URSIX vs. SPXL
Compare and contrast key facts about USAA Target Retirement 2060 Fund (URSIX) and Direxion Daily S&P 500 Bull 3X Shares (SPXL).
URSIX is managed by Victory Capital. It was launched on Jul 11, 2013. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: URSIX or SPXL.
Correlation
The correlation between URSIX and SPXL is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
URSIX vs. SPXL - Performance Comparison
Key characteristics
URSIX:
1.28
SPXL:
1.42
URSIX:
1.77
SPXL:
1.87
URSIX:
1.23
SPXL:
1.25
URSIX:
1.50
SPXL:
2.21
URSIX:
6.88
SPXL:
8.07
URSIX:
2.01%
SPXL:
6.66%
URSIX:
10.82%
SPXL:
38.04%
URSIX:
-31.42%
SPXL:
-76.86%
URSIX:
-1.51%
SPXL:
-6.41%
Returns By Period
In the year-to-date period, URSIX achieves a 3.24% return, which is significantly lower than SPXL's 4.78% return. Over the past 10 years, URSIX has underperformed SPXL with an annualized return of 4.63%, while SPXL has yielded a comparatively higher 23.34% annualized return.
URSIX
3.24%
0.14%
2.78%
12.19%
5.23%
4.63%
SPXL
4.78%
-4.35%
14.11%
44.46%
20.23%
23.34%
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URSIX vs. SPXL - Expense Ratio Comparison
URSIX has a 0.10% expense ratio, which is lower than SPXL's 1.02% expense ratio.
Risk-Adjusted Performance
URSIX vs. SPXL — Risk-Adjusted Performance Rank
URSIX
SPXL
URSIX vs. SPXL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Target Retirement 2060 Fund (URSIX) 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.
Dividends
URSIX vs. SPXL - Dividend Comparison
URSIX's dividend yield for the trailing twelve months is around 2.41%, more than SPXL's 0.70% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
URSIX USAA Target Retirement 2060 Fund | 2.41% | 2.48% | 1.67% | 2.39% | 4.81% | 1.53% | 2.14% | 2.09% | 1.75% | 2.69% | 0.10% | 1.65% |
SPXL Direxion Daily S&P 500 Bull 3X Shares | 0.70% | 0.74% | 0.98% | 0.33% | 0.11% | 0.22% | 0.84% | 1.02% | 3.88% | 0.00% | 0.00% | 0.00% |
Drawdowns
URSIX vs. SPXL - Drawdown Comparison
The maximum URSIX drawdown since its inception was -31.42%, smaller than the maximum SPXL drawdown of -76.86%. Use the drawdown chart below to compare losses from any high point for URSIX and SPXL. For additional features, visit the drawdowns tool.
Volatility
URSIX vs. SPXL - Volatility Comparison
The current volatility for USAA Target Retirement 2060 Fund (URSIX) is 2.74%, while Direxion Daily S&P 500 Bull 3X Shares (SPXL) has a volatility of 10.07%. This indicates that URSIX 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.