Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX)

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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.

Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) has returned -13.57% so far this year and 18.71% over the past 12 months. Looking at the last ten years, DXSLX has achieved an annualized return of 23.88%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since May 3, 2006, DXSLX's average daily return is +0.12%, while the average monthly return is +2.14%. At this rate, your investment would double in approximately 2.7 years.

Historically, 65% of months were positive and 35% were negative. The best month was Dec 2011 with a return of +45.8%, while the worst month was Oct 2008 at -43.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, DXSLX closed higher 53% of trading days. The best single day was Dec 20, 2011 with a return of +51.9%, while the worst single day was Mar 16, 2020 at -26.3%.

Direxion Monthly S&P 500 Bull 1.75X Fund has an annualized alpha of 8.19%, beta of 2.21, and R² of 0.84 versus S&P 500 Index. Calculated based on daily prices since May 04, 2006.

• This fund captured 275.64% of S&P 500 Index gains and 164.97% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 8.19% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• Beta of 2.21 means this fund moves significantly more than S&P 500 Index — expect amplified gains in rallies and amplified losses in downturns.

DXSLX has a high expense ratio of 1.35%, indicating above-average management fees.

DXSLX ranks 28 for risk / return — below 28% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) and compare them to a chosen benchmark (S&P 500 Index).

Direxion Monthly S&P 500 Bull 1.75X Fund provided a 8.82% dividend yield over the last twelve months, with an annual payout of $5.79 per share.

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.

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.

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 91.80%, occurring on Mar 9, 2009. Recovery took 1011 trading sessions.

The current Direxion Monthly S&P 500 Bull 1.75X Fund drawdown is 16.30%.

The chart below shows the rolling one-month volatility.