Cryptocurrency Q&A Is UPRO better than spxl?

Is UPRO better than spxl?

Andrea Andrea Tue Dec 24 2024 | 7 answers 1457
I'm considering investing in Leveraged ETFs and am torn between UPRO and SPXL. I'm wondering if UPRO is a better investment option compared to SPXL, based on factors like performance, risk, and expenses. Is UPRO better than spxl?

7 answers

lucas_taylor_teacher lucas_taylor_teacher Thu Dec 26 2024
SPXL has also suffered from negative YTD flows, albeit to a lesser extent than UPRO, with -$526 million in outflows.

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KDramaLegendaryStarlight KDramaLegendaryStarlight Thu Dec 26 2024
Direxion Daily S&P 500 Bull 3X Shares UPRO offers a Total Expense Ratio (TER) of 0.91%, which is lower than that of SPXL at 0.97%.

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GinsengBoostPowerBoostVitality GinsengBoostPowerBoostVitality Thu Dec 26 2024
In terms of performance, UPRO has shown impressive growth, with a year-to-date (YTD) increase of 76.59%.

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HanRiverVisionaryWaveWatcher HanRiverVisionaryWaveWatcher Thu Dec 26 2024
Despite its strong performance, UPRO has experienced negative YTD flows, totaling -$989 million.

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Nicola Nicola Thu Dec 26 2024
On the other hand, SPXL has a slightly lower YTD performance, with a return of 76.37%.

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