Direxion Daily S&P 500 Bull 3X Shares vs Vanguard Emerging Markets Stock Index Fund ETF — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.48, while Vanguard Emerging Markets Stock Index Fund ETF trades at $58.85. Which is the better fit depends on your goals.
| SPXL | VWO | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $288.04 | $61.24 |
52-Week Low | $170.20 | $49.54 |
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 →The fund employs an indexing investment approach designed to track the performance of the FTSE Emerging Markets All Cap China A Inclusion Index. It invests by sampling the index, meaning that it holds a broadly diversified collection of securities that, in the aggregate, approximates the index in terms of key characteristics.
Read more on VWO →