NFXL vs ABEQ

Comparison between DIREXION DAILY NFLX BULL 2X SHARES (NFXL, ETF) and ABSOLUTE SELECT VALUE ETF (ABEQ, ETF).

NFXL vs ABEQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NFXL(ETF)	ABEQ(ETF)
Net Assets	$141M	$141M
Expense Ratio	N/A	0.85%
Max Drawdown	81.37%	27.82%
Sharpe Ratio	-1.67	0.77
5Y Beta	1.44	0.33
P/E Ratio	N/A	15.06
Forward P/E	N/A	15.50
PEG Ratio	N/A	0.59
5Y Dividends CAGR	N/A	34.76%
5Y EPS CAGR	N/A	11.48%
Debt to Equity	N/A	55.87%
P/S Ratio	N/A	2.41
P/B Ratio	N/A	2.16

Net Assets

Winner

NFXL

$141M

ABEQ

$141M

Expense Ratio

NFXL

N/A

ABEQ

0.85%

Max Drawdown

NFXL

81.37%

Winner

ABEQ

27.82%

Sharpe Ratio

NFXL

-1.67

Winner

ABEQ

0.77

5Y Beta

NFXL

1.44

Winner

ABEQ

0.33

P/E Ratio

NFXL

N/A

ABEQ

15.06

Forward P/E

NFXL

N/A

ABEQ

15.50

PEG Ratio

NFXL

N/A

ABEQ

0.59

5Y Dividends CAGR

NFXL

N/A

ABEQ

34.76%

5Y EPS CAGR

NFXL

N/A

ABEQ

11.48%

Debt to Equity

NFXL

N/A

ABEQ

55.87%

P/S Ratio

NFXL

N/A

ABEQ

2.41

P/B Ratio

NFXL

N/A

ABEQ

2.16

NFXL vs ABEQ - Holdings Comparison

NFXL and ABEQ have 0 common holdings. Overlap is 0.00%

NFXL's top 25 holdings weight is 18.43%. ABEQ's top 25 holdings weight is 91.55%.

Rank	NFXL	ABEQ
#1	NETFLIX INC (NFLX) - 18.43%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 10.74%
#2	N/A	U.S. TREASURY SECURITY STRIPPED INTEREST SECURITY 0% (n/a) - 8.36%
#3	N/A	LOEWS CORP (L) - 7.77%
#4	N/A	FRANCO-NEVADA CORP (n/a) - 6.48%
#5	N/A	UNILEVER PLC ADR (UL) - 6.45%
#6	N/A	MEDTRONIC PLC (MDT) - 5.01%
#7	N/A	ONEOK INC (OKE) - 4.80%
#8	N/A	VERIZON COMMUNICATIONS INC (VZ) - 4.71%
#9	N/A	EOG RESOURCES INC (EOG) - 4.23%
#10	N/A	RAYONIER INC (RYN) - 4.13%
#11	N/A	HUBBELL INC (HUBB) - 3.49%
#12	N/A	AIR PRODUCTS AND CHEMICALS INC (APD) - 3.21%
#13	N/A	NEXTERA ENERGY INC (NEE) - 3.10%
#14	N/A	THE TRAVELERS COMPANIES INC (TRV) - 3.07%
#15	N/A	IDEX CORP (IEX) - 2.90%
#16	N/A	AGNICO EAGLE MINES LTD (AEM) - 2.55%
#17	N/A	EMERSON ELECTRIC CO (EMR) - 2.48%
#18	N/A	UNIVERSAL MUSIC GROUP NV ADR (UNVGY) - 1.97%
#19	N/A	US DOLLARS (n/a) - 1.78%
#20	N/A	HONEYWELL INTERNATIONAL INC (HON) - 1.68%
#21	N/A	HONEYWELL AEROSPACE INC (HONA) - 1.56%
#22	N/A	DASSAULT SYSTEMES SE ADR (DASTY) - 1.05%
#23	N/A	CANADIAN DOLLAR (n/a) - 0.03%
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	23

NFXL vs ABEQ - Historical Returns

Returns include dividend reinvestment.

Period	NFXL	ABEQ
1 month	-13.49%	+0.69%
3 months	-47.94%	+0.25%
6 months	-43.16%	+1.96%
1 year	-75.39%	+10.91%
5 years(CAGR)	N/A	+8.19%
Max(CAGR)	-23.19%	+7.86%

NFXL

-13.49%

Winner

ABEQ

+0.69%

NFXL

-47.94%

Winner

ABEQ

+0.25%

NFXL

-43.16%

Winner

ABEQ

+1.96%

NFXL

-75.39%

Winner

ABEQ

+10.91%

5Y(CAGR)

NFXL

N/A

ABEQ

+8.19%

Max(CAGR)

NFXL

-23.19%

Winner

ABEQ

+7.86%

NFXL vs ABEQ - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	NFXL	ABEQ
2026	-50.37%	+5.30%
2025	-10.70%	+14.87%
2024	+50.97%	+11.94%
2023	N/A	+3.90%
2022	N/A	-0.89%
2021	N/A	+12.61%
2020	N/A	+2.51%

NFXL vs ABEQ Drawdown Comparison

The maximum drawdown for NFXL was -80.07%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for ABEQ was -27.82%, occurring on Mar 23, 2020. Recovery took 204 trading sessions.

The current NFXL drawdown is -79.44%. The current ABEQ drawdown is -5.75%.

Rank	NFXL	ABEQ
#1	-80.07% Jun 30, 2025 - Jul 20, 2026	-27.82% Feb 11, 2020 - Dec 1, 2020
#2	-37.56% Feb 14, 2025 - Apr 24, 2025	-17.26% Apr 20, 2022 - Mar 6, 2024
#3	-22.85% Dec 11, 2024 - Jan 22, 2025	-7.95% Apr 2, 2025 - May 27, 2025
#4	-12.44% Oct 10, 2024 - Oct 18, 2024	-7.89% Feb 27, 2026 - Jun 1, 2026
#5	-8.17% May 2, 2025 - May 15, 2025	-5.84% Nov 10, 2021 - Dec 29, 2021
#6	-8.14% Nov 21, 2024 - Dec 4, 2024	-5.52% May 17, 2021 - Nov 10, 2021
#7	-7.73% Jun 5, 2025 - Jun 24, 2025	-5.48% Oct 18, 2024 - Feb 13, 2025
#8	-6.17% Oct 21, 2024 - Nov 6, 2024	-4.43% Oct 6, 2025 - Nov 26, 2025
#9	-5.14% Oct 4, 2024 - Oct 8, 2024	-4.07% Jan 14, 2022 - Mar 16, 2022
#10	-4.55% Dec 6, 2024 - Dec 11, 2024	-3.97% Mar 28, 2024 - May 9, 2024
#11	-4.46% May 27, 2025 - Jun 2, 2025	-3.44% May 17, 2024 - Jul 12, 2024
#12	-3.85% Feb 10, 2025 - Feb 13, 2025	-3.22% Jul 31, 2024 - Aug 16, 2024
#13	-3.53% Nov 14, 2024 - Nov 18, 2024	-2.95% Feb 8, 2021 - Mar 10, 2021
#14	-2.79% Jan 23, 2025 - Feb 4, 2025	-2.81% Jan 7, 2021 - Feb 8, 2021
#15	-1.68% May 21, 2025 - May 27, 2025	-2.42% Nov 28, 2025 - Dec 24, 2025

Correlation

Correlation between NFXL and ABEQ is -0.41 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.41

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