Direxion Daily S&P 500 Bull 3x Shares
SPXL

$162.77

1.24%

Market Cap: $5.23B

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

81% more call options, than puts

Call options by funds: $196M | Put options by funds: $108M

40% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 20

12% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 26

7% more funds holding

Funds holding: 107 [Q1] → 115 (+8) [Q2]

3.99% less ownership

Funds ownership: 15.58% [Q1] → 11.59% (-3.99%) [Q2]

18% less capital invested

Capital invested by funds: $661M [Q1] → $544M (-$116M) [Q2]

38% less funds holding in top 10

Funds holding in top 10: 8 [Q1] → 5 (-3) [Q2]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for SPXL.

See Analyst Rankings

Financial journalist opinion

With Volatility Inevitable, Stay Ready With These ETFs

Market fluctuations this month are seemingly inevitable, which should pan out well for one options trader who bet $9 million on a September volatility spike. For traders who want to stay ready when trading the S&P 500 and big tech, they can use leveraged/inverse ETFs from Direxion.

With Volatility Inevitable, Stay Ready With These ETFs

SPXL: A Traders Tool

Stock markets show higher volatility and no clear trend, making it a trader's market. SPXL seeks 300% daily performance of S&P 500, but holding long-term will deliver varying results. With S&P 500 upside likely capped ahead of the election, SPXL trades must be closely managed.

SPXL: A Traders Tool

S&P Volatility Ahead Opens Door for Short-Term Traders

When volatility hits major market indexes, it can spark a sense of angst. But for short-term traders, market fluctuations open the door for opportunities.

S&P Volatility Ahead Opens Door for Short-Term Traders

Shift From Large to Small-Caps Could Be in Early Stages

The equities market could see small-caps outrunning their large-cap peers. More investors are shifting to small-cap stocks, which could be in the early stages of a rally.

Shift From Large to Small-Caps Could Be in Early Stages

2 ETFs for a Steady S&P Climb and a Potential Correction

A slow but steady summer climb in the S&P 500 has been evident by the low volatility. But the possibility of a potential correction means traders can be prepared with a pair of leveraged ETFs from Direxion.

2 ETFs for a Steady S&P Climb and a Potential Correction

Zacks Investment Research

ETFs for Leveraging the Surge in Nasdaq and S&P 500

The S&P 500 and the Nasdaq keep surging higher. Both indexes hit an all-time high yesterday, mainly on strength in NVIDIA.

ETFs for Leveraging the Surge in Nasdaq and S&P 500

Leveraged ETFs Dashboard And Lessons From SPXL History

Leveraged ETF prices drift due to beta-slippage. This monthly article series monitors 22 of them. ProShares Direxion Daily S&P 500 Bull 3x Shares ETF (SPXL) has experienced both positive and negative drift in its history. In volatile times, it is recommended to use ETFs with less leverage for hedging purposes.

Leveraged ETFs Dashboard And Lessons From SPXL History

3 Ways Leveraged ETFs Help Traders Navigate Markets

Navigating capital markets requires intangible tools like intuition, mental acuity, and even a bit of luck. Then comes the tangible tools to maximize profit, like leveraged ETFs, which can help traders in a variety of ways.

3 Ways Leveraged ETFs Help Traders Navigate Markets

This 3X Bull ETF Could Rocket Higher If Projections Keep Rising

The S&P 500 is up 12% year to date and it could keep on climbing if analyst projections are correct. In turn, that could further boost the Direxion Daily S&P 500 Bull 3X Shares ETF (SPXL).

This 3X Bull ETF Could Rocket Higher If Projections Keep Rising

S&P 500 Index Hits Record High Amidst Lower Inflation

The US stock market has surged to new heights, with the S&P 500 index reaching a record high of 5,325 points and the DJIA index touching 40,000 points. Investors are experiencing euphoria, spurred by the unexpectedly low US inflation figures released earlier.

S&P 500 Index Hits Record High Amidst Lower Inflation

See News Rankings