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
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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 1.75X 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 8.47% year-to-date (YTD) and 63.80% in the last 12 months. Over the past 10 years, Direxion Monthly NASDAQ-100 Bull 1.75X Fund had an annualized return of 30.08%, outperforming the S&P 500 benchmark which had an annualized return of 10.64%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.47% | 7.50% |
| 1 month | -3.29% | -1.61% |
| 6 months | 30.06% | 17.65% |
| 1 year | 63.80% | 26.26% |
| 5 years (annualized) | 27.83% | 11.73% |
| 10 years (annualized) | 30.08% | 10.64% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.23% | 8.90% | 1.65% | -8.21% | ||||||||
| 2023 | -4.07% | 18.41% | 9.67% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of DXQLX is 84, placing it in the top 16% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Direxion Monthly NASDAQ-100 Bull 1.75X Fund(DXQLX)
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 granted a 0.42% dividend yield in the last twelve months. The annual payout for that period amounted to $0.30 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.00 | $0.00 | $9.34 | $6.22 | $1.07 | $1.36 | $1.22 | $0.00 | $0.00 | $0.13 |
Dividend yield | 0.42% | 0.00% | 0.00% | 11.75% | 10.90% | 3.37% | 7.37% | 5.72% | 0.00% | 0.00% | 1.16% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.30 | $0.00 | $0.00 | $0.00 | ||||||||
| 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 |
| 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 |
| 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 |
| 2020 | $0.16 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.06 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $1.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.36 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.22 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $0.13 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 90.82%, occurring on Mar 9, 2009. Recovery took 1163 trading sessions.
The current Direxion Monthly NASDAQ-100 Bull 1.75X Fund drawdown is 11.62%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -90.82% | Nov 1, 2007 | 338 | Mar 9, 2009 | 1163 | Oct 21, 2013 | 1501 |
| -60.78% | Dec 28, 2021 | 253 | Dec 28, 2022 | — | — | — |
| -50.5% | Feb 20, 2020 | 22 | Mar 20, 2020 | 54 | Jun 8, 2020 | 76 |
| -43.63% | Aug 30, 2018 | 80 | Dec 24, 2018 | 137 | Jul 12, 2019 | 217 |
| -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 10.48%, 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.