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

Correlation

The correlation between DXQLX and VOO 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. VOO - 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 Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

DXQLX:

0.28

VOO:

0.52

Sortino Ratio

DXQLX:

0.72

VOO:

0.89

Omega Ratio

DXQLX:

1.10

VOO:

1.13

Calmar Ratio

DXQLX:

0.34

VOO:

0.57

Martin Ratio

DXQLX:

1.06

VOO:

2.18

Ulcer Index

DXQLX:

12.18%

VOO:

4.85%

Daily Std Dev

DXQLX:

45.54%

VOO:

19.11%

Max Drawdown

DXQLX:

-95.28%

VOO:

-33.99%

Current Drawdown

DXQLX:

-17.55%

VOO:

-7.67%

Returns By Period

In the year-to-date period, DXQLX achieves a -9.96% return, which is significantly lower than VOO's -3.41% return. Over the past 10 years, DXQLX has outperformed VOO with an annualized return of 21.71%, while VOO has yielded a comparatively lower 12.42% annualized return.


DXQLX

YTD

-9.96%

1M

7.89%

6M

-11.20%

1Y

12.70%

5Y*

19.65%

10Y*

21.71%

VOO

YTD

-3.41%

1M

3.92%

6M

-5.06%

1Y

9.92%

5Y*

15.85%

10Y*

12.42%

*Annualized

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DXQLX vs. VOO - Expense Ratio Comparison

DXQLX has a 1.39% expense ratio, which is higher than VOO's 0.03% expense ratio.


Risk-Adjusted Performance

DXQLX vs. VOO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DXQLX
The Risk-Adjusted Performance Rank of DXQLX is 4747
Overall Rank
The Sharpe Ratio Rank of DXQLX is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of DXQLX is 5252
Sortino Ratio Rank
The Omega Ratio Rank of DXQLX is 5151
Omega Ratio Rank
The Calmar Ratio Rank of DXQLX is 5151
Calmar Ratio Rank
The Martin Ratio Rank of DXQLX is 4343
Martin Ratio Rank

VOO
The Risk-Adjusted Performance Rank of VOO is 6363
Overall Rank
The Sharpe Ratio Rank of VOO is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 6262
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 6464
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 6767
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

DXQLX vs. VOO - 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 S&P 500 ETF (VOO). 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.


The current DXQLX Sharpe Ratio is 0.28, which is lower than the VOO Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of DXQLX and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

DXQLX vs. VOO - Dividend Comparison

DXQLX's dividend yield for the trailing twelve months is around 1.06%, less than VOO's 1.34% yield.


TTM20242023202220212020201920182017201620152014
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%
VOO
Vanguard S&P 500 ETF
1.34%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%

Drawdowns

DXQLX vs. VOO - Drawdown Comparison

The maximum DXQLX drawdown since its inception was -95.28%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for DXQLX and VOO. For additional features, visit the drawdowns tool.


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Volatility

DXQLX vs. VOO - Volatility Comparison


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