DXHYX vs. UPRO
Compare and contrast key facts about Direxion Monthly High Yield Bull 1.2X Fund (DXHYX) and ProShares UltraPro S&P 500 (UPRO).
DXHYX is managed by Direxion. It was launched on Feb 17, 2016. UPRO is a passively managed fund by ProShares that tracks the performance of the S&P 500 Index (300%). It was launched on Jun 23, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DXHYX or UPRO.
Correlation
The correlation between DXHYX and UPRO is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DXHYX vs. UPRO - Performance Comparison
Key characteristics
DXHYX:
1.62
UPRO:
1.56
DXHYX:
2.31
UPRO:
2.02
DXHYX:
1.29
UPRO:
1.27
DXHYX:
1.24
UPRO:
2.42
DXHYX:
10.57
UPRO:
8.90
DXHYX:
0.75%
UPRO:
6.64%
DXHYX:
4.90%
UPRO:
37.91%
DXHYX:
-26.40%
UPRO:
-76.82%
DXHYX:
-0.50%
UPRO:
0.00%
Returns By Period
In the year-to-date period, DXHYX achieves a 1.39% return, which is significantly lower than UPRO's 12.01% return.
DXHYX
1.39%
0.26%
2.71%
8.06%
1.53%
N/A
UPRO
12.01%
6.65%
22.69%
64.34%
21.65%
24.27%
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DXHYX vs. UPRO - Expense Ratio Comparison
DXHYX has a 1.35% expense ratio, which is higher than UPRO's 0.92% expense ratio.
Risk-Adjusted Performance
DXHYX vs. UPRO — Risk-Adjusted Performance Rank
DXHYX
UPRO
DXHYX vs. UPRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Monthly High Yield Bull 1.2X Fund (DXHYX) and ProShares UltraPro S&P 500 (UPRO). 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.
Dividends
DXHYX vs. UPRO - Dividend Comparison
DXHYX's dividend yield for the trailing twelve months is around 3.63%, more than UPRO's 0.83% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXHYX Direxion Monthly High Yield Bull 1.2X Fund | 3.63% | 4.74% | 6.08% | 12.10% | 2.06% | 6.32% | 9.96% | 4.58% | 3.56% | 2.24% | 0.00% | 0.00% |
UPRO ProShares UltraPro S&P 500 | 0.83% | 0.93% | 0.74% | 0.52% | 0.06% | 0.11% | 0.41% | 0.63% | 0.00% | 0.12% | 0.34% | 0.22% |
Drawdowns
DXHYX vs. UPRO - Drawdown Comparison
The maximum DXHYX drawdown since its inception was -26.40%, smaller than the maximum UPRO drawdown of -76.82%. Use the drawdown chart below to compare losses from any high point for DXHYX and UPRO. For additional features, visit the drawdowns tool.
Volatility
DXHYX vs. UPRO - Volatility Comparison
The current volatility for Direxion Monthly High Yield Bull 1.2X Fund (DXHYX) is 1.17%, while ProShares UltraPro S&P 500 (UPRO) has a volatility of 9.03%. This indicates that DXHYX experiences smaller price fluctuations and is considered to be less risky than UPRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.