SPXL, as a levered product, is not a buy-and-hold ETF, it's a short-term tactical instrument for getting 3x exposure to the S&P 500. The fund gets the added exposure by using futures contracts and other derivatives. The underlying companies are among the biggest and most well-known in the world. Importantly, the implication of SPXL's daily rebalancing is that holding-period returns longer than a day are unlikely to resemble 3x exposure to the S&P 500. Shorter holding periods increase the importance of trading costs relative to yearly management costs, which are fairly high but average for this segment. Over longer periods, returns can vary significantly from 2x exposure to its underlying index Effective February 27, 2026, the fund replaced the term Shares in its name with ETF.
Direxion Daily S&P 500 Bull 3X Shares (SPXL) trades at $280.41, down 3.60% on the day, as of Oct 23, 2026 00:43 UTC.
Direxion Daily S&P 500 Bull 3X Shares has a market capitalisation of $6.94B, calculated from the live SPXL share price and shares outstanding.
Direxion Daily S&P 500 Bull 3X Shares generated revenue of $0.00 over the trailing twelve months.
SPXL has traded between $168.04 and $303.18 over the past 52 weeks, and the last price is 7.5% below that high.
Direxion Daily S&P 500 Bull 3X Shares is classified under the Financial Services sector and the Asset Management industry, and is domiciled in US.
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