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.
Correlation
The correlation between DXNLX and DXQLX is 0.99, 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.
Performance
DXNLX vs. DXQLX - Performance Comparison
Key characteristics
DXNLX:
1.32
DXQLX:
1.31
DXNLX:
1.81
DXQLX:
1.79
DXNLX:
1.24
DXQLX:
1.23
DXNLX:
1.79
DXQLX:
1.53
DXNLX:
5.99
DXQLX:
5.98
DXNLX:
5.05%
DXQLX:
7.00%
DXNLX:
22.90%
DXQLX:
32.07%
DXNLX:
-47.71%
DXQLX:
-95.28%
DXNLX:
-1.66%
DXQLX:
-2.35%
Returns By Period
In the year-to-date period, DXNLX achieves a 4.78% return, which is significantly lower than DXQLX's 6.64% return.
DXNLX
4.78%
1.77%
17.15%
29.43%
17.88%
N/A
DXQLX
6.64%
2.37%
24.03%
40.64%
23.44%
24.55%
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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.
Dividends
DXNLX vs. DXQLX - Dividend Comparison
DXNLX's dividend yield for the trailing twelve months is around 2.70%, more than DXQLX's 0.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
DXNLX Direxion Monthly NASDAQ-100 Bull 1.25X Fund | 2.70% | 0.17% | 0.00% | 0.00% | 0.00% | 4.35% | 63.94% | 0.42% |
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | 0.90% | 0.33% | 0.00% | 0.00% | 0.00% | 0.28% | 0.00% | 0.00% |
Drawdowns
DXNLX vs. DXQLX - Drawdown Comparison
The maximum DXNLX drawdown since its inception was -47.71%, smaller than the maximum DXQLX drawdown of -95.28%. Use the drawdown chart below to compare losses from any high point for DXNLX and DXQLX. For additional features, visit the drawdowns tool.
Volatility
DXNLX vs. DXQLX - Volatility Comparison
The current volatility for Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) is 6.75%, while Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) has a volatility of 9.39%. 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.