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.
Key characteristics
| RYVYX | DXQLX | |
|---|---|---|
| YTD Return | 41.95% | 38.64% |
| 1Y Return | 59.17% | 53.19% |
| 3Y Return (Ann) | 4.85% | 1.72% |
| 5Y Return (Ann) | 25.85% | 26.19% |
| 10Y Return (Ann) | 23.08% | 23.87% |
| Sharpe Ratio | 1.70 | 1.75 |
| Sortino Ratio | 2.20 | 2.27 |
| Omega Ratio | 1.30 | 1.31 |
| Calmar Ratio | 1.89 | 1.53 |
| Martin Ratio | 7.33 | 7.94 |
| Ulcer Index | 8.09% | 6.72% |
| Daily Std Dev | 34.82% | 30.49% |
| Max Drawdown | -98.21% | -91.88% |
| Current Drawdown | -2.17% | -1.81% |
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
In the year-to-date period, RYVYX achieves a 41.95% return, which is significantly higher than DXQLX's 38.64% return. Both investments have delivered pretty close results over the past 10 years, with RYVYX having a 23.08% annualized return and DXQLX not far ahead at 23.87%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 0.33%.
| 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 | 0.33% | 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 9.95% compared to Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) at 8.58%. 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.