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NFXL vs SPXL

Direxion Daily NFLX Bull 2X Shares vs Direxion Daily S&P500 Bull 3X Shares

NFXL

Direxion Daily NFLX Bull 2X Shares

Direxion Funds

Annual cost

1.05%

Fund size

$176M

SPXL

Direxion Daily S&P500 Bull 3X Shares

Direxion Funds

Annual cost

0.84%

Fund size

$5.9B

Key differences

  • SPXL costs 0.21% less per year.
  • SPXL is significantly larger than NFXL — larger funds tend to be more liquid and less likely to close.
  • SPXL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

NFXLSPXL
Annual cost (TER)1.05%0.84%
Fund size (AUM)$176M$5.9B
Since20242008
Dividend yield8.72%0.60%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedleveraged
CAGR 1Y-56.0%+87.0%
CAGR 3YN/A+55.4%
CAGR 5YN/A+23.9%
Sharpe 3YN/A1.14
Volatility 1Y66.38%35.92%
Max drawdown-71.97%-76.86%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to NFXL and SPXL