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DXQLX vs. FSELX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DXQLX and FSELX is 0.82, 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.


-0.50.00.51.00.8

Performance

DXQLX vs. FSELX - 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 Fidelity Select Semiconductors Portfolio (FSELX). The values are adjusted to include any dividend payments, if applicable.

600.00%800.00%1,000.00%1,200.00%1,400.00%1,600.00%1,800.00%JulyAugustSeptemberOctoberNovemberDecember
1,711.54%
835.06%
DXQLX
FSELX

Key characteristics

Sharpe Ratio

DXQLX:

1.47

FSELX:

0.93

Sortino Ratio

DXQLX:

1.95

FSELX:

1.42

Omega Ratio

DXQLX:

1.26

FSELX:

1.18

Calmar Ratio

DXQLX:

1.47

FSELX:

1.39

Martin Ratio

DXQLX:

6.83

FSELX:

3.87

Ulcer Index

DXQLX:

6.79%

FSELX:

8.72%

Daily Std Dev

DXQLX:

31.53%

FSELX:

36.41%

Max Drawdown

DXQLX:

-91.88%

FSELX:

-81.70%

Current Drawdown

DXQLX:

-6.22%

FSELX:

-11.44%

Returns By Period

In the year-to-date period, DXQLX achieves a 42.61% return, which is significantly higher than FSELX's 38.23% return. Over the past 10 years, DXQLX has outperformed FSELX with an annualized return of 24.00%, while FSELX has yielded a comparatively lower 16.98% annualized return.


DXQLX

YTD

42.61%

1M

4.87%

6M

11.60%

1Y

43.42%

5Y*

24.83%

10Y*

24.00%

FSELX

YTD

38.23%

1M

-1.64%

6M

-6.19%

1Y

39.26%

5Y*

22.02%

10Y*

16.98%

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DXQLX vs. FSELX - Expense Ratio Comparison

DXQLX has a 1.39% expense ratio, which is higher than FSELX's 0.68% expense ratio.


DXQLX
Direxion Monthly NASDAQ-100 Bull 1.75X Fund
Expense ratio chart for DXQLX: current value at 1.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.39%
Expense ratio chart for FSELX: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Risk-Adjusted Performance

DXQLX vs. FSELX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) and Fidelity Select Semiconductors Portfolio (FSELX). 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.


Sharpe ratio
The chart of Sharpe ratio for DXQLX, currently valued at 1.47, compared to the broader market-1.000.001.002.003.004.001.470.93
The chart of Sortino ratio for DXQLX, currently valued at 1.95, compared to the broader market-2.000.002.004.006.008.0010.001.951.42
The chart of Omega ratio for DXQLX, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.003.501.261.18
The chart of Calmar ratio for DXQLX, currently valued at 1.47, compared to the broader market0.002.004.006.008.0010.0012.0014.001.471.39
The chart of Martin ratio for DXQLX, currently valued at 6.83, compared to the broader market0.0020.0040.0060.006.833.87
DXQLX
FSELX

The current DXQLX Sharpe Ratio is 1.47, which is higher than the FSELX Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of DXQLX and FSELX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.47
0.93
DXQLX
FSELX

Dividends

DXQLX vs. FSELX - Dividend Comparison

DXQLX's dividend yield for the trailing twelve months is around 0.32%, while FSELX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
DXQLX
Direxion Monthly NASDAQ-100 Bull 1.75X Fund
0.32%0.00%0.00%0.00%0.28%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FSELX
Fidelity Select Semiconductors Portfolio
0.00%0.10%0.18%0.04%0.51%0.76%0.76%1.04%0.71%16.31%3.48%0.61%

Drawdowns

DXQLX vs. FSELX - Drawdown Comparison

The maximum DXQLX drawdown since its inception was -91.88%, which is greater than FSELX's maximum drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for DXQLX and FSELX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.22%
-11.44%
DXQLX
FSELX

Volatility

DXQLX vs. FSELX - Volatility Comparison

Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) has a higher volatility of 9.11% compared to Fidelity Select Semiconductors Portfolio (FSELX) at 8.36%. This indicates that DXQLX's price experiences larger fluctuations and is considered to be riskier than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%18.00%JulyAugustSeptemberOctoberNovemberDecember
9.11%
8.36%
DXQLX
FSELX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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