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Direxion Daily S&P 500 Bull 3X Shares (SPXL)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS25459W8626
CUSIP25459W862
IssuerDirexion
Inception DateNov 5, 2008
RegionNorth America (U.S.)
CategoryLeveraged Equities, Leveraged
Leveraged3x
Index TrackedS&P 500 Index (300%)
Home Pagewww.direxion.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

The Direxion Daily S&P 500 Bull 3X Shares has a high expense ratio of 1.02%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%1.02%

Share Price Chart


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Compare to other instruments

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Direxion Daily S&P 500 Bull 3X Shares

Popular comparisons: SPXL vs. UPRO, SPXL vs. SPY, SPXL vs. SPXS, SPXL vs. TQQQ, SPXL vs. VOO, SPXL vs. SSO, SPXL vs. SPXU, SPXL vs. ^NDX, SPXL vs. DFEN, SPXL vs. SCHG

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Direxion Daily S&P 500 Bull 3X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%1,000.00%2,000.00%3,000.00%4,000.00%OctoberNovemberDecember2024FebruaryMarch
3,920.70%
451.48%
SPXL (Direxion Daily S&P 500 Bull 3X Shares)
Benchmark (^GSPC)

S&P 500

Returns By Period

Direxion Daily S&P 500 Bull 3X Shares had a return of 29.29% year-to-date (YTD) and 96.14% in the last 12 months. Over the past 10 years, Direxion Daily S&P 500 Bull 3X Shares had an annualized return of 24.31%, outperforming the S&P 500 benchmark which had an annualized return of 10.89%.


PeriodReturnBenchmark
Year-To-Date29.29%10.16%
1 month9.48%3.47%
6 months70.99%22.20%
1 year96.14%30.45%
5 years (annualized)24.28%13.16%
10 years (annualized)24.31%10.89%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20243.43%14.75%
2023-6.30%-14.73%-7.88%28.25%12.90%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

This table presents risk-adjusted performance metrics for Direxion Daily S&P 500 Bull 3X Shares (SPXL) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
SPXL
Direxion Daily S&P 500 Bull 3X Shares
3.04
^GSPC
S&P 500
2.79

Sharpe Ratio

The current Direxion Daily S&P 500 Bull 3X Shares Sharpe ratio is 3.04. A Sharpe ratio of 3.0 or higher is considered excellent.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50OctoberNovemberDecember2024FebruaryMarch
3.04
2.79
SPXL (Direxion Daily S&P 500 Bull 3X Shares)
Benchmark (^GSPC)

Dividends

Dividend History

Direxion Daily S&P 500 Bull 3X Shares granted a 0.86% dividend yield in the last twelve months. The annual payout for that period amounted to $1.15 per share.


PeriodTTM2023202220212020201920182017
Dividend$1.15$1.02$0.20$0.16$0.16$0.56$0.34$1.72

Dividend yield

0.86%0.98%0.32%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.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.00
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
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
2021$0.00$0.00$0.00$0.00$0.00$0.04$0.00$0.00$0.00$0.00$0.00$0.11
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
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
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
2017$1.72

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-6.45%
0
SPXL (Direxion Daily S&P 500 Bull 3X Shares)
Benchmark (^GSPC)

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 6.45%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-76.86%Feb 20, 202023Mar 23, 2020202Jan 8, 2021225
-71.32%Nov 6, 200883Mar 9, 2009132Sep 15, 2009215
-63.8%Jan 4, 2022195Oct 12, 2022
-53.81%May 2, 2011108Oct 3, 2011239Sep 13, 2012347
-50.17%Sep 21, 201865Dec 24, 2018137Jul 12, 2019202

Volatility

Volatility Chart

The current Direxion Daily S&P 500 Bull 3X Shares volatility is 8.29%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%OctoberNovemberDecember2024FebruaryMarch
8.29%
2.80%
SPXL (Direxion Daily S&P 500 Bull 3X Shares)
Benchmark (^GSPC)