RYTNX vs. DXSLX
Compare and contrast key facts about Rydex S&P 500 2x Strategy Fund (RYTNX) and Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX).
RYTNX is managed by Rydex Funds. It was launched on May 18, 2000. DXSLX 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 DXSLX.
Correlation
The correlation between RYTNX and DXSLX 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.
Performance
RYTNX vs. DXSLX - Performance Comparison
Key characteristics
RYTNX:
1.56
DXSLX:
1.23
RYTNX:
2.02
DXSLX:
1.61
RYTNX:
1.28
DXSLX:
1.24
RYTNX:
2.44
DXSLX:
1.89
RYTNX:
8.18
DXSLX:
5.59
RYTNX:
5.01%
DXSLX:
5.37%
RYTNX:
26.27%
DXSLX:
24.35%
RYTNX:
-89.80%
DXSLX:
-89.55%
RYTNX:
-5.58%
DXSLX:
-9.38%
Returns By Period
In the year-to-date period, RYTNX achieves a 6.61% return, which is significantly higher than DXSLX's 5.80% return. Over the past 10 years, RYTNX has outperformed DXSLX with an annualized return of 17.58%, while DXSLX has yielded a comparatively lower 14.89% annualized return.
RYTNX
6.61%
3.17%
15.85%
39.55%
17.92%
17.58%
DXSLX
5.80%
2.84%
8.98%
28.89%
15.66%
14.89%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RYTNX vs. DXSLX - Expense Ratio Comparison
RYTNX has a 1.82% expense ratio, which is higher than DXSLX's 1.35% expense ratio.
Risk-Adjusted Performance
RYTNX vs. DXSLX — Risk-Adjusted Performance Rank
RYTNX
DXSLX
RYTNX vs. DXSLX - 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 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.
Dividends
RYTNX vs. DXSLX - Dividend Comparison
RYTNX's dividend yield for the trailing twelve months is around 0.34%, less than DXSLX's 1.73% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
RYTNX Rydex S&P 500 2x Strategy Fund | 0.34% | 0.37% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DXSLX Direxion Monthly S&P 500 Bull 1.75X Fund | 1.73% | 0.52% | 0.00% | 0.00% | 0.00% | 0.69% | 0.00% | 0.01% |
Drawdowns
RYTNX vs. DXSLX - Drawdown Comparison
The maximum RYTNX drawdown since its inception was -89.80%, roughly equal to the maximum DXSLX drawdown of -89.55%. Use the drawdown chart below to compare losses from any high point for RYTNX and DXSLX. For additional features, visit the drawdowns tool.
Volatility
RYTNX vs. DXSLX - Volatility Comparison
Rydex S&P 500 2x Strategy Fund (RYTNX) has a higher volatility of 8.06% compared to Direxion Monthly S&P 500 Bull 1.75X Fund (DXSLX) at 7.15%. This indicates that RYTNX'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.