DXQLX vs. BRK-B

Last updated Jun 4, 2026

DXQLX (Direxion Monthly NASDAQ-100 Bull 1.75X Fund) is Leveraged Equities fund managed by Direxion, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 10 years, DXQLX returned 35.37%/yr vs 12.91%/yr for BRK-B. At a 0.47 correlation, their price movements are largely independent.

Performance

DXQLX vs. BRK-B - 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 Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DXQLX achieves a 35.36% return, which is significantly higher than BRK-B's -5.43% return. Over the past 10 years, DXQLX has outperformed BRK-B with an annualized return of 35.37%, while BRK-B has yielded a comparatively lower 12.91% annualized return.

DXQLX

• 1D: 0.81%
• 1M: 18.74%
• YTD: 35.36%
• 6M: 31.80%
• 1Y: 71.91%
• 3Y*: 44.83%
• 5Y*: 23.91%
• 10Y*: 35.37%

BRK-B

• 1D: 0.82%
• 1M: 1.46%
• YTD: -5.43%
• 6M: -5.61%
• 1Y: -4.51%
• 3Y*: 13.00%
• 5Y*: 10.20%
• 10Y*: 12.91%

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

DXQLX vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund	35.36%	29.99%	39.26%	97.59%	-57.72%	55.98%	100.94%	79.36%	-81.54%	743.06%
BRK-B Berkshire Hathaway Inc.	-5.43%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%

Correlation

The correlation between DXQLX and BRK-B is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (10Y) Calculated over the trailing 10-year period	0.42
Correlation (All Time) Calculated using the full available price history since May 2, 2006	0.47

The correlation between DXQLX and BRK-B shifts across timeframes, from -0.02 (1 year) to 0.47 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DXQLX vs. BRK-B — Risk / Return Rank

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

DXQLX

DXQLX Risk / Return Rank: 67
DXQLX Sharpe Ratio Rank: 82
DXQLX Sortino Ratio Rank: 57
DXQLX Omega Ratio Rank: 56
DXQLX Calmar Ratio Rank: 75
DXQLX Martin Ratio Rank: 64

BRK-B

BRK-B Risk / Return Rank: 23
BRK-B Sharpe Ratio Rank: 27
BRK-B Sortino Ratio Rank: 22
BRK-B Omega Ratio Rank: 23
BRK-B Calmar Ratio Rank: 24
BRK-B Martin Ratio Rank: 20

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. BRK-B - 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 Berkshire Hathaway Inc. (BRK-B). 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.

	DXQLX	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	2.66	-0.32	+2.98
Sortino ratio: Return per unit of downside risk	3.19	-0.34	+3.53
Omega ratio: Gain probability vs. loss probability	1.42	0.96	+0.46
Calmar ratio: Return relative to maximum drawdown	3.41	-0.48	+3.89
Martin ratio: Return relative to average drawdown	12.47	-1.02	+13.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DXQLX vs. BRK-B - Sharpe Ratio Comparison

The current DXQLX Sharpe Ratio is 2.66, which is higher than the BRK-B Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of DXQLX and BRK-B, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DXQLX	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.66	-0.32	+2.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.60	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.26	0.67	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.48	-0.36

Drawdowns

DXQLX vs. BRK-B - Drawdown Comparison

The maximum DXQLX drawdown since its inception was -96.04%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for DXQLX and BRK-B.

Drawdown Indicators

	DXQLX	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-96.04%	-53.86%	-42.18%
Max Drawdown (1Y) Largest decline over 1 year	-21.88%	-9.42%	-12.46%
Max Drawdown (3Y) Largest decline over 3 years	-37.99%	-14.95%	-23.04%
Max Drawdown (5Y) Largest decline over 5 years	-60.79%	-26.58%	-34.21%
Max Drawdown (10Y) Largest decline over 10 years	-87.23%	-29.57%	-57.66%
Current Drawdown Current decline from peak	0.00%	-11.94%	+11.94%
Average Drawdown Average peak-to-trough decline	-51.61%	-11.07%	-40.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.97%	4.57%	+1.40%

Volatility

DXQLX vs. BRK-B - Volatility Comparison

Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) has a higher volatility of 7.58% compared to Berkshire Hathaway Inc. (BRK-B) at 3.75%. This indicates that DXQLX's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DXQLX	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.58%	3.75%	+3.83%
Volatility (6M) Calculated over the trailing 6-month period	21.24%	10.68%	+10.56%
Volatility (1Y) Calculated over the trailing 1-year period	28.08%	14.33%	+13.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.14%	17.11%	+25.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	138.65%	19.43%	+119.22%

Dividends

DXQLX vs. BRK-B - Dividend Comparison

DXQLX's dividend yield for the trailing twelve months is around 10.93%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund	10.93%	14.50%	0.33%	0.00%	0.00%	11.75%	10.90%	3.37%	7.37%	5.72%

Frequently Asked Questions

Can I hold both DXQLX and BRK-B in my portfolio?

DXQLX and BRK-B have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DXQLX or BRK-B?

DXQLX has higher volatility (7.58%) compared to BRK-B (3.75%). In terms of maximum drawdown, DXQLX dropped -96.04% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

DXQLX currently has the higher Sharpe Ratio (2.66 vs -0.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.