SPXL:ARCA-Direxion Daily S&P 500 Bull 3X Shares (USD)

ETF | Trading--Leveraged Equity | NYSE Arca

Last Closing

USD 134.51

Change

-8.02 (-5.63)%

Market Cap

USD 0.55B

Volume

0.01B

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P 500? Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the S&P 500? Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: swap agreements; futures contracts; options; reverse repurchase agreements; exchange-traded funds ("ETFs"); and other financial instruments. The index is a capitalization-weighted index composed of 500 common stocks. The fund is non-diversified.

Inception Date: 05/11/2008

Primary Benchmark: S&P 500 TR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 0.97%

Management Expense Ratio: 1.00 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-08-02 )

Largest Industry Peers for Trading--Leveraged Equity

Symbol Name Mer Price(Change) Market Cap
SOXL Direxion Daily Semiconductor B.. 1.10 %

-0.18 (-0.51%)

USD 11.31B
QLD ProShares Ultra QQQ 0.95 %

+0.39 (+0.38%)

USD 7.34B
FNGU MicroSectors FANG+ Index 3X Le.. 0.00 %

+7.97 (+1.76%)

USD 5.64B
SSO ProShares Ultra S&P500 0.90 %

-0.29 (-0.31%)

USD 5.41B
UPRO ProShares UltraPro S&P500 0.92 %

-0.43 (-0.48%)

USD 4.11B
TECL Direxion Daily Technology Bull.. 1.17 %

+1.39 (+1.50%)

USD 3.52B
YINN Direxion Daily FTSE China Bull.. 1.02 %

-1.43 (-4.04%)

USD 2.28B
USD ProShares Ultra Semiconductors 0.95 %

+5.84 (+4.30%)

USD 1.30B
LABU Direxion Daily S&P Biotech Bul.. 1.14 %

-6.53 (-4.98%)

USD 0.99B
DPST Direxion Daily Regional Banks .. 1.02 %

-10.24 (-8.93%)

USD 0.85B

ETFs Containing SPXL

GTAA 0.00 % 1.25 %

N/A

N/A
LGH HCM Defender 500 Index ET.. 0.00 % 0.00 %

-0.07 (-0.13%)

USD 0.42B

Market Performance

  Market Performance vs. Industry/Classification (Trading--Leveraged Equity) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 29.35% 89% A- 94% A
Dividend Return 0.70% 54% F 19% F
Total Return 30.05% 89% A- 94% A
Trailing 12 Months  
Capital Gain 47.98% 92% A 95% A
Dividend Return 1.35% 48% F 19% F
Total Return 49.33% 92% A 95% A
Trailing 5 Years  
Capital Gain 165.46% 88% B+ 93% A
Dividend Return 4.99% 71% C- 15% F
Total Return 170.46% 88% B+ 93% A
Average Annual (5 Year Horizon)  
Capital Gain 38.04% 73% C 92% A
Dividend Return 38.62% 73% C 92% A
Total Return 0.58% 57% F 13% F
Risk Return Profile  
Volatility (Standard Deviation) 69.10% 54% F 11% F
Risk Adjusted Return 55.89% 90% A- 75% C
Market Capitalization 0.55B N/A N/A N/A N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

What to not like:

There is nothing we particularly dislike