DXQLX vs. RMQAX
Compare and contrast key facts about Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX).
DXQLX is a passively managed fund by Direxion that tracks the performance of the . It was launched on May 1, 2006. RMQAX is managed by Rydex Funds. It was launched on Nov 27, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DXQLX or RMQAX.
Correlation
The correlation between DXQLX and RMQAX is 0.90, 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. RMQAX - Performance Comparison
Loading data...
Key characteristics
DXQLX:
0.28
RMQAX:
-0.15
DXQLX:
0.72
RMQAX:
0.17
DXQLX:
1.10
RMQAX:
1.02
DXQLX:
0.34
RMQAX:
-0.15
DXQLX:
1.06
RMQAX:
-0.38
DXQLX:
12.18%
RMQAX:
20.91%
DXQLX:
45.54%
RMQAX:
55.38%
DXQLX:
-95.28%
RMQAX:
-63.96%
DXQLX:
-17.55%
RMQAX:
-33.85%
Returns By Period
In the year-to-date period, DXQLX achieves a -9.96% return, which is significantly higher than RMQAX's -11.46% return. Over the past 10 years, DXQLX has underperformed RMQAX with an annualized return of 21.71%, while RMQAX has yielded a comparatively higher 23.88% annualized return.
DXQLX
-9.96%
7.89%
-11.20%
12.70%
19.65%
21.71%
RMQAX
-11.46%
9.16%
-29.88%
-8.25%
18.61%
23.88%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DXQLX vs. RMQAX - Expense Ratio Comparison
DXQLX has a 1.39% expense ratio, which is higher than RMQAX's 1.32% expense ratio.
Risk-Adjusted Performance
DXQLX vs. RMQAX — Risk-Adjusted Performance Rank
DXQLX
RMQAX
DXQLX vs. RMQAX - 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 Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX). 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.
Loading data...
Dividends
DXQLX vs. RMQAX - Dividend Comparison
DXQLX's dividend yield for the trailing twelve months is around 1.06%, more than RMQAX's 0.35% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|---|---|
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | 1.06% | 0.33% | 0.00% | 0.00% | 0.00% | 0.28% | 0.00% |
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 0.35% | 0.31% | 0.14% | 0.00% | 0.00% | 0.00% | 0.10% |
Drawdowns
DXQLX vs. RMQAX - Drawdown Comparison
The maximum DXQLX drawdown since its inception was -95.28%, which is greater than RMQAX's maximum drawdown of -63.96%. Use the drawdown chart below to compare losses from any high point for DXQLX and RMQAX. For additional features, visit the drawdowns tool.
Loading data...
Volatility
DXQLX vs. RMQAX - Volatility Comparison
Loading data...