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

Correlation

The correlation between DXSLX and ULPIX 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.


Performance

DXSLX vs. ULPIX - 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 ProFunds UltraBull Fund (ULPIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

DXSLX:

0.02

ULPIX:

0.20

Sortino Ratio

DXSLX:

0.32

ULPIX:

0.59

Omega Ratio

DXSLX:

1.05

ULPIX:

1.09

Calmar Ratio

DXSLX:

0.05

ULPIX:

0.26

Martin Ratio

DXSLX:

0.14

ULPIX:

0.91

Ulcer Index

DXSLX:

12.31%

ULPIX:

10.04%

Daily Std Dev

DXSLX:

36.31%

ULPIX:

39.48%

Max Drawdown

DXSLX:

-89.55%

ULPIX:

-89.55%

Current Drawdown

DXSLX:

-21.17%

ULPIX:

-18.06%

Returns By Period

In the year-to-date period, DXSLX achieves a -7.97% return, which is significantly higher than ULPIX's -11.33% return. Over the past 10 years, DXSLX has underperformed ULPIX with an annualized return of 12.76%, while ULPIX has yielded a comparatively higher 16.81% annualized return.


DXSLX

YTD

-7.97%

1M

6.38%

6M

-19.23%

1Y

0.81%

5Y*

18.85%

10Y*

12.76%

ULPIX

YTD

-11.33%

1M

6.38%

6M

-15.45%

1Y

8.03%

5Y*

23.46%

10Y*

16.81%

*Annualized

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DXSLX vs. ULPIX - Expense Ratio Comparison

DXSLX has a 1.35% expense ratio, which is lower than ULPIX's 1.46% expense ratio.


Risk-Adjusted Performance

DXSLX vs. ULPIX — 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

ULPIX
The Risk-Adjusted Performance Rank of ULPIX is 4242
Overall Rank
The Sharpe Ratio Rank of ULPIX is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of ULPIX is 4444
Sortino Ratio Rank
The Omega Ratio Rank of ULPIX is 4646
Omega Ratio Rank
The Calmar Ratio Rank of ULPIX is 4444
Calmar Ratio Rank
The Martin Ratio Rank of ULPIX is 4040
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. ULPIX - 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 ProFunds UltraBull Fund (ULPIX). 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 lower than the ULPIX Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of DXSLX and ULPIX, 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. ULPIX - Dividend Comparison

DXSLX's dividend yield for the trailing twelve months is around 1.99%, less than ULPIX's 3.45% yield.


TTM2024202320222021202020192018
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%
ULPIX
ProFunds UltraBull Fund
3.45%3.06%0.02%10.36%5.62%12.74%0.42%0.13%

Drawdowns

DXSLX vs. ULPIX - Drawdown Comparison

The maximum DXSLX drawdown since its inception was -89.55%, roughly equal to the maximum ULPIX drawdown of -89.55%. Use the drawdown chart below to compare losses from any high point for DXSLX and ULPIX. For additional features, visit the drawdowns tool.


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Volatility

DXSLX vs. ULPIX - Volatility Comparison


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