XXXX vs. LINT

Last updated Jun 4, 2026

XXXX (MAX S&P 500 4X Leveraged ETN) and LINT (Direxion Daily INTC Bull 2X Shares) are both Leveraged Equities funds. XXXX is passively managed, while LINT is actively managed. At a 0.42 correlation, their price movements are largely independent. XXXX charges 2.95%/yr vs 0.97%/yr for LINT.

Performance

XXXX vs. LINT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MAX S&P 500 4X Leveraged ETN (XXXX) and Direxion Daily INTC Bull 2X Shares (LINT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XXXX achieves a 29.32% return, which is significantly lower than LINT's 562.84% return.

XXXX

• 1D: -2.88%
• 1M: 18.44%
• YTD: 29.32%
• 6M: 26.06%
• 1Y: 86.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LINT

• 1D: 9.00%
• 1M: 30.35%
• YTD: 562.84%
• 6M: 362.73%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XXXX vs. LINT - Yearly Performance Comparison

	2026 (YTD)	2025
XXXX MAX S&P 500 4X Leveraged ETN	29.32%	9.00%
LINT Direxion Daily INTC Bull 2X Shares	562.84%	5.79%

Correlation

The correlation between XXXX and LINT is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 20, 2025	0.42

Return for Risk

XXXX vs. LINT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XXXX

XXXX Risk / Return Rank: 49
XXXX Sharpe Ratio Rank: 53
XXXX Sortino Ratio Rank: 45
XXXX Omega Ratio Rank: 47
XXXX Calmar Ratio Rank: 46
XXXX Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XXXX vs. LINT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MAX S&P 500 4X Leveraged ETN (XXXX) and Direxion Daily INTC Bull 2X Shares (LINT). 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.

	XXXX	LINT	Difference
Sharpe ratio: Return per unit of total volatility	1.86	—	—
Sortino ratio: Return per unit of downside risk	2.31	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.34	—	—
Martin ratio: Return relative to average drawdown	8.95	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	XXXX	LINT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	24.05	-23.18

Drawdowns

XXXX vs. LINT - Drawdown Comparison

The maximum XXXX drawdown since its inception was -62.27%, which is greater than LINT's maximum drawdown of -49.54%. Use the drawdown chart below to compare losses from any high point for XXXX and LINT.

Drawdown Indicators

	XXXX	LINT	Difference
Max Drawdown Largest peak-to-trough decline	-62.27%	-49.54%	-12.73%
Max Drawdown (1Y) Largest decline over 1 year	-37.25%	—	—
Current Drawdown Current decline from peak	-2.88%	-26.55%	+23.67%
Average Drawdown Average peak-to-trough decline	-11.60%	-20.51%	+8.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.73%	—	—

Volatility

Volatility by Period

	XXXX	LINT	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.32%	—	—
Volatility (6M) Calculated over the trailing 6-month period	35.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	46.83%	163.04%	-116.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.75%	163.04%	-102.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.75%	163.04%	-102.29%

XXXX vs. LINT - Expense Ratio Comparison

XXXX has a 2.95% expense ratio, which is higher than LINT's 0.97% expense ratio.

Dividends

XXXX vs. LINT - Dividend Comparison

XXXX has not paid dividends to shareholders, while LINT's dividend yield for the trailing twelve months is around 0.13%.

Position	TTM	2025
LINT Direxion Daily INTC Bull 2X Shares	0.13%	0.25%
XXXX MAX S&P 500 4X Leveraged ETN	0.00%	0.00%

Frequently Asked Questions

Can I hold both XXXX and LINT in my portfolio?

XXXX and LINT have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XXXX or LINT?

On fees, LINT is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XXXX or LINT?

LINT is cheaper with a 0.97% expense ratio, compared with 2.95% for XXXX.

Which ETF pays a higher dividend yield, XXXX or LINT?

LINT has the higher dividend yield at 0.13%, compared with 0.00% for XXXX.

What is the main difference between XXXX and LINT?

They also come from different issuers: Max and Direxion. Their fees differ too: 2.95% for XXXX and 0.97% for LINT.