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:
-0.55
SPUU:
2.03
MKTX:
-0.57
SPUU:
2.56
MKTX:
0.92
SPUU:
1.35
MKTX:
-0.28
SPUU:
2.96
MKTX:
-0.84
SPUU:
12.38
MKTX:
22.14%
SPUU:
4.02%
MKTX:
33.77%
SPUU:
24.60%
MKTX:
-80.60%
SPUU:
-59.35%
MKTX:
-59.59%
SPUU:
-4.29%
Returns By Period
In the year-to-date period, MKTX achieves a -20.65% return, which is significantly lower than SPUU's 48.42% return. Over the past 10 years, MKTX has underperformed SPUU with an annualized return of 13.06%, while SPUU has yielded a comparatively higher 20.22% annualized return.
MKTX
-20.65%
-11.86%
17.60%
-19.36%
-8.53%
13.06%
SPUU
48.42%
-0.44%
16.40%
49.30%
21.49%
20.22%
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Risk-Adjusted Performance
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 1.29%, more than SPUU's 0.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKTX MarketAxess Holdings Inc. | 1.29% | 0.98% | 1.00% | 0.64% | 0.42% | 0.54% | 0.80% | 0.65% | 0.71% | 0.72% | 0.89% | 0.78% |
SPUU Direxion Daily S&P 500 Bull 2x Shares | 0.54% | 0.83% | 0.88% | 3.04% | 8.03% | 1.80% | 5.50% | 6.96% | 8.08% | 1.26% | 0.00% | 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) and Direxion Daily S&P 500 Bull 2x Shares (SPUU) have volatilities of 7.24% and 7.47%, 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.