ERX vs ECOW

Comparison between DIREXION DAILY ENERGY BULL 2X SHARES (ERX, ETF) and PACER EMERGING MARKETS CASH COWS 100 ETF (ECOW, ETF).

5-Year PerformanceERX has outperformed ECOW, delivering a return of +34.9% compared to +7.6%

ERX vs ECOW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ERX(ETF)	ECOW(ETF)
Net Assets	$211M	$210M
Expense Ratio	N/A	0.70%
Max Drawdown	99.56%	41.32%
Sharpe Ratio	1.50	1.58
5Y Beta	1.01	0.59
P/E Ratio	22.11	N/A
Forward P/E	12.90	N/A
PEG Ratio	1.04	N/A
5Y Dividends CAGR	22.72%	9.86%
Debt to Equity	48.94%	N/A
P/S Ratio	1.67	N/A
P/B Ratio	2.52	N/A

Net Assets

Winner

ERX

$211M

ECOW

$210M

Expense Ratio

ERX

N/A

ECOW

0.70%

Max Drawdown

ERX

99.56%

Winner

ECOW

41.32%

Sharpe Ratio

ERX

1.50

Winner

ECOW

1.58

5Y Beta

ERX

1.01

Winner

ECOW

0.59

P/E Ratio

ERX

22.11

ECOW

N/A

Forward P/E

ERX

12.90

ECOW

N/A

PEG Ratio

ERX

1.04

ECOW

N/A

5Y Dividends CAGR

Winner

ERX

22.72%

ECOW

9.86%

Debt to Equity

ERX

48.94%

ECOW

N/A

P/S Ratio

ERX

1.67

ECOW

N/A

P/B Ratio

ERX

2.52

ECOW

N/A

ERX vs ECOW - Holdings Comparison

ERX and ECOW have 1 common holdings. Overlap is -1.78%

ERX's top 25 holdings weight is 110.13%. ECOW's top 25 holdings weight is 48.12%.

Rank	ERX	ECOW
#1	DREYFUS GOVT CASH MAN INS (n/a) - 18.14%	MTN GROUP LTD (n/a) - 2.20%
#2	EXXONMOBIL HOLDINGS CORP (XOM) - 15.06%	NETEASE INC ORDINARY SHARES (n/a) - 2.16%
#3	CHEVRON CORP (CVX) - 11.04%	DUBAI ELECTRICITY & WATER AUTHORITY PJSC (n/a) - 2.15%
#4	ENERGY SELECT SECTOR INDEX SWAP (n/a) - 10.63%	ADNOC GAS PLC (n/a) - 2.14%
#5	GOLDMAN FINL SQ TRSRY INST 506 (n/a) - 6.23%	AXIA ENERGIA (n/a) - 2.14%
#6	CONOCOPHILLIPS (COP) - 4.42%	n/a (n/a) - 2.13%
#7	MARATHON PETROLEUM CORP (MPC) - 3.70%	n/a (n/a) - 2.11%
#8	PHILLIPS 66 (PSX) - 3.66%	LATAM AIRLINES GROUP SA (n/a) - 2.11%
#9	VALERO ENERGY CORP (VLO) - 3.58%	TELEFONICA BRASIL SA (n/a) - 2.10%
#10	EOG RESOURCES INC (EOG) - 3.31%	AMBEV SA (n/a) - 2.02%
#11	SLB LTD (SLB) - 3.24%	WAL MART DE MEXICO SAB DE CV (n/a) - 1.99%
#12	WILLIAMS COMPANIES INC (WMB) - 3.22%	GOLD FIELDS LTD (n/a) - 1.95%
#13	KINDER MORGAN INC CLASS P (KMI) - 3.10%	GEELY AUTOMOBILE HOLDINGS LTD (n/a) - 1.92%
#14	TARGA RESOURCES CORP (TRGP) - 2.94%	TIM SA ORDINARY SHARES (n/a) - 1.85%
#15	ONEOK INC (OKE) - 2.81%	INDUSTRIAS PENOLES SAB DE CV (n/a) - 1.85%
#16	BAKER HUGHES CO CLASS A (BKR) - 2.79%	n/a (n/a) - 1.85%
#17	DEVON ENERGY CORP (DVN) - 2.43%	PT ASTRA INTERNATIONAL TBK (n/a) - 1.84%
#18	OCCIDENTAL PETROLEUM CORP (OXY) - 1.93%	TUPRAS-TURKIYE PETROL RAFINELERI AS (n/a) - 1.82%
#19	DIAMONDBACK ENERGY INC (FANG) - 1.80%	UNI-PRESIDENT ENTERPRISES CORP (n/a) - 1.81%
#20	EQT CORP (EQT) - 1.51%	n/a (n/a) - 1.81%
#21	HALLIBURTON CO (HAL) - 1.44%	VODACOM GROUP LTD (n/a) - 1.80%
#22	TEXAS PACIFIC LAND CORP (TPL) - 1.17%	3SBIO INC SHS UNITARY 144A/REG S (n/a) - 1.67%
#23	EXPAND ENERGY CORP ORDINARY SHARES NEW (EXE) - 1.02%	GREAT WALL MOTOR CO LTD CLASS H (n/a) - 1.65%
#24	APA CORP (APA) - 0.59%	FORD OTOMOTIV SANAYI AS (n/a) - 1.53%
#25	GOLDMAN SACHS FIN GOV 465 INSTITUT (n/a) - 0.37%	BYD ELECTRONIC (INTERNATIONAL) CO LTD (n/a) - 1.52%
Total Holdings	26	110

ERX vs ECOW - Historical Returns

Returns include dividend reinvestment.

