDZ vs TNXT - Holdings Comparison

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

EDZ's top 25 holdings weight is 75.57%. TNXT's top 25 holdings weight is 49.13%.

Rank	EDZ	TNXT
#1	GOLDMAN SACHS FS TREASURY INTMS INSTL (FTIXX) - 75.57%	NVIDIA CORP (NVDA) - 7.76%
#2	N/A	APPLE INC (AAPL) - 5.36%
#3	N/A	AMAZON.COM INC (AMZN) - 3.86%
#4	N/A	MICROSOFT CORP (MSFT) - 3.55%
#5	N/A	BROADCOM INC (AVGO) - 2.70%
#6	N/A	ALPHABET INC CLASS A (GOOGL) - 2.28%
#7	N/A	ADVANCED MICRO DEVICES INC (AMD) - 2.10%
#8	N/A	ALPHABET INC CLASS C (GOOG) - 2.08%
#9	N/A	ELI LILLY AND CO (LLY) - 1.96%
#10	N/A	MICRON TECHNOLOGY INC (MU) - 1.57%
#11	N/A	TESLA INC (TSLA) - 1.55%
#12	N/A	META PLATFORMS INC CLASS A (META) - 1.52%
#13	N/A	VISA INC CLASS A (V) - 1.46%
#14	N/A	INTEL CORP (INTC) - 1.26%
#15	N/A	MASTERCARD INC CLASS A (MA) - 1.24%
#16	N/A	UNITEDHEALTH GROUP INC (UNH) - 1.11%
#17	N/A	BLOCK INC CLASS A (XYZ) - 1.06%
#18	N/A	MODERNA INC (MRNA) - 1.06%
#19	N/A	n/a (TSM) - 1.01%
#20	N/A	BRISTOL-MYERS SQUIBB CO (BMY) - 0.90%
#21	N/A	n/a (SPCX) - 0.77%
#22	N/A	GILEAD SCIENCES INC (GILD) - 0.76%
#23	N/A	ASML HOLDING NV ADR (ASML) - 0.75%
#24	N/A	VERTEX PHARMACEUTICALS INC (VRTX) - 0.74%
#25	N/A	CORPAY INC (CPAY) - 0.72%
Total Holdings	1	292

EDZ vs TNXT - Historical Returns

Returns include dividend reinvestment.

Period	EDZ	TNXT
1 month	-18.22%	+7.30%
3 months	-9.31%	+5.93%
6 months	-37.83%	+20.78%
1 year	-69.76%	N/A
5 years(CAGR)	-28.50%	N/A
10 years(CAGR)	-34.84%	N/A
Max(CAGR)	-40.75%	+29.60%

EDZ

-18.22%

Winner

TNXT

+7.30%

EDZ

-9.31%

Winner

TNXT

+5.93%

EDZ

-37.83%

Winner

TNXT

+20.78%

EDZ

-69.76%

TNXT

N/A

5Y(CAGR)

EDZ

-28.50%

TNXT

N/A

10Y(CAGR)

EDZ

-34.84%

TNXT

N/A

Max(CAGR)

EDZ

-40.75%

Winner

TNXT

+29.60%

EDZ vs TNXT - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	EDZ	TNXT
2026	-55.37%	+16.08%
2025	-59.66%	N/A
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 TNXT 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 TNXT was -12.97%, occurring on Mar 30, 2026. Recovery took 52 trading sessions.

The current EDZ drawdown is -99.99%.

Rank	EDZ	TNXT
#1	-99.99% Mar 2, 2009 - Jun 22, 2026	-12.97% Jan 29, 2026 - Apr 15, 2026
#2	-41.31% Jan 20, 2009 - Mar 2, 2009	-6.43% Jun 1, 2026 - Jun 30, 2026
#3	-27.71% Dec 30, 2008 - Jan 12, 2009	-5.91% Jul 9, 2026 - Aug 4, 2026
#4	-7.31% Jan 14, 2009 - Jan 20, 2009	-3.00% May 14, 2026 - May 26, 2026
#5	-1.62% Jan 12, 2009 - Jan 14, 2009	-1.60% Aug 13, 2026 - Aug 27, 2026
#6	N/A	-1.31% Apr 24, 2026 - May 1, 2026
#7	N/A	-1.19% Apr 17, 2026 - Apr 24, 2026
#8	N/A	-1.10% Jul 6, 2026 - Jul 9, 2026
#9	N/A	-0.98% Jun 30, 2026 - Jul 6, 2026
#10	N/A	-0.65% May 11, 2026 - May 13, 2026
#11	N/A	-0.61% May 6, 2026 - May 8, 2026
#12	N/A	-0.57% Aug 4, 2026 - Aug 7, 2026
#13	N/A	-0.40% Aug 7, 2026 - Aug 12, 2026
#14	N/A	-0.29% May 28, 2026 - Jun 1, 2026

Correlation

Correlation between EDZ and TNXT is -0.94 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.94

-101