DXQLX vs. VONE
Compare and contrast key facts about Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) and Vanguard Russell 1000 ETF (VONE).
DXQLX is a passively managed fund by Direxion that tracks the performance of the . It was launched on May 1, 2006. VONE is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 Index. It was launched on Sep 20, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DXQLX or VONE.
Key characteristics
| DXQLX | VONE | |
|---|---|---|
| YTD Return | 40.63% | 26.65% |
| 1Y Return | 61.03% | 38.22% |
| 3Y Return (Ann) | 2.16% | 9.36% |
| 5Y Return (Ann) | 26.92% | 15.70% |
| 10Y Return (Ann) | 23.99% | 13.14% |
| Sharpe Ratio | 1.96 | 3.09 |
| Sortino Ratio | 2.48 | 4.10 |
| Omega Ratio | 1.34 | 1.58 |
| Calmar Ratio | 1.64 | 4.46 |
| Martin Ratio | 8.97 | 20.26 |
| Ulcer Index | 6.71% | 1.88% |
| Daily Std Dev | 30.65% | 12.36% |
| Max Drawdown | -91.88% | -34.67% |
| Current Drawdown | -0.41% | -0.32% |
Correlation
The correlation between DXQLX and VONE is 0.88, 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. VONE - Performance Comparison
In the year-to-date period, DXQLX achieves a 40.63% return, which is significantly higher than VONE's 26.65% return. Over the past 10 years, DXQLX has outperformed VONE with an annualized return of 23.99%, while VONE has yielded a comparatively lower 13.14% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DXQLX vs. VONE - Expense Ratio Comparison
DXQLX has a 1.39% expense ratio, which is higher than VONE's 0.08% expense ratio.
Risk-Adjusted Performance
DXQLX vs. VONE - 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 Vanguard Russell 1000 ETF (VONE). 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.
Dividends
DXQLX vs. VONE - Dividend Comparison
DXQLX's dividend yield for the trailing twelve months is around 0.32%, less than VONE's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VONE Vanguard Russell 1000 ETF | 1.20% | 1.40% | 1.59% | 1.16% | 1.45% | 1.66% | 1.96% | 1.69% | 1.89% | 1.89% | 1.68% | 1.70% |
Drawdowns
DXQLX vs. VONE - Drawdown Comparison
The maximum DXQLX drawdown since its inception was -91.88%, which is greater than VONE's maximum drawdown of -34.67%. Use the drawdown chart below to compare losses from any high point for DXQLX and VONE. For additional features, visit the drawdowns tool.
Volatility
DXQLX vs. VONE - Volatility Comparison
Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) has a higher volatility of 8.87% compared to Vanguard Russell 1000 ETF (VONE) at 3.89%. This indicates that DXQLX's price experiences larger fluctuations and is considered to be riskier than VONE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.