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Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds ("ETFs") that track the index and other financial instruments that provide monthly exposure to the index or to ETFs that track the index. The index includes 100 of the largest domestic and international non-financial companies listed on the NASDAQ Stock Market® based on market capitalization. The fund is non-diversified.

Looking to diversify beyond DXNLX? The mutual funds below have the lowest correlation with DXNLX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from DXNLX.

Best Diversifiers for DXNLX

0 mutual funds have low correlation with DXNLX (below 0.3), 0 of which are negatively correlated. The least correlated is ProFunds Pharmaceuticals UltraSector Fund (PHPIX) (Leveraged Equities) with a 1Y correlation of 0.38, roughly unchanged from 0.47 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
PHPIX
ProFunds Pharmaceuticals UltraSector Fund0.380.420.47
73
Leveraged EquitiesDXNLX vs PHPIX
BIPIX
ProFunds Biotechnology UltraSector Fund0.420.460.52
85
Leveraged EquitiesDXNLX vs BIPIX
UBPIX
ProFunds UltraLatin America Fund0.430.420.39
52
Leveraged EquitiesDXNLX vs UBPIX
RYMKX
Rydex Russell 2000 1.5x Strategy Fund0.690.660.72
61
Leveraged EquitiesDXNLX vs RYMKX
RYRUX
Rydex Russell 2000 2x Strategy Fund0.690.660.72
61
Leveraged EquitiesDXNLX vs RYRUX
See all 21 diversifiers for DXNLX

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