Correlation
The correlation between DXSLX and SPY is 0.99, 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.
DXSLX vs. SPY
Compare and contrast key facts about Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) and SPDR S&P 500 ETF (SPY).
DXSLX is a passively managed fund by Direxion that tracks the performance of the . It was launched on May 1, 2006. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DXSLX or SPY.
Performance
DXSLX vs. SPY - Performance Comparison
Loading data...
Key characteristics
DXSLX:
0.47
SPY:
0.70
DXSLX:
0.86
SPY:
1.02
DXSLX:
1.12
SPY:
1.15
DXSLX:
0.48
SPY:
0.68
DXSLX:
1.75
SPY:
2.57
DXSLX:
8.78%
SPY:
4.93%
DXSLX:
35.80%
SPY:
20.42%
DXSLX:
-89.91%
SPY:
-55.19%
DXSLX:
-7.85%
SPY:
-3.55%
Returns By Period
In the year-to-date period, DXSLX achieves a -1.11% return, which is significantly lower than SPY's 0.87% return. Over the past 10 years, DXSLX has outperformed SPY with an annualized return of 18.29%, while SPY has yielded a comparatively lower 12.73% annualized return.
DXSLX
-1.11%
10.81%
-4.90%
16.76%
16.73%
23.24%
18.29%
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
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. SPY - Expense Ratio Comparison
DXSLX has a 1.35% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
DXSLX vs. SPY — Risk-Adjusted Performance Rank
DXSLX
SPY
DXSLX vs. SPY - 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 SPDR S&P 500 ETF (SPY). 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.
Loading data...
Dividends
DXSLX vs. SPY - Dividend Comparison
DXSLX's dividend yield for the trailing twelve months is around 12.20%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXSLX Direxion Monthly S&P 500 Bull 1.75X Fund | 12.20% | 10.57% | 0.00% | 0.00% | 7.89% | 2.42% | 4.40% | 7.21% | 6.99% | 0.00% | 5.14% | 4.06% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DXSLX vs. SPY - Drawdown Comparison
The maximum DXSLX drawdown since its inception was -89.91%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DXSLX and SPY.
Loading data...
Volatility
DXSLX vs. SPY - Volatility Comparison
Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) has a higher volatility of 8.14% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that DXSLX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...