Direxion FundsLeveraged EquitySPXL · NYSE Arca

Direxion Daily S&P 500 Bull 3X ETF (SPXL)

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Price: $282.93; —11 Sept 2026
Assets: $7B; Total net assets
Expense ratio: 0.84%; Category 0.00%
Yield: 0.50%; Trailing distributions

1Y return: 39.9%+7.6%; Category 32.3%
3Y CAGR: 47.6%+22.2%; Category 25.3%
5Y CAGR: 19.8%+13.7%; Category 6.1%

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Direxion Daily S&P 500 Bull 3X ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-4.2%	+6.5%	+44.7%	+28.8%	+39.9%	+47.6%	+19.8%	+29.8%	+28.4%
Leveraged Equity average	-3.1%	-7.2%	21.2%	13.2%	32.3%	25.3%	6.1%	9.5%	-5.3%
Difference	-1.1%	+13.7%	+23.6%	+15.6%	+7.6%	+22.2%	+13.7%	+20.3%	+33.7%

Holdings

The 1 largest positions make up 1.9% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
NVDA	NVIDIA Corp	1.89%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 24.8
P/B: 5.3
P/S: 3.7
P/CF: 19.0

Sector allocation

Share of the equity the fund holds.

Technology38.7%
Financial services12.1%
Communication services9.5%
Consumer discretionary9.3%
Health care9.3%
Industrials7.8%
Consumer staples4.5%
Energy3.5%
Utilities2.0%
Real estate1.8%
Materials1.7%

Asset mix

Other73.3%
Stocks23.3%
Cash3.4%

ETF details

Issuer: Direxion Funds
Category: Equity · Leveraged Equity
Ticker: SPXL
Exchange: NYSE Arca
Inception: 5 Nov 2008 (17.8 years)
Structure: Exchange Traded Fund
Expense ratio: 0.84% (category 0.00%)
Holdings turnover: 71%
Distribution yield: 0.50%
Beta, 3 years: 3.12
Total net assets: $7B

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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