FTBD vs EDZ
Comparison between FIDELITY TACTICAL BOND ETF (FTBD, ETF) and DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES (EDZ, ETF).
FTBD vs EDZ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
FTBD
$37M
EDZ
$37M
Expense Ratio
FTBD
0.55%
EDZ
N/A
Max Drawdown
Winner
FTBD
9.88%
EDZ
99.99%
Sharpe Ratio
Winner
FTBD
0.41
EDZ
-1.61
5Y Beta
FTBD
0.07
Winner
EDZ
-1.88
5Y Dividends CAGR
FTBD
N/A
EDZ
24.72%
FTBD vs EDZ - Historical Returns
Returns include dividend reinvestment.
1M
Winner
FTBD
-0.12%
EDZ
-1.75%
3M
Winner
FTBD
-0.56%
EDZ
-36.75%
6M
Winner
FTBD
+0.96%
EDZ
-49.47%
1Y
Winner
FTBD
+5.71%
EDZ
-68.75%
5Y(CAGR)
FTBD
N/A
EDZ
-21.99%
10Y(CAGR)
FTBD
N/A
EDZ
-35.23%
Max(CAGR)
Winner
FTBD
+4.29%
EDZ
-40.32%
FTBD vs EDZ - Annual Returns (2008 - 2026)
Returns include dividend reinvestment.
| Year | FTBD | EDZ |
|---|---|---|
| 2026 | +0.88% | -43.02% |
| 2025 | +8.34% | -59.66% |
| 2024 | +2.34% | -16.21% |
| 2023 | +3.72% | -17.83% |
| 2022 | N/A | +52.78% |
| 2021 | N/A | -6.91% |
| 2020 | N/A | -66.72% |
| 2019 | N/A | -42.69% |
| 2018 | N/A | +41.14% |
| 2017 | N/A | -62.75% |
| 2016 | N/A | -50.12% |
| 2015 | N/A | +20.96% |
| 2014 | N/A | -15.48% |
| 2013 | N/A | -5.95% |
| 2012 | N/A | -49.67% |
| 2011 | N/A | -0.20% |
| 2010 | N/A | -55.21% |
| 2009 | N/A | -91.17% |
| 2008 | N/A | -4.29% |
FTBD vs EDZ Drawdown Comparison
The maximum drawdown for FTBD was -6.98%, occurring on Oct 19, 2023. Recovery took 212 trading sessions.
The maximum drawdown for EDZ was -99.99%, occurring on Jun 2, 2026. This drawdown has not yet recovered.
The current FTBD drawdown is -1.45%. The current EDZ drawdown is -99.99%.
| Rank | FTBD | EDZ |
|---|---|---|
| #1 | -6.98% Feb 2, 2023 - Dec 6, 2023 | -99.99% Mar 2, 2009 - Jun 2, 2026 |
| #2 | -4.94% Sep 16, 2024 - Jun 24, 2025 | -41.31% Jan 20, 2009 - Mar 2, 2009 |
| #3 | -3.80% Dec 27, 2023 - Jun 18, 2024 | -27.71% Dec 30, 2008 - Jan 12, 2009 |
| #4 | -2.98% Feb 27, 2026 - Mar 27, 2026 | -7.31% Jan 14, 2009 - Jan 20, 2009 |
| #5 | -1.52% Jun 18, 2024 - Jul 5, 2024 | -1.62% Jan 12, 2009 - Jan 14, 2009 |
| #6 | -1.21% Jul 1, 2025 - Jul 29, 2025 | N/A |
| #7 | -1.18% Oct 28, 2025 - Jan 14, 2026 | N/A |
| #8 | -1.09% Aug 2, 2024 - Aug 14, 2024 | N/A |
| #9 | -1.07% Jul 17, 2024 - Jul 31, 2024 | N/A |
| #10 | -0.83% Sep 16, 2025 - Oct 14, 2025 | N/A |
| #11 | -0.75% Aug 13, 2025 - Aug 28, 2025 | N/A |
| #12 | -0.61% Dec 7, 2023 - Dec 13, 2023 | N/A |
| #13 | -0.57% Aug 21, 2024 - Sep 4, 2024 | N/A |
| #14 | -0.52% Jan 15, 2026 - Jan 26, 2026 | N/A |
| #15 | -0.45% Aug 14, 2024 - Aug 19, 2024 | N/A |
Correlation
Correlation between FTBD and EDZ is -0.97 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.
-0.97
-101
Dividend Comparison (2018 - 2026)
FTBD vs EDZ dividend yield comparison.
| Year | FTBD | EDZ |
|---|---|---|
| 2026 | 1.86% | 1.35% |
| 2025 | 5.04% | 6.58% |
| 2024 | 4.76% | 4.87% |
| 2023 | 4.69% | 4.34% |
| 2020 | 0.00% | 0.82% |
| 2019 | 0.00% | 1.67% |
| 2018 | 0.00% | 0.68% |
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