CNPIX vs. DXQLX

Last updated Jun 3, 2026

CNPIX (ProFunds Consumer Goods UltraSector Fund) and DXQLX (Direxion Monthly NASDAQ-100 Bull 1.75X Fund) are both Leveraged Equities funds. Over the past 10 years, CNPIX returned 13.55%/yr vs 35.26%/yr for DXQLX. A 0.65 correlation means they provide meaningful diversification when combined. CNPIX charges 1.78%/yr vs 1.39%/yr for DXQLX.

Performance

CNPIX vs. DXQLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProFunds Consumer Goods UltraSector Fund (CNPIX) and Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CNPIX achieves a 6.81% return, which is significantly lower than DXQLX's 34.26% return. Over the past 10 years, CNPIX has underperformed DXQLX with an annualized return of 13.55%, while DXQLX has yielded a comparatively higher 35.26% annualized return.

CNPIX

• 1D: -1.71%
• 1M: -4.25%
• YTD: 6.81%
• 6M: 5.39%
• 1Y: -2.84%
• 3Y*: 4.04%
• 5Y*: -1.80%
• 10Y*: 13.55%

DXQLX

• 1D: 1.03%
• 1M: 17.36%
• YTD: 34.26%
• 6M: 31.21%
• 1Y: 72.84%
• 3Y*: 44.44%
• 5Y*: 23.18%
• 10Y*: 35.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CNPIX vs. DXQLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CNPIX ProFunds Consumer Goods UltraSector Fund	6.81%	-3.43%	12.77%	2.93%	-36.57%	26.52%	188.12%	40.51%	-22.66%	20.89%
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund	34.26%	29.99%	39.26%	97.59%	-57.72%	55.98%	100.94%	79.36%	-81.54%	743.06%

Correlation

The correlation between CNPIX and DXQLX is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.54
Correlation (All Time) Calculated using the full available price history since May 2, 2006	0.65

The correlation between CNPIX and DXQLX shifts across timeframes, from -0.07 (1 year) to 0.65 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CNPIX vs. DXQLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CNPIX

CNPIX Risk / Return Rank: 2
CNPIX Sharpe Ratio Rank: 2
CNPIX Sortino Ratio Rank: 2
CNPIX Omega Ratio Rank: 2
CNPIX Calmar Ratio Rank: 2
CNPIX Martin Ratio Rank: 2

DXQLX

DXQLX Risk / Return Rank: 67
DXQLX Sharpe Ratio Rank: 83
DXQLX Sortino Ratio Rank: 58
DXQLX Omega Ratio Rank: 57
DXQLX Calmar Ratio Rank: 75
DXQLX Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CNPIX vs. DXQLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProFunds Consumer Goods UltraSector Fund (CNPIX) and Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CNPIX	DXQLX	Difference
Sharpe ratio Return per unit of total volatility	-0.15	2.69	-2.84
Sortino ratio Return per unit of downside risk	-0.09	3.21	-3.30
Omega ratio Gain probability vs. loss probability	0.99	1.42	-0.43
Calmar ratio Return relative to maximum drawdown	-0.11	3.41	-3.52
Martin ratio Return relative to average drawdown	-0.19	12.50	-12.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CNPIX vs. DXQLX - Sharpe Ratio Comparison

The current CNPIX Sharpe Ratio is -0.15, which is lower than the DXQLX Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of CNPIX and DXQLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CNPIX	DXQLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.15	2.69	-2.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.08	0.55	-0.63
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.34	0.26	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.11	+0.25

Drawdowns

CNPIX vs. DXQLX - Drawdown Comparison

The maximum CNPIX drawdown since its inception was -60.04%, smaller than the maximum DXQLX drawdown of -96.04%. Use the drawdown chart below to compare losses from any high point for CNPIX and DXQLX.

Drawdown Indicators

	CNPIX	DXQLX	Difference
Max Drawdown Largest peak-to-trough decline	-60.04%	-96.04%	+36.00%
Max Drawdown (1Y) Largest decline over 1 year	-14.47%	-21.88%	+7.41%
Max Drawdown (3Y) Largest decline over 3 years	-19.04%	-37.99%	+18.95%
Max Drawdown (5Y) Largest decline over 5 years	-45.40%	-60.79%	+15.39%
Max Drawdown (10Y) Largest decline over 10 years	-46.56%	-87.23%	+40.67%
Current Drawdown Current decline from peak	-27.94%	0.00%	-27.94%
Average Drawdown Average peak-to-trough decline	-12.94%	-51.62%	+38.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.88%	5.97%	+1.91%

Volatility

CNPIX vs. DXQLX - Volatility Comparison

The current volatility for ProFunds Consumer Goods UltraSector Fund (CNPIX) is 5.97%, while Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) has a volatility of 7.62%. This indicates that CNPIX experiences smaller price fluctuations and is considered to be less risky than DXQLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CNPIX	DXQLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.97%	7.62%	-1.65%
Volatility (6M) Calculated over the trailing 6-month period	14.73%	21.26%	-6.53%
Volatility (1Y) Calculated over the trailing 1-year period	18.87%	28.13%	-9.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.72%	42.14%	-18.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.43%	138.65%	-98.22%

CNPIX vs. DXQLX - Expense Ratio Comparison

CNPIX has a 1.78% expense ratio, which is higher than DXQLX's 1.39% expense ratio.

Dividends

CNPIX vs. DXQLX - Dividend Comparison

CNPIX's dividend yield for the trailing twelve months is around 0.56%, less than DXQLX's 11.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CNPIX ProFunds Consumer Goods UltraSector Fund	0.56%	0.60%	1.55%	1.59%	0.00%	1.45%	0.00%	2.77%	1.64%	0.07%	0.00%	0.50%
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund	11.02%	14.50%	0.33%	0.00%	0.00%	11.75%	10.90%	3.37%	7.37%	5.72%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CNPIX and DXQLX in my portfolio?

CNPIX and DXQLX have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CNPIX or DXQLX?

DXQLX has higher volatility (7.62%) compared to CNPIX (5.97%). In terms of maximum drawdown, CNPIX dropped -60.04% vs DXQLX's -96.04%.

Which has better risk-adjusted returns?

DXQLX currently has the higher Sharpe Ratio (2.69 vs -0.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.