DXQLX vs. ^XNDX

Last updated Jun 25, 2026

DXQLX (Direxion Monthly NASDAQ-100 Bull 1.75X Fund) is Leveraged Equities fund managed by Direxion, while ^XNDX (NASDAQ 100 Total Return Index) is an index.

Performance

DXQLX vs. ^XNDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) and NASDAQ 100 Total Return Index (^XNDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DXQLX

• 1D: -5.78%
• 1M: -1.47%
• YTD: 25.02%
• 6M: 21.52%
• 1Y: 52.68%
• 3Y*: 39.29%
• 5Y*: 19.14%
• 10Y*: 34.57%

^XNDX

• 1D: -0.37%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DXQLX vs. ^XNDX - Yearly Performance Comparison

	2026 (YTD)
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund	0.00%
^XNDX NASDAQ 100 Total Return Index	-0.37%

Return for Risk

DXQLX vs. ^XNDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DXQLX

DXQLX Risk / Return Rank: 44
DXQLX Sharpe Ratio Rank: 45
DXQLX Sortino Ratio Rank: 36
DXQLX Omega Ratio Rank: 39
DXQLX Calmar Ratio Rank: 51
DXQLX Martin Ratio Rank: 47

^XNDX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DXQLX vs. ^XNDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) and NASDAQ 100 Total Return Index (^XNDX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DXQLX	^XNDX	Difference
Sharpe ratio: Return per unit of total volatility	1.80	—	—
Sortino ratio: Return per unit of downside risk	2.30	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.60	—	—
Martin ratio: Return relative to average drawdown	9.24	—	—

Drawdowns

DXQLX vs. ^XNDX - Drawdown Comparison

The maximum DXQLX drawdown since its inception was -96.04%, which is greater than ^XNDX's maximum drawdown of -0.37%. Use the drawdown chart below to compare losses from any high point for DXQLX and ^XNDX.

Drawdown Indicators

	DXQLX	^XNDX	Difference
Max Drawdown Largest peak-to-trough decline	-96.04%	-0.37%	-95.67%
Max Drawdown (1Y) Largest decline over 1 year	-21.88%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-37.99%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-60.79%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-87.23%	—	—
Current Drawdown Current decline from peak	-7.63%	-0.37%	-7.26%
Average Drawdown Average peak-to-trough decline	-51.47%	-0.37%	-51.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.15%	—	—

Volatility

Volatility by Period

	DXQLX	^XNDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.17%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.60%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	31.63%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.61%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	138.83%	—	—