SPXL vs LVHI

Comparison between DIREXION DAILY S&P 500(R) BULL 3X SHARES (SPXL, ETF) and FRANKLIN INTERNATIONAL LOW VOLATILITY HIGH DIVIDEND INDEX ETF (LVHI, ETF).

5-Year PerformanceSPXL has outperformed LVHI, delivering a return of +22.0% compared to +15.8%

SPXL vs LVHI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPXL(ETF)	LVHI(ETF)
Net Assets	$4.60B	$4.60B
Expense Ratio	N/A	0.40%
Max Drawdown	76.86%	35.87%
Sharpe Ratio	1.98	2.63
5Y Beta	2.88	0.46
P/E Ratio	28.16	N/A
Forward P/E	22.34	N/A
5Y Dividends CAGR	65.03%	11.18%
5Y EPS CAGR	29.10%	N/A
Debt to Equity	25.08%	N/A

Net Assets

SPXL

$4.60B

LVHI

$4.60B

Expense Ratio

SPXL

N/A

LVHI

0.40%

Max Drawdown

SPXL

76.86%

Winner

LVHI

35.87%

Sharpe Ratio

SPXL

1.98

Winner

LVHI

2.63

5Y Beta

SPXL

2.88

Winner

LVHI

0.46

P/E Ratio

SPXL

28.16

LVHI

N/A

Forward P/E

SPXL

22.34

LVHI

N/A

5Y Dividends CAGR

Winner

SPXL

65.03%

LVHI

11.18%

5Y EPS CAGR

SPXL

29.10%

LVHI

N/A

Debt to Equity

SPXL

25.08%

LVHI

N/A

SPXL vs LVHI - Holdings Comparison

SPXL and LVHI have 1 common holdings. Overlap is -28.31%

SPXL's top 25 holdings weight is 67.68%. LVHI's top 25 holdings weight is 143.78%.

Rank	SPXL	LVHI
#1	DREYFUS TRSRY SECURITIES CASH MGMT (n/a) - 17.47%	USD FORWARD CASH/CCY CONTRACT PURCHASED (n/a) - 99.55%
#2	S&P 500 INDEX SWAP (n/a) - 9.19%	CANADIAN NATURAL RESOURCES LTD (n/a) - 2.70%
#3	NVIDIA CORP (NVDA) - 5.97%	SHELL PLC (n/a) - 2.63%
#4	APPLE INC (AAPL) - 4.58%	RIO TINTO PLC ORDINARY SHARES (n/a) - 2.25%
#5	GOLDMAN FINL SQ TRSRY INST 506 (n/a) - 4.38%	SUNCOR ENERGY INC (n/a) - 2.24%
#6	DREYFUS GOVT CASH MAN INS (n/a) - 3.96%	INTESA SANPAOLO (n/a) - 2.19%
#7	MICROSOFT CORP (MSFT) - 3.67%	NOVARTIS AG REGISTERED SHARES (n/a) - 2.19%
#8	JP MORGAN 100 US TRSY CAPITAL 3163 (n/a) - 3.06%	BHP GROUP LTD (n/a) - 2.15%
#9	AMAZON.COM INC (AMZN) - 2.92%	CANADIAN IMPERIAL BANK OF COMMERCE (CM) - 2.12%
#10	ALPHABET INC CLASS A (GOOGL) - 2.35%	NESTLE SA (n/a) - 2.08%
#11	BROADCOM INC (AVGO) - 2.18%	BANK OF NOVA SCOTIA (BNS) - 1.98%
#12	ALPHABET INC CLASS C (GOOG) - 1.87%	GSK PLC (n/a) - 1.88%
#13	META PLATFORMS INC CLASS A (META) - 1.69%	ROCHE HOLDING AG ORDINARY SHARES NEW (n/a) - 1.86%
#14	TESLA INC (TSLA) - 1.22%	TOTALENERGIES SE (TTE) - 1.83%
#15	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.01%	MITSUBISHI CORP (n/a) - 1.81%
#16	MCDONALD'S CORP (MCD) - 0.24%	ALLIANZ SE (n/a) - 1.68%
#17	NEXTERA ENERGY INC (NEE) - 0.23%	ENEL SPA (n/a) - 1.63%
#18	VERIZON COMMUNICATIONS INC (VZ) - 0.23%	BNP PARIBAS ACT. CAT.A (n/a) - 1.55%
#19	ANALOG DEVICES INC (ADI) - 0.22%	BANCA MONTE DEI PASCHI DI SIENA (n/a) - 1.44%
#20	AT&T INC (T) - 0.21%	TC ENERGY CORP (TRP) - 1.43%
#21	BOEING CO (BA) - 0.21%	MITSUI & CO LTD (n/a) - 1.41%
#22	AMGEN INC (AMGN) - 0.21%	NTT INC (n/a) - 1.36%
#23	THE WALT DISNEY CO (DIS) - 0.21%	SANOFI SA (n/a) - 1.32%
#24	THERMO FISHER SCIENTIFIC INC (TMO) - 0.20%	UNILEVER PLC (n/a) - 1.30%
#25	TJX COMPANIES INC (TJX) - 0.20%	AXA SA (n/a) - 1.20%
Total Holdings	472	223

SPXL vs LVHI - Historical Returns

Returns include dividend reinvestment.

