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SPXL vs CGBL

Comparison between DIREXION DAILY S&P 500(R) BULL 3X SHARES (SPXL, ETF) and CAPITAL GROUP CORE BALANCED ETF SHARE CLASS (CGBL, ETF).

SPXL vs CGBL - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
SPXL
$6.70B
CGBL
$6.70B
Expense Ratio
SPXL
N/A
CGBL
0.33%
Max Drawdown
SPXL
76.86%
Winner
CGBL
12.01%
Sharpe Ratio
Winner
SPXL
1.49
CGBL
1.21
5Y Beta
SPXL
2.89
Winner
CGBL
0.66
P/E Ratio
SPXL
27.65
CGBL
N/A
Forward P/E
SPXL
21.67
CGBL
N/A
5Y Dividends CAGR
SPXL
65.03%
CGBL
N/A
Debt to Equity
SPXL
23.66%
CGBL
N/A
P/S Ratio
SPXL
3.50
CGBL
N/A
P/B Ratio
SPXL
5.66
CGBL
N/A

SPXL vs CGBL - Historical Returns

Returns include dividend reinvestment.

1M
SPXL
+0.03%
Winner
CGBL
+0.59%
3M
Winner
SPXL
+33.51%
CGBL
+7.17%
6M
Winner
SPXL
+21.36%
CGBL
+7.15%
1Y
Winner
SPXL
+65.65%
CGBL
+16.03%
5Y(CAGR)
SPXL
+21.78%
CGBL
N/A
10Y(CAGR)
SPXL
+29.82%
CGBL
N/A
Max(CAGR)
Winner
SPXL
+28.39%
CGBL
+18.24%

SPXL vs CGBL - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

YearSPXLCGBL
2026+20.42%+5.87%
2025+33.02%+15.25%
2024+66.58%+17.28%
2023+71.53%+9.80%
2022-57.31%N/A
2021+107.32%N/A
2020+6.68%N/A
2019+102.65%N/A
2018-26.55%N/A
2017+67.50%N/A
2016+35.96%N/A
2015-5.43%N/A
2014+41.39%N/A
2013+102.91%N/A
2012+37.95%N/A
2011-17.26%N/A
2010+32.94%N/A
2009+50.59%N/A
2008-28.52%N/A

SPXL vs CGBL Drawdown Comparison

The maximum drawdown for SPXL was -76.86%, occurring on Mar 23, 2020. Recovery took 225 trading sessions.

The maximum drawdown for CGBL was -11.66%, occurring on Apr 8, 2025. Recovery took 80 trading sessions.

The current SPXL drawdown is -7.55%. The current CGBL drawdown is -1.45%.

RankSPXLCGBL
#1-76.86%
Feb 19, 2020 - Jan 8, 2021
-11.66%
Feb 6, 2025 - Jun 3, 2025
#2-71.32%
Nov 5, 2008 - Sep 15, 2009
-7.88%
Feb 25, 2026 - Apr 17, 2026
#3-63.80%
Jan 3, 2022 - Jun 12, 2024
-5.93%
Jul 16, 2024 - Aug 30, 2024
#4-53.81%
Apr 29, 2011 - Sep 13, 2012
-4.38%
Oct 11, 2023 - Nov 14, 2023
#5-50.17%
Sep 20, 2018 - Jul 12, 2019
-3.82%
Dec 16, 2024 - Jan 24, 2025
#6-48.95%
Dec 6, 2024 - Jul 25, 2025
-3.78%
Mar 28, 2024 - May 15, 2024
#7-43.44%
Apr 23, 2010 - Dec 10, 2010
-3.57%
Jun 2, 2026 - Jun 10, 2026
#8-39.56%
May 21, 2015 - Jul 20, 2016
-3.57%
Oct 28, 2025 - Dec 3, 2025
#9-29.48%
Jan 26, 2018 - Sep 20, 2018
-3.12%
Aug 30, 2024 - Sep 13, 2024
#10-26.77%
Jan 12, 2026 - Apr 17, 2026
-2.59%
Nov 8, 2024 - Dec 2, 2024
#11-24.36%
Jul 16, 2024 - Sep 26, 2024
-2.48%
May 14, 2026 - May 27, 2026
#12-22.79%
Jan 19, 2010 - Mar 11, 2010
-2.18%
Dec 11, 2025 - Dec 24, 2025
#13-21.42%
Sep 14, 2012 - Jan 10, 2013
-2.17%
Jan 28, 2026 - Feb 20, 2026
#14-21.05%
Sep 18, 2014 - Nov 3, 2014
-2.09%
Oct 18, 2024 - Nov 6, 2024
#15-17.96%
Jul 26, 2019 - Nov 1, 2019
-2.00%
Oct 8, 2025 - Oct 20, 2025

Correlation

Correlation between SPXL and CGBL is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97
-101

Dividend Comparison (2008 - 2026)

SPXL vs CGBL dividend yield comparison.

YearSPXLCGBL
20260.17%0.34%
20250.69%1.98%
20240.74%1.92%
20230.98%0.48%
20220.32%0.00%
20210.11%0.00%
20200.22%0.00%
20190.84%0.00%
20181.02%0.00%
20173.88%0.00%
20102.17%0.00%
200913.15%0.00%
20080.18%0.00%

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