What is a 3x leveraged ETF?

A 3x leveraged ETF uses debt to acquire or short more stock shares. This leverage gives these ETFs outsized gains during favorable market movements and additional losses when the market moves against them. The best 3x leveraged ETFs methodology involved looking at ETFs that mirrored popular indexes like the Nasdaq 100 and S&P 500.

Where can I find information on leveraged 3x ETFs?

Click on the tabs below to see more information on Leveraged 3X ETFs, including historical performance, dividends, holdings, expense ratios, technical indicators, analysts reports and more. Click on an ETF ticker or name to go to its detail page, for in-depth news, financial data and graphs.

What is Direxion daily S&P 500 bull 3x shares (spxl)?

The Direxion Daily S&P 500 Bull 3x Shares (SPXL) is an exchange-traded fund that is based on the S&P 500 index. The fund provides daily leveraged exposure to a market-cap-weighted index of 500 large-cap and mid-cap US companies selected by the S&P Committee. SPXL was launched on Nov 5, 2008 and is issued by Direxion.