Is SPXL or SPY better?

Based on our analysis, SPXL wins on 6 out of 10 metrics compared. However, the best ETF depends on your specific investment goals, time horizon, and risk tolerance.

Which is cheaper, SPXL or SPY?

SPY has the lower expense ratio at 0.09%, compared to 0.95% for SPXL.

Compare/SPXL vs SPY

SPXL vs SPY — ETF Comparison

Q: What is the difference between SPXL and SPY?

SPXL (Direxion Daily S&P 500 Bull 3X Shares) and SPY (State Street SPDR S&P 500 ETF) differ in expense ratio (0.95% vs 0.09%) and AUM ($7.18B vs $812.74B). See the full comparison above for performance, holdings, and sector differences.

Direxion Daily S&P 500 Bull 3X Shares (SPXL) and State Street SPDR S&P 500 ETF (SPY) differ in expense ratio (0.95% vs 0.09%) and AUM ($7.18B vs $812.74B). Here's how they compare across all key metrics.

Performance Comparison

Quick Verdict

SPXL wins on 6 out of 10 metrics. SPY has a lower expense ratio (0.09%). SPY has higher AUM ($812.74B).

Basic Information

Metric

SPXL

SPY

Fund Name

Direxion Daily S&P 500 Bull 3X Shares

State Street SPDR S&P 500 ETF

Issuer

Direxion

SPDR

Inception Date

Nov 5, 2008

Jan 22, 1993

Expense Ratio

0.95%

0.09%

AUM

$7.18B

$812.74B

Holdings Count

516

504

Current Price

$290.67

$773.05

Today's Change

+1.59%

+0.53%

Dividend Yield

0.51%

0.99%

Performance Comparison

Period

SPXL

SPY

-1.12%

-0.04%

+11.70%

+4.62%

+19.55%

+8.10%

YTD

+31.24%

+13.16%

+37.66%

+15.77%

+295.31%

+83.87%

+124.61%

+69.70%

Top Holdings

1 overlapping holdings in top 10

SPXL Holdings

SPX SWAP ASSET LEG (SPXMLL)

16.74%

SPX SWAP ASSET LEG (SPXGSL)

16.52%

SPX SWAP ASSET LEG (SPXJPL)

15.08%

SPX SWAP ASSET LEG (SPXUBL)

8.13%

SPX SWAP ASSET LEG (SPXBPL)

7.21%

DREYFUS TRSRY SECURITIES CASH MGMT

3.48%

SPX SWAP ASSET LEG (SPXCTL)

3.22%

SPX SWAP ASSET LEG (SPXBCL)

2.91%

DREYFUS GOVT CASH MAN INS

2.62%

NVDANVIDIA CORP

1.68%

SPY Holdings

NVDANVIDIA CORP

7.86%

AAPLAPPLE INC

7.46%

MSFTMICROSOFT CORP

5.99%

AMZNAMAZON.COM INC

3.74%

GOOGLALPHABET INC CL A

3.06%

GOOGALPHABET INC CL C

2.45%

AVGOBROADCOM INC

2.45%

METAMETA PLATFORMS INC CLASS A

2.43%

MUMICRON TECHNOLOGY INC

1.57%

TSLATESLA INC

1.53%

Sector Allocation

SPXL Sectors

Cash & Others91.95%

Technology3.66%

Financial Services0.83%

Consumer Cyclical0.73%

Industrials0.70%

Consumer Defensive0.60%

Healthcare0.56%

Real Estate0.25%

Energy0.22%

Communication Services0.22%

Utilities0.17%

Basic Materials0.11%

SPY Sectors

Technology40.52%

Financial Services11.20%

Communication Services9.68%

Healthcare9.03%

Consumer Cyclical8.67%

Industrials7.31%

Consumer Defensive4.42%

Energy3.57%

Utilities1.92%

Basic Materials1.73%

Real Estate1.66%

Cash & Others0.28%

Frequently Asked Questions

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