(SPXL) Direxion Daily S&P500 Bull - Overview

ETF Category: Trading--Leveraged Equity | Exchange: NYSE ARCA (USA) | Market Cap: 6.730m USD | Total Return: 83.9% in 12m

Leveraged ETFs, Swap Agreements, Equity Securities
Total Rating 76
Safety 34
Buy Signal 0.20
Trading--Leveraged Equity
Category Rotation: -3.5
TER: 0.91%
AUM: 6.73B
Avg Turnover: 544M
Risk 3d forecast
Volatility31.4%
VaR 5th Pctl5.94%
VaR vs Median5.10%
Reward TTM
Sharpe Ratio1.78
Rel. Str. IBD85.4
Rel. Str. Peer Group55.3
Character TTM
Beta3.017
Beta Downside3.081
Hurst Exponent0.526
Drawdowns 3y
Max DD48.95%
CAGR/Max DD1.10
CAGR/Mean DD7.29

Warnings

No concerns identified

Tailwinds

Supp Ema8

Description: SPXL Direxion Daily S&P500 Bull

The Direxion Daily S&P 500 Bull 3X Shares (SPXL) is a leveraged exchange-traded fund designed to provide 300% of the daily performance of the S&P 500 Index. To achieve this objective, the fund invests at least 80% of its assets in a combination of benchmark securities, other ETFs, and financial derivatives such as swap agreements. This strategy utilizes daily rebalancing, which means the funds long-term returns can significantly deviate from triple the indexs performance due to the effects of compounding and volatility decay.

The underlying index tracks 500 leading large-cap companies listed in the United States, representing approximately 80% of the available market capitalization. Because the fund uses debt and derivatives to amplify returns, it is classified as non-diversified and carries higher counterparty risk than traditional equity funds. Investors can further analyze these risk factors and historical performance metrics on ValueRay.

Headlines to Watch Out For
  • S&P 500 price movement dictates daily leveraged returns for fund shareholders
  • Derivative swap agreement costs fluctuate based on prevailing short-term interest rates
  • Daily rebalancing requirements create compounding decay during periods of high market volatility
  • Regulatory scrutiny of leveraged ETFs influences institutional demand and fund liquidity
  • Broad U.S. large-cap equity performance drives underlying index valuation and net asset value
What is the price of SPXL shares?

As of June 05, 2026, the stock is trading at USD 285.06 with a total of 1,157,117 shares traded.
Over the past week, the price has changed by +0.76%, over one month by +16.01%, over three months by +30.86% and over the past year by +83.85%.

Is SPXL a buy, sell or hold?

Direxion Daily S&P500 Bull has no consensus analysts rating.