Direxion Daily S&P 500 Bull 3X Shares vs Financial Select Sector SPDR Fund — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.48, while Financial Select Sector SPDR Fund trades at $56.07. Which is the better fit depends on your goals.
| SPXL | XLF | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $288.04 | $56.75 |
52-Week Low | $170.20 | $47.80 |
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 generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: diversified financial services; insurance; banks; capital markets; mortgage real estate investment trusts; consumer finance; thrifts; and mortgage finance. The fund is non-diversified.
Read more on XLF →