DXQLX vs. ^XNDX

Last updated Jul 17, 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: -0.51%
• 1M: -3.11%
• 6M: 23.55%
• YTD: 25.88%
• 1Y: 46.04%
• 3Y*: 36.25%
• 5Y*: 18.33%
• 10Y*: 33.97%

^XNDX

• 1D: -1.00%
• 1M: —
• 6M: —
• YTD: —
• 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	-1.00%

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: 41
DXQLX Sharpe Ratio Rank: 40
DXQLX Sortino Ratio Rank: 35
DXQLX Omega Ratio Rank: 37
DXQLX Calmar Ratio Rank: 47
DXQLX Martin Ratio Rank: 43

^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	1.42	—	—
Sortino ratio: Return per unit of downside risk	1.92	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	2.13	—	—
Martin ratio: Return relative to average drawdown	7.27	—	—

Drawdowns

DXQLX vs. ^XNDX - Drawdown Comparison

The maximum DXQLX drawdown since its inception was -92.39%, which is greater than ^XNDX's maximum drawdown of -1.00%. 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	-92.39%	-1.00%	-91.39%
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	-60.79%	—	—
Current Drawdown Current decline from peak	-7.00%	-1.00%	-6.00%
Average Drawdown Average peak-to-trough decline	-25.98%	-1.00%	-24.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.38%	—	—

Volatility

Volatility by Period

	DXQLX	^XNDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.02%	—	—
Volatility (6M) Calculated over the trailing 6-month period	27.01%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	32.70%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.78%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.62%	—	—