ETF Analysis
Direxion Daily S&P 500 Bull 3X Shares (SPXL) ETF Analysis
Direxion Daily S&P 500 Bull 3X Shares (SPXL) ETF analysis covering performance, holdings context, risk, drawdowns, volatility, momentum, dividends, valuation exposure, and the current AlgovestIQ assessment.
Direxion Daily S&P 500 Bull 3X Shares (SPXL) currently has an AIQ Score of 41/100, indicating a neutral setup. Quality is the strongest factor at 59/100. Risk is the weakest current factor at 28/100. Performance, momentum, risk, distribution, and exposure evidence should be read together at the latest market-close snapshot.
SPXL at a Glance
Crawlable current metrics from the latest market-close ETF snapshot.
| Metric | Current |
|---|---|
| Price | $275.63 |
| AIQ Score | 41/100 |
| Overall View | Neutral |
| Technical Analysis Consensus | Strong Sell |
| Fund Size | $6.84B |
| Expense Ratio | 0.95% |
| Holdings Count | 515 |
| NAV | $280.23 |
| Asset Class | Equity |
| Primary Exposure | Cash & Others (78.69%) |
| Issuer | Direxion |
| Domicile | US |
| Inception Date | Nov 5, 2008 |
| Distribution Yield | 0.52% |
| Beta | 3.03 |
| Average Volume | 1.63M |
| 52-week range | $168.04-$303.18 |
| RSI 14 | 35.28 |
| 50-Day SMA | $287.23 |
| 200-Day SMA | $254.01 |
| Risk Score | 28/100 |
| Momentum Score | 30/100 |
| Value Exposure Score | 38/100 |
SPXL Long-Horizon ETF Performance
Trailing returns, growth of $10,000, drawdown history, and calendar-year returns from available daily closes.
| Period | Total return | Annualized | Max drawdown | Start date |
|---|---|---|---|---|
| 1Y | 28.30% | 28.32% | -26.94% | Oct 23, 2025 |
| 3Y | 274.60% | 55.29% | -49.21% | Oct 23, 2023 |
| 5Y | 115.99% | 16.68% | -63.84% | Oct 26, 2021 |
| 10Y | 115.99% | 16.68% | -63.84% | Oct 26, 2021 |
Growth of $10,000
Indexed to the first available close in this history window.
Drawdown History
Peak-to-trough decline from each prior high over the available window.
Calendar-Year Returns
Full-year returns where available, with the current calendar year shown as YTD.
SPXLDirexion Daily S&P 500 Bull 3X Shares
Financial Services / Asset Management
Low Priority
Relative Laggard
Latest quote
- Momentum30
- Value38
- Quality59
- Risk resilience28
- Sentiment—
SPXL ETF Analysis Summary
Direxion Daily S&P 500 Bull 3X Shares (SPXL) currently has an AIQ Score of 41/100, indicating a neutral setup. Quality is the strongest factor at 59/100. Risk resilience is the weakest current factor at 28/100. Performance, exposure, distribution, momentum, and risk evidence should be read together at the latest market-close snapshot.
In a neutral regime, SPXL has AIQ Score of 41/100 with Quality base of 59/100 and fading Risk resilience at 28/100. Wait for component alignment before adding exposure.
Quality (59/100) leads while Risk resilience (28/100) lags. This cross-factor spread creates entry timing uncertainty.
Financial Services · -1.70% ETF move · SPXL classified in Asset Management.
Current Evidence
AlgovestIQ Evidence Summary
Current consensus, supporting evidence, recent changes, and what would strengthen or weaken the view.
Is SPXL Bullish or Bearish Right Now?
SPXL currently has a neutral overall setup. Quality is the strongest factor at 59/100, while Risk Resilience is weakest at 28/100. The current evidence suggests a mixed rather than strongly bullish or bearish setup.
- - No strong bullish evidence is available in the current snapshot.
- - Value is the current constraint at 38/100.
- - Momentum is weak at 30/100.
- - Risk Resilience is weak at 28/100.
- - Technical consensus has more sell votes than buy votes (34 vs 7).
Current Consensus
SPXL's Technical Analysis Consensus is currently Strong Sell, with 7 buy, 4 neutral, and 34 sell votes. SPXL's 14-day RSI is 35.28, which places the ETF in a weaker momentum range. SPXL's beta is 3.03, indicating greater market sensitivity than the broad market.
What Changed in SPXL?
The largest recent change in SPXL is Momentum moving down by 30.0 points over the available 7-day comparison window. Quality remains the strongest visible factor.
What Would Change the SPXL Outlook?
The current neutral outlook could improve if AIQ moves above 70, momentum recovers, risk resilience improves, and price confirms a stronger trend above the 50-day and 200-day moving averages. It would weaken if AIQ falls below 40, price loses long-term moving-average support, distribution or liquidity context deteriorates, or risk evidence worsens.
AIQ > 70, RSI above 55, price above SMA-50/SMA-200, and positive market-context evidence.
AIQ below 40, RSI below 45, loss of SMA-200, negative revisions, or rising volatility and drawdown risk.
SPXL Decision Framework
Public evidence layers, setup checks, and risk context for Direxion Daily S&P 500 Bull 3X Shares.
