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Direxion Monthly High Yield Bull 1.2X Fund (DXHYX) Alternatives

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The fund allocates at least 80% of its net assets (including borrowing for investment purposes) to securities of the index, ETFs tracking the index, and other financial instruments offering monthly exposure to the index or related ETFs. The index is a rules-based, systematic strategy index calculated in U.S. dollars, providing exposure to an equal-weighted portfolio of high-yield ETFs.

Direxion Monthly High Yield Bull 1.2X Fund (DXHYX) belongs to the Leveraged Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with DXHYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Other Mutual Funds from Direxion

The 8 most viewed Direxion mutual funds shown here include DXQLX, DXSLX, DXNLX and span 5 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
DXQLX
Direxion Monthly NASDAQ-100 Bull 1.75X FundLeveraged Equities
67
34.26%
—May 2006DXHYX vs DXQLX
DXSLX
Direxion Monthly S&P 500 Bull 1.75X FundLeveraged Equities, S&P 500
59
17.38%
—May 2006DXHYX vs DXSLX
DXNLX
Direxion Monthly NASDAQ-100 Bull 1.25X FundLeveraged Equities
65
24.74%
—Mar 2016DXHYX vs DXNLX
DXKLX
Direxion Monthly 7-10 Year Treasury Bull 1.75X Fun...Leveraged Bonds
3
-3.34%
—Mar 2005DXHYX vs DXKLX
HCYIX
Hilton Tactical Income Fund Institutional ClassTactical Allocation
40
2.31%
—Sep 2013DXHYX vs HCYIX
DXRLX
Direxion Monthly Small Cap Bull 1.75X FundLeveraged Equities
58
28.54%
—Feb 1999DXHYX vs DXRLX
DXKSX
Direxion Monthly 7-10 Year Treasury Bear 1.75X Fun...Inverse Bonds
4
4.35%
—May 2004DXHYX vs DXKSX
HCYAX
Hilton Tactical Income FundTactical Allocation
38
2.19%
—Sep 2013DXHYX vs HCYAX

Often Compared With DXHYX

Investors most often compare DXHYX with SPHY, UPRO, VOO. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
SPHY
SPDR Portfolio High Yield Bond ETFHigh Yield Bonds
67
1.76%
11.07BJun 2012DXHYX vs SPHY
UPRO
ProShares UltraPro S&P 500Leveraged Equities, S&P 500
69
30.62%
5.55BJun 2009DXHYX vs UPRO
VOO
Vanguard S&P 500 ETFS&P 500
75
11.69%
1.60TSep 2010DXHYX vs VOO
FDFIX
Fidelity Flex 500 Index FundLarge Cap Blend Equities
72
11.29%
—Mar 2017DXHYX vs FDFIX
SOPIX
ProFunds Short NASDAQ-100 FundInverse Equities
0
-16.58%
—Apr 2002DXHYX vs SOPIX
RYILX
Rydex Inverse High Yield Strategy FundInverse Bonds
1
1.42%
—Apr 2007DXHYX vs RYILX
PHPIX
ProFunds Pharmaceuticals UltraSector FundLeveraged Equities
50
1.33%
—Jun 2000DXHYX vs PHPIX
RYJUX
Rydex Inverse Government Long Bond Strategy FundInverse Bonds
4
2.46%
—Mar 1995DXHYX vs RYJUX
TEPIX
ProFunds Technology UltraSector FundLeveraged Equities
84
54.92%
—Jun 2000DXHYX vs TEPIX
UHPIX
ProFunds UltraShort ChinaInverse Equities
2
23.70%
—Feb 2008DXHYX vs UHPIX
RTPIX
ProFunds Rising Rates Opportunity 10 FundInverse Bonds
4
2.55%
—Jan 2005DXHYX vs RTPIX
FNPIX
ProFunds Financials UltraSector FundLeveraged Equities
2
-10.42%
—Jun 2000DXHYX vs FNPIX
RYGBX
Rydex Government Long Bond 1.2x Strategy FundLeveraged Bonds
3
-1.58%
—Jan 1994DXHYX vs RYGBX
BMPIX
ProFunds Basic Materials UltraSector FundLeveraged Equities
13
17.14%
—Sep 2001DXHYX vs BMPIX
PSTIX
PIMCO StocksPLUS Short FundInverse Equities
0
-8.07%
—Jul 2003DXHYX vs PSTIX
RYVNX
Rydex Inverse NASDAQ-100 2x Strategy FundInverse Equities
0
-32.08%
—May 2000DXHYX vs RYVNX
UBPIX
ProFunds UltraLatin America FundLeveraged Equities
68
36.09%
—Oct 2007DXHYX vs UBPIX
AFBIX
Access Flex Bear High Yield ProFundInverse Bonds
0
-0.95%
—Apr 2005DXHYX vs AFBIX
DRCVX
Comstock Capital Value FundInverse Equities
97
3.17%
—Oct 1985DXHYX vs DRCVX
ENPIX
ProFunds UltraSector Oil & Gas FundLeveraged Equities
50
42.53%
—Jun 2000DXHYX vs ENPIX

Compare DXHYX with Any Fund or Stock

Compare DXHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair DXHYX with funds that move differently

Direxion Monthly High Yield Bull 1.2X Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DXHYX.

Explore DXHYX Diversifiers