Direxion Daily S&P 500 Bull 3X Shares vs Vanguard Tax Managed Fund FTSE Developed Markets ETF — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.73, while Vanguard Tax Managed Fund FTSE Developed Markets ETF trades at $70.47. Which is the better fit depends on your goals.
| SPXL | VEA | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $288.04 | $72.39 |
52-Week Low | $170.20 | $56.02 |
Trailing returns across standard periods
Latest headlines on both assets
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 →The fund employs an indexing investment approach designed to track the performance of the FTSE Developed All Cap ex US Index, a market-capitalization-weighted index that is made up of approximately 4022 common stocks of large-, mid-, and small-cap companies located in Canada and the major markets of Europe and the Pacific region. The advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.
Read more on VEA →