DXRLX vs. BMPIX

Last updated Jun 4, 2026

DXRLX (Direxion Monthly Small Cap Bull 1.75X Fund) and BMPIX (ProFunds Basic Materials UltraSector Fund) are both Leveraged Equities funds. Over the past 10 years, DXRLX returned 12.74%/yr vs 10.29%/yr for BMPIX. A 0.75 correlation means they provide meaningful diversification when combined. DXRLX charges 1.35%/yr vs 1.89%/yr for BMPIX.

Performance

DXRLX vs. BMPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Monthly Small Cap Bull 1.75X Fund (DXRLX) and ProFunds Basic Materials UltraSector Fund (BMPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DXRLX achieves a 30.58% return, which is significantly higher than BMPIX's 19.15% return. Over the past 10 years, DXRLX has outperformed BMPIX with an annualized return of 12.74%, while BMPIX has yielded a comparatively lower 10.29% annualized return.

DXRLX

• 1D: 1.58%
• 1M: 8.33%
• YTD: 30.58%
• 6M: 27.67%
• 1Y: 70.57%
• 3Y*: 23.98%
• 5Y*: 2.80%
• 10Y*: 12.74%

BMPIX

• 1D: 1.71%
• 1M: 2.12%
• YTD: 19.15%
• 6M: 23.02%
• 1Y: 24.17%
• 3Y*: 11.58%
• 5Y*: 4.10%
• 10Y*: 10.29%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DXRLX vs. BMPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DXRLX Direxion Monthly Small Cap Bull 1.75X Fund	30.58%	15.22%	10.66%	20.05%	-40.24%	26.84%	20.98%	46.08%	-27.45%	27.06%
BMPIX ProFunds Basic Materials UltraSector Fund	19.15%	9.09%	-5.35%	15.30%	-16.22%	38.93%	18.27%	25.13%	-26.81%	34.96%

Correlation

The correlation between DXRLX and BMPIX is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (10Y) Calculated over the trailing 10-year period	0.74
Correlation (All Time) Calculated using the full available price history since Sep 4, 2001	0.75

The correlation between DXRLX and BMPIX has been stable across timeframes, ranging from 0.69 to 0.75 - a consistent structural relationship.

Return for Risk

DXRLX vs. BMPIX — Risk / Return Rank

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

DXRLX

DXRLX Risk / Return Rank: 60
DXRLX Sharpe Ratio Rank: 59
DXRLX Sortino Ratio Rank: 47
DXRLX Omega Ratio Rank: 41
DXRLX Calmar Ratio Rank: 84
DXRLX Martin Ratio Rank: 72

BMPIX

BMPIX Risk / Return Rank: 14
BMPIX Sharpe Ratio Rank: 14
BMPIX Sortino Ratio Rank: 14
BMPIX Omega Ratio Rank: 13
BMPIX Calmar Ratio Rank: 16
BMPIX Martin Ratio Rank: 14

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DXRLX vs. BMPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Monthly Small Cap Bull 1.75X Fund (DXRLX) and ProFunds Basic Materials UltraSector Fund (BMPIX). 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.

	DXRLX	BMPIX	Difference
Sharpe ratio: Return per unit of total volatility	2.26	1.04	+1.23
Sortino ratio: Return per unit of downside risk	2.90	1.56	+1.34
Omega ratio: Gain probability vs. loss probability	1.35	1.18	+0.16
Calmar ratio: Return relative to maximum drawdown	3.91	1.42	+2.49
Martin ratio: Return relative to average drawdown	13.74	4.04	+9.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DXRLX vs. BMPIX - Sharpe Ratio Comparison

The current DXRLX Sharpe Ratio is 2.26, which is higher than the BMPIX Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of DXRLX and BMPIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DXRLX	BMPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.26	1.04	+1.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	0.14	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.26	0.32	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.17	-0.12

Drawdowns

DXRLX vs. BMPIX - Drawdown Comparison

The maximum DXRLX drawdown since its inception was -94.32%, which is greater than BMPIX's maximum drawdown of -84.22%. Use the drawdown chart below to compare losses from any high point for DXRLX and BMPIX.

Drawdown Indicators

	DXRLX	BMPIX	Difference
Max Drawdown Largest peak-to-trough decline	-94.32%	-84.22%	-10.10%
Max Drawdown (1Y) Largest decline over 1 year	-19.38%	-18.38%	-1.00%
Max Drawdown (3Y) Largest decline over 3 years	-45.58%	-34.54%	-11.04%
Max Drawdown (5Y) Largest decline over 5 years	-57.64%	-38.50%	-19.14%
Max Drawdown (10Y) Largest decline over 10 years	-77.63%	-61.41%	-16.22%
Current Drawdown Current decline from peak	-0.26%	-6.79%	+6.53%
Average Drawdown Average peak-to-trough decline	-34.61%	-24.12%	-10.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.50%	6.45%	-0.95%

Volatility

DXRLX vs. BMPIX - Volatility Comparison

Direxion Monthly Small Cap Bull 1.75X Fund (DXRLX) has a higher volatility of 9.70% compared to ProFunds Basic Materials UltraSector Fund (BMPIX) at 8.89%. This indicates that DXRLX's price experiences larger fluctuations and is considered to be riskier than BMPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DXRLX	BMPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.70%	8.89%	+0.81%
Volatility (6M) Calculated over the trailing 6-month period	23.73%	19.25%	+4.48%
Volatility (1Y) Calculated over the trailing 1-year period	33.42%	25.13%	+8.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.63%	29.56%	+12.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.20%	32.10%	+17.10%

DXRLX vs. BMPIX - Expense Ratio Comparison

DXRLX has a 1.35% expense ratio, which is lower than BMPIX's 1.89% expense ratio.

Dividends

DXRLX vs. BMPIX - Dividend Comparison

DXRLX's dividend yield for the trailing twelve months is around 1.59%, more than BMPIX's 1.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BMPIX ProFunds Basic Materials UltraSector Fund	1.52%	1.81%	0.94%	0.96%	0.00%	0.00%	0.28%	0.00%	0.00%	0.00%	0.16%
DXRLX Direxion Monthly Small Cap Bull 1.75X Fund	1.59%	1.23%	0.66%	0.00%	2.27%	0.84%	0.71%	3.76%	7.60%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DXRLX and BMPIX in my portfolio?

DXRLX and BMPIX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DXRLX or BMPIX?

DXRLX has higher volatility (9.70%) compared to BMPIX (8.89%). In terms of maximum drawdown, DXRLX dropped -94.32% vs BMPIX's -84.22%.

Which has better risk-adjusted returns?

DXRLX currently has the higher Sharpe Ratio (2.26 vs 1.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.