Direxion Daily S&P 500 Bull 3X Shares SPXL

The Fund seeks daily investment results before fees and expenses of 300% of the inverse or opposite of the daily performance of the Index. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, exchange-traded funds that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is a float-adjusted, market capitalization-weighted index. The fund is non-diversified.

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Direxion Daily S&P 500 Bull 3X Shares

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Post by NMachiavellion Mar 29, 2020 8:56pm

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Post# 30858549

Learning about SPXL & SPXS

Can someone look at historical pricing of these two ETFs relative to where the indexes were as a guide? Or do they act very different?

for example at high of S&P this etf was about $75, would that repeat index huts that number again?

likewise looking at Bear version when index was 1000?

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