DXSLX vs. DXQLX
Compare and contrast key facts about Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) and Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX).
DXSLX is a passively managed fund by Direxion that tracks the performance of the . It was launched on May 1, 2006. DXQLX is a passively managed fund by Direxion that tracks the performance of the . It was launched on May 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DXSLX or DXQLX.
Correlation
The correlation between DXSLX and DXQLX 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
DXSLX vs. DXQLX - Performance Comparison
Key characteristics
DXSLX:
1.29
DXQLX:
1.42
DXSLX:
1.67
DXQLX:
1.91
DXSLX:
1.25
DXQLX:
1.25
DXSLX:
1.88
DXQLX:
1.67
DXSLX:
5.94
DXQLX:
6.52
DXSLX:
5.29%
DXQLX:
7.00%
DXSLX:
24.37%
DXQLX:
32.18%
DXSLX:
-89.55%
DXQLX:
-95.28%
DXSLX:
-11.64%
DXQLX:
-5.43%
Returns By Period
The year-to-date returns for both investments are quite close, with DXSLX having a 3.16% return and DXQLX slightly higher at 3.28%. Over the past 10 years, DXSLX has underperformed DXQLX with an annualized return of 14.92%, while DXQLX has yielded a comparatively higher 24.77% annualized return.
DXSLX
3.16%
3.33%
3.61%
29.44%
14.58%
14.92%
DXQLX
3.28%
1.47%
14.76%
42.02%
22.43%
24.77%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DXSLX vs. DXQLX - Expense Ratio Comparison
DXSLX has a 1.35% expense ratio, which is lower than DXQLX's 1.39% expense ratio.
Risk-Adjusted Performance
DXSLX vs. DXQLX — Risk-Adjusted Performance Rank
DXSLX
DXQLX
DXSLX vs. DXQLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) and Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX). 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
DXSLX vs. DXQLX - Dividend Comparison
DXSLX's dividend yield for the trailing twelve months is around 1.77%, more than DXQLX's 0.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
DXSLX Direxion Monthly S&P 500 Bull 1.75X Fund | 1.77% | 0.52% | 0.00% | 0.00% | 0.00% | 0.69% | 0.00% | 0.01% |
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | 0.92% | 0.33% | 0.00% | 0.00% | 0.00% | 0.28% | 0.00% | 0.00% |
Drawdowns
DXSLX vs. DXQLX - Drawdown Comparison
The maximum DXSLX drawdown since its inception was -89.55%, smaller than the maximum DXQLX drawdown of -95.28%. Use the drawdown chart below to compare losses from any high point for DXSLX and DXQLX. For additional features, visit the drawdowns tool.
Volatility
DXSLX vs. DXQLX - Volatility Comparison
The current volatility for Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) is 8.89%, while Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) has a volatility of 11.12%. This indicates that DXSLX experiences smaller price fluctuations and is considered to be less risky than DXQLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.