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SPXL Direxion Daily S&P 500 Bull 3X Shares

New York Stock Exchange Arca · Asset Management · Financial Services

$294.56
+5.91 (+2.05%)

SPXL, as a levered product, is not a buy-and-hold ETF, it's a short-term tactical instrument for getting 3x exposure to the S&P 500. The fund gets the added exposure by using futures contracts and other derivatives. The underlying companies are among the biggest and most well-known in the world. Importantly, the implication of SPXL's daily rebalancing is that holding-period returns longer than a d…

Market Cap: $7.59Bwww.direxion.com/product/daily-sp-500-bull-3x-shares

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Company Profile

Sector
Financial Services
Industry
Asset Management
Beta
3.03
Country
US
www.direxion.com/product/daily-sp-500-bull-3x-shares