Direxion Daily S&P500 Bull 3X Shares SPXL · AMEX
$280.51 -3.56% (-$10.36)
Summary
Direxion Daily S&P500 Bull 3X Shares is an ETF - a fund traded on an exchange like a stock - run by Direxion. Positions inside: 515. The ten largest make up 255% of the fund.
- Yearly costs
- 0.95%
- Fund size
- $7.18B
- Positions
- 515
- Dividend yield
- 0.52%
- Running since
- 2008
What speaks for it
- A large fund with $7.18B under management.
- Easy to buy and sell: about $474.7M changes hands a day.
- Average yearly growth over the last ten years: 28%.
- It has been running since 2008.
What to watch
- The ten largest positions make up 255% of the fund, so its result rests on a few names.
- 82% of the fund is in one country (United States).
- Costs of 0.95% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 64% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -2.5%
- 3 months
- +7.8%
- This year
- +27%
- 1 year
- +31%
- 3 years
- +281%
- 5 years
- +124%
- 10 years
- +1,097%
- Avg. market cap
- $2.52T
- P/E
- 26.3x
- Forward P/E
- 23.4x
- P/S
- 6.1x
- P/B
- 7.7x
- P/FCF
- 34.8x
- EV/EBITDA
- 19.7x
- Dividend yield
- 0.70%
- ROIC
- 27.5%
- ROE
- 60.1%
- Gross margin
- 59.2%
- Operating margin
- 34.9%
- Net margin
- 32.9%
- Payout ratio
- 18.4%
- Net debt/EBITDA
- 0.5x
- Beta
- 3.03
Weighted average of the 50 largest companies, which make up 45% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 SPX SWAP ASSET LEG (SPXMLL) 55%
- 2 SPX SWAP ASSET LEG (SPXGSL) 54%
- 3 SPX SWAP ASSET LEG (SPXJPL) 50%
- 4 SPX SWAP ASSET LEG (SPXUBL) 27%
- 5 SPX SWAP ASSET LEG (SPXBPL) 24%
- 6 DREYFUS TRSRY SECURITIES CASH MGMT 11%
- 7 SPX SWAP ASSET LEG (SPXCTL) 11%
- 8 SPX SWAP ASSET LEG (SPXBCL) 9.6%
- 9 DREYFUS GOVT CASH MAN INS 8.6%
- 10 NVNvidia NVDA 5.5%
Positions in the fund: 515. The ten largest make up 255% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Technology 8.4%
- Financials 2.4%
- Communication services 2.1%
- Healthcare 2.0%
- Consumer cyclical 1.9%
- Other 83%
By country
- United States 82%
- Ireland 1.0%
- United Kingdom 0.4%
- Switzerland 0.3%
- Other countries 17%
By company size
- Mega cap 65%
- Large cap 35%
- Mid cap 0.2%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 70% of the fund.
Largest sector: Technology (8.4%). Largest country: United States (82%). Largest size group: Mega cap (65%).
What does it cost me?
Expensive- A year from $10,000
- $95.00
- Over 20 years
- $4,410
From every $10,000 invested the fund takes $95.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,410.
How has it done?
Growing over the long run- A year on average, 10 years
- +28%
- Deepest drop
- -64%
- Yearly volatility
- 38%
Average yearly growth over the last ten years: 28%. Deepest drop in these years: 64% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.52%
- Payments a year
- 4
- Last payment
- $0.31
Over the last 12 months it paid $1.45 per share, which is 0.52% of today's price. The last payment was $0.31 on Sep 22, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $474.7M
- Shares a day
- 1.7M
On an average day about $474.7M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 26.3
- Average Bulios Score
- 73 out of 100
Weight by Bulios Fair Price
- Undervalued 11%
- Fairly valued 3.8%
- Overvalued 86%
On average the companies inside trade for 26.3 times their yearly profit. By Fair Price, 86% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 45% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
IV IVVW iShares S&P 500 BuyWrite ETF | United States | 0.25% | $347.7M | -3.2% | Pays out | 70% |
HC HCMT Direxion HCM Tactical Enhanced US ETF | United States | 1.18% | $582.6M | +9.3% | Pays out | 70% |
15 1557.T State Street SPDR S&P 500 ETF | United States | 0.09% | $823.4B | +20% | Pays out | 70% |
FB FB Meta Platforms, Inc. | United States | 0.58% | $1.83M | +11% | Pays out | 70% |
SC SCHB Schwab U.S. Broad Market ETF | United States | 0.03% | $44.4B | +15% | Pays out | 70% |
XT XTR Global X S&P 500 Tail Risk ETF | United States | 0.25% | $4.90M | -4.9% | Pays out | 70% |
