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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:

0.50

ULPIX:

0.38

Sortino Ratio

DXSLX:

0.85

ULPIX:

0.74

Omega Ratio

DXSLX:

1.12

ULPIX:

1.11

Calmar Ratio

DXSLX:

0.48

ULPIX:

0.39

Martin Ratio

DXSLX:

1.73

ULPIX:

1.32

Ulcer Index

DXSLX:

8.79%

ULPIX:

10.37%

Daily Std Dev

DXSLX:

35.77%

ULPIX:

40.32%

Max Drawdown

DXSLX:

-89.91%

ULPIX:

-89.35%

Current Drawdown

DXSLX:

-7.92%

ULPIX:

-10.92%

Returns By Period

In the year-to-date period, DXSLX achieves a -1.19% return, which is significantly higher than ULPIX's -3.60% return. Both investments have delivered pretty close results over the past 10 years, with DXSLX having a 18.30% annualized return and ULPIX not far behind at 17.63%.


DXSLX

YTD

-1.19%

1M

10.43%

6M

-5.84%

1Y

17.90%

3Y*

17.17%

5Y*

23.22%

10Y*

18.30%

ULPIX

YTD

-3.60%

1M

12.19%

6M

-7.93%

1Y

16.81%

3Y*

17.67%

5Y*

23.60%

10Y*

17.63%

*Annualized

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ProFunds UltraBull Fund

DXSLX vs. ULPIX - Expense Ratio Comparison

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


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

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 4141
Overall Rank
The Sharpe Ratio Rank of DXSLX is 3434
Sharpe Ratio Rank
The Sortino Ratio Rank of DXSLX is 4242
Sortino Ratio Rank
The Omega Ratio Rank of DXSLX is 4343
Omega Ratio Rank
The Calmar Ratio Rank of DXSLX is 4444
Calmar Ratio Rank
The Martin Ratio Rank of DXSLX is 4040
Martin Ratio Rank

ULPIX
The Risk-Adjusted Performance Rank of ULPIX is 3434
Overall Rank
The Sharpe Ratio Rank of ULPIX is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of ULPIX is 3636
Sortino Ratio Rank
The Omega Ratio Rank of ULPIX is 3838
Omega Ratio Rank
The Calmar Ratio Rank of ULPIX is 3636
Calmar Ratio Rank
The Martin Ratio Rank of ULPIX is 3333
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 0.50, which is higher than the ULPIX Sharpe Ratio of 0.38. 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

DXSLX vs. ULPIX - Dividend Comparison

DXSLX's dividend yield for the trailing twelve months is around 12.21%, more than ULPIX's 3.17% yield.


TTM20242023202220212020201920182017201620152014
DXSLX
Direxion Monthly S&P 500 Bull 1.75X Fund
12.21%10.57%0.00%0.00%7.89%2.42%4.40%7.21%6.99%0.00%5.14%4.06%
ULPIX
ProFunds UltraBull Fund
3.17%3.06%0.02%10.36%5.62%12.74%0.42%0.58%0.00%0.00%0.00%0.00%

Drawdowns

DXSLX vs. ULPIX - Drawdown Comparison

The maximum DXSLX drawdown since its inception was -89.91%, roughly equal to the maximum ULPIX drawdown of -89.35%. Use the drawdown chart below to compare losses from any high point for DXSLX and ULPIX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

DXSLX vs. ULPIX - Volatility Comparison

The current volatility for Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) is 8.16%, while ProFunds UltraBull Fund (ULPIX) has a volatility of 9.57%. This indicates that DXSLX experiences smaller price fluctuations and is considered to be less risky than ULPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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