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DXSLX vs. TQQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DXSLX and TQQQ is 0.90, 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. TQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) and ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

DXSLX:

0.02

TQQQ:

0.02

Sortino Ratio

DXSLX:

0.32

TQQQ:

0.56

Omega Ratio

DXSLX:

1.05

TQQQ:

1.08

Calmar Ratio

DXSLX:

0.05

TQQQ:

0.04

Martin Ratio

DXSLX:

0.14

TQQQ:

0.09

Ulcer Index

DXSLX:

12.31%

TQQQ:

21.82%

Daily Std Dev

DXSLX:

36.31%

TQQQ:

74.54%

Max Drawdown

DXSLX:

-89.55%

TQQQ:

-81.66%

Current Drawdown

DXSLX:

-21.17%

TQQQ:

-36.39%

Returns By Period

In the year-to-date period, DXSLX achieves a -7.97% return, which is significantly higher than TQQQ's -25.26% return. Over the past 10 years, DXSLX has underperformed TQQQ with an annualized return of 12.76%, while TQQQ has yielded a comparatively higher 29.89% annualized return.


DXSLX

YTD

-7.97%

1M

6.38%

6M

-19.23%

1Y

0.81%

5Y*

18.85%

10Y*

12.76%

TQQQ

YTD

-25.26%

1M

12.09%

6M

-28.29%

1Y

1.68%

5Y*

26.88%

10Y*

29.89%

*Annualized

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DXSLX vs. TQQQ - Expense Ratio Comparison

DXSLX has a 1.35% expense ratio, which is higher than TQQQ's 0.95% expense ratio.


Risk-Adjusted Performance

DXSLX vs. TQQQ — Risk-Adjusted Performance Rank

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

DXSLX
The Risk-Adjusted Performance Rank of DXSLX is 2727
Overall Rank
The Sharpe Ratio Rank of DXSLX is 2323
Sharpe Ratio Rank
The Sortino Ratio Rank of DXSLX is 3030
Sortino Ratio Rank
The Omega Ratio Rank of DXSLX is 3131
Omega Ratio Rank
The Calmar Ratio Rank of DXSLX is 2525
Calmar Ratio Rank
The Martin Ratio Rank of DXSLX is 2424
Martin Ratio Rank

TQQQ
The Risk-Adjusted Performance Rank of TQQQ is 2929
Overall Rank
The Sharpe Ratio Rank of TQQQ is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of TQQQ is 4242
Sortino Ratio Rank
The Omega Ratio Rank of TQQQ is 4141
Omega Ratio Rank
The Calmar Ratio Rank of TQQQ is 2121
Calmar Ratio Rank
The Martin Ratio Rank of TQQQ is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

DXSLX vs. TQQQ - 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 ProShares UltraPro QQQ (TQQQ). 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.


The current DXSLX Sharpe Ratio is 0.02, which is comparable to the TQQQ Sharpe Ratio of 0.02. The chart below compares the historical Sharpe Ratios of DXSLX and TQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

DXSLX vs. TQQQ - Dividend Comparison

DXSLX's dividend yield for the trailing twelve months is around 1.99%, more than TQQQ's 1.67% yield.


TTM20242023202220212020201920182017201620152014
DXSLX
Direxion Monthly S&P 500 Bull 1.75X Fund
1.99%0.52%0.00%0.00%0.00%0.69%0.00%0.01%0.00%0.00%0.00%0.00%
TQQQ
ProShares UltraPro QQQ
1.67%1.27%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%0.03%

Drawdowns

DXSLX vs. TQQQ - Drawdown Comparison

The maximum DXSLX drawdown since its inception was -89.55%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for DXSLX and TQQQ. For additional features, visit the drawdowns tool.


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Volatility

DXSLX vs. TQQQ - Volatility Comparison


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