SPXL

Direxion Daily S&P 500 Bull 3X Shares
*Unless otherwise stated, data provided by FactSet.

SPXL Fund Description

SPXL provides daily leveraged exposure to a market-cap-weighted index of 500 large-cap and midcap US companies selected by the S&P Committee.

SPXL Factset Analytics Insight

SPXL, as a levered product, is not a buy-and-hold ETF, it's a short-term tactical instrument for getting 3x exposure to the S&P 500. The fund gets the added exposure by using futures contracts and other derivatives. The underlying companies are among the biggest and most well-known in the world. Importantly, the implication of SPXL's daily rebalancing is that holding-period returns longer than a day are unlikely to resemble 3x exposure to the S&P 500. Shorter holding periods increase the importance of trading costs relative to yearly management costs, which are fairly high but average for this segment. Over longer periods, returns can vary significantly from 2x exposure to its underlying index

SPXL MSCI ESG Analytics Insight

Direxion Daily S&P 500 Bull 3X Shares has an MSCI ESG Fund Rating of A based on a score of 5.86 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Direxion Daily S&P 500 Bull 3X Shares ranks in the 42nd percentile within its peer group and in the 63th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 09/27/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SPXL -2.20% 13.55% 64.12% 149.79% 30.26% 39.08% 41.39%
SPXL (NAV) -4.44% 11.47% 62.35% 136.13% 30.20% 39.05% 39.88%
S&P 500 -1.36% 4.14% 19.54% 36.71% 17.22% 17.73% 16.54%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SPXL Summary Data

Direxion
11/05/08
Open-Ended Fund
1.01%
$3.09B
0.01%

SPXL Portfolio Data

0.13%
N/A

SPXL Index Data

S&P 500
Market Cap
Committee
N/A

SPXL Fund Structure

Yes
No
-- / --
N/A
N/A
Low
3
Daily

SPXL Tax Exposures

20.00% / 39.60%
--
No

SPXL Factset Analytics Block Liquidity

As of 09/28/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SPXL. SPXL is rated a 5 out of 5.

SPXL Tradability

5,551,978
$653.57M
4,865,004
$584.23M
0.01%
$0.01
-0.01%
0.33% / -0.22%
None
100.00%
50,000
97.30
0.00%
--
81,906
$117.48
5

SPXL MSCI ESG Ratings

5.86 / 10
63.03
41.69
4.05%
2.43%
132.62

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