Direxion Daily S&P 500 Bull 3X Shares
U.S. stock index ETF · tracks S&P 500 Index
As of its 2026 Q2 report, Direxion Daily S&P 500 Bull 3X Shares held 510 positions with $5.93B in net assets. Its ten largest holdings made up 54.7% of the fund. The SPXL share class costs 0.87% a year. Over the 12 months to May 2026, SPXL returned 88.1%, with dividends reinvested. In 2026 Q3 it added 8 new positions and exited 9.
The Fund seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Index. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day.
The fund seeks daily investment results of 300% of the S&P 500's daily performance through swap agreements, futures, and ETFs that provide 3X leveraged exposure to the index. Because daily rebalancing compounds returns over time, results over periods longer than one day will not equal 300% of the index's return; the fund may lose money even when the index rises. The fund is non-diversified and may hold a relatively high percentage of assets in a limited number of issuers.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
DREYFUS | 17.24% | $1.02B | — | — |
N/A | 8.36% | $495.78M | — | — |
NVDANVIDIA Corp. | 5.53% | $328.07M | 1.6M | $199.57 |
AAPLApple Inc. | 4.54% | $269.50M | 993.2K | $271.35 |
GOLDMAN FINANCIAL | 4.30% | $255.27M | — | — |
MSFTMicrosoft Corp. | 3.46% | $204.85M | 502.3K | $407.78 |
N/A | 3.02% | $179.00M | — | — |
AMZNAmazon.com, Inc. | 2.95% | $175.17M | 660.9K | $265.06 |
DREYFUS GOVERNMENT CASH MANAGE | 2.71% | $160.46M | — | — |
GOOGLAlphabet Inc. | 2.56% | $151.55M | 393.9K | $384.80 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
The 200 largest of 510 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 70.44% |
| Cash & short-term | 27.27% |
| Derivatives | 8.36% |
These positions come to 106.07% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
Derivatives are shown at market value, not notional exposure.
By sector
- Information Technology
- 24.8%
- Cash
- 20.6%
- Other
- 11.8%
- Financials
- 8.4%
- 9 other sectors
- 34.3%
- Information Technology
- 24.8%
- Cash
- 20.6%
- Other
- 11.8%
- Financials
- 8.4%
- Communication Services
- 6.6%
- Consumer Discretionary
- 6.4%
- Health Care
- 6.1%
- Industrials
- 5.9%
- Consumer Staples
- 3.2%
- Energy
- 2.3%
- Utilities
- 1.5%
- Real Estate
- 1.3%
- Materials
- 1.2%
How it has done
SPXL share class · total returns with dividends reinvested
Volatility over the last 12 months: 41.47%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Direxion Daily S&P 500 Bull 3X Shares is a U.S. equity index ETF that tracks the S&P 500 Index. 20% of SPXL’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 100% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Features
- Leveraged · Non-diversified
- Expense ratio, by class
- 0.87%· SPXL 0.87%
- Portfolio turnover
- 29.00% a year · as of 2025 Q1
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
8 new
9 exited· the largest 8
Understand how this fund fits with the rest.
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