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

ETF | Trading--Leveraged Equity | NYSE Arca

Last Closing

USD 134.03

Change

-0.05 (-0.04)%

Market Cap

USD 0.55B

Volume

3.84M

Analyst Target

N/A
Analyst Rating

Verdict

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: 2024-03-28 )

Largest Industry Peers for Trading--Leveraged Equity

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

+3.98 (+12.78%)

USD 11.53B
QLD ProShares Ultra QQQ 0.95 %

+4.80 (+5.11%)

USD 5.39B
FNGU MicroSectors FANG+ Index 3X Le.. 0.00 %

+39.02 (+10.21%)

USD 5.13B
SSO ProShares Ultra S&P500 0.90 %

+2.94 (+3.42%)

USD 4.50B
UPRO ProShares UltraPro S&P500 0.92 %

+4.09 (+5.08%)

USD 3.53B
TECL Direxion Daily Technology Bull.. 1.17 %

+6.52 (+8.36%)

USD 3.15B
LABU Direxion Daily S&P Biotech Bul.. 1.14 %

+6.50 (+4.73%)

USD 0.94B
USD ProShares Ultra Semiconductors 0.95 %

+8.45 (+7.99%)

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

+8.40 (+8.17%)

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

+2.27 (+10.41%)

USD 0.76B

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 28.89% 91% A- 95% A
Dividend Return 0.38% 70% C- 23% F
Total Return 29.27% 91% A- 95% A
Trailing 12 Months  
Capital Gain 90.84% 88% B+ 97% N/A
Dividend Return 1.64% 55% F 24% F
Total Return 92.48% 88% B+ 96% N/A
Trailing 5 Years  
Capital Gain 186.63% 85% B 93% A
Dividend Return 5.32% 74% C 18% F
Total Return 191.95% 85% B 92% A
Average Annual (5 Year Horizon)  
Capital Gain 29.64% 72% C 90% A-
Dividend Return 30.17% 73% C 90% A-
Total Return 0.54% 59% D- 14% F
Risk Return Profile  
Volatility (Standard Deviation) 70.37% 57% F 12% F
Risk Adjusted Return 42.88% 88% B+ 70% C-
Market Capitalization 0.55B 94% A 71% C-

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.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.