DXQLX vs. VOO
Compare and contrast key facts about Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) and Vanguard S&P 500 ETF (VOO).
DXQLX is a passively managed fund by Direxion that tracks the performance of the . It was launched on May 1, 2006. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DXQLX or VOO.
Correlation
The correlation between DXQLX and VOO 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. VOO - Performance Comparison
Key characteristics
DXQLX:
1.47
VOO:
2.25
DXQLX:
1.95
VOO:
2.98
DXQLX:
1.26
VOO:
1.42
DXQLX:
1.47
VOO:
3.31
DXQLX:
6.83
VOO:
14.77
DXQLX:
6.79%
VOO:
1.90%
DXQLX:
31.53%
VOO:
12.46%
DXQLX:
-91.88%
VOO:
-33.99%
DXQLX:
-6.22%
VOO:
-2.47%
Returns By Period
In the year-to-date period, DXQLX achieves a 42.61% return, which is significantly higher than VOO's 26.02% return. Over the past 10 years, DXQLX has outperformed VOO with an annualized return of 24.00%, while VOO has yielded a comparatively lower 13.08% annualized return.
DXQLX
42.61%
4.87%
11.60%
43.42%
24.83%
24.00%
VOO
26.02%
-0.11%
9.35%
26.45%
14.79%
13.08%
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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 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.
Dividends
DXQLX vs. VOO - Dividend Comparison
DXQLX's dividend yield for the trailing twelve months is around 0.32%, less than VOO's 0.91% 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% |
VOO Vanguard S&P 500 ETF | 0.91% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
DXQLX vs. VOO - Drawdown Comparison
The maximum DXQLX drawdown since its inception was -91.88%, 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.
Volatility
DXQLX vs. VOO - Volatility Comparison
Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) has a higher volatility of 9.11% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that DXQLX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.