DXNLX vs. VOO
Compare and contrast key facts about Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) and Vanguard S&P 500 ETF (VOO).
DXNLX is managed by Direxion. It was launched on Mar 31, 2016. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DXNLX or VOO.
Correlation
The correlation between DXNLX and VOO is 0.89, 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. VOO - Performance Comparison
Key characteristics
DXNLX:
1.36
VOO:
2.21
DXNLX:
1.86
VOO:
2.93
DXNLX:
1.24
VOO:
1.41
DXNLX:
1.85
VOO:
3.35
DXNLX:
6.19
VOO:
14.09
DXNLX:
5.05%
VOO:
2.01%
DXNLX:
22.85%
VOO:
12.78%
DXNLX:
-47.71%
VOO:
-33.99%
DXNLX:
-3.23%
VOO:
-0.46%
Returns By Period
In the year-to-date period, DXNLX achieves a 3.12% return, which is significantly higher than VOO's 2.90% return.
DXNLX
3.12%
1.37%
10.04%
28.01%
17.25%
N/A
VOO
2.90%
2.05%
9.63%
26.44%
14.54%
13.46%
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DXNLX vs. VOO - Expense Ratio Comparison
DXNLX has a 1.19% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
DXNLX vs. VOO — Risk-Adjusted Performance Rank
DXNLX
VOO
DXNLX vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
DXNLX's dividend yield for the trailing twelve months is around 2.74%, more than VOO's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXNLX Direxion Monthly NASDAQ-100 Bull 1.25X Fund | 2.74% | 0.17% | 0.00% | 0.00% | 0.00% | 4.35% | 63.94% | 0.42% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.21% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
DXNLX vs. VOO - Drawdown Comparison
The maximum DXNLX drawdown since its inception was -47.71%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for DXNLX and VOO. For additional features, visit the drawdowns tool.
Volatility
DXNLX vs. VOO - Volatility Comparison
Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX) has a higher volatility of 8.06% compared to Vanguard S&P 500 ETF (VOO) at 5.12%. This indicates that DXNLX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.