RMQAX vs. DXQLX
Compare and contrast key facts about Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) and Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX).
RMQAX is managed by Rydex Funds. It was launched on Nov 27, 2014. DXQLX is a passively managed fund by Direxion that tracks the performance of the . It was launched on May 1, 2006.
Performance
RMQAX vs. DXQLX - Performance Comparison
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RMQAX vs. DXQLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | -19.02% | 33.92% | 44.76% | 115.91% | -59.93% | 56.36% | 101.06% | 80.80% | -7.28% | 69.80% |
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | -16.65% | 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, RMQAX achieves a -19.02% return, which is significantly lower than DXQLX's -16.65% return. Both investments have delivered pretty close results over the past 10 years, with RMQAX having a 30.14% annualized return and DXQLX not far behind at 28.82%.
RMQAX
- 1D
- -1.68%
- 1M
- -16.37%
- YTD
- -19.02%
- 6M
- -16.53%
- 1Y
- 31.63%
- 3Y*
- 33.85%
- 5Y*
- 15.55%
- 10Y*
- 30.14%
DXQLX
- 1D
- -1.45%
- 1M
- -14.31%
- YTD
- -16.65%
- 6M
- -14.21%
- 1Y
- 28.10%
- 3Y*
- 30.01%
- 5Y*
- 13.83%
- 10Y*
- 28.82%
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RMQAX vs. DXQLX - Expense Ratio Comparison
RMQAX has a 1.32% expense ratio, which is lower than DXQLX's 1.39% expense ratio.
Return for Risk
RMQAX vs. DXQLX — Risk / Return Rank
RMQAX
DXQLX
RMQAX vs. DXQLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) 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.
| RMQAX | DXQLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.67 | 0.70 | -0.03 |
Sortino ratioReturn per unit of downside risk | 1.28 | 1.31 | -0.02 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.18 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 0.96 | 0.99 | -0.03 |
Martin ratioReturn relative to average drawdown | 3.36 | 3.53 | -0.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RMQAX | DXQLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | 0.70 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.33 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.09 | +0.56 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.01 | +0.61 |
Correlation
The correlation between RMQAX and DXQLX is 0.99, 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
RMQAX vs. DXQLX - Dividend Comparison
RMQAX's dividend yield for the trailing twelve months is around 44.79%, more than DXQLX's 17.75% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RMQAX Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund | 44.79% | 36.27% | 26.02% | 3.76% | 0.00% | 2.18% | 5.30% | 0.10% | 0.00% | 0.00% |
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | 17.75% | 14.50% | 0.33% | 0.00% | 0.00% | 11.75% | 10.90% | 3.37% | 7.37% | 5.72% |
Drawdowns
RMQAX vs. DXQLX - Drawdown Comparison
The maximum RMQAX drawdown since its inception was -63.18%, smaller than the maximum DXQLX drawdown of -97.24%. Use the drawdown chart below to compare losses from any high point for RMQAX and DXQLX.
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Drawdown Indicators
| RMQAX | DXQLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.18% | -97.24% | +34.06% |
Max Drawdown (1Y)Largest decline over 1 year | -25.11% | -22.05% | -3.06% |
Max Drawdown (5Y)Largest decline over 5 years | -63.18% | -60.79% | -2.39% |
Max Drawdown (10Y)Largest decline over 10 years | -63.18% | -87.23% | +24.05% |
Current DrawdownCurrent decline from peak | -24.96% | -21.88% | -3.08% |
Average DrawdownAverage peak-to-trough decline | -13.05% | -66.36% | +53.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.20% | 6.20% | +1.00% |
Volatility
RMQAX vs. DXQLX - Volatility Comparison
Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQAX) has a higher volatility of 11.12% compared to Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) at 9.63%. This indicates that RMQAX's price experiences larger fluctuations and is considered to be riskier 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
| RMQAX | DXQLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.12% | 9.63% | +1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 25.22% | 21.96% | +3.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.33% | 40.19% | +7.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.16% | 42.24% | +3.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.29% | 316.44% | -270.15% |