Correlation
The correlation between DXNLX and DXQLX is 0.90, 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.
DXNLX vs. DXQLX
Compare and contrast key facts about Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) and Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX).
DXNLX is managed by Direxion. It was launched on Mar 31, 2016. DXQLX is a passively managed fund by Direxion that tracks the performance of the . It was launched on May 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DXNLX or DXQLX.
Performance
DXNLX vs. DXQLX - Performance Comparison
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Key characteristics
DXNLX:
0.49
DXQLX:
0.44
DXNLX:
0.80
DXQLX:
0.84
DXNLX:
1.11
DXQLX:
1.12
DXNLX:
0.47
DXQLX:
0.44
DXNLX:
1.47
DXQLX:
1.35
DXNLX:
9.00%
DXQLX:
12.38%
DXNLX:
32.40%
DXQLX:
46.26%
DXNLX:
-43.78%
DXQLX:
-95.03%
DXNLX:
-5.69%
DXQLX:
-8.68%
Returns By Period
In the year-to-date period, DXNLX achieves a 0.49% return, which is significantly higher than DXQLX's -0.28% return.
DXNLX
0.49%
11.16%
0.75%
15.73%
21.03%
19.34%
N/A
DXQLX
-0.28%
15.49%
0.04%
20.29%
26.36%
25.87%
27.48%
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DXNLX vs. DXQLX - Expense Ratio Comparison
DXNLX has a 1.19% expense ratio, which is lower than DXQLX's 1.39% expense ratio.
Risk-Adjusted Performance
DXNLX vs. DXQLX — Risk-Adjusted Performance Rank
DXNLX
DXQLX
DXNLX vs. DXQLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) 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.
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Dividends
DXNLX vs. DXQLX - Dividend Comparison
DXNLX's dividend yield for the trailing twelve months is around 2.81%, more than DXQLX's 0.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXNLX Direxion Monthly NASDAQ-100 Bull 1.25X Fund | 2.81% | 0.17% | 0.00% | 0.00% | 7.43% | 12.20% | 63.94% | 8.79% | 7.52% | 0.00% | 0.00% | 0.00% |
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | 0.96% | 0.33% | 0.00% | 0.00% | 11.76% | 10.90% | 3.38% | 7.37% | 5.72% | 0.00% | 2.40% | 1.16% |
Drawdowns
DXNLX vs. DXQLX - Drawdown Comparison
The maximum DXNLX drawdown since its inception was -43.78%, smaller than the maximum DXQLX drawdown of -95.03%. Use the drawdown chart below to compare losses from any high point for DXNLX and DXQLX.
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Volatility
DXNLX vs. DXQLX - Volatility Comparison
The current volatility for Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) is 6.91%, while Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) has a volatility of 9.46%. This indicates that DXNLX 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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