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Direxion Daily S&P 500 Bull 3X Shares

SPXL
ETF · Currency in USD
ISIN
US25459W8626
CUSIP
25459W862
Issuer
Direxion
Inception Date
Nov 5, 2008
Region
North America (U.S.)
Category
Leveraged Equities
Leveraged
3x
Expense Ratio
1.02%
Index Tracked
S&P 500 Index (300%)
ETF Home Page
www.direxion.com
Asset Class
Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

SPXLPrice Chart


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SPXLPerformance

The chart shows the growth of $10,000 invested in Direxion Daily S&P 500 Bull 3X Shares on Jan 5, 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $296,836 for a total return of roughly 2,868.36%. All prices are adjusted for splits and dividends.


SPXL (Direxion Daily S&P 500 Bull 3X Shares)
Benchmark (S&P 500)

SPXLReturns in periods

Returns over 1 year are annualized

PeriodReturn
1M13.14%
6M31.44%
YTD73.36%
1Y123.96%
5Y41.55%
10Y38.30%

SPXLMonthly Returns Heatmap


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SPXLSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Direxion Daily S&P 500 Bull 3X Shares Sharpe ratio is 3.02. A Sharpe ratio of 3.0 or higher is considered excellent.

The chart below displays rolling 12-month Sharpe Ratio.


SPXL (Direxion Daily S&P 500 Bull 3X Shares)
Benchmark (S&P 500)

SPXLDividends

Direxion Daily S&P 500 Bull 3X Shares granted a 0.12% dividend yield in the last twelve months, as of Oct 23, 2021. The annual payout for that period amounted to $0.16 per share.


PeriodTTM20202019201820172016201520142013201220112010
Dividend$0.16$0.16$0.56$0.34$1.72$0.00$0.00$0.00$0.00$0.00$0.00$0.13

Dividend yield

0.12%0.22%0.84%1.02%3.88%0.00%0.00%0.00%0.00%0.00%0.00%2.17%

SPXLDrawdowns Chart

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


SPXL (Direxion Daily S&P 500 Bull 3X Shares)
Benchmark (S&P 500)

SPXLWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion Daily S&P 500 Bull 3X Shares. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Direxion Daily S&P 500 Bull 3X Shares is 76.86%, recorded on Mar 23, 2020. It took 202 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-76.86%Feb 20, 202023Mar 23, 2020202Jan 8, 2021225
-53.81%May 2, 2011108Oct 3, 2011239Sep 13, 2012347
-50.17%Sep 21, 201865Dec 24, 2018137Jul 12, 2019202
-43.44%Apr 26, 201049Jul 2, 2010112Dec 10, 2010161
-39.56%May 22, 2015183Feb 11, 2016110Jul 20, 2016293
-29.48%Jan 29, 201844Apr 2, 2018120Sep 20, 2018164
-22.79%Jan 20, 201014Feb 8, 201022Mar 11, 201036
-21.42%Sep 17, 201242Nov 15, 201237Jan 10, 201379
-21.05%Sep 19, 201419Oct 15, 201413Nov 3, 201432
-17.96%Jul 29, 201913Aug 14, 201954Oct 30, 201967

SPXLVolatility Chart

Current Direxion Daily S&P 500 Bull 3X Shares volatility is 26.80%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


SPXL (Direxion Daily S&P 500 Bull 3X Shares)
Benchmark (S&P 500)

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