RMQHX vs. DXSLX

Last updated Apr 2, 2026

Compare and contrast key facts about Rydex Monthly Rebalance NASDAQ-100 2x Strategy H (RMQHX) and Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX).

RMQHX is a passively managed fund by Guggenheim that tracks the performance of the NASDAQ-100. It was launched on Nov 28, 2014. DXSLX is a passively managed fund by Direxion that tracks the performance of the S&P 500 Index. It was launched on May 1, 2006. Both RMQHX and DXSLX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

RMQHX vs. DXSLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rydex Monthly Rebalance NASDAQ-100 2x Strategy H (RMQHX) and Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX). The values are adjusted to include any dividend payments, if applicable.

RMQHX vs. DXSLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RMQHX Rydex Monthly Rebalance NASDAQ-100 2x Strategy H	-12.99%	33.90%	44.74%	115.89%	-59.96%	56.33%	101.06%	80.70%	-7.28%	69.79%
DXSLX Direxion Monthly S&P 500 Bull 1.75X Fund	-8.90%	25.05%	37.66%	39.91%	-37.35%	59.07%	27.52%	61.52%	-14.82%	98.50%

Returns By Period

In the year-to-date period, RMQHX achieves a -12.99% return, which is significantly lower than DXSLX's -8.90% return. Over the past 10 years, RMQHX has outperformed DXSLX with an annualized return of 31.05%, while DXSLX has yielded a comparatively lower 24.53% annualized return.

RMQHX

• 1D: 7.46%
• 1M: -10.36%
• YTD: -12.99%
• 6M: -11.17%
• 1Y: 39.17%
• 3Y*: 37.08%
• 5Y*: 16.36%
• 10Y*: 31.05%

DXSLX

• 1D: 5.41%
• 1M: -9.20%
• YTD: -8.90%
• 6M: -6.42%
• 1Y: 24.35%
• 3Y*: 25.29%
• 5Y*: 13.86%
• 10Y*: 24.53%

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

RMQHX vs. DXSLX - Expense Ratio Comparison

RMQHX has a 1.27% expense ratio, which is lower than DXSLX's 1.35% expense ratio.

DXSLX

Direxion Monthly S&P 500 Bull 1.75X Fund

RMQHX

Rydex Monthly Rebalance NASDAQ-100 2x Strategy H

Return for Risk

RMQHX vs. DXSLX — Risk / Return Rank

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

RMQHX

RMQHX Risk / Return Rank: 46
RMQHX Sharpe Ratio Rank: 34
RMQHX Sortino Ratio Rank: 47
RMQHX Omega Ratio Rank: 44
RMQHX Calmar Ratio Rank: 57
RMQHX Martin Ratio Rank: 46

DXSLX

DXSLX Risk / Return Rank: 44
DXSLX Sharpe Ratio Rank: 31
DXSLX Sortino Ratio Rank: 42
DXSLX Omega Ratio Rank: 42
DXSLX Calmar Ratio Rank: 48
DXSLX Martin Ratio Rank: 59

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.

RMQHX vs. DXSLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rydex Monthly Rebalance NASDAQ-100 2x Strategy H (RMQHX) 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.

	RMQHX	DXSLX	Difference
Sharpe ratio Return per unit of total volatility	0.87	0.77	+0.10
Sortino ratio Return per unit of downside risk	1.54	1.35	+0.19
Omega ratio Gain probability vs. loss probability	1.22	1.19	+0.02
Calmar ratio Return relative to maximum drawdown	1.64	1.25	+0.39
Martin ratio Return relative to average drawdown	5.65	5.87	-0.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RMQHX vs. DXSLX - Sharpe Ratio Comparison

The current RMQHX Sharpe Ratio is 0.87, which is comparable to the DXSLX Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of RMQHX and DXSLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RMQHX	DXSLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.87	0.77	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.44	-0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.64	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.45	+0.20

Correlation

The correlation between RMQHX and DXSLX 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

RMQHX vs. DXSLX - Dividend Comparison

RMQHX's dividend yield for the trailing twelve months is around 39.96%, more than DXSLX's 8.37% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RMQHX Rydex Monthly Rebalance NASDAQ-100 2x Strategy H	39.96%	34.77%	25.22%	3.66%	0.00%	2.13%	5.17%	0.10%	0.00%	0.00%	0.00%	0.00%
DXSLX Direxion Monthly S&P 500 Bull 1.75X Fund	8.37%	7.93%	10.57%	0.00%	0.00%	7.89%	2.42%	4.41%	7.21%	34.95%	0.00%	25.71%

Drawdowns

RMQHX vs. DXSLX - Drawdown Comparison

The maximum RMQHX drawdown since its inception was -63.21%, smaller than the maximum DXSLX drawdown of -91.80%. Use the drawdown chart below to compare losses from any high point for RMQHX and DXSLX.

Drawdown Indicators

	RMQHX	DXSLX	Difference
Max Drawdown Largest peak-to-trough decline	-63.21%	-91.80%	+28.59%
Max Drawdown (1Y) Largest decline over 1 year	-25.11%	-21.12%	-3.99%
Max Drawdown (5Y) Largest decline over 5 years	-63.21%	-44.67%	-18.54%
Max Drawdown (10Y) Largest decline over 10 years	-63.21%	-61.09%	-2.12%
Current Drawdown Current decline from peak	-19.37%	-11.78%	-7.59%
Average Drawdown Average peak-to-trough decline	-13.01%	-21.72%	+8.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.31%	4.51%	+2.80%

Volatility

RMQHX vs. DXSLX - Volatility Comparison

Rydex Monthly Rebalance NASDAQ-100 2x Strategy H (RMQHX) has a higher volatility of 13.71% compared to Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) at 9.70%. This indicates that RMQHX's price experiences larger fluctuations and is considered to be riskier than DXSLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RMQHX	DXSLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.71%	9.70%	+4.01%
Volatility (6M) Calculated over the trailing 6-month period	26.24%	16.90%	+9.34%
Volatility (1Y) Calculated over the trailing 1-year period	47.80%	32.63%	+15.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.30%	31.40%	+14.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.36%	38.60%	+7.76%