PSPCX vs. DXSLX

Last updated Jun 4, 2026

PSPCX (PIMCO StocksPLUS Fund Class C) and DXSLX (Direxion Monthly S&P 500 Bull 1.75X Fund) are both mutual funds - PSPCX is a S&P 500 fund actively managed by PIMCO, while DXSLX is a Leveraged Equities fund tracking the S&P 500 Index. PSPCX is actively managed, while DXSLX is passively managed. Over the past 10 years, PSPCX returned 14.35%/yr vs 27.39%/yr for DXSLX. With a 0.98 correlation, they move nearly in lockstep. PSPCX charges 1.69%/yr vs 1.35%/yr for DXSLX.

Performance

PSPCX vs. DXSLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO StocksPLUS Fund Class C (PSPCX) and Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSPCX achieves a 11.39% return, which is significantly lower than DXSLX's 17.64% return. Over the past 10 years, PSPCX has underperformed DXSLX with an annualized return of 14.35%, while DXSLX has yielded a comparatively higher 27.39% annualized return.

PSPCX

• 1D: 0.10%
• 1M: 5.77%
• YTD: 11.39%
• 6M: 2.98%
• 1Y: 18.68%
• 3Y*: 17.54%
• 5Y*: 9.99%
• 10Y*: 14.35%

DXSLX

• 1D: 0.22%
• 1M: 9.76%
• YTD: 17.64%
• 6M: 17.31%
• 1Y: 46.29%
• 3Y*: 33.41%
• 5Y*: 17.87%
• 10Y*: 27.39%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PSPCX vs. DXSLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSPCX PIMCO StocksPLUS Fund Class C	11.39%	7.00%	22.72%	24.17%	-21.92%	26.86%	17.29%	47.57%	-6.34%	21.34%
DXSLX Direxion Monthly S&P 500 Bull 1.75X Fund	17.64%	25.05%	37.66%	39.91%	-37.35%	59.07%	27.52%	61.52%	-14.82%	98.50%

Correlation

The correlation between PSPCX and DXSLX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (10Y) Calculated over the trailing 10-year period	0.99
Correlation (All Time) Calculated using the full available price history since May 4, 2006	0.98

The correlation between PSPCX and DXSLX has been stable across timeframes, ranging from 0.98 to 1.00 - a consistent structural relationship.

Return for Risk

PSPCX vs. DXSLX — Risk / Return Rank

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

PSPCX

PSPCX Risk / Return Rank: 18
PSPCX Sharpe Ratio Rank: 22
PSPCX Sortino Ratio Rank: 16
PSPCX Omega Ratio Rank: 28
PSPCX Calmar Ratio Rank: 14
PSPCX Martin Ratio Rank: 13

DXSLX

DXSLX Risk / Return Rank: 58
DXSLX Sharpe Ratio Rank: 62
DXSLX Sortino Ratio Rank: 50
DXSLX Omega Ratio Rank: 51
DXSLX Calmar Ratio Rank: 59
DXSLX Martin Ratio Rank: 69

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.

PSPCX vs. DXSLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO StocksPLUS Fund Class C (PSPCX) and Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX). 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.

	PSPCX	DXSLX	Difference
Sharpe ratio: Return per unit of total volatility	1.34	2.31	-0.97
Sortino ratio: Return per unit of downside risk	1.67	2.97	-1.31
Omega ratio: Gain probability vs. loss probability	1.28	1.40	-0.12
Calmar ratio: Return relative to maximum drawdown	1.25	2.94	-1.70
Martin ratio: Return relative to average drawdown	3.65	13.30	-9.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSPCX vs. DXSLX - Sharpe Ratio Comparison

The current PSPCX Sharpe Ratio is 1.34, which is lower than the DXSLX Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of PSPCX and DXSLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PSPCX	DXSLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	2.31	-0.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.57	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	0.71	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.48	-0.02

Drawdowns

PSPCX vs. DXSLX - Drawdown Comparison

The maximum PSPCX drawdown since its inception was -63.07%, smaller than the maximum DXSLX drawdown of -91.80%. Use the drawdown chart below to compare losses from any high point for PSPCX and DXSLX.

Drawdown Indicators

	PSPCX	DXSLX	Difference
Max Drawdown Largest peak-to-trough decline	-63.07%	-91.80%	+28.73%
Max Drawdown (1Y) Largest decline over 1 year	-15.74%	-16.30%	+0.56%
Max Drawdown (3Y) Largest decline over 3 years	-20.40%	-31.90%	+11.50%
Max Drawdown (5Y) Largest decline over 5 years	-27.83%	-44.67%	+16.84%
Max Drawdown (10Y) Largest decline over 10 years	-36.46%	-61.09%	+24.63%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-10.96%	-21.55%	+10.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.34%	3.60%	+1.74%

Volatility

PSPCX vs. DXSLX - Volatility Comparison

The current volatility for PIMCO StocksPLUS Fund Class C (PSPCX) is 2.74%, while Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) has a volatility of 4.83%. This indicates that PSPCX experiences smaller price fluctuations and is considered to be less risky than DXSLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSPCX	DXSLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.74%	4.83%	-2.09%
Volatility (6M) Calculated over the trailing 6-month period	12.51%	15.76%	-3.25%
Volatility (1Y) Calculated over the trailing 1-year period	14.61%	20.80%	-6.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.62%	31.30%	-13.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.91%	38.60%	-19.69%

PSPCX vs. DXSLX - Expense Ratio Comparison

PSPCX has a 1.69% expense ratio, which is higher than DXSLX's 1.35% expense ratio.

Dividends

PSPCX vs. DXSLX - Dividend Comparison

PSPCX's dividend yield for the trailing twelve months is around 16.23%, more than DXSLX's 6.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DXSLX Direxion Monthly S&P 500 Bull 1.75X Fund	6.48%	7.93%	10.57%	0.00%	0.00%	7.89%	2.42%	4.41%	7.21%	34.95%	0.00%	25.71%
PSPCX PIMCO StocksPLUS Fund Class C	16.23%	16.57%	14.61%	2.25%	11.36%	16.99%	4.05%	27.22%	23.19%	0.76%	0.40%	11.53%

Frequently Asked Questions

Can I hold both PSPCX and DXSLX in my portfolio?

With a correlation of 1.00, PSPCX and DXSLX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, PSPCX or DXSLX?

DXSLX has higher volatility (4.83%) compared to PSPCX (2.74%). In terms of maximum drawdown, PSPCX dropped -63.07% vs DXSLX's -91.80%.

Which has better risk-adjusted returns?

DXSLX currently has the higher Sharpe Ratio (2.31 vs 1.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.