DXSLX vs. RMQAX
Compare and contrast key facts about Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX).
DXSLX is a passively managed fund by Direxion that tracks the performance of the S&P 500 Index. It was launched on May 1, 2006. RMQAX is managed by Rydex Funds. It was launched on Nov 27, 2014.
Performance
DXSLX vs. RMQAX - Performance Comparison
Loading graphics...
DXSLX vs. RMQAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DXSLX Direxion Monthly S&P 500 Bull 1.75X Fund | -13.57% | 25.05% | 37.66% | 39.91% | -37.35% | 59.07% | 27.52% | 61.52% | -14.82% | 98.50% |
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | -19.02% | 33.92% | 44.76% | 115.91% | -59.93% | 56.36% | 101.06% | 80.80% | -7.28% | 69.80% |
Returns By Period
In the year-to-date period, DXSLX achieves a -13.57% return, which is significantly higher than RMQAX's -19.02% return. Over the past 10 years, DXSLX has underperformed RMQAX with an annualized return of 23.88%, while RMQAX has yielded a comparatively higher 30.14% annualized return.
DXSLX
- 1D
- -0.71%
- 1M
- -13.82%
- YTD
- -13.57%
- 6M
- -10.69%
- 1Y
- 18.71%
- 3Y*
- 23.11%
- 5Y*
- 13.19%
- 10Y*
- 23.88%
RMQAX
- 1D
- -1.68%
- 1M
- -16.37%
- YTD
- -19.02%
- 6M
- -16.53%
- 1Y
- 31.63%
- 3Y*
- 33.85%
- 5Y*
- 15.55%
- 10Y*
- 30.14%
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. RMQAX - Expense Ratio Comparison
DXSLX has a 1.35% expense ratio, which is higher than RMQAX's 1.32% expense ratio.
Return for Risk
DXSLX vs. RMQAX — Risk / Return Rank
DXSLX
RMQAX
DXSLX vs. RMQAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) and Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX). 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.
| DXSLX | RMQAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.62 | 0.67 | -0.05 |
Sortino ratioReturn per unit of downside risk | 1.13 | 1.28 | -0.15 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.18 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.74 | 0.96 | -0.22 |
Martin ratioReturn relative to average drawdown | 3.51 | 3.36 | +0.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DXSLX | RMQAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 0.67 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.34 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.65 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.62 | -0.18 |
Correlation
The correlation between DXSLX and RMQAX is 0.91, 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.
Dividends
DXSLX vs. RMQAX - Dividend Comparison
DXSLX's dividend yield for the trailing twelve months is around 8.82%, less than RMQAX's 44.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXSLX Direxion Monthly S&P 500 Bull 1.75X Fund | 8.82% | 7.93% | 10.57% | 0.00% | 0.00% | 7.89% | 2.42% | 4.41% | 7.21% | 34.95% | 0.00% | 25.71% |
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 44.79% | 36.27% | 26.02% | 3.76% | 0.00% | 2.18% | 5.30% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DXSLX vs. RMQAX - Drawdown Comparison
The maximum DXSLX drawdown since its inception was -91.80%, which is greater than RMQAX's maximum drawdown of -63.18%. Use the drawdown chart below to compare losses from any high point for DXSLX and RMQAX.
Loading graphics...
Drawdown Indicators
| DXSLX | RMQAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.80% | -63.18% | -28.62% |
Max Drawdown (1Y)Largest decline over 1 year | -21.12% | -25.11% | +3.99% |
Max Drawdown (5Y)Largest decline over 5 years | -44.67% | -63.18% | +18.51% |
Max Drawdown (10Y)Largest decline over 10 years | -61.09% | -63.18% | +2.09% |
Current DrawdownCurrent decline from peak | -16.30% | -24.96% | +8.66% |
Average DrawdownAverage peak-to-trough decline | -21.72% | -13.05% | -8.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.45% | 7.20% | -2.75% |
Volatility
DXSLX vs. RMQAX - Volatility Comparison
The current volatility for Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) is 7.65%, while Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) has a volatility of 11.12%. This indicates that DXSLX experiences smaller price fluctuations and is considered to be less risky than RMQAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DXSLX | RMQAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.65% | 11.12% | -3.47% |
Volatility (6M)Calculated over the trailing 6-month period | 16.04% | 25.22% | -9.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.26% | 47.33% | -15.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.31% | 46.16% | -14.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.56% | 46.29% | -7.73% |