FLC vs SPDN

Comparison between Flaherty & Crumrine Total Return Fund Inc (FLC, ETF) and DIREXION DAILY S&P 500 (R) BEAR 1X SHARES (SPDN, ETF).

5-Year PerformanceFLC has outperformed SPDN, delivering a return of +0.3% compared to -8.0%

FLC vs SPDN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLC(ETF)	SPDN(ETF)
Net Assets	$195M	$195M
Expense Ratio	N/A	0.48%
Max Drawdown	83.05%	79.63%
Sharpe Ratio	0.40	-1.23
5Y Beta	0.34	-0.97
5Y Dividends CAGR	-3.01%	N/A

Net Assets

Winner

FLC

$195M

SPDN

$195M

Expense Ratio

FLC

N/A

SPDN

0.48%

Max Drawdown

FLC

83.05%

Winner

SPDN

79.63%

Sharpe Ratio

Winner

FLC

0.40

SPDN

-1.23

5Y Beta

FLC

0.34

Winner

SPDN

-0.97

5Y Dividends CAGR

FLC

-3.01%

SPDN

N/A

FLC vs SPDN - Historical Returns

Returns include dividend reinvestment.

Period	FLC	SPDN
1 month	+2.26%	+0.10%
3 months	+0.10%	-4.79%
6 months	-0.12%	-6.55%
1 year	+6.75%	-11.89%
5 years(CAGR)	+0.25%	-8.04%
10 years(CAGR)	+4.63%	-12.17%
Max(CAGR)	+6.79%	-12.26%

Winner

FLC

+2.26%

SPDN

+0.10%

Winner

FLC

+0.10%

SPDN

-4.79%

Winner

FLC

-0.12%

SPDN

-6.55%

Winner

FLC

+6.75%

SPDN

-11.89%

5Y(CAGR)

Winner

FLC

+0.25%

SPDN

-8.04%

10Y(CAGR)

Winner

FLC

+4.63%

SPDN

-12.17%

Max(CAGR)

Winner

FLC

+6.79%

SPDN

-12.26%

FLC vs SPDN - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	FLC	SPDN
2026	+0.22%	-6.65%
2025	+11.76%	-11.32%
2024	+22.19%	-13.44%
2023	-1.94%	-15.40%
2022	-25.34%	+19.39%
2021	+4.44%	-24.71%
2020	+13.45%	-23.87%
2019	+37.30%	-21.99%
2018	-13.29%	+6.21%
2017	+16.24%	-16.49%
2016	+11.03%	-6.92%
2015	+3.84%	N/A
2014	+14.49%	N/A
2013	-1.28%	N/A
2012	+18.17%	N/A
2011	+18.59%	N/A
2010	+29.30%	N/A
2009	+92.93%	N/A
2008	-45.87%	N/A
2007	-15.44%	N/A
2006	+19.12%	N/A
2005	-15.77%	N/A
2004	+5.81%	N/A
2003	+4.93%	N/A

FLC vs SPDN Drawdown Comparison

The maximum drawdown for FLC was -76.84%, occurring on Oct 10, 2008. Recovery took 739 trading sessions.

The maximum drawdown for SPDN was -75.30%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current FLC drawdown is -3.02%. The current SPDN drawdown is -74.85%.

Rank	FLC	SPDN
#1	-76.84% Mar 23, 2007 - Mar 1, 2010	-75.30% Jun 27, 2016 - Jun 2, 2026
#2	-55.27% Feb 10, 2020 - Nov 10, 2020	-2.37% Jun 16, 2016 - Jun 24, 2016
#3	-40.11% Oct 22, 2021 - Feb 11, 2026	N/A
#4	-19.34% May 18, 2011 - Dec 21, 2011	N/A
#5	-18.80% Feb 4, 2005 - Nov 24, 2006	N/A
#6	-18.66% Jul 14, 2017 - May 3, 2019	N/A
#7	-17.62% May 7, 2013 - Apr 11, 2014	N/A
#8	-17.20% Mar 15, 2004 - Feb 4, 2005	N/A
#9	-16.37% Jul 8, 2016 - Apr 24, 2017	N/A
#10	-13.55% May 3, 2010 - Jun 14, 2010	N/A
#11	-11.81% Jan 29, 2015 - Jan 29, 2016	N/A
#12	-11.09% Oct 16, 2012 - Jan 10, 2013	N/A
#13	-11.08% Oct 13, 2010 - Feb 14, 2011	N/A
#14	-8.96% Dec 22, 2020 - Mar 30, 2021	N/A
#15	-8.34% Feb 11, 2026 - Mar 27, 2026	N/A

Correlation

Correlation between FLC and SPDN is -0.75 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.75

-101

Dividend Comparison (2003 - 2026)

FLC vs SPDN dividend yield comparison.

Year	FLC	SPDN
2026	3.68%	1.38%
2025	6.81%	4.06%
2024	6.62%	5.32%
2023	7.38%	5.84%
2022	8.95%	0.96%
2021	6.86%	0.00%
2020	6.27%	0.10%
2019	6.31%	1.89%
2018	8.34%	1.24%
2017	7.22%	0.42%
2016	8.20%	0.00%
2015	8.51%	0.00%
2014	8.25%	0.00%
2013	9.28%	0.00%
2012	8.72%	0.00%
2011	9.08%	0.00%
2010	8.93%	0.00%
2009	9.13%	0.00%
2008	19.19%	0.00%
2007	9.08%	0.00%
2006	7.24%	0.00%
2005	9.45%	0.00%
2004	7.86%	0.00%
2003	1.41%	0.00%