SPXL: Is It Worth The Risk?
The SPXL, a 3x leveraged ETF, has produced alpha despite high volatility or Beta slippage, outperforming the S&P 500 by over 5x since inception. While risky during high volatility periods, SPXL can yield 40%-60% returns through 2026 with moderate volatility and market corrections. The primary risk for SPXL is frequent, severe market drawdowns, which hinder recovery and long-term gains.
SPXL: A Traders Tool
Stock markets show higher volatility and no clear trend, making it a trader's market. SPXL seeks 300% daily performance of S&P 500, but holding long-term will deliver varying results. With S&P 500 upside likely capped ahead of the election, SPXL trades must be closely managed.
S&P Volatility Ahead Opens Door for Short-Term Traders
When volatility hits major market indexes, it can spark a sense of angst. But for short-term traders, market fluctuations open the door for opportunities.
2 ETFs for a Steady S&P Climb and a Potential Correction
A slow but steady summer climb in the S&P 500 has been evident by the low volatility. But the possibility of a potential correction means traders can be prepared with a pair of leveraged ETFs from Direxion.
Leveraged ETFs Dashboard And Lessons From SPXL History
Leveraged ETF prices drift due to beta-slippage. This monthly article series monitors 22 of them. ProShares Direxion Daily S&P 500 Bull 3x Shares ETF (SPXL) has experienced both positive and negative drift in its history. In volatile times, it is recommended to use ETFs with less leverage for hedging purposes.
This 3X Bull ETF Could Rocket Higher If Projections Keep Rising
The S&P 500 is up 12% year to date and it could keep on climbing if analyst projections are correct. In turn, that could further boost the Direxion Daily S&P 500 Bull 3X Shares ETF (SPXL).
