SPXC vs. SPXL

In the year-to-date period, SPXC achieves a 62.34% return, which is significantly lower than SPXL's 67.17% return. Over the past 10 years, SPXC has underperformed SPXL with an annualized return of 21.69%, while SPXL has yielded a comparatively higher 23.90% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for SPX Corporation (SPXC) 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.

The current SPXC Sharpe Ratio is 2.72, which is comparable to the SPXL Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of SPXC 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.

SPXC has not paid dividends to shareholders, while SPXL's dividend yield for the trailing twelve months is around 0.71%.

The maximum SPXC drawdown since its inception was -81.12%, which is greater than SPXL's maximum drawdown of -76.86%. Use the drawdown chart below to compare losses from any high point for SPXC and SPXL. For additional features, visit the drawdowns tool.

SPX Corporation (SPXC) has a higher volatility of 14.27% compared to Direxion Daily S&P 500 Bull 3X Shares (SPXL) at 12.26%. This indicates that SPXC'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.