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Direxion Daily S&P 500 Bull 3X Shares
SPXL performance and flow charts
Performance
Flows
Historic performance and flows
Data as of April 21, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +21.98% | +5.00% | +5.74% | +127.89% | +222.64% | +146.15% |
| Flows | -$480M | -$510M | -$658M | -$1.74B | -$2.11B | -$1.34B |
Characteristics
The Direxion Daily S&P 500 Bull 3X Shares is built to track the S&P 500 Daily Total Return Index - USD. This ETF provides synthetic exposure - by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap. This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Leveraged |
| Provider | Direxion |
| N° of holdings | |
| Replication method | Indirect |
| Asset class | Equity |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | November 5, 2008 |
| ESG | No |
More data and info about SPXL on Trackinsight
SPXL's exposure
This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +45.20% | +38.61% | +44.90% | +51.73% |
Max drawdown | -26.42% | -26.79% | -49.12% | -63.81% |
Max drawdown duration | 79d | 94d | 228d | 890d |
Time to recover | 18d | 18d | 108d | 609d |
Replication quality
Data as of April 23, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is SPXL?
SPXL is a Passive ETF that provides exposure to Equity assets. It is managed by Direxion.
What index does SPXL track?
SPXL tracks the S&P 500 Daily Total Return Index - USD, aiming to replicate its performance through unfunded swap.
What does SPXL invest in?
This ETF provides leveraged exposure (3x) to Large Cap US Equities. It is part of the segment: Leveraged Equity.
What is the expense ratio of SPXL?
The total expense ratio (TER) of SPXL is 0.93%, representing the annual fee charged by the fund manager.
When was SPXL launched?
SPXL was launched on November 5, 2008, marking its entry into the ETF market.
Who is the issuer of SPXL?
SPXL is issued by Direxion.
What is the AUM of SPXL?
As of April 21, 2026, SPXL manages $5.47 B, reflecting the total assets held in the fund.
How has SPXL performed recently?
As of April 21, 2026, SPXL delivered a return of 21.98% over the past month (1M performance), 5% over the past three months (3M), and 5.74% year-to-date (YTD).
What are the recent fund flows for SPXL?
As of April 21, 2026, SPXL has seen net flows of -$480M in the past month (1M flow) and -$658M year-to-date (YTD).
Does SPXL pay dividends?
As of April 21, 2026, SPXL has a trailing 12-month distribution yield of 0.64%.
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