Direxion Daily S&P 500 Bull 3X Shares (SPXL)
SPXL is a passive ETF by Direxion tracking the investment results of the S&P 500 Index (300%). SPXL launched on Nov 5, 2008 and has a 1.02% expense ratio.
ETF Info
US25459W8626
25459W862
Nov 5, 2008
North America (U.S.)
3x
S&P 500 Index (300%)
Large-Cap
Blend
Expense Ratio
SPXL has a high expense ratio of 1.02%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
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Returns By Period
Direxion Daily S&P 500 Bull 3X Shares (SPXL) returned -10.41% year-to-date (YTD) and 17.27% over the past 12 months. Over the past 10 years, SPXL delivered an annualized return of 21.33%, outperforming the S&P 500 benchmark at 10.77%.
SPXL
-10.41%
30.16%
-16.28%
17.27%
36.05%
21.33%
^GSPC (Benchmark)
0.08%
9.75%
-1.63%
12.74%
15.66%
10.77%
Monthly Returns
The table below presents the monthly returns of SPXL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 6.69% | -5.06% | -17.57% | -8.76% | 17.61% | -10.41% | |||||||
| 2024 | 3.43% | 14.75% | 8.93% | -12.99% | 14.30% | 9.83% | 1.81% | 5.02% | 5.10% | -4.04% | 17.39% | -8.49% | 63.61% |
| 2023 | 18.26% | -8.60% | 9.45% | 3.68% | -0.05% | 19.01% | 9.01% | -6.30% | -14.73% | -7.88% | 28.25% | 12.90% | 69.48% |
| 2022 | -15.80% | -9.91% | 10.13% | -25.43% | -2.12% | -24.91% | 28.78% | -13.32% | -26.82% | 23.18% | 14.53% | -17.67% | -56.55% |
| 2021 | -3.76% | 7.88% | 13.25% | 16.21% | 1.35% | 6.57% | 6.85% | 8.96% | -13.78% | 21.73% | -2.66% | 13.23% | 98.75% |
| 2020 | -0.88% | -23.27% | -48.17% | 37.24% | 13.37% | 3.27% | 17.70% | 21.93% | -12.23% | -8.58% | 35.21% | 11.19% | 9.64% |
| 2019 | 24.01% | 9.26% | 4.89% | 11.85% | -18.70% | 21.45% | 3.58% | -6.67% | 5.38% | 5.60% | 10.83% | 8.37% | 102.80% |
| 2018 | 16.94% | -12.75% | -8.71% | -0.17% | 6.50% | 1.49% | 10.44% | 9.27% | 1.27% | -20.82% | 4.30% | -26.17% | -25.11% |
| 2017 | 5.01% | 11.87% | -0.18% | 2.70% | 3.73% | 1.43% | 5.86% | 0.19% | 5.61% | 6.91% | 8.83% | 3.58% | 71.03% |
| 2016 | -15.67% | -1.43% | 21.34% | 0.78% | 4.70% | -0.27% | 11.20% | 0.00% | -0.64% | -5.66% | 10.87% | 6.00% | 30.01% |
| 2015 | -9.27% | 17.31% | -5.28% | 2.62% | 3.42% | -6.27% | 6.09% | -18.90% | -8.75% | 26.86% | 0.62% | -5.99% | -5.52% |
| 2014 | -10.77% | 13.81% | 2.05% | 1.62% | 6.44% | 6.32% | -4.50% | 11.99% | -4.54% | 6.11% | 8.30% | -1.68% | 37.49% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SPXL is 41, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion Daily S&P 500 Bull 3X Shares (SPXL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Direxion Daily S&P 500 Bull 3X Shares provided a 0.89% dividend yield over the last twelve months, with an annual payout of $1.35 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.35 | $1.25 | $1.02 | $0.20 | $0.16 | $0.16 | $0.56 | $0.34 | $1.72 |
Dividend yield | 0.89% | 0.74% | 0.98% | 0.33% | 0.11% | 0.22% | 0.84% | 1.02% | 3.88% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily S&P 500 Bull 3X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.49 | |||||||
| 2024 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.32 | $1.25 |
| 2023 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.30 | $1.02 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.20 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.16 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.16 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.56 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.21 | $0.34 |
| 2017 | $1.72 | $1.72 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily S&P 500 Bull 3X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Direxion Daily S&P 500 Bull 3X Shares was 76.86%, occurring on Mar 23, 2020. Recovery took 202 trading sessions.
The current Direxion Daily S&P 500 Bull 3X Shares drawdown is 19.98%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -76.86% | Feb 20, 2020 | 23 | Mar 23, 2020 | 202 | Jan 8, 2021 | 225 |
| -71.32% | Nov 6, 2008 | 83 | Mar 9, 2009 | 132 | Sep 15, 2009 | 215 |
| -63.8% | Jan 4, 2022 | 195 | Oct 12, 2022 | 418 | Jun 12, 2024 | 613 |
| -53.81% | May 2, 2011 | 108 | Oct 3, 2011 | 239 | Sep 13, 2012 | 347 |
| -50.17% | Sep 21, 2018 | 65 | Dec 24, 2018 | 137 | Jul 12, 2019 | 202 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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