State Street SPDR Bloomberg 1-3 Month T-Bill ETF vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? State Street SPDR Bloomberg 1-3 Month T-Bill ETF trades at $91.5, while Direxion Daily S&P 500 Bull 3X Shares trades at $295.5. The key difference: Direxion Daily S&P 500 Bull 3X Shares is trading nearer its 52-week high, State Street SPDR Bloomberg 1-3 Month T-Bill ETF nearer its low. Which is the better fit depends on your goals.
| BIL | SPXL | |
|---|---|---|
Sector | Fixed Income | Leveraged / Inverse |
52-Week High | $91.77 | $296.39 |
52-Week Low | $91.27 | $170.20 |
Trailing returns across standard periods
BIL tracks the performance of short-term U.S. Treasury bills with maturities between 1 and 3 months. It is designed for investors seeking a highly liquid, low-risk vehicle for cash management and capital preservation.
Read more on BIL →SPXL aims for 300% of the S&P 500's daily performance. It uses swaps and futures to provide 3x leverage, making it a high-risk tool for short-term traders. Due to daily resets, it is prone to volatility decay and is not intended for long-term holding.
Read more on SPXL →