Is SPXL or SPY better?

Based on our analysis, SPXL wins on 7 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 ETF) and SPY (State Street SPDR S&P 500 ETF Trust) differ in expense ratio (0.95% vs 0.09%) and AUM ($5.71B vs $723.48B). See the full comparison above for performance, holdings, and sector differences.

Direxion Daily S&P 500 Bull 3X ETF (SPXL) and State Street SPDR S&P 500 ETF Trust (SPY) differ in expense ratio (0.95% vs 0.09%) and AUM ($5.71B vs $723.48B). Here's how they compare across all key metrics.

Performance Comparison

Quick Verdict

SPXL wins on 7 out of 10 metrics. SPY has a lower expense ratio (0.09%). SPY has higher AUM ($723.48B).

Basic Information

Metric

SPXL

SPY

Fund Name

Direxion Daily S&P 500 Bull 3X ETF

State Street SPDR S&P 500 ETF Trust

Issuer

Direxion

SPDR

Inception Date

Nov 5, 2008

Jan 22, 1993

Expense Ratio

0.95%

0.09%

AUM

$5.71B

$723.48B

Holdings Count

516

504

Current Price

$238.93

$711.00

Today's Change

-0.27%

-0.08%

Dividend Yield

0.72%

1.07%

Performance Comparison

Period

SPXL

SPY

+40.38%

+12.51%

+3.82%

+2.44%

+6.55%

+4.24%

YTD

+7.80%

+4.07%

+86.65%

+28.27%

+226.98%

+71.12%

+142.02%

+70.38%

Top Holdings

5 overlapping holdings in top 10

SPXL Holdings

S&P 500 INDEX SWAP

69.39%

DREYFUS TRSRY SECURITIES CASH MGMT

5.45%

NVDANVIDIA CORP

1.75%

AAPLAPPLE INC

1.45%

GOLDMAN FINL SQ TRSRY INST 506

1.30%

MSFTMICROSOFT CORP

1.11%

JP MORGAN 100 US TRSY CAPITAL 3163

0.95%

DREYFUS GOVT CASH MAN INS

0.93%

AMZNAMAZON.COM INC

0.90%

AVGOBROADCOM INC

0.72%

SPY Holdings

NVDANVIDIA CORP

7.95%

AAPLAPPLE INC

6.58%

MSFTMICROSOFT CORP

5.06%

AMZNAMAZON.COM INC

4.08%

AVGOBROADCOM INC

3.26%

GOOGLALPHABET INC CL A

3.23%

GOOGALPHABET INC CL C

2.59%

METAMETA PLATFORMS INC CLASS A

2.36%

TSLATESLA INC

1.72%

BRK-BBERKSHIRE HATHAWAY INC CL B

1.41%

Sector Allocation

SPXL Sectors

Cash & Others78.61%

Technology7.54%

Financial Services2.58%

Communication Services2.32%

Consumer Cyclical2.16%

Healthcare1.87%

Industrials1.73%

Consumer Defensive1.03%

Energy0.74%

Utilities0.60%

Real Estate0.42%

Basic Materials0.39%

SPY Sectors

Technology33.56%

Financial Services12.35%

Communication Services10.48%

Consumer Cyclical10.00%

Healthcare9.47%

Industrials8.47%

Consumer Defensive5.25%

Energy4.02%

Utilities2.54%

Real Estate1.95%

Basic Materials1.90%

Cash & Others0.01%

Frequently Asked Questions

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