POET vs. SPXL

Last updated Apr 2, 2026

Compare and contrast key facts about POET Technologies Inc (POET) and Direxion Daily S&P 500 Bull 3X Shares (SPXL).

SPXL is a passively managed fund by Direxion that tracks the performance of the S&P 500 Index (300%). It was launched on Nov 5, 2008.

Performance

POET vs. SPXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in POET Technologies Inc (POET) and Direxion Daily S&P 500 Bull 3X Shares (SPXL). The values are adjusted to include any dividend payments, if applicable.

POET vs. SPXL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
POET POET Technologies Inc	-11.53%	6.39%	536.09%	-69.03%	-57.46%	9.79%	130.96%	38.41%	19.00%	-29.75%
SPXL Direxion Daily S&P 500 Bull 3X Shares	-14.06%	31.94%	63.61%	69.49%	-56.55%	98.75%	9.64%	102.80%	-25.11%	71.03%

Returns By Period

In the year-to-date period, POET achieves a -11.53% return, which is significantly higher than SPXL's -14.06% return. Over the past 10 years, POET has underperformed SPXL with an annualized return of -2.44%, while SPXL has yielded a comparatively higher 25.61% annualized return.

POET

• 1D: -5.72%
• 1M: -18.96%
• YTD: -11.53%
• 6M: -5.72%
• 1Y: 52.59%
• 3Y*: 13.01%
• 5Y*: -9.84%
• 10Y*: -2.44%

SPXL

• 1D: 2.30%
• 1M: -13.75%
• YTD: -14.06%
• 6M: -11.40%
• 1Y: 34.55%
• 3Y*: 38.52%
• 5Y*: 17.51%
• 10Y*: 25.61%

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

Return for Risk

POET vs. SPXL — Risk / Return Rank

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

POET

POET Risk / Return Rank: 62
POET Sharpe Ratio Rank: 59
POET Sortino Ratio Rank: 68
POET Omega Ratio Rank: 62
POET Calmar Ratio Rank: 60
POET Martin Ratio Rank: 59

SPXL

SPXL Risk / Return Rank: 40
SPXL Sharpe Ratio Rank: 32
SPXL Sortino Ratio Rank: 41
SPXL Omega Ratio Rank: 45
SPXL Calmar Ratio Rank: 40
SPXL Martin Ratio Rank: 44

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.

POET vs. SPXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for POET Technologies Inc (POET) and Direxion Daily S&P 500 Bull 3X Shares (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.

	POET	SPXL	Difference
Sharpe ratio Return per unit of total volatility	0.54	0.64	-0.10
Sortino ratio Return per unit of downside risk	1.55	1.22	+0.34
Omega ratio Gain probability vs. loss probability	1.17	1.18	-0.01
Calmar ratio Return relative to maximum drawdown	0.88	1.07	-0.19
Martin ratio Return relative to average drawdown	1.84	4.25	-2.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

POET vs. SPXL - Sharpe Ratio Comparison

The current POET Sharpe Ratio is 0.54, which is comparable to the SPXL Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of POET and SPXL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	POET	SPXL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.54	0.64	-0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.10	0.35	-0.45
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.03	0.48	-0.51
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	0.48	-0.49

Correlation

The correlation between POET and SPXL is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

POET vs. SPXL - Dividend Comparison

POET has not paid dividends to shareholders, while SPXL's dividend yield for the trailing twelve months is around 0.78%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
POET POET Technologies Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPXL Direxion Daily S&P 500 Bull 3X Shares	0.78%	0.69%	0.74%	0.98%	0.32%	0.11%	0.22%	0.84%	1.02%	3.88%

Drawdowns

POET vs. SPXL - Drawdown Comparison

The maximum POET drawdown since its inception was -93.47%, which is greater than SPXL's maximum drawdown of -76.86%. Use the drawdown chart below to compare losses from any high point for POET and SPXL.

Drawdown Indicators

	POET	SPXL	Difference
Max Drawdown Largest peak-to-trough decline	-93.47%	-76.86%	-16.61%
Max Drawdown (1Y) Largest decline over 1 year	-54.77%	-33.42%	-21.35%
Max Drawdown (5Y) Largest decline over 5 years	-93.47%	-63.80%	-29.67%
Max Drawdown (10Y) Largest decline over 10 years	-93.47%	-76.86%	-16.61%
Current Drawdown Current decline from peak	-52.54%	-18.62%	-33.92%
Average Drawdown Average peak-to-trough decline	-61.29%	-15.85%	-45.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.18%	8.42%	+17.76%

Volatility

POET vs. SPXL - Volatility Comparison

POET Technologies Inc (POET) has a higher volatility of 28.64% compared to Direxion Daily S&P 500 Bull 3X Shares (SPXL) at 16.04%. This indicates that POET's price experiences larger fluctuations and is considered to be riskier than SPXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	POET	SPXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.64%	16.04%	+12.60%
Volatility (6M) Calculated over the trailing 6-month period	78.77%	28.52%	+50.25%
Volatility (1Y) Calculated over the trailing 1-year period	98.73%	54.32%	+44.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.36%	50.26%	+47.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	95.03%	53.36%	+41.67%