SPXL
Direxion Daily S&P 500 Bull 3X Shares
3x daily leveraged bull ETF on the S&P 500. Seeks 300% of the S&P 500's daily return. Extremely volatile — NOT for buy-and-hold investors.
TER
0.97%
AUM
$4B
Holdings
—
Data Range
— → —
Backtest Data Proxy
⚠️ NOT SUITABLE FOR BACKTEST: Leveraged ETFs reset daily. Multi-day returns diverge significantly from the index due to compounding.
Key Facts
ISIN
US25459W5408
Issuer
Direxion
Benchmark
S&P 500 Index (3x daily)
Total Expense Ratio (TER)
0.97%
Assets Under Management
$4B approx.
Inception Date
2008-11-05
Domicile
US
Legal Structure
Open-End Fund
Dividend Policy
Accumulating (auto-reinvests)
Replication Method
Synthetic (Swap-Based)
UCITS Status
✗ Not UCITS
Fund Currency
USD
Primary Exchange
NYSE Arca
Number of Holdings
N/A
Equivalent ETFs
These ETFs track the same or very similar underlying index:
Who Is This ETF For?
✓Investors preferring automatic dividend reinvestment (no tax event on distributions in many jurisdictions).
Key Risks to Consider
• Market risk: equity values can drop 30-50% in severe bear markets.
• Non-UCITS: may have unfavorable tax treatment for non-US investors (US estate tax, withholding tax).
Similar ETFs
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Data & Methodology
Metadata sourced from official issuer documentation. Price data from Yahoo Finance (monthly adjusted close, includes reinvested dividends and splits). AUM figures are approximate and updated quarterly.
Data source: Yahoo Finance (SPXL), Direxion (metadata)Last verified: 2026-05-06