DXSLX vs. UPRO
Compare and contrast key facts about Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) and ProShares UltraPro S&P 500 (UPRO).
DXSLX is a passively managed fund by Direxion that tracks the performance of the . It was launched on May 1, 2006. UPRO is a passively managed fund by ProShares that tracks the performance of the S&P 500 Index (300%). It was launched on Jun 23, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DXSLX or UPRO.
Correlation
The correlation between DXSLX and UPRO 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. UPRO - Performance Comparison
Key characteristics
DXSLX:
1.12
UPRO:
1.76
DXSLX:
1.48
UPRO:
2.20
DXSLX:
1.22
UPRO:
1.30
DXSLX:
1.38
UPRO:
2.04
DXSLX:
6.92
UPRO:
10.75
DXSLX:
3.85%
UPRO:
6.12%
DXSLX:
23.89%
UPRO:
37.42%
DXSLX:
-89.55%
UPRO:
-76.82%
DXSLX:
-14.49%
UPRO:
-10.80%
Returns By Period
In the year-to-date period, DXSLX achieves a 25.47% return, which is significantly lower than UPRO's 63.29% return. Over the past 10 years, DXSLX has underperformed UPRO with an annualized return of 14.02%, while UPRO has yielded a comparatively higher 23.54% annualized return.
DXSLX
25.47%
-9.75%
0.48%
25.41%
15.32%
14.02%
UPRO
63.29%
-2.17%
13.75%
62.97%
21.28%
23.54%
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DXSLX vs. UPRO - Expense Ratio Comparison
DXSLX has a 1.35% expense ratio, which is higher than UPRO's 0.92% expense ratio.
Risk-Adjusted Performance
DXSLX vs. UPRO - 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 S&P 500 (UPRO). 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.
Dividends
DXSLX vs. UPRO - Dividend Comparison
DXSLX's dividend yield for the trailing twelve months is around 0.52%, less than UPRO's 0.77% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXSLX Direxion Monthly S&P 500 Bull 1.75X Fund | 0.52% | 0.00% | 0.00% | 0.00% | 0.69% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UPRO ProShares UltraPro S&P 500 | 0.64% | 0.74% | 0.52% | 0.06% | 0.11% | 0.53% | 0.63% | 0.00% | 0.12% | 0.34% | 0.22% | 0.07% |
Drawdowns
DXSLX vs. UPRO - Drawdown Comparison
The maximum DXSLX drawdown since its inception was -89.55%, which is greater than UPRO's maximum drawdown of -76.82%. Use the drawdown chart below to compare losses from any high point for DXSLX and UPRO. For additional features, visit the drawdowns tool.
Volatility
DXSLX vs. UPRO - Volatility Comparison
Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) and ProShares UltraPro S&P 500 (UPRO) have volatilities of 11.54% and 11.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.