Quick Read – Direxion Daily S&P 500 Bull 3X Shares (SPXL) turned a $70,097 investment from May 2010 into $4,090,890 by May 2026, a 5,736% return, because the S&P 500 delivered a smooth low-volatility uptrend where daily leverage compounding accelerated gains rather than eroding…
em through volatility drag. SPY returned 544% over the same period while SPXL returned 6,312%, roughly 12x the unleveraged return on a fund engineered for 3x daily leverage. – SPXL’s outsized 16-year gain relied entirely on an unusually clean bull market regime with low realized volatility and strong directional moves, a setup that cannot be reliably replicated from today’s valuations where the S&P trades at the high end of its long-run earnings multiple range
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Direxion Daily S&P 500 Bull 3X Shares didn’t make the cut. Grab the names FREE today. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Direxion Daily S&P 500 Bull 3X Shares didn’t make the cut. Grab the names FREE today.
A Redditor posted a screenshot to r/wallstreetbets last week with the title “Boring $4,000,000 gain with triple-leveraged SPXL. I told WSB 6mo ago I would sell at $3.1m, am glad I TACO’ed.” The position is Direxion Daily S&P 500 Bull 3X Shares (NYSEARCA:SPXL), bought on May 10, 2010. The investor owns 14,760 shares at a split-adjusted cost of $4.75, for a total cost basis of $70,096.96.