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 0.38, 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:
-0.23
SPUU:
1.20
MKTX:
-0.13
SPUU:
1.65
MKTX:
0.98
SPUU:
1.22
MKTX:
-0.10
SPUU:
1.79
MKTX:
-0.49
SPUU:
6.92
MKTX:
13.41%
SPUU:
4.35%
MKTX:
29.45%
SPUU:
25.20%
MKTX:
-80.60%
SPUU:
-59.35%
MKTX:
-65.21%
SPUU:
-6.17%
Returns By Period
In the year-to-date period, MKTX achieves a -12.61% return, which is significantly lower than SPUU's 1.63% return. Over the past 10 years, MKTX has underperformed SPUU with an annualized return of 10.43%, while SPUU has yielded a comparatively higher 19.88% annualized return.
MKTX
-12.61%
-11.98%
-15.92%
-6.78%
-9.21%
10.43%
SPUU
1.63%
-5.05%
9.29%
30.87%
25.25%
19.88%
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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 1.51%, more than SPUU's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKTX MarketAxess Holdings Inc. | 1.51% | 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 | 0.54% | 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
MarketAxess Holdings Inc. (MKTX) has a higher volatility of 10.62% compared to Direxion Daily S&P 500 Bull 2x Shares (SPUU) at 6.89%. This indicates that MKTX's price experiences larger fluctuations and is considered to be riskier than SPUU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.