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PGTYX vs. DXQLX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PGTYX vs. DXQLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Putnam Global Technology Fund (PGTYX) and Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX). The values are adjusted to include any dividend payments, if applicable.

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PGTYX vs. DXQLX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PGTYX
Putnam Global Technology Fund
-3.79%23.31%27.88%53.82%-32.30%11.72%70.92%47.50%-6.72%47.05%
DXQLX
Direxion Monthly NASDAQ-100 Bull 1.75X Fund
-11.33%29.99%39.26%97.59%-57.72%55.98%100.94%79.36%-81.54%743.06%

Returns By Period

In the year-to-date period, PGTYX achieves a -3.79% return, which is significantly higher than DXQLX's -11.33% return. Over the past 10 years, PGTYX has underperformed DXQLX with an annualized return of 21.36%, while DXQLX has yielded a comparatively higher 29.62% annualized return.


PGTYX

1D
4.59%
1M
-4.99%
YTD
-3.79%
6M
-4.08%
1Y
35.25%
3Y*
23.60%
5Y*
10.79%
10Y*
21.36%

DXQLX

1D
6.38%
1M
-9.02%
YTD
-11.33%
6M
-9.50%
1Y
34.39%
3Y*
32.72%
5Y*
14.44%
10Y*
29.62%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PGTYX vs. DXQLX - Expense Ratio Comparison

PGTYX has a 0.62% expense ratio, which is lower than DXQLX's 1.39% expense ratio.


Return for Risk

PGTYX vs. DXQLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PGTYX
PGTYX Risk / Return Rank: 7777
Overall Rank
PGTYX Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
PGTYX Sortino Ratio Rank: 7474
Sortino Ratio Rank
PGTYX Omega Ratio Rank: 6969
Omega Ratio Rank
PGTYX Calmar Ratio Rank: 8989
Calmar Ratio Rank
PGTYX Martin Ratio Rank: 7979
Martin Ratio Rank

DXQLX
DXQLX Risk / Return Rank: 5555
Overall Rank
DXQLX Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
DXQLX Sortino Ratio Rank: 5656
Sortino Ratio Rank
DXQLX Omega Ratio Rank: 5050
Omega Ratio Rank
DXQLX Calmar Ratio Rank: 6868
Calmar Ratio Rank
DXQLX Martin Ratio Rank: 5858
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PGTYX vs. DXQLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Putnam Global Technology Fund (PGTYX) and Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX). 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.


PGTYXDXQLXDifference

Sharpe ratio

Return per unit of total volatility

1.31

0.90

+0.41

Sortino ratio

Return per unit of downside risk

1.90

1.56

+0.33

Omega ratio

Gain probability vs. loss probability

1.27

1.21

+0.05

Calmar ratio

Return relative to maximum drawdown

2.50

1.64

+0.85

Martin ratio

Return relative to average drawdown

7.91

5.76

+2.16

PGTYX vs. DXQLX - Sharpe Ratio Comparison

The current PGTYX Sharpe Ratio is 1.31, which is higher than the DXQLX Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of PGTYX and DXQLX, 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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Sharpe Ratios by Period


PGTYXDXQLXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.31

0.90

+0.41

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.44

0.34

+0.10

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.90

0.09

+0.80

Sharpe Ratio (All Time)

Calculated using the full available price history

0.85

0.01

+0.84

Correlation

The correlation between PGTYX and DXQLX is 0.91, 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.


Dividends

PGTYX vs. DXQLX - Dividend Comparison

PGTYX's dividend yield for the trailing twelve months is around 11.26%, less than DXQLX's 16.69% yield.


TTM20252024202320222021202020192018201720162015
PGTYX
Putnam Global Technology Fund
11.26%10.83%6.40%0.57%1.71%21.15%13.60%2.63%9.44%6.75%1.01%4.56%
DXQLX
Direxion Monthly NASDAQ-100 Bull 1.75X Fund
16.69%14.50%0.33%0.00%0.00%11.75%10.90%3.37%7.37%5.72%0.00%0.00%

Drawdowns

PGTYX vs. DXQLX - Drawdown Comparison

The maximum PGTYX drawdown since its inception was -42.09%, smaller than the maximum DXQLX drawdown of -97.24%. Use the drawdown chart below to compare losses from any high point for PGTYX and DXQLX.


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Drawdown Indicators


PGTYXDXQLXDifference

Max Drawdown

Largest peak-to-trough decline

-42.09%

-97.24%

+55.15%

Max Drawdown (1Y)

Largest decline over 1 year

-14.51%

-22.05%

+7.54%

Max Drawdown (5Y)

Largest decline over 5 years

-42.09%

-60.79%

+18.70%

Max Drawdown (10Y)

Largest decline over 10 years

-42.09%

-87.23%

+45.14%

Current Drawdown

Current decline from peak

-9.61%

-16.89%

+7.28%

Average Drawdown

Average peak-to-trough decline

-6.66%

-66.35%

+59.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.58%

6.29%

-1.71%

Volatility

PGTYX vs. DXQLX - Volatility Comparison

The current volatility for Putnam Global Technology Fund (PGTYX) is 9.40%, while Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) has a volatility of 11.85%. This indicates that PGTYX experiences smaller price fluctuations and is considered to be less risky than DXQLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PGTYXDXQLXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.40%

11.85%

-2.45%

Volatility (6M)

Calculated over the trailing 6-month period

17.20%

22.83%

-5.63%

Volatility (1Y)

Calculated over the trailing 1-year period

28.33%

40.60%

-12.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.75%

42.31%

-17.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.91%

316.45%

-292.54%