Direxion Daily S&P 500 Bull 3X ETF (SPXL) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Leveraged industry. The company is headquartered in New York City, DE, United States.
SPXL has IPO date of 2008-11-05, listed on the NYSE, a market capitalization of $6.58B.
Direxion Daily S&P 500 Bull 3X ETF (SPXL) is a leveraged exchange-traded fund that seeks to deliver three times the daily performance of the S&P 500 Index. The fund typically invests at least 80% of its net assets, plus borrowing capacity, in financial instruments including swap agreements, index securities, and ETFs that provide daily leveraged exposure to the S&P 500. The S&P 500 is a float-adjusted, market capitalization-weighted index representing large-cap U.S. equities. As a non-diversified fund, SPXL is designed for experienced investors seeking amplified short-term equity market exposure.
