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:
1.15
DXQLX:
1.11
RYTNX:
1.58
DXQLX:
1.57
RYTNX:
1.21
DXQLX:
1.21
RYTNX:
1.80
DXQLX:
1.31
RYTNX:
5.65
DXQLX:
5.08
RYTNX:
5.35%
DXQLX:
7.08%
RYTNX:
26.35%
DXQLX:
32.40%
RYTNX:
-89.80%
DXQLX:
-95.28%
RYTNX:
-8.26%
DXQLX:
-4.52%
Returns By Period
In the year-to-date period, RYTNX achieves a 3.59% return, which is significantly lower than DXQLX's 4.28% return. Over the past 10 years, RYTNX has underperformed DXQLX with an annualized return of 16.52%, while DXQLX has yielded a comparatively higher 23.39% annualized return.
RYTNX
3.59%
-3.85%
5.29%
24.67%
18.29%
16.52%
DXQLX
4.28%
-2.56%
14.48%
31.06%
23.19%
23.39%
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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 0.35%, less than DXQLX's 0.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
RYTNX Rydex S&P 500 2x Strategy Fund | 0.35% | 0.37% | 0.14% | 0.00% | 0.00% | 0.00% |
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | 0.92% | 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
The current volatility for Rydex S&P 500 2x Strategy Fund (RYTNX) is 6.87%, while Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) has a volatility of 8.84%. This indicates that RYTNX 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.