DXQLX vs. RYNVX
Compare and contrast key facts about Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) and Rydex Nova Fund (RYNVX).
DXQLX is a passively managed fund by Direxion that tracks the performance of the . It was launched on May 1, 2006. RYNVX is managed by Rydex Funds. It was launched on Jul 11, 1993.
Performance
DXQLX vs. RYNVX - Performance Comparison
Loading graphics...
DXQLX vs. RYNVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | -16.65% | 29.99% | 39.26% | 97.59% | -57.72% | 55.98% | 100.94% | 79.36% | -81.54% | 743.06% |
RYNVX Rydex Nova Fund | -11.41% | 21.42% | 33.14% | 35.31% | -29.96% | 42.56% | 19.64% | 45.58% | -10.24% | 31.17% |
Returns By Period
In the year-to-date period, DXQLX achieves a -16.65% return, which is significantly lower than RYNVX's -11.41% return. Over the past 10 years, DXQLX has outperformed RYNVX with an annualized return of 28.82%, while RYNVX has yielded a comparatively lower 16.20% annualized return.
DXQLX
- 1D
- -1.45%
- 1M
- -14.31%
- YTD
- -16.65%
- 6M
- -14.21%
- 1Y
- 28.10%
- 3Y*
- 30.01%
- 5Y*
- 13.83%
- 10Y*
- 28.82%
RYNVX
- 1D
- -0.59%
- 1M
- -11.64%
- YTD
- -11.41%
- 6M
- -8.94%
- 1Y
- 16.27%
- 3Y*
- 20.70%
- 5Y*
- 12.22%
- 10Y*
- 16.20%
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. RYNVX - Expense Ratio Comparison
DXQLX has a 1.39% expense ratio, which is higher than RYNVX's 1.23% expense ratio.
Return for Risk
DXQLX vs. RYNVX — Risk / Return Rank
DXQLX
RYNVX
DXQLX vs. RYNVX - 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 Rydex Nova Fund (RYNVX). 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 | RYNVX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.70 | 0.64 | +0.07 |
Sortino ratioReturn per unit of downside risk | 1.31 | 1.07 | +0.24 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.16 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.99 | 0.77 | +0.23 |
Martin ratioReturn relative to average drawdown | 3.53 | 3.48 | +0.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DXQLX | RYNVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 0.64 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.47 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | 0.59 | -0.50 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.38 | -0.37 |
Correlation
The correlation between DXQLX and RYNVX is 0.87, 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.
Dividends
DXQLX vs. RYNVX - Dividend Comparison
DXQLX's dividend yield for the trailing twelve months is around 17.75%, more than RYNVX's 0.85% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | 17.75% | 14.50% | 0.33% | 0.00% | 0.00% | 11.75% | 10.90% | 3.37% | 7.37% | 5.72% | 0.00% | 0.00% |
RYNVX Rydex Nova Fund | 0.85% | 0.76% | 0.66% | 0.59% | 22.11% | 9.07% | 0.53% | 0.00% | 0.00% | 1.97% | 1.22% | 0.13% |
Drawdowns
DXQLX vs. RYNVX - Drawdown Comparison
The maximum DXQLX drawdown since its inception was -97.24%, which is greater than RYNVX's maximum drawdown of -76.54%. Use the drawdown chart below to compare losses from any high point for DXQLX and RYNVX.
Loading graphics...
Drawdown Indicators
| DXQLX | RYNVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.24% | -76.54% | -20.70% |
Max Drawdown (1Y)Largest decline over 1 year | -22.05% | -17.91% | -4.14% |
Max Drawdown (5Y)Largest decline over 5 years | -60.79% | -40.92% | -19.87% |
Max Drawdown (10Y)Largest decline over 10 years | -87.23% | -48.58% | -38.65% |
Current DrawdownCurrent decline from peak | -21.88% | -13.84% | -8.04% |
Average DrawdownAverage peak-to-trough decline | -66.36% | -19.72% | -46.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.20% | 3.94% | +2.26% |
Volatility
DXQLX vs. RYNVX - Volatility Comparison
Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) has a higher volatility of 9.63% compared to Rydex Nova Fund (RYNVX) at 6.38%. This indicates that DXQLX's price experiences larger fluctuations and is considered to be riskier than RYNVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DXQLX | RYNVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.63% | 6.38% | +3.25% |
Volatility (6M)Calculated over the trailing 6-month period | 21.96% | 13.61% | +8.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.19% | 27.19% | +13.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.24% | 25.89% | +16.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 316.44% | 27.33% | +289.11% |