(SPXL) Direxion Daily S&P500 Bull - Overview
ETF Category: Trading--Leveraged Equity | Exchange NYSE ARCA (USA) | Currency USD | Market Cap: 4.695m | Total Return 23.5% in 12m
Etf: Leveraged Equities, Index Tracking, Financial Instruments
| Risk 5d forecast | |
|---|---|
| Volatility | 61.6% |
| Relative Tail Risk | 4.81% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.58 |
| Alpha | -12.57 |
| Character TTM | |
|---|---|
| Beta | 3.010 |
| Beta Downside | 2.914 |
| Drawdowns 3y | |
|---|---|
| Max DD | 48.95% |
| CAGR/Max DD | 0.80 |
Description: SPXL Direxion Daily S&P500 Bull March 04, 2026
SPXL is an exchange-traded fund (ETF) that aims to deliver 300% of the daily performance of the S&P 500 Index. The S&P 500 tracks 500 large-capitalization U.S. companies, covering approximately 80% of the total U.S. stock market value.
The fund achieves its leveraged exposure by investing at least 80% of its net assets in financial instruments like swap agreements and S&P 500-tracking ETFs. This includes derivatives, which are financial contracts whose value is derived from an underlying asset.
SPXL is classified as non-diversified, meaning it can invest a larger percentage of its assets in a smaller number of securities. This increases concentration risk compared to diversified funds.
For more detailed analysis, consider exploring ValueRays comprehensive reports.
Headlines to watch out for
- S&P 500 index performance directly impacts fund value
- Volatility decay erodes long-term returns
- Interest rate changes affect borrowing costs
- Regulatory changes impact leveraged ETF offerings
What is the price of SPXL shares?
Over the past week, the price has changed by -6.10%, over one month by -18.40%, over three months by -20.59% and over the past year by +23.50%.
Is SPXL a buy, sell or hold?
What are the forecasts/targets for the SPXL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |