SPXL vs SHLD
Comparison between DIREXION DAILY S&P 500(R) BULL 3X SHARES (SPXL, ETF) and GLOBAL X DEFENSE TECH ETF (SHLD, ETF).
SPXL vs SHLD - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
SPXL
$6.90B
SHLD
$6.90B
Expense Ratio
SPXL
N/A
SHLD
0.50%
Max Drawdown
SPXL
76.86%
Winner
SHLD
25.40%
Sharpe Ratio
Winner
SPXL
1.28
SHLD
-0.04
5Y Beta
SPXL
2.89
Winner
SHLD
0.67
P/E Ratio
Winner
SPXL
28.23
SHLD
31.68
Forward P/E
Winner
SPXL
20.49
SHLD
23.67
PEG Ratio
SPXL
N/A
SHLD
0.60
5Y Dividends CAGR
SPXL
58.17%
SHLD
N/A
5Y EPS CAGR
SPXL
N/A
SHLD
4.30%
Debt to Equity
Winner
SPXL
24.91%
SHLD
68.27%
P/S Ratio
SPXL
3.62
Winner
SHLD
2.21
P/B Ratio
SPXL
5.75
Winner
SHLD
4.61
SPXL vs SHLD - Holdings Comparison
SPXL and SHLD have 7 common holdings. Overlap is 0.34%
SPXL's top 25 holdings weight is 69.64%. SHLD's top 25 holdings weight is 90.57%.
| Rank | SPXL | SHLD |
|---|---|---|
| #1 | S&P 500 INDEX SWAP (n/a) - 16.07% | RTX CORP (RTX) - 9.14% |
| #2 | DREYFUS TRSRY SECURITIES CASH MGMT (n/a) - 13.06% | GENERAL DYNAMICS CORP (GD) - 9.05% |
| #3 | DREYFUS GOVT CASH MAN INS (n/a) - 6.59% | LOCKHEED MARTIN CORP (LMT) - 8.21% |
| #4 | NVIDIA CORP (NVDA) - 5.17% | NORTHROP GRUMMAN CORP (NOC) - 8.14% |
| #5 | APPLE INC (AAPL) - 5.02% | PALANTIR TECHNOLOGIES INC ORDINARY SHARES CLASS A (PLTR) - 8.02% |
| #6 | MICROSOFT CORP (MSFT) - 3.14% | BAE SYSTEMS PLC (n/a) - 4.49% |
| #7 | GOLDMAN FINL SQ TRSRY INST 506 (n/a) - 3.01% | L3HARRIS TECHNOLOGIES INC (LHX) - 4.38% |
| #8 | JP MORGAN 100 US TRSY CAPITAL 3163 (n/a) - 2.63% | RHEINMETALL AG (n/a) - 3.96% |
| #9 | AMAZON.COM INC (AMZN) - 2.61% | LEONARDO SPA AZ NOM POST RAGGRUPPAMENTO (n/a) - 3.75% |
| #10 | ALPHABET INC CLASS A (GOOGL) - 2.35% | THALES (n/a) - 3.67% |
| #11 | BROADCOM INC (AVGO) - 1.93% | HANWHA AEROSPACE CO LTD (n/a) - 3.44% |
| #12 | ALPHABET INC CLASS C (GOOG) - 1.88% | SAAB AB CLASS B (n/a) - 3.42% |
| #13 | META PLATFORMS INC CLASS A (META) - 1.44% | ELBIT SYSTEMS LTD (n/a) - 3.31% |
| #14 | TESLA INC (TSLA) - 1.29% | BWX TECHNOLOGIES INC (BWXT) - 2.57% |
| #15 | MICRON TECHNOLOGY INC (MU) - 1.21% | KONGSBERG GRUPPEN ASA (n/a) - 2.08% |
| #16 | CITIGROUP INC (C) - 0.27% | LEIDOS HOLDINGS INC (LDOS) - 2.05% |
| #17 | MARVELL TECHNOLOGY INC (MRVL) - 0.24% | HUNTINGTON INGALLS INDUSTRIES INC (HII) - 1.74% |
| #18 | WESTERN DIGITAL CORP (WDC) - 0.22% | MOOG INC CLASS A (MOG-A) - 1.73% |
| #19 | AMPHENOL CORP CLASS A (APH) - 0.22% | KRATOS DEFENSE & SECURITY SOLUTIONS INC (KTOS) - 1.43% |
| #20 | MCDONALD'S CORP (MCD) - 0.22% | PLANET LABS PBC CLASS A (PL) - 1.17% |
| #21 | CROWDSTRIKE HOLDINGS INC CLASS A (CRWD) - 0.22% | MERCURY SYSTEMS INC (MRCY) - 1.02% |
| #22 | AMGEN INC (AMGN) - 0.22% | BABCOCK INTERNATIONAL GROUP PLC (n/a) - 1.00% |
| #23 | THERMO FISHER SCIENTIFIC INC (TMO) - 0.21% | KOREA AEROSPACE INDUSTRIES LTD (n/a) - 0.96% |
| #24 | SEAGATE TECHNOLOGY HOLDINGS PLC (STX) - 0.21% | PARSONS CORP (PSN) - 0.92% |
| #25 | AMERICAN EXPRESS CO (AXP) - 0.21% | AEROVIRONMENT INC (AVAV) - 0.92% |
| Total Holdings | 471 | 55 |
SPXL vs SHLD - Historical Returns
Returns include dividend reinvestment.
