NFXL vs CANC

Comparison between DIREXION DAILY NFLX BULL 2X SHARES (NFXL, ETF) and Tema Oncology ETF (CANC, ETF).

NFXL vs CANC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NFXL(ETF)	CANC(ETF)
Net Assets	$176M	$176M
Expense Ratio	N/A	0.75%
Max Drawdown	73.38%	97.53%
Sharpe Ratio	-1.30	1.56
5Y Beta	1.47	0.76
P/E Ratio	N/A	-29.15
5Y EPS CAGR	N/A	11.87%
Debt to Equity	N/A	58.15%
P/S Ratio	N/A	8.53
P/B Ratio	N/A	6.45

Net Assets

Winner

NFXL

$176M

CANC

$176M

Expense Ratio

NFXL

N/A

CANC

0.75%

Max Drawdown

Winner

NFXL

73.38%

CANC

97.53%

Sharpe Ratio

NFXL

-1.30

Winner

CANC

1.56

5Y Beta

NFXL

1.47

Winner

CANC

0.76

P/E Ratio

NFXL

N/A

CANC

-29.15

5Y EPS CAGR

NFXL

N/A

CANC

11.87%

Debt to Equity

NFXL

N/A

CANC

58.15%

P/S Ratio

NFXL

N/A

CANC

8.53

P/B Ratio

NFXL

N/A

CANC

6.45

NFXL vs CANC - Holdings Comparison

NFXL and CANC have 0 common holdings. Overlap is 0.00%

NFXL's top 25 holdings weight is 15.08%. CANC's top 25 holdings weight is 76.89%.

Rank	NFXL	CANC
#1	NETFLIX INC (NFLX) - 15.08%	REVOLUTION MEDICINES INC ORDINARY SHARES (RVMD) - 7.31%
#2	N/A	ELI LILLY AND CO (LLY) - 4.25%
#3	N/A	IMMUNOME INC ORDINARY SHARES (IMNM) - 4.21%
#4	N/A	COGENT BIOSCIENCES INC (COGT) - 4.08%
#5	N/A	ROCHE HOLDING AG ADR (RHHBY) - 4.07%
#6	N/A	NOVARTIS AG REGISTERED SHARES (n/a) - 4.00%
#7	N/A	CELCUITY INC (CELC) - 3.93%
#8	N/A	ASTRAZENECA PLC (AZN:XLON) - 3.50%
#9	N/A	MERCK & CO INC (MRK) - 3.43%
#10	N/A	BRISTOL-MYERS SQUIBB CO (BMY) - 3.34%
#11	N/A	NUVALENT INC CLASS A (NUVL) - 3.15%
#12	N/A	LEGEND BIOTECH CORP ADR (LEGN) - 2.94%
#13	N/A	GENMAB AS ADR (GMAB) - 2.87%
#14	N/A	ABBVIE INC (ABBV) - 2.70%
#15	N/A	BRIDGEBIO PHARMA INC (BBIO) - 2.63%
#16	N/A	CG ONCOLOGY INC (CGON) - 2.56%
#17	N/A	JOHNSON & JOHNSON (JNJ) - 2.55%
#18	N/A	ZAI LAB LTD ADR REPR 1 SHS (ZLAB) - 2.49%
#19	N/A	EXELIXIS INC (EXEL) - 2.45%
#20	N/A	IDEAYA BIOSCIENCES INC (IDYA) - 2.10%
#21	N/A	AMGEN INC (AMGN) - 2.04%
#22	N/A	BEONE MEDICINES LTD ADR (ONC) - 1.95%
#23	N/A	ZYMEWORKS INC REGISTERED SHS (ZYME) - 1.62%
#24	N/A	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 1.47%
#25	N/A	ANAPTYSBIO INC (ANAB) - 1.25%
Total Holdings	1	57

NFXL vs CANC - Historical Returns

Returns include dividend reinvestment.

Period	NFXL	CANC
1 month	-13.88%	-3.84%
3 months	-34.80%	-0.74%
6 months	-40.07%	+3.88%
1 year	-65.28%	+46.70%
5 years(CAGR)	N/A	-9.97%
Max(CAGR)	-4.60%	-9.97%

NFXL

-13.88%

Winner

CANC

-3.84%

NFXL

-34.80%

Winner

CANC

-0.74%

NFXL

-40.07%

Winner

CANC

+3.88%

NFXL

-65.28%

Winner

CANC

+46.70%

5Y(CAGR)

NFXL

N/A

CANC

-9.97%

Max(CAGR)

Winner

NFXL

-4.60%

CANC

-9.97%

NFXL vs CANC - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	NFXL	CANC
2026	-26.32%	+5.32%
2025	-10.70%	+42.13%
2024	+50.97%	-6.11%
2023	N/A	+515.06%
2022	N/A	-85.58%
2021	N/A	-51.82%

NFXL vs CANC Drawdown Comparison

The maximum drawdown for NFXL was -71.86%, occurring on Feb 23, 2026. This drawdown has not yet recovered.

The maximum drawdown for CANC was -97.53%, occurring on Apr 5, 2023. This drawdown has not yet recovered.

The current NFXL drawdown is -69.48%. The current CANC drawdown is -56.51%.

Rank	NFXL	CANC
#1	-71.86% Jun 30, 2025 - Feb 23, 2026	-97.53% Oct 20, 2021 - Apr 5, 2023
#2	-37.56% Feb 14, 2025 - Apr 24, 2025	-16.18% Oct 5, 2021 - Oct 20, 2021
#3	-22.85% Dec 11, 2024 - Jan 22, 2025	N/A
#4	-12.44% Oct 10, 2024 - Oct 18, 2024	N/A
#5	-8.17% May 2, 2025 - May 15, 2025	N/A
#6	-8.14% Nov 21, 2024 - Dec 4, 2024	N/A
#7	-7.73% Jun 5, 2025 - Jun 24, 2025	N/A
#8	-6.17% Oct 21, 2024 - Nov 6, 2024	N/A
#9	-5.14% Oct 4, 2024 - Oct 8, 2024	N/A
#10	-4.55% Dec 6, 2024 - Dec 11, 2024	N/A
#11	-4.46% May 27, 2025 - Jun 2, 2025	N/A
#12	-3.85% Feb 10, 2025 - Feb 13, 2025	N/A
#13	-3.53% Nov 14, 2024 - Nov 18, 2024	N/A
#14	-2.79% Jan 23, 2025 - Feb 4, 2025	N/A
#15	-1.68% May 21, 2025 - May 27, 2025	N/A

Correlation

Correlation between NFXL and CANC is -0.65 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.65

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