ACIC vs. SPXL

Last updated Jun 24, 2026

ACIC (American Coastal Insurance Corp) is a stock, while SPXL (Direxion Daily S&P 500 Bull 3X ETF) is Leveraged Equities fund tracking the S&P 500. Over the past 10 years, ACIC returned -1.45%/yr vs 30.27%/yr for SPXL. At a 0.20 correlation, their price movements are largely independent.

Performance

ACIC vs. SPXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Coastal Insurance Corp (ACIC) and Direxion Daily S&P 500 Bull 3X ETF (SPXL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACIC achieves a -7.83% return, which is significantly lower than SPXL's 17.21% return. Over the past 10 years, ACIC has underperformed SPXL with an annualized return of -1.45%, while SPXL has yielded a comparatively higher 30.27% annualized return.

ACIC

• 1D: 2.05%
• 1M: 1.39%
• YTD: -7.83%
• 6M: -8.41%
• 1Y: 10.66%
• 3Y*: 38.11%
• 5Y*: 16.25%
• 10Y*: -1.45%

SPXL

• 1D: -4.48%
• 1M: -5.53%
• YTD: 17.21%
• 6M: 13.86%
• 1Y: 62.56%
• 3Y*: 46.39%
• 5Y*: 20.70%
• 10Y*: 30.27%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ACIC vs. SPXL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ACIC American Coastal Insurance Corp	-7.83%	-2.55%	42.28%	792.45%	-75.13%	-20.43%	-53.07%	-22.77%	-2.50%	15.64%
SPXL Direxion Daily S&P 500 Bull 3X ETF	17.21%	31.94%	63.61%	69.49%	-56.55%	98.75%	9.64%	102.80%	-25.11%	71.03%

Correlation

The correlation between ACIC and SPXL is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Nov 5, 2008	0.20

The correlation between ACIC and SPXL shifts across timeframes, from 0.04 (1 year) to 0.25 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

ACIC vs. SPXL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ACIC

ACIC Risk / Return Rank: 52
ACIC Sharpe Ratio Rank: 55
ACIC Sortino Ratio Rank: 47
ACIC Omega Ratio Rank: 47
ACIC Calmar Ratio Rank: 55
ACIC Martin Ratio Rank: 58

SPXL

SPXL Risk / Return Rank: 49
SPXL Sharpe Ratio Rank: 51
SPXL Sortino Ratio Rank: 44
SPXL Omega Ratio Rank: 45
SPXL Calmar Ratio Rank: 49
SPXL Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ACIC vs. SPXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Coastal Insurance Corp (ACIC) and Direxion Daily S&P 500 Bull 3X ETF (SPXL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ACIC	SPXL	Difference
Sharpe ratio: Return per unit of total volatility	0.35	1.69	-1.33
Sortino ratio: Return per unit of downside risk	0.66	2.15	-1.49
Omega ratio: Gain probability vs. loss probability	1.09	1.28	-0.20
Calmar ratio: Return relative to maximum drawdown	0.55	2.35	-1.79
Martin ratio: Return relative to average drawdown	1.46	9.57	-8.11

ACIC vs. SPXL - Sharpe Ratio Comparison

The current ACIC Sharpe Ratio is 0.35, which is lower than the SPXL Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of ACIC and SPXL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ACIC vs. SPXL - Drawdown Comparison

The maximum ACIC drawdown since its inception was -98.73%, which is greater than SPXL's maximum drawdown of -76.86%. Use the drawdown chart below to compare losses from any high point for ACIC and SPXL.

Drawdown Indicators

	ACIC	SPXL	Difference
Max Drawdown Largest peak-to-trough decline	-98.73%	-76.86%	-21.87%
Max Drawdown (1Y) Largest decline over 1 year	-19.31%	-26.77%	+7.46%
Max Drawdown (3Y) Largest decline over 3 years	-32.83%	-48.95%	+16.12%
Max Drawdown (5Y) Largest decline over 5 years	-94.60%	-63.80%	-30.80%
Max Drawdown (10Y) Largest decline over 10 years	-98.49%	-76.86%	-21.63%
Current Drawdown Current decline from peak	-49.00%	-10.44%	-38.56%
Average Drawdown Average peak-to-trough decline	-45.69%	-16.09%	-29.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.33%	6.56%	+0.77%

Volatility

ACIC vs. SPXL - Volatility Comparison

The current volatility for American Coastal Insurance Corp (ACIC) is 7.80%, while Direxion Daily S&P 500 Bull 3X ETF (SPXL) has a volatility of 14.70%. This indicates that ACIC experiences smaller price fluctuations and is considered to be less risky than SPXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACIC	SPXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.80%	14.70%	-6.90%
Volatility (6M) Calculated over the trailing 6-month period	22.88%	29.55%	-6.67%
Volatility (1Y) Calculated over the trailing 1-year period	30.37%	37.43%	-7.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	90.67%	50.54%	+40.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.91%	53.47%	+18.44%

Dividends

ACIC vs. SPXL - Dividend Comparison

ACIC's dividend yield for the trailing twelve months is around 6.85%, more than SPXL's 0.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACIC American Coastal Insurance Corp	6.85%	3.96%	0.00%	0.00%	5.66%	5.53%	4.20%	1.90%	1.44%	1.39%	1.52%	1.17%
SPXL Direxion Daily S&P 500 Bull 3X ETF	0.57%	0.69%	0.74%	0.98%	0.32%	0.11%	0.22%	0.84%	1.02%	3.88%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ACIC and SPXL in my portfolio?

ACIC and SPXL have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ACIC or SPXL?

SPXL has higher volatility (14.70%) compared to ACIC (7.80%). In terms of maximum drawdown, ACIC dropped -98.73% vs SPXL's -76.86%.

Which has better risk-adjusted returns?

SPXL currently has the higher Sharpe Ratio (1.69 vs 0.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.