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:
0.82
DXQLX:
1.11
RYVYX:
1.25
DXQLX:
1.57
RYVYX:
1.17
DXQLX:
1.21
RYVYX:
1.18
DXQLX:
1.31
RYVYX:
3.48
DXQLX:
5.08
RYVYX:
8.89%
DXQLX:
7.08%
RYVYX:
37.67%
DXQLX:
32.40%
RYVYX:
-98.21%
DXQLX:
-95.28%
RYVYX:
-8.16%
DXQLX:
-4.52%
Returns By Period
The year-to-date returns for both stocks are quite close, with RYVYX having a 4.49% return and DXQLX slightly lower at 4.28%. Over the past 10 years, RYVYX has underperformed DXQLX with an annualized return of 22.21%, while DXQLX has yielded a comparatively higher 23.39% annualized return.
RYVYX
4.49%
-3.25%
8.95%
25.48%
22.84%
22.21%
DXQLX
4.28%
-2.56%
14.48%
31.06%
23.19%
23.39%
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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.
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 0.92%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
RYVYX Rydex NASDAQ-100 2x Strategy Fund | 0.00% | 0.00% | 0.00% | 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
RYVYX vs. DXQLX - Drawdown Comparison
The maximum RYVYX drawdown since its inception was -98.21%, roughly equal to the maximum DXQLX drawdown of -95.28%. 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 10.31% compared to Direxion Monthly NASDAQ-100 Bull 1.75X Fund (DXQLX) at 8.84%. 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.