1M
Winner
SPXL
+0.50%
SHLD
-5.61%
3M
Winner
SPXL
+11.54%
SHLD
-17.86%
6M
Winner
SPXL
+16.60%
SHLD
-22.67%
1Y
Winner
SPXL
+47.74%
SHLD
-1.74%
5Y(CAGR)
SPXL
+20.46%
SHLD
N/A
10Y(CAGR)
SPXL
+28.32%
SHLD
N/A
Max(CAGR)
SPXL
+28.21%
Winner
SHLD
+37.44%
SPXL vs SHLD - Annual Returns (2008 - 2026)
Returns include dividend reinvestment.
| Year | SPXL | SHLD |
|---|---|---|
| 2026 | +20.42% | -9.30% |
| 2025 | +33.02% | +74.68% |
| 2024 | +66.58% | +35.09% |
| 2023 | +71.53% | +12.89% |
| 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 SHLD Drawdown Comparison
The maximum drawdown for SPXL was -76.86%, occurring on Mar 23, 2020. Recovery took 225 trading sessions.
The maximum drawdown for SHLD was -25.40%, occurring on Jun 25, 2026. This drawdown has not yet recovered.
The current SPXL drawdown is -7.56%. The current SHLD drawdown is -22.78%.
| Rank | SPXL | SHLD |
|---|---|---|
| #1 | -76.86% Feb 19, 2020 - Jan 8, 2021 | -25.40% Mar 9, 2026 - Jun 25, 2026 |
| #2 | -71.32% Nov 5, 2008 - Sep 15, 2009 | -15.06% Oct 8, 2025 - Jan 8, 2026 |
| #3 | -63.80% Jan 3, 2022 - Jun 12, 2024 | -10.92% Nov 11, 2024 - Feb 18, 2025 |
| #4 | -53.81% Apr 29, 2011 - Sep 13, 2012 | -10.53% Mar 18, 2025 - Apr 11, 2025 |
| #5 | -50.17% Sep 20, 2018 - Jul 12, 2019 | -8.91% Jan 16, 2026 - Mar 9, 2026 |
| #6 | -48.95% Dec 6, 2024 - Jul 25, 2025 | -5.42% Sep 18, 2023 - Oct 9, 2023 |
| #7 | -43.44% Apr 23, 2010 - Dec 10, 2010 | -5.39% Aug 6, 2025 - Sep 10, 2025 |
| #8 | -39.56% May 21, 2015 - Jul 20, 2016 | -4.96% Apr 8, 2024 - May 9, 2024 |
| #9 | -29.48% Jan 26, 2018 - Sep 20, 2018 | -4.52% Aug 30, 2024 - Oct 1, 2024 |
| #10 | -26.77% Jan 12, 2026 - Apr 17, 2026 | -4.49% Oct 18, 2024 - Nov 6, 2024 |
| #11 | -24.36% Jul 16, 2024 - Sep 26, 2024 | -4.17% May 31, 2024 - Jul 15, 2024 |
| #12 | -22.79% Jan 19, 2010 - Mar 11, 2010 | -3.79% Feb 18, 2025 - Mar 3, 2025 |
| #13 | -21.42% Sep 14, 2012 - Jan 10, 2013 | -3.62% May 8, 2025 - May 16, 2025 |
| #14 | -21.05% Sep 18, 2014 - Nov 3, 2014 | -3.55% Jul 31, 2024 - Aug 9, 2024 |
| #15 | -17.96% Jul 26, 2019 - Nov 1, 2019 | -3.15% Oct 16, 2023 - Nov 2, 2023 |
Correlation
Correlation between SPXL and SHLD is 0.83 which considered as a strong positive correlation - the stocks tend to move together.
0.83
-101
Dividend Comparison (2008 - 2026)
SPXL vs SHLD dividend yield comparison.
| Year | SPXL | SHLD |
|---|---|---|
| 2026 | 0.37% | 0.31% |
| 2025 | 0.69% | 0.55% |
| 2024 | 0.74% | 0.53% |
| 2023 | 0.98% | 0.26% |
| 2022 | 0.32% | 0.00% |
| 2021 | 0.11% | 0.00% |
| 2020 | 0.22% | 0.00% |
| 2019 | 0.84% | 0.00% |
| 2018 | 1.02% | 0.00% |
| 2017 | 3.88% | 0.00% |
| 2010 | 2.17% | 0.00% |
| 2009 | 13.15% | 0.00% |
| 2008 | 0.18% | 0.00% |
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