Direxion Daily S&P 500 Bull 3X Shares vs Vanguard Information Technology Index Fund ETF — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.48, while Vanguard Information Technology Index Fund ETF trades at $115.87. Which is the better fit depends on your goals.
| SPXL | VGT | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $288.04 | $125.77 |
52-Week Low | $170.20 | $83.59 |
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 MSCI US Investable Market Index/Information Technology 25/50, an index made up of stocks of large, mid-size, and small US companies within the information technology sector, as classified under the GICS. The advisor attempts to replicate the target index by seeking to invest all of its assets in the stocks that make up the index, in order to hold each stock in approximately the same proportion as its weighting in the index. It is non-diversified.
Read more on VGT →