DXQLX vs. QLD
Compare and contrast key facts about Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) and ProShares Ultra QQQ (QLD).
DXQLX is a passively managed fund by Direxion that tracks the performance of the . It was launched on May 1, 2006. QLD is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (200%). It was launched on Jun 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DXQLX or QLD.
Correlation
The correlation between DXQLX and QLD 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
DXQLX vs. QLD - Performance Comparison
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Key characteristics
DXQLX:
0.28
QLD:
0.19
DXQLX:
0.72
QLD:
0.62
DXQLX:
1.10
QLD:
1.09
DXQLX:
0.34
QLD:
0.23
DXQLX:
1.06
QLD:
0.66
DXQLX:
12.18%
QLD:
14.48%
DXQLX:
45.54%
QLD:
49.83%
DXQLX:
-95.28%
QLD:
-83.13%
DXQLX:
-17.55%
QLD:
-22.53%
Returns By Period
In the year-to-date period, DXQLX achieves a -9.96% return, which is significantly higher than QLD's -13.98% return. Over the past 10 years, DXQLX has underperformed QLD with an annualized return of 21.71%, while QLD has yielded a comparatively higher 26.34% annualized return.
DXQLX
-9.96%
7.89%
-11.20%
12.70%
19.65%
21.71%
QLD
-13.98%
8.70%
-15.77%
9.30%
25.15%
26.34%
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DXQLX vs. QLD - Expense Ratio Comparison
DXQLX has a 1.39% expense ratio, which is higher than QLD's 0.95% expense ratio.
Risk-Adjusted Performance
DXQLX vs. QLD — Risk-Adjusted Performance Rank
DXQLX
QLD
DXQLX vs. QLD - 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 ProShares Ultra QQQ (QLD). 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.
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Dividends
DXQLX vs. QLD - Dividend Comparison
DXQLX's dividend yield for the trailing twelve months is around 1.06%, more than QLD's 0.26% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | 1.06% | 0.33% | 0.00% | 0.00% | 0.00% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QLD ProShares Ultra QQQ | 0.26% | 0.25% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.90% | 0.11% | 0.19% |
Drawdowns
DXQLX vs. QLD - Drawdown Comparison
The maximum DXQLX drawdown since its inception was -95.28%, which is greater than QLD's maximum drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for DXQLX and QLD. For additional features, visit the drawdowns tool.
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Volatility
DXQLX vs. QLD - Volatility Comparison
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