DXHYX vs. VOO
Compare and contrast key facts about Direxion Monthly High Yield Bull 1.2X Fund (DXHYX) and Vanguard S&P 500 ETF (VOO).
DXHYX is managed by Direxion. It was launched on Feb 17, 2016. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DXHYX or VOO.
Correlation
The correlation between DXHYX and VOO 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. VOO - Performance Comparison
Key characteristics
DXHYX:
1.62
VOO:
1.88
DXHYX:
2.31
VOO:
2.53
DXHYX:
1.29
VOO:
1.35
DXHYX:
1.24
VOO:
2.81
DXHYX:
10.57
VOO:
11.78
DXHYX:
0.75%
VOO:
2.02%
DXHYX:
4.90%
VOO:
12.67%
DXHYX:
-26.40%
VOO:
-33.99%
DXHYX:
-0.50%
VOO:
0.00%
Returns By Period
In the year-to-date period, DXHYX achieves a 1.39% return, which is significantly lower than VOO's 4.61% return.
DXHYX
1.39%
0.26%
2.71%
8.06%
1.53%
N/A
VOO
4.61%
2.59%
10.08%
25.10%
14.79%
13.30%
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DXHYX vs. VOO - Expense Ratio Comparison
DXHYX has a 1.35% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
DXHYX vs. VOO — Risk-Adjusted Performance Rank
DXHYX
VOO
DXHYX vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
DXHYX's dividend yield for the trailing twelve months is around 3.63%, more than VOO's 1.19% 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% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
DXHYX vs. VOO - Drawdown Comparison
The maximum DXHYX drawdown since its inception was -26.40%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for DXHYX and VOO. For additional features, visit the drawdowns tool.
Volatility
DXHYX vs. VOO - Volatility Comparison
The current volatility for Direxion Monthly High Yield Bull 1.2X Fund (DXHYX) is 1.17%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.01%. This indicates that DXHYX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.