Invesco S&P 500 High Div Low Volatility ETF vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? Invesco S&P 500 High Div Low Volatility ETF trades at $52.18, while Direxion Daily S&P 500 Bull 3X Shares trades at $270.55. Which is the better fit depends on your goals.
| SPHD | SPXL | |
|---|---|---|
52-Week High | $53.18 | $288.04 |
52-Week Low | $46.96 | $170.20 |
Sector | — | Leveraged / Inverse |
Trailing returns across standard periods
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, S&P Dow Jones Indices LLC (the “index Provider”) compiles, maintains and calculates the underlying index, which is designed to measure the performance of 50 least volatile high yielding constituents of the S&P 500 ® Index in the past year.
Read more on SPHD →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 →