DXNLX vs. RMQAX
Compare and contrast key facts about Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX).
DXNLX is managed by Direxion. It was launched on Mar 31, 2016. RMQAX is managed by Rydex Funds. It was launched on Nov 27, 2014.
Performance
DXNLX vs. RMQAX - Performance Comparison
Loading graphics...
DXNLX vs. RMQAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DXNLX Direxion Monthly NASDAQ-100 Bull 1.25X Fund | -11.90% | 22.13% | 28.56% | 66.63% | -40.88% | 32.49% | 58.90% | 46.34% | -3.37% | 37.37% |
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | -19.02% | 33.92% | 44.76% | 115.91% | -59.93% | 56.36% | 101.06% | 80.80% | -7.28% | 66.53% |
Returns By Period
In the year-to-date period, DXNLX achieves a -11.90% return, which is significantly higher than RMQAX's -19.02% return.
DXNLX
- 1D
- -0.99%
- 1M
- -10.20%
- YTD
- -11.90%
- 6M
- -9.94%
- 1Y
- 20.75%
- 3Y*
- 22.54%
- 5Y*
- 12.16%
- 10Y*
- —
RMQAX
- 1D
- -1.68%
- 1M
- -16.37%
- YTD
- -19.02%
- 6M
- -16.53%
- 1Y
- 31.63%
- 3Y*
- 33.85%
- 5Y*
- 15.55%
- 10Y*
- 30.14%
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. RMQAX - Expense Ratio Comparison
DXNLX has a 1.19% expense ratio, which is lower than RMQAX's 1.32% expense ratio.
Return for Risk
DXNLX vs. RMQAX — Risk / Return Rank
DXNLX
RMQAX
DXNLX vs. RMQAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) 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.
| DXNLX | RMQAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.75 | 0.67 | +0.08 |
Sortino ratioReturn per unit of downside risk | 1.29 | 1.28 | 0.00 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.18 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.05 | 0.96 | +0.08 |
Martin ratioReturn relative to average drawdown | 3.72 | 3.36 | +0.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DXNLX | RMQAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.75 | 0.67 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.34 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.65 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.62 | +0.09 |
Correlation
The correlation between DXNLX and RMQAX is 1.00, 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.
Dividends
DXNLX vs. RMQAX - Dividend Comparison
DXNLX's dividend yield for the trailing twelve months is around 1.13%, less than RMQAX's 44.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DXNLX Direxion Monthly NASDAQ-100 Bull 1.25X Fund | 1.13% | 2.31% | 0.17% | 0.00% | 0.00% | 7.43% | 12.20% | 0.00% | 8.79% | 7.52% |
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 44.79% | 36.27% | 26.02% | 3.76% | 0.00% | 2.18% | 5.30% | 0.10% | 0.00% | 0.00% |
Drawdowns
DXNLX vs. RMQAX - Drawdown Comparison
The maximum DXNLX drawdown since its inception was -43.77%, smaller than the maximum RMQAX drawdown of -63.18%. Use the drawdown chart below to compare losses from any high point for DXNLX and RMQAX.
Loading graphics...
Drawdown Indicators
| DXNLX | RMQAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.77% | -63.18% | +19.41% |
Max Drawdown (1Y)Largest decline over 1 year | -15.93% | -25.11% | +9.18% |
Max Drawdown (5Y)Largest decline over 5 years | -43.77% | -63.18% | +19.41% |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.18% | — |
Current DrawdownCurrent decline from peak | -15.91% | -24.96% | +9.05% |
Average DrawdownAverage peak-to-trough decline | -8.83% | -13.05% | +4.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.49% | 7.20% | -2.71% |
Volatility
DXNLX vs. RMQAX - Volatility Comparison
The current volatility for Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) is 6.78%, while Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) has a volatility of 11.12%. This indicates that DXNLX 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 graphics...
Volatility by Period
| DXNLX | RMQAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.78% | 11.12% | -4.34% |
Volatility (6M)Calculated over the trailing 6-month period | 15.55% | 25.22% | -9.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.97% | 47.33% | -19.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.22% | 46.16% | -17.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.94% | 46.29% | -17.35% |