Direxion Daily S&P 500 Bull 3x Shares (SPXL)
| Assets | $3.39B |
| Expense Ratio | 1.00% |
| PE Ratio | 26.75 |
| Shares Out | n/a |
| Dividend (ttm) | $0.84 |
| Dividend Yield | 0.91% |
| Ex-Dividend Date | Sep 19, 2023 |
| Payout Ratio | 24.24% |
| 1-Year Return | +30.01% |
| Volume | 11,694,302 |
| Open | 91.80 |
| Previous Close | 93.92 |
| Day's Range | 91.03 - 92.64 |
| 52-Week Low | 58.61 |
| 52-Week High | 99.20 |
| Beta | n/a |
| Holdings | 514 |
| Inception Date | Nov 5, 2008 |
About SPXL
Fund Home PageThe Direxion Daily S&P 500 Bull 3x Shares (SPXL) is an exchange-traded fund that is based on the S&P 500 index. The fund provides daily leveraged exposure to a market-cap-weighted index of 500 large-cap and mid-cap US companies selected by the S&P Committee. SPXL was launched on Nov 5, 2008 and is issued by Direxion.
Top 10 Holdings
251.76% of assets| Name | Symbol | Weight |
|---|---|---|
| S&P 500 INDEX SWAP | n/a | 39.35% |
| S&P 500 INDEX SWAP | n/a | 36.60% |
| S&P 500 INDEX SWAP | n/a | 36.28% |
| S&P 500 INDEX SWAP | n/a | 31.16% |
| S&P 500 INDEX SWAP | n/a | 29.72% |
| S&P 500 INDEX SWAP | n/a | 27.58% |
| S&P 500 INDEX SWAP | n/a | 22.43% |
| DREYFUS GOVT CASH MAN INS | n/a | 12.85% |
| GOLDMAN FINL SQ TRSRY INST 506 | n/a | 10.20% |
| Apple Inc. | AAPL | 5.58% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 19, 2023 | $0.19445 | Sep 26, 2023 |
| Jun 21, 2023 | $0.25846 | Jun 28, 2023 |
| Mar 21, 2023 | $0.26189 | Mar 28, 2023 |
| Dec 20, 2022 | $0.12356 | Dec 28, 2022 |
| Jun 22, 2022 | $0.07763 | Jun 29, 2022 |
| Dec 21, 2021 | $0.11481 | Dec 29, 2021 |
News
S&P 500 Winning Streak Could Extend Through 2024
.As 2023 comes to a close, there's seemingly an abundance of optimism heading into 2024 when it comes to the S&P 500. If forecasts are correct, this should bode well for the Direxion Daily S&P 500 Bul...
S&P 500's Whirlwind: Big gains, warning whispers & tactical moves
The S&P 500 went into a new bullish trend in early November, with the SPDR S&P 500 ETF Trust NYSEARCA: SPY gapping up twice since its follow-through day on November 1. The index is up 7.73% in Novembe...
Fed Rate Pause Could Clear Path for Further S&P 500 Gains
Geopolitical factors and higher-for-longer interest rates have taken the steam out of 2023's equities rally the past few months. But the recent rate pause could clear the path for gains in the S&P 500...
Stock Market Pops Higher Ahead Of Big Retail Earnings Week: This Fund Offers A Return Of 300% - Direxion Daily S&P 500 Bull 3X Shares (ARCA:SPXL)
The SPDR S&P 500 SPY closed 0.55% higher on Monday after opening the trading session slightly lower with an inside bar pattern.
Investor Optimism Takes a Hit to Start August
Investor optimism could be taking a hit as recession fears are still swirling about in the capital markets. This could be contributing to a slow start in August, which is historically a tepid market m...
The SPY Flies Higher After Fed Reinstates Rate Hike Campaign: This Fund Offers 3X Leverage To Play The Upside - Direxion Daily S&P 500 Bull 3X Shares (ARCA:SPXL)
The SPDR S&P 500 SPY was edging higher Thursday despite the Federal Reserve reinstating its rate hike campaign, which the market had priced in leading up to the event.
Dissipating Inflation Fears Can Propel These ETFs Further
The impetus for a continued market rally through the second half of 2023 could be playing out as dissipating inflation fears could propel bullish leveraged exchange traded funds (ETFs) further.
