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.
Correlation
The correlation between RYVYX and DXQLX 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
RYVYX vs. DXQLX - Performance Comparison
Key characteristics
RYVYX:
1.06
DXQLX:
1.28
RYVYX:
1.51
DXQLX:
1.76
RYVYX:
1.20
DXQLX:
1.23
RYVYX:
1.41
DXQLX:
1.28
RYVYX:
4.75
DXQLX:
5.98
RYVYX:
8.18%
DXQLX:
6.78%
RYVYX:
36.76%
DXQLX:
31.62%
RYVYX:
-98.21%
DXQLX:
-91.88%
RYVYX:
-10.16%
DXQLX:
-7.56%
Returns By Period
In the year-to-date period, RYVYX achieves a 37.58% return, which is significantly lower than DXQLX's 40.58% return. Both investments have delivered pretty close results over the past 10 years, with RYVYX having a 22.77% annualized return and DXQLX not far ahead at 23.74%.
RYVYX
37.58%
0.44%
2.26%
37.44%
24.32%
22.77%
DXQLX
40.58%
3.23%
9.48%
44.28%
24.49%
23.74%
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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 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.
Dividends
RYVYX vs. DXQLX - Dividend Comparison
RYVYX has not paid dividends to shareholders, while DXQLX's dividend yield for the trailing twelve months is around 0.32%.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
RYVYX Rydex NASDAQ-100 2x Strategy Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DXQLX Direxion Monthly NASDAQ-100 Bull 1.75X Fund | 0.32% | 0.00% | 0.00% | 0.00% | 0.28% |
Drawdowns
RYVYX vs. DXQLX - Drawdown Comparison
The maximum RYVYX drawdown since its inception was -98.21%, which is greater than DXQLX's maximum drawdown of -91.88%. Use the drawdown chart below to compare losses from any high point for RYVYX and DXQLX. For additional features, visit the drawdowns tool.
Volatility
RYVYX vs. DXQLX - Volatility Comparison
Rydex NASDAQ-100 2x Strategy Fund (RYVYX) has a higher volatility of 12.56% compared to Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) at 9.03%. 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.