Invesco S&P 500 Low Volatility ETF vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? Invesco S&P 500 Low Volatility ETF trades at $71.98 (market cap $6.94B), while Direxion Daily S&P 500 Bull 3X Shares trades at $295.49 (market cap $7.36B). The key difference: Invesco S&P 500 Low Volatility ETF and Direxion Daily S&P 500 Bull 3X Shares are close in size by market cap, and Direxion Daily S&P 500 Bull 3X Shares is trading nearer its 52-week high, Invesco S&P 500 Low Volatility ETF nearer its low. Which is the better fit depends on your goals — on Pluang, investors hold Invesco S&P 500 Low Volatility ETF for 123 Days and Direxion Daily S&P 500 Bull 3X Shares for 32 Days on average.
| SPLV | SPXL | |
|---|---|---|
Market Cap | $6.94B | $7.36B |
Volume | 1,663,703 | 1,835,467 |
52-Week High | $77.97 | $301.38 |
52-Week Low | $70.30 | $170.20 |
Typical Hold Time | 123 Days | 32 Days |
Sector | — | Leveraged / Inverse |
Signals from Pluang's Aura AI — not financial advice
SPLV trades at $71.99, up 1.08% with a bearish technical outlook from moving averages. The ETF's sector overweights in Utilities, Real Estate, and Financials have contributed to underperformance versus the S&P 500. Recent dividend payments of $0.14 provide income support, while technical indicators show mixed signals with neutral oscillators.
Outlook remains cautious due to sector headwinds and unappealing growth-adjusted valuation. The fund's low-volatility focus offers defensive positioning amid market uncertainty, though continued underperformance relative to broader market indexes presents near-term challenges for total return investors.
SPXL trades at $296.84, down 0.79% on the day, with technical indicators showing a bullish trend supported by moving averages. The ETF maintains neutral oscillator signals while approaching key resistance at $299. Recent market sentiment reflects mixed outlooks for S&P 500 performance amid earnings growth concerns and seasonal patterns.
The leveraged ETF's performance remains tied to S&P 500 movements, with Wall Street projecting potential upside but facing headwinds from expected earnings growth slowdown. Key risks include market concentration in top holdings and geopolitical uncertainties affecting broader market volatility.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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 the 100 least volatile constituents of the S&P 500 ® Index over the past 12 months as determined by the index Provider.
Read more on SPLV →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 →