This ETF Is the Apple of Every Bullish Trader's Eye
With the help of Apple gaining almost 50% this year, the Direxion Daily AAPL Bull 1.5X (AAPU) has risen over 70% thanks to the extra 50% leverage inherent in the fund. Apple's strength is also a bypro...
Wall Street Bulls and Bears Collide on Direction of S&P 500
With every bullish argument, there's usually a bearish counter. Per a Bloomberg report, Goldman Sachs and Morgan Stanley are at odds on which direction the S&P 500 will take.
SPY Climbs Higher In Lead Up To Fed Decision: This ETF Offers 3X Leverage To Upside - Direxion Daily S&P 500 Bull 3X Shares (ARCA:SPXL)
The SPDR S&P 500 SPY was edging higher Wednesday, amid the countdown to the Federal Reserve's decision on interest rates.
A Surprise Influence in S&P 500 Earnings? The Dollar
By Jeremy Schwartz, CFA Global Chief Investment Officer Follow Jeremy Schwartz @JeremyDSchwartz There is an important factor impacting the earnings of S&P 500 companies that also carries implications ...
Bullish S&P 500 Bets On Rise, Thanks To Retail Traders
Sometimes a metric can portend to a contrarian view as opposed to confirming a trend. That's the case with the IG Client Sentiment (IGCS), which could suggest that retail traders are ready to continue...
Lingering Volatility Could Keep These 4 ETFs in Play
Federal Reserve interest rate policy and recession fears will continue to remain key risks for volatility, but other unforeseen events like the recent banking crises could keep investors on edge. As s...
Looking To Play The SPY Bullishly Following CPI Data? This ETF Offers 3X Leverage
The SPDR S&P 500 SPY gapped up about 0.7% higher on Wednesday, confirming a new daily uptrend after headline consumer price index data came in under economist estimates.
The S&P 500 will not break above its range soon, says Goldman Sachs. Here are 6 reasons why.
Stock futures on Friday point to Wall Street snapping a four-day losing streak, helped by strength in Apple shares after the tech giant's results — though doubtless the nonfarm payrolls report will ha...
Looking To Trade The S&P 500 During This Earnings Season? 2 Alternative ETFs Offer 3X Leverage
The SPDR S&P 500 SPY gapped down to open Monday's trading session, when the market ETF ran into a group of buyers who caused the SPY to climb from its low-of-day to erase its earlier loss.
Play the S&P 500 Volatility With These 2 ETFs
Bank collapses and interest rates are more than enough to inject a dose of volatility into the stock market, particularly the S&P 500. Within the past month, the CBOE Volatility Index (VIX) is up almo...
Stable Earnings Expectations Should Keep S&P 500 Bulls Appeased
Despite inflation and rising interest rate fears creeping back into the capital markets, the S&P 500 is still up 5% year-to-date. Another catalyst for S&P 500 bulls is relatively stable earnings despi...
January Inflation Report Put These 4 ETFs on a Roller Coaster Ride
Inflation reports will certainly move the markets in 2023 the same way they did in 2022 — at least until the U.S. Federal Reserve feels it has inflation relatively under control, but that could take s...
While The S&P 500 Consolidates Over Key Indicator, This 3X Leveraged ETF Looks Set To Blast Through It
Direxion Daily S&P 500 Bull 3X SPXL was popping up almost 2% higher on Tuesday after a bearish day on Monday saw the ETF close down 3.96%. The ETF recently broke up from a cup-and-handle pattern, whic...
2 ETFs to Consider After Better-Than-Expected Q4 GDP
GDP growth was better than expected in the fourth and final quarter of 2022, giving investors hope heading into 2023 that bullishness will reign. Thus far, that's been the case with the major stock ma...
Bullish Or Bearish On The SPY? These Direxion ETFs Offer 3X Leverage
The SPDR S&P 500 SPY closed 0.39% higher on Friday, recapturing the 200-day simple moving average (SMA) after struggling at the level intraday.
S&P 500 Could Rise in the Short Term, But Long Term Still Unknown
There's optimism heading into 2023 for the S&P 500 and after a forgettable 2022, it's justified. However, that could just be short-term positivity since the long-term prospects still reveal a lot of u...