Direxion Daily S&P 500 Bull 3X Shares (SPXL) ETF Analysis
Direxion Daily S&P 500 Bull 3X Shares has an AIQ Score of 41/100 in a Neutral regime. Quality is strongest at 59/100. Beta is 3.03, above market sensitivity. Review the supporting etf factors together before drawing a conclusion from any single score.
| Evidence Layer | Public Evidence |
|---|---|
| Regime Context | SPXL is in a Neutral AIQ regime with score 41/100. |
| Signal Conflict | The primary conflict is that quality leads at 59/100 while risk lags at 28/100. |
| Factor Evidence | Momentum 30/100 · Value 38/100 · Quality 59/100 · Risk 28/100 |
| Persistence | Current snapshot evidence is shown; historical persistence remains in AIQ Pro. |
Current Setup Checklist
Quality is the strongest factor at 59/100.
Momentum is 30/100 and RSI (14) is 35.3.
SPXL is in a Neutral regime at 41/100.
Risk factor is 28/100 with beta 3.03 and annual volatility 38.36%.
Current conflict: quality leads at 59/100 while risk lags at 28/100.
SPXL Research Cluster
ETF-specific paths for performance, risk, distributions, market context, data, comparisons, and news.
SPXL ETF Analytics
SPXL holdings context, yield, risk, valuation exposure, momentum, and AIQ evidence.
SPXL Technical Analysis
SPXL technical setup based on RSI, MACD, moving averages, AIQ Momentum, volume, trend, volatility, and pivots.
SPXL ETF Market Context
Track SPXL market context, news pressure, trend changes, income events, and current allocation evidence.
SPXL Distribution Analysis
SPXL distribution yield, annualized distributions, payment history, and income context.
SPXL ETF Data
SPXL available fund data, market metrics, technical readings, risk measures, and AIQ evidence.
SPXL Risk Analysis
SPXL volatility, beta, drawdown, Sharpe ratio, VaR, and downside resilience.
SPXL ETF News
SPXL ETF news, market tone, recent headlines, and catalyst context.
SPXL vs Leveraged Peers
Current peer cohort: SPXL · SSO · TECL · TMF · TQQQ. Compare AIQ, factor scores, Sharpe ratio and 1-year volatility in one indexable view.
| Peer | AIQ | Value | Momentum | Risk | Sharpe | 1Y Volatility | Compare |
|---|---|---|---|---|---|---|---|
| SPXL Current ETF | 41/100 | 38/100 | 30/100 | 28/100 | 0.78 | 38.36% | Current |
| SSO ProShares Ultra S&P 500 (2x) | 45/100 | 37/100 | 35/100 | 41/100 | 0.76 | 25.43% | SPXL vs SSO |
| TECL Direxion Daily Technology Bull 3X ETF | 29/100 | 28/100 | 15/100 | 0/100 | 0.83 | 80.31% | SPXL vs TECL |
| TMF Direxion Daily 20+ Year Treasury Bull 3X ETF | 51/100 | 36/100 | 73/100 | 24/100 | -1.44 | 28.28% | SPXL vs TMF |
| TQQQ ProShares UltraPro QQQ (3x Nasdaq) | 40/100 | 33/100 | 26/100 | 0/100 | 0.63 | 59.75% | SPXL vs TQQQ |
Peer cohort is resolved dynamically from the AlgovestIQ universe taxonomy and Compare relationship graph. Data as of Oct 23, 2026.
About the AIQ Score
Methodology for the current ETF evidence.
The AlgovestIQ AIQ Score combines multiple dimensions of ETF evidence, including momentum, valuation exposure, quality, risk resilience, sentiment context, and timing signals. It is a descriptive research score, not a guarantee of future performance or a personalized recommendation.
View AIQ methodologyFactor Diagnostics
A compact bridge from the AIQ score to the evidence tabs.
Valuation exposure across the fund's holdings.
Quality context inferred from fund exposure and available evidence.
Trend, momentum, volume, and timing confirmation.
Resilience, volatility, beta, drawdown, and tail risk.
News and event pressure around the setup.
Open the return calculator with ETF context while purchase price, shares, dates and fees remain user inputs.
AIQ Component Profile
Compare the five component scores on one consistent 0–100 scale.
Review earnings timing, revisions, news pressure, and prior event reactions in one place.
Open catalystsNo quarterly financial rows in this snapshot.
Checked Oct 25, 2026
Explore factor drivers, conflicts, persistence, and scenario sensitivity in the advanced workspace.
ETF Analytics Snapshot
Current ETF evidence uses fund profile, cost, size, distribution, momentum, and risk fields.
ETF pages use fund-native profile fields for cost, size, liquidity, holdings breadth, NAV, issuer, and launch date.
Market Confirmation
Technicals are summarized first, with the indicator library behind it.
Risk Alignment
Higher resilience is stronger; exposure metrics stay separate.
Continue Researching SPXL
Open the detailed evidence pages and workflows behind the stock overview read.
Premium Feature
Full AIQ Analysis
AIQ Intelligence
AIQ Pro for SPXL
Scenario Analysis
AIQ Scenario Builder
Portfolio Implication
Related Links
SPXL ETF FAQ
What is SPXL ETF price today?
SPXL is currently shown at $275.63. Use the live quote with the 52-week range and AIQ context before comparing funds.
What is SPXL's 52-week high and low?
SPXL's 52-week range is $168.04 to $303.18 based on the latest completed market-close snapshot from Oct 23, 2026. A price near either extreme should be evaluated with volatility and trend evidence.
Does SPXL pay a dividend?
SPXL's current distribution yield is 0.52% based on the latest completed market-close snapshot from Oct 23, 2026. For ETFs, dividend yield should be compared with expense ratio, holdings, and risk.
What should investors compare before buying SPXL?
Compare SPXL's price trend, expense profile, yield, holdings exposure, volatility, and AIQ signal. ETF decisions should focus on portfolio fit as much as current momentum.