Fund Mojo help you discover the best fund managers, funds, and related information

Fund Intelligence | Best Managers | DXQLX Insights | DXQLX Score | DXQLX Performance | DXQLX News | DXQLX Allocation | DXQLX Holdings Change

Direxion Mthly NASDAQ-100 Bull 2X Inv (DXQLX) Fund Ranking and Research

Ranking, Research and Recommendation of Direxion Mthly NASDAQ-100 Bull 2X Inv (DXQLX) Fund

    Last Trade: $97.66 on 7/25/2017, Change: -0.34 (-0.35%)

 

Graph of Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) ManagerFund Manager - Tony Ng

Fund Manager Information

Fund Manager Tenure: 11.2 years
Similar Funds: DXSLX  DXZLX 
Fund Family: Direxion Funds
Fund Category: Trading--Leveraged Equity
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A (Score: 0.75)     (What does this score mean?)
Ng is a Portfolio Manager and joined Rafferty in April 2006. He was previously a Team Leader in the Trading Assistant Group with Goldman Sachs from 2004 to 2006. Hg was employed with Deutsche Asset Management from 1998 to 2004.  Get more insights on Tony Ng

 

Graph of Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) ProfileDirexion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) Profile

Fund Profile and Description

Direxion Mthly NASDAQ-100 Bull 2X Inv Fund seeks monthly investment results, before fees and expenses, of 200% of the price performance of the NASDAQ-100 index. Direxion Mthly NASDAQ-100 Bull 2X Inv Fund normally invests at least 80% of assets in the equity securities that comprise the index and/or financial instruments that, in combination, provide leveraged exposure to the index with the fund creating long positions. It may hold U.S. government securities and repurchase agreements to collateralize these futures and options contracts and swap agreements. Direxion Mthly NASDAQ-100 Bull 2X Inv Fund is non-diversified.

 

Direxion Mthly NASDAQ-100 Bull 2X Inv (DXQLX) Fund Strength What we like about Direxion Mthly NASDAQ-100 Bull 2X Inv (DXQLX) Fund

Data for Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) as of May 30, 2016

  • Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) management has been with Direxion Mthly NASDAQ-100 Bull 2X Inv Fund for 11.2 years
  • Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) has good short-term performance (1-year return -2.57% vs -4.19% Trading--Leveraged Equity category median performance)
  • Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) has good mid-term performance (3-year return 29.77% vs 10.54% Trading--Leveraged Equity category median performance)
  • Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) has good Long-term performance (5-year return 27.11% vs 11.60% Trading--Leveraged Equity category median performance)
  • Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) ratio of up-years vs down years is greater than 2
  • Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) has a lower expense ratio than its Trading--Leveraged Equity average: 1.35% vs 1.98%

Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) Weakness What we are cautious about Direxion Mthly NASDAQ-100 Bull 2X Inv (DXQLX) Fund

Data for Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) as of May 30, 2016

  • Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) has a Morningstar rating of 3 and below
  • Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) is less safe compared to its Trading--Leveraged Equity peers
  • Even though Direxion Mthly NASDAQ-100 Bull 2X Inv Fund carries no load, it does have a 0.25% of 12b1 promotion, distributions, marketing expenses
See Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) performance details as of May 30, 2016

 

What do you think?

 

Compare Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX)Compare with other top Trading--Leveraged Equity category mutual funds

Aadditional top Trading--Leveraged Equity mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Direxion Mthly NASDAQ-100 Bull 2X Inv-4.14-2.5729.7727.11
ProFunds Consumer Goods UltraSector Inv (CNPIX)5.549.2914.4115.85Compare

See top fund managers for Trading--Leveraged Equity Category Funds

 

Compare Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX)Compare with Trading--Leveraged Equity category ETFs

Some Trading--Leveraged Equity ETFs for your consideration

ETFYear to DateOne YearThree Year
Direxion Daily Real Estate Bull 3X ETF (DRN)13.32%19.52%21.10%
ProShares Ultra Real Estate (URE)9.51%13.61%14.57%
ProShares Ultra Consumer Goods (UGE)5.96%11.59%20.27%
ProShares Ultra Consumer Services (UCC)000
ProShares Ultra Dow30 (DDM)000

 

Graph of Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) Net Asset TrackingDirexion Mthly NASDAQ-100 Bull 2X Inv (DXQLX) Fund Net Asset

Track net asset change of Direxion Mthly NASDAQ-100 Bull 2X Inv fund (DXQLX)

DateNet Asset
05/2016$92.92M
03/2016$95.38M
02/2016$79.57M
More historic net asset information on Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX)

  

Graph of Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) Portfolio TrackingDirexion Mthly NASDAQ-100 Bull 2X Inv (DXQLX) Fund Portfolio Allocation

Track portfolio allocation change of Direxion Mthly NASDAQ-100 Bull 2X Inv fund (DXQLX)

DateCashStockBondOther
02/20160%100%0%0%
11/201520.42%79.58%0%0%
08/201526.06%73.94%0%0%
Click here to see more historic asset allocation information on Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX)

 

graph of Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) Top 10 Position TrackingTop 10 Holdings in Direxion Mthly NASDAQ-100 Bull 2X Inv (DXQLX) Fund

Discover what Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) manager is buying

Feb 28, 2016
Ndx Ml Swap Bullet [100%]

Nov 29, 2015
Ndx Ml Swap Bullet [79.58%]

Aug 30, 2015
Ndx Cs Swap Bullet [73.94%]
Click here for Stock Holding Change Map in Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX)

  

Latest News on Direxion Mthly NASDAQ-100 Bull 2X Inv (DXQLX) Fund

See what is happening with Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX)

    No recent news

 

Direxion Mthly NASDAQ-100 Bull 2X Inv Fund (DXQLX) Related ResourcesSee more information on Direxion Mthly NASDAQ-100 Bull 2X Inv (DXQLX) Fund

Popular pages on Direxion Mthly NASDAQ-100 Bull 2X Inv (DXQLX) Fund

  

Fund Mojo Newsletter

Fund Mojo on Facebook Follow FundMojo on Twitter Fund Update