Period	SPXL	LVHI
1 month	+28.35%	-1.77%
3 months	+16.26%	+1.50%
6 months	+25.09%	+15.72%
1 year	+97.99%	+32.18%
5 years(CAGR)	+21.95%	+15.76%
10 years(CAGR)	+30.19%	+11.17%
Max(CAGR)	+28.54%	+11.17%

Winner

SPXL

+28.35%

LVHI

-1.77%

Winner

SPXL

+16.26%

LVHI

+1.50%

Winner

SPXL

+25.09%

LVHI

+15.72%

Winner

SPXL

+97.99%

LVHI

+32.18%

5Y(CAGR)

Winner

SPXL

+21.95%

LVHI

+15.76%

10Y(CAGR)

Winner

SPXL

+30.19%

LVHI

+11.17%

Max(CAGR)

Winner

SPXL

+28.54%

LVHI

+11.17%

SPXL vs LVHI - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	SPXL	LVHI
2026	+20.10%	+9.26%
2025	+33.02%	+26.94%
2024	+66.58%	+14.48%
2023	+71.53%	+15.59%
2022	-57.31%	+3.08%
2021	+107.32%	+17.22%
2020	+6.68%	-9.74%
2019	+102.65%	+18.02%
2018	-26.55%	-5.49%
2017	+67.50%	+10.01%
2016	+35.96%	+5.46%
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 LVHI Drawdown Comparison

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

The maximum drawdown for LVHI was -32.30%, occurring on Mar 16, 2020. Recovery took 327 trading sessions.

The current LVHI drawdown is -2.06%.

Rank	SPXL	LVHI
#1	-76.86% Feb 19, 2020 - Jan 8, 2021	-32.30% Feb 20, 2020 - Jun 8, 2021
#2	-71.32% Nov 5, 2008 - Sep 15, 2009	-11.99% Mar 25, 2025 - May 15, 2025
#3	-63.80% Jan 3, 2022 - Jun 12, 2024	-11.29% Jun 7, 2022 - Nov 30, 2022
#4	-53.81% Apr 29, 2011 - Sep 13, 2012	-9.72% Jan 9, 2018 - Mar 13, 2019
#5	-50.17% Sep 20, 2018 - Jul 12, 2019	-8.11% Feb 9, 2022 - Apr 19, 2022
#6	-48.95% Dec 6, 2024 - Jul 25, 2025	-6.39% Jul 22, 2024 - Aug 23, 2024
#7	-43.44% Apr 23, 2010 - Dec 10, 2010	-6.09% Jul 3, 2019 - Sep 11, 2019
#8	-39.56% May 21, 2015 - Jul 20, 2016	-6.07% Feb 27, 2026 - Mar 20, 2026
#9	-29.48% Jan 26, 2018 - Sep 20, 2018	-5.65% Sep 20, 2023 - Nov 17, 2023
#10	-26.77% Jan 12, 2026 - Apr 17, 2026	-5.03% Mar 6, 2023 - Apr 10, 2023
#11	-24.36% Jul 16, 2024 - Sep 26, 2024	-4.85% Apr 22, 2019 - Jun 20, 2019
#12	-22.79% Jan 19, 2010 - Mar 11, 2010	-4.50% Jul 31, 2023 - Sep 14, 2023
#13	-21.42% Sep 14, 2012 - Jan 10, 2013	-4.48% Aug 16, 2021 - Dec 23, 2021
#14	-21.05% Sep 18, 2014 - Nov 3, 2014	-4.33% May 4, 2022 - May 26, 2022
#15	-17.96% Jul 26, 2019 - Nov 1, 2019	-4.02% May 10, 2017 - Dec 8, 2017

Correlation

Correlation between SPXL and LVHI 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 LVHI dividend yield comparison.

Year	SPXL	LVHI
2026	0.17%	0.39%
2025	0.69%	4.92%
2024	0.74%	3.98%
2023	0.98%	8.12%
2022	0.32%	7.74%
2021	0.11%	4.13%
2020	0.22%	3.97%
2019	0.84%	6.67%
2018	1.02%	10.67%
2017	3.88%	3.38%
2016	0.00%	2.02%
2010	2.17%	0.00%
2009	13.15%	0.00%
2008	0.18%	0.00%