EDZ vs VXZ

Comparison between DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES (EDZ, ETF) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ, ETF).

5-Year PerformanceVXZ has outperformed EDZ, delivering a return of -12.7% compared to -22.0%

EDZ vs VXZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EDZ(ETF)	VXZ(ETF)
Net Assets	$37M	$37M
Expense Ratio	N/A	0.89%
Max Drawdown	99.99%	69.00%
Sharpe Ratio	-1.61	-0.54
5Y Beta	-1.88	-1.49
5Y Dividends CAGR	24.72%	N/A

Net Assets

Winner

EDZ

$37M

VXZ

$37M

Expense Ratio

EDZ

N/A

VXZ

0.89%

Max Drawdown

EDZ

99.99%

Winner

VXZ

69.00%

Sharpe Ratio

EDZ

-1.61

Winner

VXZ

-0.54

5Y Beta

Winner

EDZ

-1.88

VXZ

-1.49

5Y Dividends CAGR

EDZ

24.72%

VXZ

N/A

EDZ vs VXZ - Historical Returns

Returns include dividend reinvestment.

Period	EDZ	VXZ
1 month	-1.75%	-2.90%
3 months	-36.75%	-3.26%
6 months	-49.47%	-1.52%
1 year	-68.75%	-9.11%
5 years(CAGR)	-21.99%	-12.71%
10 years(CAGR)	-35.23%	-2.59%
Max(CAGR)	-40.32%	-2.59%

Winner

EDZ

-1.75%

VXZ

-2.90%

EDZ

-36.75%

Winner

VXZ

-3.26%

EDZ

-49.47%

Winner

VXZ

-1.52%

EDZ

-68.75%

Winner

VXZ

-9.11%

5Y(CAGR)

EDZ

-21.99%

Winner

VXZ

-12.71%

10Y(CAGR)

EDZ

-35.23%

Winner

VXZ

-2.59%

Max(CAGR)

EDZ

-40.32%

Winner

VXZ

-2.59%

EDZ vs VXZ - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	EDZ	VXZ
2026	-43.02%	+1.99%
2025	-59.66%	+5.13%
2024	-16.21%	-12.29%
2023	-17.83%	-43.19%
2022	+52.78%	+1.69%
2021	-6.91%	-18.73%
2020	-66.72%	+76.74%
2019	-42.69%	-19.12%
2018	+41.14%	+31.89%
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 VXZ Drawdown Comparison

The maximum drawdown for EDZ was -99.99%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The maximum drawdown for VXZ was -69.00%, occurring on Nov 29, 2024. This drawdown has not yet recovered.

The current EDZ drawdown is -99.99%. The current VXZ drawdown is -64.79%.

Rank	EDZ	VXZ
#1	-99.99% Mar 2, 2009 - Jun 2, 2026	-69.00% Mar 18, 2020 - Nov 29, 2024
#2	-41.31% Jan 20, 2009 - Mar 2, 2009	-28.77% Apr 4, 2018 - Mar 9, 2020
#3	-27.71% Dec 30, 2008 - Jan 12, 2009	-6.59% Mar 2, 2018 - Apr 2, 2018
#4	-7.31% Jan 14, 2009 - Jan 20, 2009	-6.05% Feb 14, 2018 - Mar 1, 2018
#5	-1.62% Jan 12, 2009 - Jan 14, 2009	-4.85% Mar 12, 2020 - Mar 16, 2020
#6	N/A	-3.49% Mar 9, 2020 - Mar 11, 2020
#7	N/A	-1.07% Jan 18, 2018 - Jan 23, 2018