Direxion Daily S&P 500 Bull 3X Shares vs iShares 10 20 Year Treasury Bond ETF — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.48, while iShares 10 20 Year Treasury Bond ETF trades at $97.83. The key difference: Direxion Daily S&P 500 Bull 3X Shares is trading nearer its 52-week high, iShares 10 20 Year Treasury Bond ETF nearer its low. Which is the better fit depends on your goals.
| SPXL | TLH | |
|---|---|---|
Sector | Leveraged / Inverse | Fixed Income |
52-Week High | $288.04 | $105.36 |
52-Week Low | $170.20 | $97.13 |
Trailing returns across standard periods
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 →TLH tracks the ICE U.S. Treasury 10-20 Year Bond Index, offering targeted exposure to intermediate-to-long term government debt. It serves as a middle ground between the 7-10 year (IEF) and 20+ year (TLT) ETFs, balancing yield and duration risk.
Read more on TLH →