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:
-0.17
DXQLX:
-0.02
DXSLX:
0.00
DXQLX:
0.29
DXSLX:
1.00
DXQLX:
1.04
DXSLX:
-0.16
DXQLX:
-0.03
DXSLX:
-0.56
DXQLX:
-0.09
DXSLX:
10.76%
DXQLX:
10.92%
DXSLX:
35.63%
DXQLX:
45.08%
DXSLX:
-89.55%
DXQLX:
-95.28%
DXSLX:
-30.24%
DXQLX:
-29.96%
Returns By Period
In the year-to-date period, DXSLX achieves a -18.55% return, which is significantly higher than DXQLX's -23.51% return. Over the past 10 years, DXSLX has underperformed DXQLX with an annualized return of 11.32%, while DXQLX has yielded a comparatively higher 19.54% annualized return.
DXSLX
-18.55%
-12.14%
-25.98%
-3.07%
17.61%
11.32%
DXQLX
-23.51%
-13.07%
-19.71%
6.40%
18.23%
19.54%
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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 2.25%, more than DXQLX's 1.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
DXSLX Direxion Monthly S&P 500 Bull 1.75X Fund | 2.25% | 0.52% | 0.00% | 0.00% | 0.00% | 0.69% | 0.00% | 0.01% |
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | 1.25% | 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 25.01%, while Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) has a volatility of 29.59%. 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.