- ISIN
- US2549392007
- CUSIP
- 254939200
- Issuer
- Direxion
- Inception Date
- May 1, 2006
- Region
- North America (U.S.)
- Category
- Leveraged Equities
- 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
DXQLX Performance Chart
Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) is up 28.4% since the beginning of the year. DXQLX is currently trading at $133 per share. Investors who bought $1,000 worth of DXQLX shares 5 years ago would now be looking at an investment worth $2,319.
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Returns By Period
Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) has returned 28.38% so far this year and 50.32% over the past 12 months. Looking at the last ten years, DXQLX has achieved an annualized return of 34.30%, outperforming the S&P 500 Index benchmark, which averaged 13.27% per year.
Direxion Monthly NASDAQ-100 Bull 1.75X Fund
- 1D
- 0.53%
- 1M
- 0.80%
- 6M
- 23.99%
- YTD
- 28.38%
- 1Y
- 50.32%
- 3Y*
- 39.45%
- 5Y*
- 18.32%
- 10Y*
- 34.30%
Benchmark (S&P 500 Index)
- 1D
- -0.79%
- 1M
- 1.13%
- 6M
- 7.71%
- YTD
- 9.79%
- 1Y
- 20.06%
- 3Y*
- 18.60%
- 5Y*
- 11.43%
- 10Y*
- 13.27%
DXQLX Monthly Returns History
Based on dividend-adjusted daily data since May 1, 2006, DXQLX's average daily return is +0.12%, while the average monthly return is +2.21%. At this rate, an investment would double in approximately 2.6 years.
Historically, 62% of months were positive and 38% were negative. The best month was Apr 2009 with a return of +32.8%, while the worst month was Oct 2008 at -41.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.
On a daily basis, DXQLX closed higher 55% of trading days. The best single day was Oct 13, 2008 with a return of +32.1%, while the worst single day was Sep 29, 2008 at -26.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.73% | -4.39% | -8.84% | 26.97% | 18.04% | -0.66% | -2.75% | 28.38% | |||||
| 2025 | 3.38% | -5.14% | -13.75% | 2.09% | 15.50% | 10.64% | 3.74% | 1.17% | 9.05% | 7.92% | -3.17% | -1.50% | 29.99% |
| 2024 | 2.70% | 8.90% | 1.65% | -8.22% | 10.50% | 10.61% | -3.34% | 1.46% | 3.98% | -1.93% | 8.83% | 0.32% | 39.26% |
| 2023 | 18.11% | -1.06% | 16.11% | 0.42% | 13.05% | 10.85% | 6.21% | -3.14% | -9.29% | -4.07% | 18.43% | 9.16% | 97.59% |
| 2022 | -17.20% | -9.28% | 8.36% | -26.90% | -3.36% | -18.15% | 24.75% | -9.29% | -18.75% | 6.58% | 9.36% | -16.18% | -57.72% |
| 2021 | 0.40% | -0.28% | 2.75% | 11.61% | -2.57% | 12.57% | 5.42% | 8.27% | -11.56% | 15.64% | 3.58% | 2.45% | 55.98% |
Benchmark Metrics
Direxion Monthly NASDAQ-100 Bull 1.75X Fund has an annualized alpha of 5.90%, beta of 2.29, and R2 of 0.86 versus S&P 500 Index. Calculated based on daily prices since May 01, 2006.
- This fund captured 304.54% of S&P 500 Index gains and 180.57% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 5.90% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 2.29 means this fund moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.
- Alpha
- 5.90%
- Beta
- 2.29
- R²
- 0.86
- Upside Capture
- 304.54%
- Downside Capture
- 180.57%
Expense Ratio
DXQLX has a high expense ratio of 1.39%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
DXQLX ranks 46 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DXQLX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.29 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.28 | 2.21 | +0.07 |
| Martin ratioReturn relative to average drawdown | 7.87 | 9.61 | -1.74 |
Dividends
Dividend History
Direxion Monthly NASDAQ-100 Bull 1.75X Fund provided a 11.52% dividend yield over the last twelve months, with an annual payout of $15.32 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $15.32 | $15.16 | $0.30 | $0.00 | $0.00 | $9.34 | $6.22 | $1.07 | $1.36 | $1.22 |
Dividend yield | 11.52% | 14.50% | 0.33% | 0.00% | 0.00% | 11.75% | 10.90% | 3.37% | 7.37% | 5.72% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $1.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.03 | |||||
| 2025 | $0.87 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $14.29 | $15.16 |
| 2024 | $0.30 | $0.00 | $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 | $9.34 | $9.34 |
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 1.75X 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 92.39%, occurring on Mar 9, 2009. Recovery took 1249 trading sessions.
The current Direxion Monthly NASDAQ-100 Bull 1.75X Fund drawdown is 5.15%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -92.39%Mar 2009 | 1y 4mo | 4y 11mo | 6y 3moNov 2007 - Feb 2014 |
Bear market2022 | -60.79%Dec 2022 | 1y | 1y 5mo | 2y 5moDec 2021 - Jun 2024 |
COVID crash2020 | -50.50%Mar 2020 | 29d | 2mo 20d | 3mo 19dFeb 2020 - Jun 2020 |
Rate-hike selloffLate 2018 | -43.63%Dec 2018 | 3mo 26d | 6mo 20d | 10mo 16dAug 2018 - Jul 2019 |
2025 selloff2025 | -37.99%Apr 2025 | 3mo 22d | 2mo 23d | 6mo 15dDec 2024 - Jun 2025 |
Drawdown Indicators
| DXQLX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.39% | -56.78% | -35.61% |
Max Drawdown (1Y)Largest decline over 1 year | -21.88% | -9.10% | -12.78% |
Max Drawdown (3Y)Largest decline over 3 years | -37.99% | -18.90% | -19.09% |
Max Drawdown (5Y)Largest decline over 5 years | -60.79% | -25.43% | -35.36% |
Max Drawdown (10Y)Largest decline over 10 years | -60.79% | -33.92% | -26.87% |
Current DrawdownCurrent decline from peak | -5.15% | -1.24% | -3.91% |
Average DrawdownAverage peak-to-trough decline | -25.99% | -10.71% | -15.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.33% | 2.09% | +4.24% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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