DXKLX vs. BMPIX

Last updated Aug 1, 2026

DXKLX (Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund) and BMPIX (ProFunds Basic Materials UltraSector Fund) are both mutual funds - DXKLX is a Leveraged Bonds fund managed by Direxion, while BMPIX is a Leveraged Equities fund managed by ProFunds. Over the past 10 years, DXKLX returned -3.69%/yr vs 9.93%/yr for BMPIX. Their -0.23 correlation means they have often moved in opposite directions in the past. DXKLX charges 1.35%/yr vs 1.89%/yr for BMPIX.

Performance

DXKLX vs. BMPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund (DXKLX) and ProFunds Basic Materials UltraSector Fund (BMPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DXKLX achieves a -5.90% return, which is significantly lower than BMPIX's 19.33% return. Over the past 10 years, DXKLX has underperformed BMPIX with an annualized return of -3.69%, while BMPIX has yielded a comparatively higher 9.93% annualized return.

DXKLX

• 1D: 0.00%
• 1M: -2.37%
• 6M: -5.04%
• YTD: -5.90%
• 1Y: -4.77%
• 3Y*: -1.82%
• 5Y*: -8.97%
• 10Y*: -3.69%
• ALL TIME*: 2.23%

BMPIX

• 1D: -0.18%
• 1M: -1.44%
• 6M: 5.65%
• YTD: 19.33%
• 1Y: 26.56%
• 3Y*: 6.90%
• 5Y*: 5.68%
• 10Y*: 9.93%
• ALL TIME*: 6.41%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BMPIX ProFunds Basic Materials UltraSector Fund	$0.00	$0.00	$0.00
DXKLX Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund	$0.00	$0.00	$0.00

DXKLX vs. BMPIX - 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%
BMPIX ProFunds Basic Materials UltraSector Fund	19.33%	9.09%	-5.35%	15.30%	-16.22%	38.93%	18.27%	25.13%	-26.81%	34.96%

Correlation

The correlation between DXKLX and BMPIX is 0.30, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.30
Correlation (3Y) Balances recent behavior with more history.	0.23
Correlation (5Y) Shows whether the relationship held over a longer period.	0.11
Correlation (10Y) Provides a long-term view across more market conditions.	-0.09
Correlation (All Time) Calculated using the full available price history since Apr 12, 2005	-0.23

The correlation between DXKLX and BMPIX shifts across timeframes, from -0.23 (all time) to 0.30 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

DXKLX vs. BMPIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DXKLX

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

BMPIX

BMPIX Risk / Return Rank: 24
BMPIX Sharpe Ratio Rank: 23
BMPIX Sortino Ratio Rank: 25
BMPIX Omega Ratio Rank: 23
BMPIX Calmar Ratio Rank: 26
BMPIX Martin Ratio Rank: 22

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DXKLX vs. BMPIX - 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 ProFunds Basic Materials UltraSector Fund (BMPIX). 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	BMPIX	Difference
Sharpe ratio: Return per unit of total volatility	-0.34	0.85	-1.19
Sortino ratio: Return per unit of downside risk	-0.43	1.33	-1.77
Omega ratio: Gain probability vs. loss probability	0.95	1.16	-0.20
Calmar ratio: Return relative to maximum drawdown	-0.32	1.21	-1.53
Martin ratio: Return relative to average drawdown	-0.70	3.22	-3.93

DXKLX vs. BMPIX - Sharpe Ratio Comparison

The current DXKLX Sharpe Ratio is -0.34, which is lower than the BMPIX Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of DXKLX and BMPIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DXKLX vs. BMPIX - Drawdown Comparison

The maximum DXKLX drawdown since its inception was -47.64%, smaller than the maximum BMPIX drawdown of -84.22%. Use the drawdown chart below to compare losses from any high point for DXKLX and BMPIX.

Drawdown Indicators

	DXKLX	BMPIX	Difference
Max Drawdown Largest peak-to-trough decline	-47.64%	-84.22%	+36.58%
Max Drawdown (1Y) Largest decline over 1 year	-8.80%	-18.38%	+9.58%
Max Drawdown (3Y) Largest decline over 3 years	-13.62%	-34.54%	+20.92%
Max Drawdown (5Y) Largest decline over 5 years	-42.54%	-38.50%	-4.04%
Max Drawdown (10Y) Largest decline over 10 years	-47.64%	-61.41%	+13.77%
Current Drawdown Current decline from peak	-43.55%	-6.65%	-36.90%
Average Drawdown Average peak-to-trough decline	-15.22%	-24.01%	+8.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.97%	6.89%	-2.92%

Volatility

DXKLX vs. BMPIX - Volatility Comparison

The current volatility for Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund (DXKLX) is 1.80%, while ProFunds Basic Materials UltraSector Fund (BMPIX) has a volatility of 7.87%. This indicates that DXKLX experiences smaller price fluctuations and is considered to be less risky than BMPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DXKLX	BMPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.80%	7.87%	-6.07%
Volatility (6M) Calculated over the trailing 6-month period	6.31%	20.85%	-14.54%
Volatility (1Y) Calculated over the trailing 1-year period	8.13%	26.49%	-18.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.97%	29.67%	-15.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.40%	32.07%	-19.67%

DXKLX vs. BMPIX - Expense Ratio Comparison

DXKLX has a 1.35% expense ratio, which is lower than BMPIX's 1.89% expense ratio.

Dividends

DXKLX vs. BMPIX - Dividend Comparison

DXKLX's dividend yield for the trailing twelve months is around 1.81%, more than BMPIX's 1.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BMPIX ProFunds Basic Materials UltraSector Fund	1.52%	1.81%	0.94%	0.96%	0.00%	0.00%	0.28%	0.00%	0.00%	0.00%	0.16%
DXKLX Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund	1.81%	13.38%	1.11%	0.00%	0.00%	0.00%	4.39%	7.54%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DXKLX and BMPIX in my portfolio?

DXKLX and BMPIX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DXKLX or BMPIX?

BMPIX has higher volatility (7.87%) compared to DXKLX (1.80%). In terms of maximum drawdown, DXKLX dropped -47.64% vs BMPIX's -84.22%.

Which has better risk-adjusted returns?

BMPIX currently has the higher Sharpe Ratio (0.85 vs -0.34), 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.