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
US2549397055
254939705
May 1, 2006
$25,000
Large-Cap
Blend
Expense Ratio
DXSLX has a high expense ratio of 1.35%, 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.
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 25.26% year-to-date (YTD) and 28.38% in the last 12 months. Over the past 10 years, Direxion Monthly S&P 500 Bull 1.75X Fund had an annualized return of 13.91%, outperforming the S&P 500 benchmark which had an annualized return of 10.96%.
DXSLX
25.26%
-10.47%
0.80%
28.38%
15.27%
13.91%
^GSPC (Benchmark)
23.00%
-0.84%
7.20%
24.88%
12.77%
10.96%
Monthly Returns
The table below presents the monthly returns of DXSLX, 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 | 2.34% | 8.77% | 5.14% | -7.62% | 8.19% | 5.74% | 1.54% | 3.67% | 3.22% | -2.12% | 9.80% | 25.26% | |
| 2023 | 10.52% | -4.71% | 5.94% | 2.27% | 0.27% | 11.06% | 5.13% | -3.33% | -8.78% | -4.25% | 15.46% | 7.43% | 39.91% |
| 2022 | -10.58% | -6.19% | 7.17% | -17.70% | 0.16% | -16.80% | 18.09% | -7.48% | -16.43% | 13.75% | 9.33% | -10.50% | -37.35% |
| 2021 | -2.28% | 5.30% | 8.52% | 10.42% | 1.18% | 4.44% | 4.53% | 5.86% | -9.50% | 13.77% | -1.60% | 0.61% | 46.98% |
| 2020 | -0.36% | -16.81% | -25.02% | 25.29% | 9.32% | 3.77% | 11.07% | 14.14% | -7.79% | -5.50% | 21.66% | 5.51% | 25.24% |
| 2019 | 15.48% | 6.01% | 3.45% | 7.65% | -17.62% | 13.66% | 2.45% | -3.62% | 3.41% | 3.97% | 6.93% | 5.65% | 53.11% |
| 2018 | 11.08% | -7.69% | -5.47% | 0.37% | 4.39% | 0.87% | 7.04% | 6.14% | 0.76% | -14.05% | 3.65% | -23.34% | -19.93% |
| 2017 | 3.54% | 7.70% | -0.05% | 1.78% | 2.53% | 0.97% | 3.79% | 0.26% | 3.82% | 4.34% | 5.81% | -4.88% | 33.22% |
| 2016 | -10.21% | -0.53% | 13.29% | 0.57% | 3.38% | 0.30% | 7.15% | 0.06% | -0.18% | -3.87% | 7.18% | 3.71% | 20.68% |
| 2015 | -6.18% | 11.30% | -3.37% | 1.70% | 2.37% | -4.06% | 3.97% | -12.28% | -5.16% | 16.66% | 0.40% | -8.14% | -6.20% |
| 2014 | -7.06% | 9.00% | 1.52% | 1.33% | 4.54% | 3.98% | -2.92% | 7.85% | -2.97% | 4.71% | 5.23% | -4.88% | 20.60% |
| 2013 | 10.13% | 2.51% | 7.29% | 3.64% | 4.45% | -2.91% | 9.94% | -6.00% | 6.09% | 9.04% | 5.92% | -0.69% | 60.10% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DXSLX is 61, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
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 provided a 0.52% dividend yield over the last twelve months, with an annual payout of $0.35 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.35 | $0.00 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 |
Dividend yield | 0.52% | 0.00% | 0.00% | 0.00% | 0.69% | 0.00% | 0.01% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.35 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 |
| 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 | $0.29 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 |
| 2019 | $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 |
| 2018 | $0.00 | $0.00 |
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 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 89.55%, occurring on Mar 9, 2009. Recovery took 1953 trading sessions.
The current Direxion Monthly S&P 500 Bull 1.75X Fund drawdown is 14.63%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -89.55% | Jul 20, 2007 | 411 | Mar 9, 2009 | 1953 | Dec 8, 2016 | 2364 |
| -61.09% | Feb 20, 2020 | 23 | Mar 23, 2020 | 109 | Aug 26, 2020 | 132 |
| -46.86% | Nov 19, 2021 | 225 | Oct 12, 2022 | 417 | Jun 11, 2024 | 642 |
| -41.86% | Sep 21, 2018 | 65 | Dec 24, 2018 | 246 | Dec 16, 2019 | 311 |
| -19.84% | Jan 29, 2018 | 9 | Feb 8, 2018 | 138 | Aug 27, 2018 | 147 |
Volatility
Volatility Chart
The current Direxion Monthly S&P 500 Bull 1.75X Fund volatility is 11.49%, 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.