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

ETF | Trading--Leveraged Equity | NYSE Arca

Last Closing

USD 151.35

Change

+3.68 (+2.49)%

Market Cap

USD 0.55B

Volume

3.86M

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: 2024-09-12 )

Largest Industry Peers for Trading--Leveraged Equity

Symbol Name Mer Price(Change) Market Cap
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N/A

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FNGU MicroSectors FANG+ Index 3X Le.. 0.00 %

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SSO ProShares Ultra S&P500 0.90 %

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UPRO ProShares UltraPro S&P500 0.92 %

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TECL Direxion Daily Technology Bull.. 1.17 %

-0.42 (-0.52%)

USD 2.51B
LABU Direxion Daily S&P Biotech Bul.. 1.14 %

-1.09 (-0.78%)

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USD ProShares Ultra Semiconductors 0.95 %

-1.12 (-1.02%)

USD 0.86B
DPST Direxion Daily Regional Banks .. 1.02 %

+2.68 (+2.72%)

USD 0.77B
YINN Direxion Daily FTSE China Bull.. 1.02 %

+0.84 (+3.95%)

USD 0.71B

ETFs Containing SPXL

GTAA 0.00 % 1.25 %

N/A

N/A

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 45.54% 91% A- 96% N/A
Dividend Return 0.70% 54% F 17% F
Total Return 46.25% 91% A- 96% N/A
Trailing 12 Months  
Capital Gain 65.54% 88% B+ 96% N/A
Dividend Return 1.35% 41% F 19% F
Total Return 66.88% 89% A- 96% N/A
Trailing 5 Years  
Capital Gain 180.49% 91% A- 94% A
Dividend Return 4.69% 68% D+ 14% F
Total Return 185.17% 89% A- 93% A
Average Annual (5 Year Horizon)  
Capital Gain 38.44% 72% C 92% A
Dividend Return 39.03% 72% C 92% A
Total Return 0.59% 57% F 14% F
Risk Return Profile  
Volatility (Standard Deviation) 69.57% 55% F 12% F
Risk Adjusted Return 56.10% 90% A- 74% 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