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DXNLX vs. FSPTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DXNLX and FSPTX is 0.93, 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.


-0.50.00.51.00.9

Performance

DXNLX vs. FSPTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) and Fidelity Select Technology Portfolio (FSPTX). The values are adjusted to include any dividend payments, if applicable.

200.00%400.00%600.00%800.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
966.60%
221.80%
DXNLX
FSPTX

Key characteristics

Sharpe Ratio

DXNLX:

1.48

FSPTX:

1.41

Sortino Ratio

DXNLX:

1.99

FSPTX:

1.91

Omega Ratio

DXNLX:

1.27

FSPTX:

1.25

Calmar Ratio

DXNLX:

1.97

FSPTX:

2.11

Martin Ratio

DXNLX:

6.81

FSPTX:

6.97

Ulcer Index

DXNLX:

4.89%

FSPTX:

4.84%

Daily Std Dev

DXNLX:

22.50%

FSPTX:

23.91%

Max Drawdown

DXNLX:

-47.71%

FSPTX:

-84.32%

Current Drawdown

DXNLX:

-4.54%

FSPTX:

-7.06%

Returns By Period

The year-to-date returns for both investments are quite close, with DXNLX having a 30.79% return and FSPTX slightly higher at 31.53%.


DXNLX

YTD

30.79%

1M

3.54%

6M

8.80%

1Y

31.38%

5Y*

18.63%

10Y*

N/A

FSPTX

YTD

31.53%

1M

-0.98%

6M

5.84%

1Y

31.81%

5Y*

13.75%

10Y*

13.02%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


DXNLX vs. FSPTX - Expense Ratio Comparison

DXNLX has a 1.19% expense ratio, which is higher than FSPTX's 0.67% expense ratio.


DXNLX
Direxion Monthly NASDAQ-100 Bull 1.25X Fund
Expense ratio chart for DXNLX: current value at 1.19% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.19%
Expense ratio chart for FSPTX: current value at 0.67% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.67%

Risk-Adjusted Performance

DXNLX vs. FSPTX - 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 Fidelity Select Technology Portfolio (FSPTX). 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.


Sharpe ratio
The chart of Sharpe ratio for DXNLX, currently valued at 1.48, compared to the broader market-1.000.001.002.003.004.001.481.41
The chart of Sortino ratio for DXNLX, currently valued at 1.99, compared to the broader market-2.000.002.004.006.008.0010.001.991.91
The chart of Omega ratio for DXNLX, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.003.501.271.25
The chart of Calmar ratio for DXNLX, currently valued at 1.97, compared to the broader market0.002.004.006.008.0010.0012.0014.001.972.11
The chart of Martin ratio for DXNLX, currently valued at 6.81, compared to the broader market0.0020.0040.0060.006.816.97
DXNLX
FSPTX

The current DXNLX Sharpe Ratio is 1.48, which is comparable to the FSPTX Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of DXNLX and FSPTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.48
1.41
DXNLX
FSPTX

Dividends

DXNLX vs. FSPTX - Dividend Comparison

DXNLX's dividend yield for the trailing twelve months is around 0.16%, while FSPTX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
DXNLX
Direxion Monthly NASDAQ-100 Bull 1.25X Fund
0.16%0.00%0.00%0.00%4.35%63.94%0.42%0.00%0.00%0.00%0.00%0.00%
FSPTX
Fidelity Select Technology Portfolio
0.00%0.01%0.00%0.00%0.09%0.25%0.14%0.00%0.05%4.28%17.85%8.07%

Drawdowns

DXNLX vs. FSPTX - Drawdown Comparison

The maximum DXNLX drawdown since its inception was -47.71%, smaller than the maximum FSPTX drawdown of -84.32%. Use the drawdown chart below to compare losses from any high point for DXNLX and FSPTX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.54%
-7.06%
DXNLX
FSPTX

Volatility

DXNLX vs. FSPTX - Volatility Comparison

The current volatility for Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) is 6.60%, while Fidelity Select Technology Portfolio (FSPTX) has a volatility of 7.49%. This indicates that DXNLX experiences smaller price fluctuations and is considered to be less risky than FSPTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
6.60%
7.49%
DXNLX
FSPTX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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