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Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US25460D1019
CUSIP
25460D101
Issuer
Direxion
Inception Date
Mar 31, 2016
Min. Investment
$25,000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Direxion Monthly NASDAQ-100 Bull 1.25X Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) has returned -11.90% so far this year and 20.75% over the past 12 months.


Direxion Monthly NASDAQ-100 Bull 1.25X Fund

1D
-0.99%
1M
-10.20%
YTD
-11.90%
6M
-9.94%
1Y
20.75%
3Y*
22.54%
5Y*
12.16%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 3, 2017, DXNLX's average daily return is +0.09%, while the average monthly return is +1.79%. At this rate, your investment would double in approximately 3.3 years.

Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +18.7%, while the worst month was Apr 2022 at -16.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, DXNLX closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +15.5%, while the worst single day was Mar 16, 2020 at -15.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.25%-3.10%-10.20%-11.90%
20252.46%-3.63%-9.76%1.46%11.16%7.66%2.74%0.88%6.55%5.71%-2.21%-1.12%22.13%
20242.05%6.45%1.31%-5.80%7.56%7.64%-2.19%1.12%2.91%-1.33%6.38%0.26%28.56%
202313.11%-0.67%11.50%0.38%9.48%7.80%4.45%-2.05%-6.50%-2.84%13.24%6.69%66.63%
2022-10.89%-5.97%5.11%-16.80%-2.02%-11.27%15.60%-6.53%-13.22%4.77%6.69%-11.46%-40.88%
20210.23%-0.21%1.67%7.22%-1.64%7.83%3.36%5.13%-7.26%9.74%2.20%1.36%32.49%

Benchmark Metrics

Direxion Monthly NASDAQ-100 Bull 1.25X Fund has an annualized alpha of 4.09%, beta of 1.46, and R² of 0.87 versus S&P 500 Index. Calculated based on daily prices since January 04, 2017.

  • This fund captured 162.09% of S&P 500 Index gains and 123.12% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • This fund generated an annualized alpha of 4.09% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

Alpha
4.09%
Beta
1.46
0.87
Upside Capture
162.09%
Downside Capture
123.12%

Expense Ratio

DXNLX has a high expense ratio of 1.19%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

DXNLX ranks 35 for risk / return — below 35% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


DXNLX Risk / Return Rank: 3535
Overall Rank
DXNLX Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
DXNLX Sortino Ratio Rank: 3939
Sortino Ratio Rank
DXNLX Omega Ratio Rank: 3535
Omega Ratio Rank
DXNLX Calmar Ratio Rank: 3939
Calmar Ratio Rank
DXNLX Martin Ratio Rank: 3434
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) and compare them to a chosen benchmark (S&P 500 Index).


DXNLXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.75

0.90

-0.15

Sortino ratio

Return per unit of downside risk

1.29

1.39

-0.10

Omega ratio

Gain probability vs. loss probability

1.18

1.21

-0.04

Calmar ratio

Return relative to maximum drawdown

1.05

1.40

-0.35

Martin ratio

Return relative to average drawdown

3.72

6.61

-2.89

Explore DXNLX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Direxion Monthly NASDAQ-100 Bull 1.25X Fund provided a 1.13% dividend yield over the last twelve months, with an annual payout of $0.95 per share.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%$0.00$1.00$2.00$3.00$4.00$5.00$6.00201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$0.95$2.23$0.14$0.00$0.00$4.78$6.36$0.00$2.27$2.16

Dividend yield

1.13%2.31%0.17%0.00%0.00%7.43%12.20%0.00%8.79%7.52%

Monthly Dividends

The table displays the monthly dividend distributions for Direxion Monthly NASDAQ-100 Bull 1.25X Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.95$0.00$0.00$0.95
2025$2.23$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.23
2024$0.14$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.14
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$4.78$4.78

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Monthly NASDAQ-100 Bull 1.25X Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Direxion Monthly NASDAQ-100 Bull 1.25X Fund was 43.77%, occurring on Dec 28, 2022. Recovery took 267 trading sessions.

The current Direxion Monthly NASDAQ-100 Bull 1.25X Fund drawdown is 15.91%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-43.77%Nov 22, 2021278Dec 28, 2022267Jan 23, 2024545
-34.2%Feb 20, 202022Mar 20, 202053Jun 5, 202075
-28.65%Aug 30, 201880Dec 24, 201881Apr 23, 2019161
-28.35%Dec 17, 202476Apr 8, 202554Jun 26, 2025130
-16.94%Jul 11, 202420Aug 7, 202465Nov 7, 202485

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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