DXKLX vs. RMQAX
DXKLX (Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund) and RMQAX (Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund) are both mutual funds - DXKLX is a Leveraged Bonds fund managed by Direxion, while RMQAX is a Leveraged Equities fund managed by Rydex Funds. Over the past 10 years, DXKLX returned -3.64%/yr vs 34.08%/yr for RMQAX. Their -0.08 correlation means they have often moved in opposite directions in the past. DXKLX charges 1.35%/yr vs 1.32%/yr for RMQAX.
Performance
DXKLX vs. RMQAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DXKLX achieves a -5.90% return, which is significantly lower than RMQAX's 17.71% return. Over the past 10 years, DXKLX has underperformed RMQAX with an annualized return of -3.64%, while RMQAX has yielded a comparatively higher 34.08% 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%
RMQAX
- 1D
- 1.29%
- 1M
- -7.73%
- 6M
- 13.82%
- YTD
- 17.71%
- 1Y
- 41.27%
- 3Y*
- 36.09%
- 5Y*
- 18.27%
- 10Y*
- 34.08%
- ALL TIME*
- 31.46%
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. RMQAX - 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% |
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 17.71% | 33.92% | 44.76% | 115.91% | -59.93% | 56.36% | 101.06% | 80.80% | -7.28% | 69.80% |
Correlation
The correlation between DXKLX and RMQAX 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. | -0.03 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015 | -0.08 |
The correlation between DXKLX and RMQAX shifts across timeframes, from -0.08 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DXKLX vs. RMQAX — Risk / Return Rank
DXKLX
RMQAX
DXKLX vs. RMQAX - 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 Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX). 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 | RMQAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -1.87 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.18 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | 1.44 | -1.77 |
| Martin ratioReturn relative to average drawdown | -0.73 | 4.42 | -5.15 |
Loading charts...
Drawdowns
DXKLX vs. RMQAX - Drawdown Comparison
The maximum DXKLX drawdown since its inception was -47.64%, smaller than the maximum RMQAX drawdown of -63.18%. Use the drawdown chart below to compare losses from any high point for DXKLX and RMQAX.
Loading charts...
Drawdown Indicators
| DXKLX | RMQAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.64% | -63.18% | +15.54% |
Max Drawdown (1Y)Largest decline over 1 year | -8.80% | -24.96% | +16.16% |
Max Drawdown (3Y)Largest decline over 3 years | -13.62% | -42.45% | +28.83% |
Max Drawdown (5Y)Largest decline over 5 years | -42.11% | -63.18% | +21.07% |
Max Drawdown (10Y)Largest decline over 10 years | -47.64% | -63.18% | +15.54% |
Current DrawdownCurrent decline from peak | -43.55% | -16.01% | -27.54% |
Average DrawdownAverage peak-to-trough decline | -15.22% | -12.85% | -2.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.00% | 8.10% | -4.10% |
Volatility
DXKLX vs. RMQAX - Volatility Comparison
The current volatility for Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund (DXKLX) is 1.78%, while Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) has a volatility of 14.50%. This indicates that DXKLX experiences smaller price fluctuations and is considered to be less risky than RMQAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DXKLX | RMQAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.78% | 14.50% | -12.72% |
Volatility (6M)Calculated over the trailing 6-month period | 6.30% | 32.55% | -26.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.10% | 39.25% | -31.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.96% | 47.22% | -33.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.40% | 46.82% | -34.42% |
DXKLX vs. RMQAX - Expense Ratio Comparison
DXKLX has a 1.35% expense ratio, which is higher than RMQAX's 1.32% expense ratio.
Dividends
DXKLX vs. RMQAX - Dividend Comparison
DXKLX's dividend yield for the trailing twelve months is around 1.81%, less than RMQAX's 30.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
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% |
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 30.81% | 36.27% | 26.02% | 3.76% | 0.00% | 2.18% | 5.30% | 0.10% |
Frequently Asked Questions
DXKLX and RMQAX 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.
RMQAX has higher volatility (14.50%) compared to DXKLX (1.78%). In terms of maximum drawdown, DXKLX dropped -47.64% vs RMQAX's -63.18%.
RMQAX currently has the higher Sharpe Ratio (0.91 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.
Find the right allocation for DXKLX and RMQAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer