^SP100 vs. SPXL

In the year-to-date period, ^SP100 achieves a -0.19% return, which is significantly higher than SPXL's -9.94% return. Over the past 10 years, ^SP100 has underperformed SPXL with an annualized return of 12.02%, while SPXL has yielded a comparatively higher 21.54% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for S&P 100 Index (^SP100) 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 ^SP100 Sharpe Ratio is 0.72, which is higher than the SPXL Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of ^SP100 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.

The maximum ^SP100 drawdown since its inception was -61.31%, smaller than the maximum SPXL drawdown of -76.86%. Use the drawdown chart below to compare losses from any high point for ^SP100 and SPXL.

The current volatility for S&P 100 Index (^SP100) is 5.03%, while Direxion Daily S&P 500 Bull 3X Shares (SPXL) has a volatility of 14.30%. This indicates that ^SP100 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.