Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX)
The fund allocates at least 80% of its net assets (including borrowing for investment purposes) to securities of the S&P 500® Index, ETFs tracking the index, and other financial instruments offering monthly exposure to the index or related ETFs.
Fund Info
ISIN | US2549397055 |
---|---|
CUSIP | 254939705 |
Issuer | Direxion |
Inception Date | May 1, 2006 |
Category | Leveraged Equities, Leveraged |
Min. Investment | $25,000 |
Home Page | www.direxion.com |
Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
DXSLX has a high expense ratio of 1.35%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion Monthly S&P 500 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 S&P 500 Bull 1.75X Fund had a return of 8.46% year-to-date (YTD) and 38.51% in the last 12 months. Over the past 10 years, Direxion Monthly S&P 500 Bull 1.75X Fund had an annualized return of 18.57%, outperforming the S&P 500 benchmark which had an annualized return of 10.41%.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 8.46% | 6.17% |
1 month | -5.21% | -2.72% |
6 months | 28.73% | 17.29% |
1 year | 38.51% | 23.80% |
5 years (annualized) | 18.17% | 11.47% |
10 years (annualized) | 18.57% | 10.41% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 1.69% | 8.76% | 5.14% | -7.62% | ||||||||
2023 | -4.25% | 15.46% | 8.13% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of DXSLX is 80, placing it in the top 20% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Direxion Monthly S&P 500 Bull 1.75X Fund(DXSLX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Direxion Monthly S&P 500 Bull 1.75X Fund granted a 0.60% dividend yield in the last twelve months. The annual payout for that period amounted to $0.35 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.35 | $0.00 | $0.00 | $4.80 | $1.00 | $1.47 | $1.57 | $1.90 | $0.00 | $0.87 | $0.73 | $0.78 |
Dividend yield | 0.60% | 0.00% | 0.00% | 7.89% | 2.42% | 4.41% | 7.21% | 6.99% | 0.00% | 5.14% | 4.06% | 5.23% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Monthly S&P 500 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 | $0.35 | $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 | $4.80 |
2020 | $0.29 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $1.47 | $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 | $1.57 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.90 |
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 | $0.87 |
2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.73 |
2013 | $0.78 |
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 S&P 500 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 S&P 500 Bull 1.75X Fund was 89.91%, occurring on Mar 9, 2009. Recovery took 1339 trading sessions.
The current Direxion Monthly S&P 500 Bull 1.75X Fund drawdown is 6.72%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-89.91% | Jul 20, 2007 | 411 | Mar 9, 2009 | 1339 | Jul 3, 2014 | 1750 |
-61.09% | Feb 20, 2020 | 23 | Mar 23, 2020 | 109 | Aug 26, 2020 | 132 |
-44.67% | Jan 4, 2022 | 195 | Oct 12, 2022 | 360 | Mar 20, 2024 | 555 |
-38.15% | Sep 21, 2018 | 65 | Dec 24, 2018 | 131 | Jul 3, 2019 | 196 |
-26.74% | May 22, 2015 | 183 | Feb 11, 2016 | 102 | Jul 8, 2016 | 285 |
Volatility
Volatility Chart
The current Direxion Monthly S&P 500 Bull 1.75X Fund volatility is 7.22%, 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.