See what your fund actually adds
Direxion Daily PANW Bear 1X ETF PALD
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | PALD | Replication |
|---|---|---|
| Annualized growth | -50.9% | 1.1% |
| Annualized volatility | 46.2% | 3.8% |
| Sharpe ratio | -1.30 | 0.30 |
| Maximum drawdown | 70.0% | 4.5% |
| Replication fit (R²) | 0.02 · Tracking error 45.7% | |
Replication portfolio
The published portfolio below is the investable basket used to model PALD’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| VGIT | FI · Intermediate Gov | 100.0% |