XXXX vs. LINT

Last updated Aug 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. Their 0.49 correlation means their historical movements had little consistent relationship. 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 24.33% return, which is significantly lower than LINT's 266.23% return.

XXXX

• 1D: 5.54%
• 1M: 3.81%
• 6M: 18.22%
• YTD: 24.33%
• 1Y: 58.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 46.23%

LINT

• 1D: 1.75%
• 1M: -46.62%
• 6M: 135.02%
• YTD: 266.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LINT Direxion Daily INTC Bull 2X Shares	$19.84M	$20.02M	$35.16M
XXXX MAX S&P 500 4X Leveraged ETN	$20.67M	$23.79M	$27.25M

XXXX vs. LINT - Yearly Performance Comparison

	2026 (YTD)	2025
XXXX MAX S&P 500 4X Leveraged ETN	24.33%	10.48%
LINT Direxion Daily INTC Bull 2X Shares	266.23%	5.81%

Correlation

The correlation between XXXX and LINT is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025	0.49

Return for Risk

XXXX vs. LINT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

XXXX

XXXX Risk / Return Rank: 45
XXXX Sharpe Ratio Rank: 46
XXXX Sortino Ratio Rank: 45
XXXX Omega Ratio Rank: 45
XXXX Calmar Ratio Rank: 44
XXXX Martin Ratio Rank: 47

LINT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XXXX	LINT	Difference
Sharpe ratio: Return per unit of total volatility	1.16	—	—
Sortino ratio: Return per unit of downside risk	1.68	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	1.58	—	—
Martin ratio: Return relative to average drawdown	5.50	—	—

Drawdowns

XXXX vs. LINT - Drawdown Comparison

The maximum XXXX drawdown since its inception was -62.27%, smaller than the maximum LINT drawdown of -69.02%. 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%	-69.02%	+6.75%
Max Drawdown (1Y) Largest decline over 1 year	-37.25%	—	—
Current Drawdown Current decline from peak	-6.63%	-62.23%	+55.60%
Average Drawdown Average peak-to-trough decline	-11.53%	-24.07%	+12.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.68%	—	—

Volatility

Volatility by Period

	XXXX	LINT	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	40.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	50.83%	169.02%	-118.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.74%	169.02%	-108.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.74%	169.02%	-108.28%

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 0.74%.

Position	TTM	2025
LINT Direxion Daily INTC Bull 2X Shares	0.74%	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 0.49, 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 0.74%, 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.