Correlation
The correlation between RYVYX 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.
RYVYX vs. DXQLX
Compare and contrast key facts about Rydex NASDAQ-100 2x Strategy Fund (RYVYX) and Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX).
RYVYX is managed by Rydex Funds. It was launched on May 23, 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: RYVYX or DXQLX.
Performance
RYVYX vs. DXQLX - Performance Comparison
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Key characteristics
RYVYX:
0.34
DXQLX:
0.44
RYVYX:
0.72
DXQLX:
0.84
RYVYX:
1.10
DXQLX:
1.12
RYVYX:
0.31
DXQLX:
0.44
RYVYX:
0.87
DXQLX:
1.35
RYVYX:
14.92%
DXQLX:
12.38%
RYVYX:
51.21%
DXQLX:
46.26%
RYVYX:
-98.40%
DXQLX:
-95.03%
RYVYX:
-12.95%
DXQLX:
-8.69%
Returns By Period
In the year-to-date period, RYVYX achieves a -3.25% return, which is significantly lower than DXQLX's -0.28% return. Both investments have delivered pretty close results over the past 10 years, with RYVYX having a 26.31% annualized return and DXQLX not far ahead at 27.48%.
RYVYX
-3.25%
15.51%
-3.37%
17.21%
27.15%
25.68%
26.31%
DXQLX
-0.28%
13.21%
0.04%
20.44%
26.36%
25.87%
27.48%
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RYVYX vs. DXQLX - Expense Ratio Comparison
RYVYX has a 1.87% expense ratio, which is higher than DXQLX's 1.39% expense ratio.
Risk-Adjusted Performance
RYVYX vs. DXQLX — Risk-Adjusted Performance Rank
RYVYX
DXQLX
RYVYX vs. DXQLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex NASDAQ-100 2x Strategy Fund (RYVYX) 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.
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Dividends
RYVYX vs. DXQLX - Dividend Comparison
RYVYX's dividend yield for the trailing twelve months is around 5.95%, more than DXQLX's 0.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYVYX Rydex NASDAQ-100 2x Strategy Fund | 5.95% | 5.76% | 0.00% | 0.00% | 5.84% | 8.91% | 5.19% | 0.00% | 14.19% | 1.63% | 4.26% | 3.80% |
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | 0.96% | 0.33% | 0.00% | 0.00% | 11.76% | 10.90% | 3.38% | 7.37% | 5.72% | 0.00% | 2.40% | 1.16% |
Drawdowns
RYVYX vs. DXQLX - Drawdown Comparison
The maximum RYVYX drawdown since its inception was -98.40%, roughly equal to the maximum DXQLX drawdown of -95.03%. Use the drawdown chart below to compare losses from any high point for RYVYX and DXQLX.
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Volatility
RYVYX vs. DXQLX - Volatility Comparison
Rydex NASDAQ-100 2x Strategy Fund (RYVYX) has a higher volatility of 11.07% compared to Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) at 9.46%. This indicates that RYVYX'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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