Period	ERX	ECOW
1 month	+16.38%	+2.69%
3 months	+8.42%	-0.29%
6 months	+40.47%	+6.58%
1 year	+81.92%	+28.15%
5 years(CAGR)	+34.93%	+7.59%
10 years(CAGR)	-9.42%	N/A
Max(CAGR)	-6.34%	+7.37%

Winner

ERX

+16.38%

ECOW

+2.69%

Winner

ERX

+8.42%

ECOW

-0.29%

Winner

ERX

+40.47%

ECOW

+6.58%

Winner

ERX

+81.92%

ECOW

+28.15%

5Y(CAGR)

Winner

ERX

+34.93%

ECOW

+7.59%

10Y(CAGR)

ERX

-9.42%

ECOW

N/A

Max(CAGR)

ERX

-6.34%

Winner

ECOW

+7.37%

ERX vs ECOW - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	ERX	ECOW
2026	+59.18%	+11.88%
2025	+0.50%	+32.71%
2024	-1.37%	+4.16%
2023	-5.50%	+15.13%
2022	+117.39%	-19.70%
2021	+111.11%	+6.91%
2020	-91.81%	-4.71%
2019	+10.44%	+10.33%
2018	-58.08%	N/A
2017	-14.61%	N/A
2016	+69.90%	N/A
2015	-61.81%	N/A
2014	-29.85%	N/A
2013	+73.35%	N/A
2012	-3.89%	N/A
2011	-21.69%	N/A
2010	+36.77%	N/A
2009	+0.01%	N/A
2008	-4.91%	N/A

ERX vs ECOW Drawdown Comparison

The maximum drawdown for ERX was -99.54%, occurring on Mar 23, 2020. This drawdown has not yet recovered.

The maximum drawdown for ECOW was -40.27%, occurring on Mar 18, 2020. Recovery took 260 trading sessions.

The current ERX drawdown is -91.63%. The current ECOW drawdown is -3.65%.

Rank	ERX	ECOW
#1	-99.54% Jun 23, 2014 - Mar 23, 2020	-40.27% Jan 2, 2020 - Jan 13, 2021
#2	-69.51% Apr 29, 2011 - Apr 1, 2014	-33.68% Jun 10, 2021 - Oct 2, 2024
#3	-66.34% Nov 26, 2008 - Oct 19, 2009	-18.75% Oct 7, 2024 - Jun 12, 2025
#4	-51.85% Apr 23, 2010 - Nov 11, 2010	-9.93% Jul 23, 2019 - Nov 4, 2019
#5	-33.90% Nov 19, 2008 - Nov 24, 2008	-8.35% Feb 25, 2026 - Apr 14, 2026
#6	-30.48% Oct 19, 2009 - Apr 23, 2010	-7.92% May 6, 2026 - Jun 10, 2026
#7	-18.56% Mar 3, 2011 - Mar 29, 2011	-5.35% Jan 20, 2021 - Feb 12, 2021
#8	-15.63% Apr 5, 2011 - Apr 29, 2011	-5.16% May 6, 2019 - Jun 26, 2019
#9	-11.21% Nov 11, 2010 - Dec 1, 2010	-4.61% Feb 19, 2021 - Mar 16, 2021
#10	-6.80% Apr 3, 2014 - Apr 15, 2014	-4.58% Mar 19, 2021 - Apr 16, 2021
#11	-5.46% May 7, 2014 - May 29, 2014	-4.17% May 10, 2021 - Jun 3, 2021
#12	-5.38% Jan 18, 2011 - Jan 26, 2011	-4.13% Nov 12, 2025 - Jan 5, 2026
#13	-4.83% Feb 28, 2011 - Mar 3, 2011	-3.80% Sep 30, 2025 - Oct 23, 2025
#14	-4.56% Feb 7, 2011 - Feb 14, 2011	-3.51% Jun 12, 2025 - Jun 30, 2025
#15	-4.13% Feb 23, 2011 - Feb 28, 2011	-3.00% Apr 17, 2026 - May 5, 2026

Correlation

Correlation between ERX and ECOW is 0.19 which considered as a very weak or no correlation - the stocks move independently of each other.

0.19

-101

Dividend Comparison (2008 - 2026)

ERX vs ECOW dividend yield comparison.

Year	ERX	ECOW
2026	0.83%	0.34%
2025	2.54%	5.20%
2024	2.94%	7.35%
2023	3.17%	5.47%
2022	2.23%	7.50%
2021	2.16%	4.39%
2020	2.35%	3.35%
2019	1.56%	8.08%
2018	3.10%	0.00%
2017	0.85%	0.00%
2010	0.69%	0.00%
2009	12.29%	0.00%
2008	0.02%	0.00%