# DXQLX (Direxion Monthly NASDAQ-100(R) Bull 1.75X Fund)

Direxion · Leveraged ETFs · data as of Sep 11, 2026

DXQLX aims to return +1.75 times Monthly NASDAQ-100's move each day, then resets. Over one day it does that.

## Key facts

- DXQLX, net assets: $653m (source, as filed for May 31, 2026).
- DXQLX, expense ratio: 1.52% (485BPOS XBRL, Dec 23, 2025).
- DXQLX, underlying: Monthly NASDAQ-100 (no investable tracker), as of Sep 11, 2026.
- DXQLX, sets out to return: +1.75 times the daily move of Monthly NASDAQ-100, reset daily, as of Sep 11, 2026.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +1.75 times the daily move of Monthly NASDAQ-100, reset daily | ETFIQ |
| Underlying | Monthly NASDAQ-100 (no investable tracker) | ETFIQ |
| Segment | broad index, index variant | ETFIQ |
| Net assets | $653m | source, as filed for May 31, 2026 |
| Expense ratio | 1.52% | 485BPOS XBRL, Dec 23, 2025 |
| Launched | Jan 4, 2010 | ETFIQ |

## Questions

### Why does DXQLX not return +1.75 times over a year?

Because it resets daily. DXQLX aims at +1.75 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +1.75 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, DXQLX, data as of Sep 11, 2026. https://etfiq.com/funds/DXQLX
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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