HFEQ vs EDZ

Comparison between UNLIMITED HFEQ EQUITY LONG/SHORT ETF (HFEQ, ETF) and DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES (EDZ, ETF).

HFEQ vs EDZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HFEQ(ETF)	EDZ(ETF)
Net Assets	$18M	$18M
Expense Ratio	0.96%	N/A
Max Drawdown	13.58%	99.99%
Sharpe Ratio	1.09	-1.27
5Y Beta	1.49	-1.63

Net Assets

HFEQ

$18M

EDZ

$18M

Expense Ratio

HFEQ

0.96%

EDZ

N/A

Max Drawdown

Winner

HFEQ

13.58%

EDZ

99.99%

Sharpe Ratio

Winner

HFEQ

1.09

EDZ

-1.27

5Y Beta

HFEQ

1.49

Winner

EDZ

-1.63

HFEQ vs EDZ - Holdings Comparison

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

HFEQ's top 25 holdings weight is 100.00%. EDZ's top 25 holdings weight is 75.57%.

Rank	HFEQ	EDZ
#1	VANGUARD MSTAR VALUE ETF (VTV) - 26.57%	GOLDMAN SACHS FS TREASURY INTMS INSTL (FTIXX) - 75.57%
#2	VANGUARD MSTAR MID CAP ETF (VO) - 18.97%	N/A
#3	E-MINI NASDAQ 100 FUTURE SEPT 26 (n/a) - 18.37%	N/A
#4	EURO STOXX 50 FUTURE SEPT 26 (n/a) - 15.43%	N/A
#5	MSCI EMERGING MARKETS INDEX FUTURE SEPT 26 (n/a) - 13.25%	N/A
#6	MSCI EAFE INDEX FUTURE SEPT 26 (n/a) - 13.14%	N/A
#7	STATE STREET®MATSELSECTSPDR®ETF (XLB) - 10.99%	N/A
#8	E-MINI S&P 500 FUTURE SEPT 26 (n/a) - 10.29%	N/A
#9	STATE STREET® INDSTRLSELSECTSPDR®ETF (XLI) - 8.90%	N/A
#10	E-MINI FINANCIAL SELECT SECTOR FUTURE SEPT 26 (n/a) - 8.75%	N/A
#11	E-MINI RUSSELL 2000 INDEX FUTURE SEPT 26 (n/a) - 8.16%	N/A
#12	CBOE VIX FUTURE SEP26 (n/a) - 7.24%	N/A
#13	OTHER ASSETS AND LIABILITIES (n/a) - 6.98%	N/A
#14	STATE STREET® CNSMRDISCSELSECTSPDR®ETF (XLY) - 5.65%	N/A
#15	STATE STREET® SPDR® S&P® RETAIL ETF (XRT) - 5.15%	N/A
#16	STATE STREET® SPDR® S&P® BIOTECH ETF (XBI) - 4.04%	N/A
#17	NIKKEI/USD FUTURE SEPT 26 (n/a) - 3.41%	N/A
#18	STATE STREET®UTILSELSECTSPDR®ETF (XLU) - 3.32%	N/A
#19	VANGUARD US MOMENTUM FACTOR ETF (VFMO) - 3.06%	N/A
#20	STATE STREET®ENGYSELSECTSPDR®ETF (XLE) - 2.74%	N/A
#21	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 2.69%	N/A
#22	US DOLLARS (n/a) - 0.53%	N/A
#23	BTIC ON E-MINI S&P REAL ESTATE SELECT SECTOR INDEX FUTURE SEPT 26 (n/a) - -4.96%	N/A
#24	CASH OFFSET (n/a) - -92.67%	N/A
#25	N/A	N/A
Total Holdings	24	1

HFEQ vs EDZ - Historical Returns

Returns include dividend reinvestment.

Period	HFEQ	EDZ
1 month	+3.16%	-18.22%
3 months	+3.65%	-9.31%
6 months	+6.28%	-37.83%
1 year	+28.85%	-69.76%
5 years(CAGR)	N/A	-28.50%
10 years(CAGR)	N/A	-34.84%
Max(CAGR)	+30.77%	-40.75%

Winner

HFEQ

+3.16%

EDZ

-18.22%

Winner

HFEQ

+3.65%

EDZ

-9.31%

Winner

HFEQ

+6.28%

EDZ

-37.83%

Winner

HFEQ

+28.85%

EDZ

-69.76%

5Y(CAGR)

HFEQ

N/A

EDZ

-28.50%

10Y(CAGR)

HFEQ

N/A

EDZ

-34.84%

Max(CAGR)

Winner

HFEQ

+30.77%

EDZ

-40.75%

HFEQ vs EDZ - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	HFEQ	EDZ
2026	+15.94%	-55.37%
2025	+14.87%	-59.66%
2024	N/A	-16.21%
2023	N/A	-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%

HFEQ vs EDZ Drawdown Comparison

The maximum drawdown for HFEQ was -12.46%, occurring on Mar 30, 2026. Recovery took 49 trading sessions.

The maximum drawdown for EDZ was -99.99%, occurring on Jun 22, 2026. This drawdown has not yet recovered.

The current HFEQ drawdown is -2.33%. The current EDZ drawdown is -99.99%.

Rank	HFEQ	EDZ
#1	-12.46% Feb 25, 2026 - May 6, 2026	-99.99% Mar 2, 2009 - Jun 22, 2026
#2	-10.71% Oct 27, 2025 - Jan 5, 2026	-41.31% Jan 20, 2009 - Mar 2, 2009
#3	-7.12% Oct 6, 2025 - Oct 24, 2025	-27.71% Dec 30, 2008 - Jan 12, 2009
#4	-5.51% Jun 30, 2026 - Aug 4, 2026	-7.31% Jan 14, 2009 - Jan 20, 2009
#5	-5.24% May 6, 2026 - May 26, 2026	-1.62% Jan 12, 2009 - Jan 14, 2009
#6	-4.42% Jun 4, 2026 - Jun 15, 2026	N/A
#7	-3.02% Aug 13, 2026 - Aug 20, 2026	N/A
#8	-2.72% Jul 23, 2025 - Aug 8, 2025	N/A
#9	-2.50% Jun 22, 2026 - Jun 30, 2026	N/A
#10	-2.36% Feb 20, 2026 - Feb 25, 2026	N/A
#11	-2.20% Jan 28, 2026 - Feb 6, 2026	N/A
#12	-2.15% Aug 22, 2025 - Sep 9, 2025	N/A
#13	-2.12% Feb 11, 2026 - Feb 20, 2026	N/A
#14	-2.10% Jan 12, 2026 - Jan 22, 2026	N/A
#15	-1.81% Aug 13, 2025 - Aug 22, 2025	N/A

Correlation

Correlation between HFEQ and EDZ is -0.99 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.99

-101