Direxion Monthly Small Cap Bull 1.75X Fund (DXRLX)
The fund allocates at least 80% of its net assets (including borrowing for investment purposes) to securities of the index, exchange-traded funds tracking the index, and other financial instruments offering monthly exposure to the index or related ETFs. The index evaluates the performance of around 2,000 small-capitalization companies in the Russell 3000® Index based on a combination of market capitalization and current index membership.
Fund Info
| ISIN | US2549398384 |
|---|---|
| CUSIP | 254939838 |
| Issuer | Direxion |
| Inception Date | Feb 22, 1999 |
| Region | North America (U.S.) |
| Category | Leveraged Equities, Leveraged |
| Min. Investment | $25,000 |
| Home Page | www.direxion.com |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Blend |
Expense Ratio
DXRLX has a high expense ratio of 1.35%, 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 Small Cap 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 Small Cap Bull 1.75X Fund had a return of -6.77% year-to-date (YTD) and 18.14% in the last 12 months. Over the past 10 years, Direxion Monthly Small Cap Bull 1.75X Fund had an annualized return of 6.85%, while the S&P 500 had an annualized return of 10.33%, indicating that Direxion Monthly Small Cap Bull 1.75X Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -6.77% | 5.21% |
| 1 month | -10.70% | -4.30% |
| 6 months | 29.79% | 18.42% |
| 1 year | 18.14% | 21.82% |
| 5 years (annualized) | 1.50% | 11.27% |
| 10 years (annualized) | 6.85% | 10.33% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -8.01% | 9.35% | 5.67% | -12.71% | ||||||||
| 2023 | -12.46% | 15.40% | 21.64% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DXRLX is 22, indicating that it is in the bottom 22% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Direxion Monthly Small Cap Bull 1.75X Fund(DXRLX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion Monthly Small Cap Bull 1.75X Fund (DXRLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Direxion Monthly Small Cap Bull 1.75X Fund granted a 0.77% dividend yield in the last twelve months. The annual payout for that period amounted to $0.56 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.56 | $0.00 | $1.47 | $0.93 | $0.63 | $2.76 | $3.99 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 |
Dividend yield | 0.77% | 0.00% | 2.27% | 0.84% | 0.71% | 3.76% | 7.60% | 0.00% | 0.00% | 0.00% | 0.01% | 1.41% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Monthly Small Cap 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 | $0.56 | $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 | $0.02 | $0.00 | $0.00 | $0.00 | $1.46 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.93 |
| 2020 | $0.63 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.76 | $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 | $3.99 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2013 | $0.65 |
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 Small Cap 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 Small Cap Bull 1.75X Fund was 93.56%, occurring on Mar 9, 2009. Recovery took 1944 trading sessions.
The current Direxion Monthly Small Cap Bull 1.75X Fund drawdown is 43.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -93.56% | Jun 5, 2007 | 442 | Mar 9, 2009 | 1944 | Nov 25, 2016 | 2386 |
| -77.63% | Sep 4, 2018 | 387 | Mar 18, 2020 | 189 | Dec 15, 2020 | 576 |
| -76.98% | Jul 16, 1999 | 37 | Sep 6, 1999 | 64 | Dec 3, 1999 | 101 |
| -75.82% | May 14, 1999 | 12 | May 31, 1999 | 21 | Jun 29, 1999 | 33 |
| -75.17% | Mar 30, 1999 | 4 | Apr 2, 1999 | 1 | Apr 5, 1999 | 5 |
Volatility
Volatility Chart
The current Direxion Monthly Small Cap Bull 1.75X Fund volatility is 9.54%, 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.