MKTX vs. SPUU
Compare and contrast key facts about MarketAxess Holdings Inc. (MKTX) and Direxion Daily S&P 500 Bull 2x Shares (SPUU).
SPUU is a passively managed fund by Direxion that tracks the performance of the S&P 500 Index (200%). It was launched on May 28, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MKTX or SPUU.
Correlation
The correlation between MKTX and SPUU is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MKTX vs. SPUU - Performance Comparison
Key characteristics
MKTX:
0.01
SPUU:
-0.35
MKTX:
0.24
SPUU:
-0.26
MKTX:
1.03
SPUU:
0.96
MKTX:
0.01
SPUU:
-0.34
MKTX:
0.02
SPUU:
-1.64
MKTX:
16.37%
SPUU:
6.73%
MKTX:
29.56%
SPUU:
31.49%
MKTX:
-80.60%
SPUU:
-59.35%
MKTX:
-62.35%
SPUU:
-32.81%
Returns By Period
In the year-to-date period, MKTX achieves a -5.43% return, which is significantly higher than SPUU's -27.22% return. Over the past 10 years, MKTX has underperformed SPUU with an annualized return of 10.29%, while SPUU has yielded a comparatively higher 16.01% annualized return.
MKTX
-5.43%
1.91%
-21.66%
-4.26%
-10.22%
10.29%
SPUU
-27.22%
-23.30%
-24.69%
-10.56%
24.72%
16.01%
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Risk-Adjusted Performance
MKTX vs. SPUU — Risk-Adjusted Performance Rank
MKTX
SPUU
MKTX vs. SPUU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MarketAxess Holdings Inc. (MKTX) and Direxion Daily S&P 500 Bull 2x Shares (SPUU). 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
MKTX vs. SPUU - Dividend Comparison
MKTX's dividend yield for the trailing twelve months is around 1.40%, more than SPUU's 0.84% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKTX MarketAxess Holdings Inc. | 1.40% | 1.31% | 0.98% | 1.00% | 0.64% | 0.42% | 0.54% | 0.80% | 0.65% | 0.71% | 0.72% | 0.89% |
SPUU Direxion Daily S&P 500 Bull 2x Shares | 0.84% | 0.55% | 0.83% | 0.88% | 3.04% | 8.03% | 1.80% | 5.50% | 6.96% | 8.08% | 1.26% | 0.00% |
Drawdowns
MKTX vs. SPUU - Drawdown Comparison
The maximum MKTX drawdown since its inception was -80.60%, which is greater than SPUU's maximum drawdown of -59.35%. Use the drawdown chart below to compare losses from any high point for MKTX and SPUU. For additional features, visit the drawdowns tool.
Volatility
MKTX vs. SPUU - Volatility Comparison
The current volatility for MarketAxess Holdings Inc. (MKTX) is 6.89%, while Direxion Daily S&P 500 Bull 2x Shares (SPUU) has a volatility of 18.83%. This indicates that MKTX experiences smaller price fluctuations and is considered to be less risky than SPUU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.