DXNLX vs. FSPTX
Compare and contrast key facts about Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) and Fidelity Select Technology Portfolio (FSPTX).
DXNLX is managed by Direxion. It was launched on Mar 31, 2016. FSPTX is managed by Fidelity. It was launched on Jul 13, 1981.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DXNLX or FSPTX.
Key characteristics
| DXNLX | FSPTX | |
|---|---|---|
| YTD Return | 29.73% | 33.43% |
| 1Y Return | 42.92% | 44.80% |
| 3Y Return (Ann) | 6.25% | 6.34% |
| 5Y Return (Ann) | 19.90% | 15.05% |
| Sharpe Ratio | 2.13 | 2.09 |
| Sortino Ratio | 2.75 | 2.68 |
| Omega Ratio | 1.37 | 1.36 |
| Calmar Ratio | 2.49 | 2.69 |
| Martin Ratio | 9.68 | 10.27 |
| Ulcer Index | 4.84% | 4.71% |
| Daily Std Dev | 21.89% | 23.05% |
| Max Drawdown | -47.71% | -92.54% |
| Current Drawdown | -0.08% | -1.30% |
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.
Performance
DXNLX vs. FSPTX - Performance Comparison
In the year-to-date period, DXNLX achieves a 29.73% return, which is significantly lower than FSPTX's 33.43% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DXNLX vs. FSPTX - Expense Ratio Comparison
DXNLX has a 1.19% expense ratio, which is higher than FSPTX's 0.67% expense ratio.
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.
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.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 -92.54%. Use the drawdown chart below to compare losses from any high point for DXNLX and FSPTX. For additional features, visit the drawdowns tool.
Volatility
DXNLX vs. FSPTX - Volatility Comparison
Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) and Fidelity Select Technology Portfolio (FSPTX) have volatilities of 6.43% and 6.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.