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SPXL vs DFSD

Comparison between DIREXION DAILY S&P 500(R) BULL 3X SHARES (SPXL, ETF) and DIMENSIONAL SHORT-DURATION FIXED INCOME ETF (DFSD, ETF).

5-Year PerformanceSPXL has outperformed DFSD, delivering a return of +21.8% compared to +2.6%

SPXL vs DFSD - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
SPXL
$6.70B
Winner
DFSD
$6.80B
Expense Ratio
SPXL
N/A
DFSD
0.16%
Max Drawdown
SPXL
76.86%
Winner
DFSD
9.85%
Sharpe Ratio
Winner
SPXL
1.49
DFSD
0.26
5Y Beta
SPXL
2.89
Winner
DFSD
0.03
P/E Ratio
SPXL
27.65
DFSD
N/A
Forward P/E
SPXL
21.67
DFSD
N/A
5Y Dividends CAGR
SPXL
65.03%
DFSD
N/A
Debt to Equity
SPXL
23.66%
DFSD
N/A
P/S Ratio
SPXL
3.50
DFSD
N/A
P/B Ratio
SPXL
5.66
DFSD
N/A

SPXL vs DFSD - Historical Returns

Returns include dividend reinvestment.

1M
SPXL
+0.03%
Winner
DFSD
+0.36%
3M
Winner
SPXL
+33.51%
DFSD
+0.73%
6M
Winner
SPXL
+21.36%
DFSD
+1.11%
1Y
Winner
SPXL
+65.65%
DFSD
+4.19%
5Y(CAGR)
Winner
SPXL
+21.78%
DFSD
+2.55%
10Y(CAGR)
SPXL
+29.82%
DFSD
N/A
Max(CAGR)
Winner
SPXL
+28.39%
DFSD
+2.55%

SPXL vs DFSD - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

YearSPXLDFSD
2026+20.42%+0.75%
2025+33.02%+6.52%
2024+66.58%+4.53%
2023+71.53%+6.02%
2022-57.31%-5.69%
2021+107.32%-0.02%
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 DFSD Drawdown Comparison

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

The maximum drawdown for DFSD was -8.45%, occurring on Oct 20, 2022. Recovery took 552 trading sessions.

The current SPXL drawdown is -7.55%. The current DFSD drawdown is -0.25%.

RankSPXLDFSD
#1-76.86%
Feb 19, 2020 - Jan 8, 2021
-8.45%
Nov 18, 2021 - Feb 1, 2024
#2-71.32%
Nov 5, 2008 - Sep 15, 2009
-1.47%
Feb 27, 2026 - Mar 26, 2026
#3-63.80%
Jan 3, 2022 - Jun 12, 2024
-1.34%
Apr 3, 2025 - Apr 28, 2025
#4-53.81%
Apr 29, 2011 - Sep 13, 2012
-0.67%
Oct 1, 2024 - Nov 29, 2024
#5-50.17%
Sep 20, 2018 - Jul 12, 2019
-0.67%
Dec 6, 2024 - Jan 27, 2025
#6-48.95%
Dec 6, 2024 - Jul 25, 2025
-0.52%
Apr 30, 2025 - May 27, 2025
#7-43.44%
Apr 23, 2010 - Dec 10, 2010
-0.50%
Mar 27, 2024 - May 3, 2024
#8-39.56%
May 21, 2015 - Jul 20, 2016
-0.42%
Feb 1, 2024 - Mar 5, 2024
#9-29.48%
Jan 26, 2018 - Sep 20, 2018
-0.42%
Feb 5, 2025 - Feb 21, 2025
#10-26.77%
Jan 12, 2026 - Apr 17, 2026
-0.40%
Jun 4, 2025 - Jun 12, 2025
#11-24.36%
Jul 16, 2024 - Sep 26, 2024
-0.37%
Oct 22, 2025 - Nov 21, 2025
#12-22.79%
Jan 19, 2010 - Mar 11, 2010
-0.35%
Nov 26, 2025 - Dec 16, 2025
#13-21.42%
Sep 14, 2012 - Jan 10, 2013
-0.34%
Mar 3, 2025 - Mar 19, 2025
#14-21.05%
Sep 18, 2014 - Nov 3, 2014
-0.29%
Jun 30, 2025 - Jul 21, 2025
#15-17.96%
Jul 26, 2019 - Nov 1, 2019
-0.28%
Mar 8, 2024 - Mar 22, 2024

Correlation

Correlation between SPXL and DFSD is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95
-101

Dividend Comparison (2008 - 2026)

SPXL vs DFSD dividend yield comparison.

YearSPXLDFSD
20260.17%0.91%
20250.69%4.12%
20240.74%4.81%
20230.98%3.89%
20220.32%2.12%
20210.11%0.11%
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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