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SPXL vs CHAU

Direxion Daily S&P500 Bull 3X Shares vs Direxion Daily CSI 300 China A Share Bull 2X Shares

SPXL

Direxion Daily S&P500 Bull 3X Shares

Direxion Funds

Annual cost

0.84%

Fund size

$5.9B

CHAU

Direxion Daily CSI 300 China A Share Bull 2X Shares

Direxion Funds

Annual cost

1.19%

Fund size

$104M

Key differences

  • SPXL costs 0.35% less per year.
  • SPXL is significantly larger than CHAU — larger funds tend to be more liquid and less likely to close.
  • SPXL covers north america markets; CHAU covers emerging markets.
  • Over the last 3 years, SPXL has delivered higher annualized returns.
  • SPXL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SPXLCHAU
Annual cost (TER)0.84%1.19%
Fund size (AUM)$5.9B$104M
Since20082015
Dividend yield0.60%1.82%
Asset classequityequity
Regionnorth americaemerging markets
Strategyleveragedleveraged
CAGR 1Y+94.7%+73.1%
CAGR 3Y+55.2%+10.1%
CAGR 5Y+25.2%-8.6%
Sharpe 3Y1.140.37
Volatility 1Y35.88%33.23%
Max drawdown-76.86%-78.58%

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

Similar to SPXL and CHAU