Direxion Daily S&P500 Bull 3X Shares (SPXL) ETF Analysis

Fund Overview

Direxion Daily S&P500 Bull 3X Shares (SPXL) is an exchange-traded fund in the Trading--Leveraged Equity category. Direxion Funds is the fund family on file. It has been trading since November 5, 2008. Total net assets stand at $6.97B. The expense ratio is 0.84%. On a $10,000 position that is $84.00 a year.

Its biggest positions are NVIDIA Corp (NVDA), Apple Inc (AAPL), and Microsoft Corp (MSFT). NVIDIA Corp alone accounts for 5.61% of the portfolio.

Performance Analysis

SPXL last closed at $290.29 on September 4, 2026. The trailing one-year price return is +48.25%. The stored price history starts on February 7, 2025, and the total return since then is +64.09%. The fund distributes at a trailing yield of 0.5%. The provider also reports a 3 years average return of +48.39%.

2026 is still running; the price is +31.59% year to date.

Price & Risk Profile

Annualized volatility over the trailing 1 year is 38.49%. Beta against the wider market is reported at 3.12. Over the past 52 weeks the price has ranged from $168.04 to $303.18. The latest close sits 72.75% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.