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SPXL vs MIDU

Direxion Daily S&P500 Bull 3X Shares vs Direxion Daily Mid Cap Bull 3X Shares

SPXL

Direxion Daily S&P500 Bull 3X Shares

Direxion Funds

Annual cost

0.84%

Fund size

$5.9B

MIDU

Direxion Daily Mid Cap Bull 3X Shares

Direxion Funds

Annual cost

0.98%

Fund size

$84M

Key differences

  • SPXL costs 0.14% less per year.
  • SPXL is significantly larger than MIDU — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, SPXL has delivered higher annualized returns.

Side-by-side comparison

SPXLMIDU
Annual cost (TER)0.84%0.98%
Fund size (AUM)$5.9B$84M
Since20082009
Dividend yield0.60%0.70%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedleveraged
CAGR 1Y+87.0%+61.8%
CAGR 3Y+55.4%+25.8%
CAGR 5Y+23.9%+1.5%
Sharpe 3Y1.140.63
Volatility 1Y35.92%46.80%
Max drawdown-76.86%-86.26%

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

Similar to SPXL and MIDU