Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX)
The Direxion Monthly NASDAQ-100® Bull 1.75X Fund aims to achieve monthly investment results, before fees and expenses, of 175% of the NASDAQ-100® Index's calendar month performance. The NASDAQ-100® Index includes 100 of the largest domestic and international non-financial companies listed on the NASDAQ Stock Market®, based on market capitalization.
Fund Info
| ISIN | US2549392007 |
|---|---|
| CUSIP | 254939200 |
| Issuer | Direxion |
| Inception Date | May 1, 2006 |
| Region | North America (U.S.) |
| Category | Leveraged Equities, Leveraged |
| Min. Investment | $25,000 |
| Home Page | www.direxion.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
DXQLX has a high expense ratio of 1.39%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: DXQLX vs. DXNLX, DXQLX vs. QQQ, DXQLX vs. TQQQ, DXQLX vs. IUSA.DE, DXQLX vs. TSLA, DXQLX vs. QLD, DXQLX vs. BRK-B, DXQLX vs. VOO, DXQLX vs. VONE, DXQLX vs. FSELX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion Monthly NASDAQ-100 Bull 1.75X Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Direxion Monthly NASDAQ-100 Bull 1.75X Fund had a return of 40.25% year-to-date (YTD) and 55.09% in the last 12 months. Over the past 10 years, Direxion Monthly NASDAQ-100 Bull 1.75X Fund had an annualized return of 23.94%, outperforming the S&P 500 benchmark which had an annualized return of 11.39%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 40.25% | 25.48% |
| 1 month | 4.56% | 2.14% |
| 6 months | 20.63% | 12.76% |
| 1 year | 55.09% | 33.14% |
| 5 years (annualized) | 26.51% | 13.96% |
| 10 years (annualized) | 23.94% | 11.39% |
Monthly Returns
The table below presents the monthly returns of DXQLX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.69% | 8.90% | 1.64% | -8.21% | 10.50% | 10.61% | -3.34% | 1.46% | 3.99% | -1.94% | 40.25% | ||
| 2023 | 18.11% | -1.06% | 16.11% | 0.42% | 13.05% | 10.84% | 6.22% | -3.14% | -9.28% | -4.07% | 18.41% | 9.18% | 97.63% |
| 2022 | -17.19% | -9.28% | 8.36% | -26.89% | -3.37% | -18.15% | 24.75% | -9.29% | -18.76% | 6.59% | 9.36% | -16.19% | -57.72% |
| 2021 | 0.40% | -0.28% | 2.75% | 11.61% | -2.55% | 12.56% | 5.41% | 8.27% | -11.56% | 15.63% | 3.58% | -8.55% | 39.24% |
| 2020 | 5.70% | -11.97% | -15.37% | 30.04% | 12.39% | 12.52% | 14.60% | 22.08% | -11.51% | -6.50% | 21.98% | -1.39% | 80.33% |
| 2019 | 17.79% | 5.46% | 7.62% | 10.48% | -20.36% | 14.94% | 4.24% | -4.18% | 1.31% | 8.34% | 7.83% | 7.58% | 71.94% |
| 2018 | 17.02% | -2.75% | -8.23% | 0.44% | 10.96% | 1.77% | 5.11% | 11.61% | -0.98% | -17.63% | -0.58% | -22.99% | -13.22% |
| 2017 | 10.21% | 8.48% | 3.79% | 5.21% | 7.44% | -5.09% | 7.99% | 3.73% | -0.55% | 8.76% | 3.81% | -4.76% | 59.49% |
| 2016 | -13.83% | -3.42% | 13.28% | -6.45% | 8.69% | -4.84% | 14.03% | 1.93% | 4.27% | -3.18% | 0.61% | 2.03% | 9.87% |
| 2015 | -4.25% | 14.28% | -4.85% | 3.57% | 4.41% | -5.00% | 8.58% | -13.58% | -4.51% | 22.21% | 0.91% | -5.44% | 11.76% |
| 2014 | -4.00% | 10.11% | -5.48% | -0.90% | 8.95% | 5.99% | 2.17% | 10.03% | -1.66% | 5.23% | 8.90% | -5.96% | 36.22% |
| 2013 | 5.13% | 0.80% | 5.78% | 4.81% | 6.80% | -4.84% | 12.36% | -0.77% | 9.35% | 9.87% | 6.96% | 5.94% | 81.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DXQLX is 42, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Direxion Monthly NASDAQ-100 Bull 1.75X Fund provided a 0.32% dividend yield over the last twelve months, with an annual payout of $0.30 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $0.30 | $0.00 | $0.00 | $0.00 | $0.16 |
Dividend yield | 0.32% | 0.00% | 0.00% | 0.00% | 0.28% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Monthly NASDAQ-100 Bull 1.75X Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.30 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | |
| 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 | $0.00 | $0.00 |
| 2020 | $0.16 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Monthly NASDAQ-100 Bull 1.75X 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 1.75X Fund was 91.88%, occurring on Mar 9, 2009. Recovery took 1207 trading sessions.
The current Direxion Monthly NASDAQ-100 Bull 1.75X Fund drawdown is 0.68%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -91.88% | Nov 1, 2007 | 338 | Mar 9, 2009 | 1207 | Dec 23, 2013 | 1545 |
| -64.93% | Nov 22, 2021 | 277 | Dec 28, 2022 | 383 | Jul 10, 2024 | 660 |
| -50.5% | Feb 20, 2020 | 22 | Mar 20, 2020 | 54 | Jun 8, 2020 | 76 |
| -47.02% | Aug 30, 2018 | 80 | Dec 24, 2018 | 234 | Nov 27, 2019 | 314 |
| -37.6% | May 9, 2006 | 51 | Jul 21, 2006 | 81 | Nov 14, 2006 | 132 |
Volatility
Volatility Chart
The current Direxion Monthly NASDAQ-100 Bull 1.75X Fund volatility is 8.45%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.