DXKLX vs. ^TYX
DXKLX (Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund) is Leveraged Bonds fund managed by Direxion, while ^TYX (Treasury Yield 30 Years) is an index. Over the past 10 years, DXKLX returned -3.64%/yr vs 8.52%/yr for ^TYX. Their -0.86 correlation means they have often moved in opposite directions in the past.
Performance
DXKLX vs. ^TYX - Performance Comparison
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Returns By Period
In the year-to-date period, DXKLX achieves a -5.90% return, which is significantly lower than ^TYX's 8.08% return. Over the past 10 years, DXKLX has underperformed ^TYX with an annualized return of -3.64%, while ^TYX has yielded a comparatively higher 8.52% annualized return.
DXKLX
- 1D
- 0.00%
- 1M
- -2.37%
- 6M
- -4.68%
- YTD
- -5.90%
- 1Y
- -4.77%
- 3Y*
- -1.48%
- 5Y*
- -8.97%
- 10Y*
- -3.64%
- ALL TIME*
- 2.23%
^TYX
- 1D
- -0.83%
- 1M
- 4.93%
- 6M
- 6.56%
- YTD
- 8.08%
- 1Y
- 8.82%
- 3Y*
- 7.47%
- 5Y*
- 23.24%
- 10Y*
- 8.52%
- ALL TIME*
- -0.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
DXKLX vs. ^TYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DXKLX Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund | -5.90% | 7.74% | -7.56% | -0.43% | -29.87% | -8.83% | 16.79% | 11.77% | -1.10% | 2.73% |
^TYX Treasury Yield 30 Years | 8.08% | 1.13% | 19.08% | 1.11% | 108.66% | 15.74% | -31.10% | -20.89% | 10.26% | -10.58% |
Correlation
The correlation between DXKLX and ^TYX is -0.83, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.83 |
Correlation (3Y) Balances recent behavior with more history. | -0.89 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.87 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.86 |
Correlation (All Time) Calculated using the full available price history since Apr 12, 2005 | -0.86 |
The correlation between DXKLX and ^TYX has been stable across timeframes, ranging from -0.89 to -0.83 - a consistent structural relationship.
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Return for Risk
DXKLX vs. ^TYX — Risk / Return Rank
DXKLX
^TYX
DXKLX vs. ^TYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund (DXKLX) and Treasury Yield 30 Years (^TYX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DXKLX | ^TYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.61 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.13 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | 1.02 | -1.35 |
| Martin ratioReturn relative to average drawdown | -0.73 | 2.27 | -3.00 |
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Drawdowns
DXKLX vs. ^TYX - Drawdown Comparison
The maximum DXKLX drawdown since its inception was -47.64%, smaller than the maximum ^TYX drawdown of -93.84%. Use the drawdown chart below to compare losses from any high point for DXKLX and ^TYX.
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Drawdown Indicators
| DXKLX | ^TYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.64% | -93.84% | +46.20% |
Max Drawdown (1Y)Largest decline over 1 year | -8.80% | -8.69% | -0.11% |
Max Drawdown (3Y)Largest decline over 3 years | -13.62% | -22.85% | +9.23% |
Max Drawdown (5Y)Largest decline over 5 years | -42.11% | -22.85% | -19.26% |
Max Drawdown (10Y)Largest decline over 10 years | -47.64% | -72.86% | +25.22% |
Current DrawdownCurrent decline from peak | -43.55% | -65.61% | +22.06% |
Average DrawdownAverage peak-to-trough decline | -15.22% | -56.73% | +41.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.00% | 3.89% | +0.11% |
Volatility
DXKLX vs. ^TYX - Volatility Comparison
The current volatility for Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund (DXKLX) is 1.78%, while Treasury Yield 30 Years (^TYX) has a volatility of 2.95%. This indicates that DXKLX experiences smaller price fluctuations and is considered to be less risky than ^TYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DXKLX | ^TYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.78% | 2.95% | -1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 6.30% | 8.26% | -1.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.10% | 11.62% | -3.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.96% | 24.58% | -10.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.40% | 33.34% | -20.94% |
Frequently Asked Questions
DXKLX and ^TYX have a correlation of -0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
^TYX has higher volatility (2.95%) compared to DXKLX (1.78%). In terms of maximum drawdown, DXKLX dropped -47.64% vs ^TYX's -93.84%.
^TYX currently has the higher Sharpe Ratio (0.76 vs -0.36), 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.
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