SPDN vs OALC

Comparison between DIREXION DAILY S&P 500 (R) BEAR 1X SHARES (SPDN, ETF) and ONEASCENT LARGE CAP CORE ETF (OALC, ETF).

5-Year PerformanceOALC has outperformed SPDN, delivering a return of +11.0% compared to -8.5%

SPDN vs OALC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPDN(ETF)	OALC(ETF)
Net Assets	$220M	$220M
Expense Ratio	0.48%	0.49%
Max Drawdown	79.61%	26.86%
Sharpe Ratio	-1.56	1.71
5Y Beta	-0.97	0.95
P/E Ratio	N/A	28.25
Forward P/E	N/A	22.16
5Y Dividends CAGR	89.77%	N/A
5Y EPS CAGR	N/A	25.18%
Debt to Equity	N/A	16.28%
P/S Ratio	N/A	3.64
P/B Ratio	N/A	5.69

Net Assets

SPDN

$220M

OALC

$220M

Expense Ratio

Winner

SPDN

0.48%

OALC

0.49%

Max Drawdown

SPDN

79.61%

Winner

OALC

26.86%

Sharpe Ratio

SPDN

-1.56

Winner

OALC

1.71

5Y Beta

Winner

SPDN

-0.97

OALC

0.95

P/E Ratio

SPDN

N/A

OALC

28.25

Forward P/E

SPDN

N/A

OALC

22.16

5Y Dividends CAGR

SPDN

89.77%

OALC

N/A

5Y EPS CAGR

SPDN

N/A

OALC

25.18%

Debt to Equity

SPDN

N/A

OALC

16.28%

P/S Ratio

SPDN

N/A

OALC

3.64

P/B Ratio

SPDN

N/A

OALC

5.69

SPDN vs OALC - Historical Returns

Returns include dividend reinvestment.

Period	SPDN	OALC
1 month	-1.56%	+2.55%
3 months	-6.77%	+11.45%
6 months	-5.22%	+12.33%
1 year	-15.66%	+29.26%
5 years(CAGR)	-8.47%	+10.98%
10 years(CAGR)	-12.33%	N/A
Max(CAGR)	-12.33%	+10.98%

SPDN

-1.56%

Winner

OALC

+2.55%

SPDN

-6.77%

Winner

OALC

+11.45%

SPDN

-5.22%

Winner

OALC

+12.33%

SPDN

-15.66%

Winner

OALC

+29.26%

5Y(CAGR)

SPDN

-8.47%

Winner

OALC

+10.98%

10Y(CAGR)

SPDN

-12.33%

OALC

N/A

Max(CAGR)

SPDN

-12.33%

Winner

OALC

+10.98%

SPDN vs OALC - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	SPDN	OALC
2026	-5.78%	+11.71%
2025	-11.32%	+20.25%
2024	-13.44%	+20.64%
2023	-15.40%	+22.32%
2022	+19.39%	-17.64%
2021	-24.71%	-0.54%
2020	-23.87%	N/A
2019	-21.99%	N/A
2018	+6.21%	N/A
2017	-16.49%	N/A
2016	-6.92%	N/A

SPDN vs OALC Drawdown Comparison

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

The maximum drawdown for OALC was -26.82%, occurring on Oct 14, 2022. Recovery took 540 trading sessions.

The current SPDN drawdown is -74.61%. The current OALC drawdown is -3.57%.

Rank	SPDN	OALC
#1	-75.30% Jun 27, 2016 - Jun 2, 2026	-26.82% Nov 16, 2021 - Jan 11, 2024
#2	-2.37% Jun 16, 2016 - Jun 24, 2016	-17.64% Jan 23, 2025 - Jun 9, 2025
#3	N/A	-8.76% Jul 16, 2024 - Sep 19, 2024
#4	N/A	-8.42% Feb 2, 2026 - Apr 13, 2026
#5	N/A	-5.93% Mar 27, 2024 - Jun 5, 2024
#6	N/A	-5.55% Oct 29, 2025 - Dec 10, 2025
#7	N/A	-4.44% Dec 6, 2024 - Jan 21, 2025
#8	N/A	-3.57% Jun 2, 2026 - Jun 5, 2026
#9	N/A	-2.97% Dec 11, 2025 - Dec 24, 2025
#10	N/A	-2.85% Oct 8, 2025 - Oct 24, 2025
#11	N/A	-2.82% Feb 9, 2024 - Mar 1, 2024
#12	N/A	-2.47% Jan 12, 2026 - Jan 27, 2026
#13	N/A	-2.45% Nov 11, 2024 - Nov 29, 2024
#14	N/A	-2.29% Oct 14, 2024 - Nov 6, 2024
#15	N/A	-2.25% May 14, 2026 - May 26, 2026

Correlation

Correlation between SPDN and OALC is -0.97 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.97

-101