Direxion Daily S&P 500 Bull 3X Shares vs ProShares UltraPro QQQ ETF — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $298.35 (market cap $7.36B), while ProShares UltraPro QQQ ETF trades at $81.3 (market cap $38.74B). The key difference: ProShares UltraPro QQQ ETF is far larger — about 5.3× Direxion Daily S&P 500 Bull 3X Shares's market cap, and ProShares UltraPro QQQ ETF is more actively traded (65,384,797 versus 1,835,467). Which is the better fit depends on your goals — on Pluang, investors hold Direxion Daily S&P 500 Bull 3X Shares for 32 Days and ProShares UltraPro QQQ ETF for 24 Days on average.
| SPXL | TQQQ | |
|---|---|---|
Market Cap | $7.36B | $38.74B |
Volume | 1,835,467 | 65,384,797 |
Sector | Leveraged / Inverse | Leveraged / Inverse |
52-Week High | $301.38 | $87.22 |
52-Week Low | $170.20 | $37.89 |
Typical Hold Time | 32 Days | 24 Days |
Signals from Pluang's Aura AI — not financial advice
SPXL trades at $298.10, up 0.42% with a bullish technical signal from moving averages. The ETF shows neutral momentum oscillators with RSI at 66.91 suggesting mild overbought conditions. Recent news highlights S&P 500 valuation concerns despite strong earnings growth projections of 35% for 2026. The index faces concentration risks with top holdings accounting for 40% of value.
Outlook remains cautiously optimistic with seasonal patterns favoring year-end rallies, though profit growth is expected to slow to 15% in 2027. Key risks include market concentration, geopolitical uncertainty, and potential Fed policy impacts. Technical support at $289 and resistance at $300 will be critical near-term levels.
TQQQ trades at $81.16, down 2.92% on the day, with technical indicators showing a bullish overall signal despite recent selling pressure. The leveraged ETF structure amplifies both gains and losses, with recent news highlighting hidden costs beyond the stated 0.82% expense ratio. Support levels are established at $78 and $76, while resistance sits at $83 and $85.
The outlook for TQQQ remains tied to Nasdaq-100 performance and tech sector momentum, though volatility decay and financing costs present significant long-term risks. Current technical positioning suggests potential for near-term upside if support holds, but investors should be cautious of amplified losses during market downturns.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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 →TQQQ is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Nasdaq-100 Index. It is one of the most liquid and actively traded instruments in the market, designed for sophisticated traders to amplify short-term bullish exposure to large-cap non-financial growth stocks, predominantly in the technology and communication sectors.
Read more on TQQQ →