DXKLX vs. DXQLX
DXKLX (Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund) and DXQLX (Direxion Monthly NASDAQ-100 Bull 1.75X Fund) are both mutual funds - DXKLX is a Leveraged Bonds fund managed by Direxion, while DXQLX is a Leveraged Equities fund managed by Direxion. Over the past 10 years, DXKLX returned -3.69%/yr vs 31.86%/yr for DXQLX. Their -0.22 correlation means they have often moved in opposite directions in the past. DXKLX charges 1.35%/yr vs 1.39%/yr for DXQLX.
Performance
DXKLX vs. DXQLX - 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 DXQLX's 14.96% return. Over the past 10 years, DXKLX has underperformed DXQLX with an annualized return of -3.69%, while DXQLX has yielded a comparatively higher 31.86% 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%
DXQLX
- 1D
- 6.37%
- 1M
- -7.75%
- 6M
- 13.01%
- YTD
- 14.96%
- 1Y
- 35.24%
- 3Y*
- 31.38%
- 5Y*
- 15.36%
- 10Y*
- 31.86%
- ALL TIME*
- 19.41%
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. DXQLX - 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% |
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | 14.96% | 29.99% | 39.26% | 97.59% | -57.72% | 55.98% | 100.94% | 79.36% | -7.68% | 68.61% |
Correlation
The correlation between DXKLX and DXQLX is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (3Y) Balances recent behavior with more history. | 0.11 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.08 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.04 |
Correlation (All Time) Calculated using the full available price history since May 1, 2006 | -0.22 |
The correlation between DXKLX and DXQLX shifts across timeframes, from -0.22 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
DXKLX vs. DXQLX — Risk / Return Rank
DXKLX
DXQLX
DXKLX vs. DXQLX - 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 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.
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 | DXQLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -1.77 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.16 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | 1.35 | -1.66 |
| Martin ratioReturn relative to average drawdown | -0.70 | 4.20 | -4.90 |
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Drawdowns
DXKLX vs. DXQLX - Drawdown Comparison
The maximum DXKLX drawdown since its inception was -47.64%, smaller than the maximum DXQLX drawdown of -92.39%. Use the drawdown chart below to compare losses from any high point for DXKLX and DXQLX.
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Drawdown Indicators
| DXKLX | DXQLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.64% | -92.39% | +44.75% |
Max Drawdown (1Y)Largest decline over 1 year | -8.80% | -21.88% | +13.08% |
Max Drawdown (3Y)Largest decline over 3 years | -13.62% | -37.99% | +24.37% |
Max Drawdown (5Y)Largest decline over 5 years | -42.54% | -60.79% | +18.25% |
Max Drawdown (10Y)Largest decline over 10 years | -47.64% | -60.79% | +13.15% |
Current DrawdownCurrent decline from peak | -43.55% | -15.07% | -28.48% |
Average DrawdownAverage peak-to-trough decline | -15.22% | -25.96% | +10.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.97% | 7.01% | -3.04% |
Volatility
DXKLX vs. DXQLX - Volatility Comparison
The current volatility for Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund (DXKLX) is 1.80%, while Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) has a volatility of 12.62%. This indicates that DXKLX 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.
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Volatility by Period
| DXKLX | DXQLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.80% | 12.62% | -10.82% |
Volatility (6M)Calculated over the trailing 6-month period | 6.31% | 28.41% | -22.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.13% | 34.25% | -26.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.97% | 42.97% | -29.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.40% | 44.72% | -32.32% |
DXKLX vs. DXQLX - Expense Ratio Comparison
DXKLX has a 1.35% expense ratio, which is lower than DXQLX's 1.39% expense ratio.
Dividends
DXKLX vs. DXQLX - Dividend Comparison
DXKLX's dividend yield for the trailing twelve months is around 1.81%, less than DXQLX's 12.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | 12.87% | 14.50% | 0.33% | 0.00% | 0.00% | 11.75% | 10.90% | 3.37% | 7.37% | 5.72% |
Frequently Asked Questions
DXKLX and DXQLX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DXQLX has higher volatility (12.62%) compared to DXKLX (1.80%). In terms of maximum drawdown, DXKLX dropped -47.64% vs DXQLX's -92.39%.
DXQLX currently has the higher Sharpe Ratio (0.86 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.
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