DIREXION DAILY S&P 500(R) BULL 3X SHARES
Price through Sep 30 · Flows through Sep 29. Figures use the latest available records, not a live quote. Fund details retrieved Oct 1. Holdings snapshot retrieved Oct 1.
The Direxion Daily S&P 500® Bull and Bear 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the S&P 500® Index. There is no guarantee the funds will meet their stated investment objectives.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 6M SHOWN · NET +$55M OVER THIS RANGE
Money keeps arriving — +$126M of net inflows over the past month, about 1.8% of the fund's asset base, while the price has returned +28.1% so far this year. At 1.00% a year it is not the cheapest way in — EMDV has a reported fee of 0.60%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | -2.9% |
| 1 month | +0.5% |
| 3 months | +4.7% |
| 6 months | +66.1% |
| YTD | +28.1% |
| 1 year | +32.0% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | −$116M |
| 1 month | +$126M |
| 3 months | −$208M |
| YTD | −$365M |
| 1 year | −$642M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat SPXL on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| BBUS JPMorgan BetaBuilders U.S. Equity ETF | 0.02% | $9.4B | +$187M | -98bp on fee · +$187M in over the month | Head-to-head |
| SPYG State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | $56.2B | +$717M | -96bp on fee · 8× the assets · +$717M in over the month | Head-to-head |
| SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF | 0.03% | $14.1B | +$235M | -97bp on fee · 2× the assets · +$235M in over the month | Head-to-head |
| SPYV State Street SPDR Portfolio S&P 500 Value ETF | 0.04% | $36.2B | +$208M | -96bp on fee · 5× the assets · +$208M in over the month | Head-to-head |
| IJH iShares Core S&P Mid-Cap ETF | 0.05% | $122.8B | +$2.3B | -95bp on fee · 18× the assets · +$2.3B in over the month | Head-to-head |