Direxion Daily S&P 500 Bull 3X ETF (SPXL) Stock
Publicly traded company. Here's the price, business snapshot, and what's worth knowing about Direxion Daily S&P 500 Bull 3X ETF in September 2026.
The Direxion Daily S&P 500 Bull 3X ETF (SPXL) is a trading-focused fund designed for investors seeking to amplify returns from the S&P 500 index. It aims to deliver three times the daily percentage change of the underlying index. This means if the S&P 500 rises 1% in a day, SPXL seeks to rise 3%. Conversely, if the index falls 1%, SPXL seeks to fall 3%. While this can enhance gains during upward trends, it also significantly increases risk. This ETF uses financial derivatives to achieve its objectives and is not intended for long-term buy-and-hold strategies due to the impact of daily resetting and volatility. With an expense ratio of 0.84% and net assets of USD 7.12 billion, it is a well-established vehicle for active traders. Remember, leveraged funds can lose value quickly, and returns are not guaranteed.
