Global X Defense Tech ETF vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? Global X Defense Tech ETF trades at $60.14, while Direxion Daily S&P 500 Bull 3X Shares trades at $270.65. The key difference: Direxion Daily S&P 500 Bull 3X Shares is trading nearer its 52-week high, Global X Defense Tech ETF nearer its low. Which is the better fit depends on your goals.
| SHLD | SPXL | |
|---|---|---|
Sector | Sector/Thematic | Leveraged / Inverse |
52-Week High | $78.02 | $288.04 |
52-Week Low | $58.20 | $170.20 |
Trailing returns across standard periods
SHLD tracks the Global X Defense Tech Index, targeting companies that lead the technological transformation of the defense sector. It focuses on pure-play innovators in cybersecurity, artificial intelligence, robotics, and advanced military systems, excluding traditional commercial aerospace to maintain a high level of thematic purity.
Read more on SHLD →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 →