RYTNX vs. DXQLX
Compare and contrast key facts about Rydex S&P 500 2x Strategy Fund (RYTNX) and Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX).
RYTNX is managed by Rydex Funds. It was launched on May 18, 2000. DXQLX is a passively managed fund by Direxion that tracks the performance of the . It was launched on May 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYTNX or DXQLX.
Correlation
The correlation between RYTNX and DXQLX is 0.89, 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.
Performance
RYTNX vs. DXQLX - Performance Comparison
Key characteristics
RYTNX:
1.27
DXQLX:
1.14
RYTNX:
1.71
DXQLX:
1.61
RYTNX:
1.24
DXQLX:
1.21
RYTNX:
1.97
DXQLX:
1.28
RYTNX:
6.77
DXQLX:
5.23
RYTNX:
4.90%
DXQLX:
6.96%
RYTNX:
26.12%
DXQLX:
31.88%
RYTNX:
-89.80%
DXQLX:
-95.28%
RYTNX:
-12.83%
DXQLX:
-10.56%
Returns By Period
In the year-to-date period, RYTNX achieves a -1.57% return, which is significantly higher than DXQLX's -2.32% return. Over the past 10 years, RYTNX has underperformed DXQLX with an annualized return of 17.01%, while DXQLX has yielded a comparatively higher 24.27% annualized return.
RYTNX
-1.57%
-7.39%
-2.15%
33.01%
15.73%
17.01%
DXQLX
-2.32%
-8.36%
0.53%
36.30%
21.34%
24.27%
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RYTNX vs. DXQLX - Expense Ratio Comparison
RYTNX has a 1.82% expense ratio, which is higher than DXQLX's 1.39% expense ratio.
Risk-Adjusted Performance
RYTNX vs. DXQLX — Risk-Adjusted Performance Rank
RYTNX
DXQLX
RYTNX vs. DXQLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex S&P 500 2x Strategy Fund (RYTNX) 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.
Dividends
RYTNX vs. DXQLX - Dividend Comparison
RYTNX's dividend yield for the trailing twelve months is around 0.37%, less than DXQLX's 0.98% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
RYTNX Rydex S&P 500 2x Strategy Fund | 0.37% | 0.37% | 0.14% | 0.00% | 0.00% | 0.00% |
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | 0.98% | 0.33% | 0.00% | 0.00% | 0.00% | 0.28% |
Drawdowns
RYTNX vs. DXQLX - Drawdown Comparison
The maximum RYTNX drawdown since its inception was -89.80%, smaller than the maximum DXQLX drawdown of -95.28%. Use the drawdown chart below to compare losses from any high point for RYTNX and DXQLX. For additional features, visit the drawdowns tool.
Volatility
RYTNX vs. DXQLX - Volatility Comparison
Rydex S&P 500 2x Strategy Fund (RYTNX) and Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) have volatilities of 10.65% and 10.21%, 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.