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SPXL vs TFLO

Comparison between DIREXION DAILY S&P 500(R) BULL 3X SHARES (SPXL, ETF) and ISHARES TREASURY FLOATING RATE BOND ETF (TFLO, ETF).

5-Year PerformanceSPXL has outperformed TFLO, delivering a return of +21.3% compared to +3.8%

SPXL vs TFLO - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
SPXL
$6.70B
TFLO
$6.70B
Expense Ratio
SPXL
N/A
TFLO
0.15%
Max Drawdown
SPXL
76.86%
Winner
TFLO
5.02%
Sharpe Ratio
Winner
SPXL
1.35
TFLO
0.25
5Y Beta
SPXL
2.89
Winner
TFLO
-0.00
P/E Ratio
SPXL
24.57
TFLO
N/A
Forward P/E
SPXL
20.97
TFLO
N/A
PEG Ratio
SPXL
0.31
TFLO
N/A
5Y Dividends CAGR
SPXL
58.17%
Winner
TFLO
145.45%
Debt to Equity
SPXL
42.39%
TFLO
N/A
P/S Ratio
SPXL
3.48
TFLO
N/A
P/B Ratio
SPXL
5.32
TFLO
N/A

SPXL vs TFLO - Historical Returns

Returns include dividend reinvestment.

1M
Winner
SPXL
+9.12%
TFLO
+0.36%
3M
Winner
SPXL
+14.48%
TFLO
+1.00%
6M
Winner
SPXL
+31.82%
TFLO
+1.88%
1Y
Winner
SPXL
+62.61%
TFLO
+3.94%
5Y(CAGR)
Winner
SPXL
+21.32%
TFLO
+3.78%
10Y(CAGR)
Winner
SPXL
+29.46%
TFLO
+2.42%
Max(CAGR)
Winner
SPXL
+28.90%
TFLO
+1.97%

SPXL vs TFLO - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

YearSPXLTFLO
2026+34.29%+2.28%
2025+33.02%+4.20%
2024+66.58%+5.34%
2023+71.53%+5.12%
2022-57.31%+1.99%
2021+107.32%-0.01%
2020+6.68%+0.43%
2019+102.65%+2.04%
2018-26.55%+1.90%
2017+67.50%+1.03%
2016+35.96%+0.21%
2015-5.43%+0.65%
2014+41.39%+0.06%
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 TFLO Drawdown Comparison

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

The maximum drawdown for TFLO was -5.01%, occurring on Dec 19, 2014. Recovery took 293 trading sessions.

RankSPXLTFLO
#1-76.86%
Feb 19, 2020 - Jan 8, 2021
-5.01%
Oct 28, 2014 - Dec 28, 2015
#2-71.32%
Nov 5, 2008 - Sep 15, 2009
-0.76%
Dec 28, 2015 - May 22, 2017
#3-63.80%
Jan 3, 2022 - Jun 12, 2024
-0.34%
Oct 13, 2014 - Oct 16, 2014
#4-53.81%
Apr 29, 2011 - Sep 13, 2012
-0.26%
Oct 16, 2014 - Oct 28, 2014
#5-50.17%
Sep 20, 2018 - Jul 12, 2019
-0.16%
Feb 20, 2018 - Feb 27, 2018
#6-48.95%
Dec 6, 2024 - Jul 25, 2025
-0.15%
Feb 25, 2020 - Mar 17, 2020
#7-43.44%
Apr 23, 2010 - Dec 10, 2010
-0.15%
May 14, 2014 - Jul 31, 2014
#8-39.56%
May 21, 2015 - Jul 20, 2016
-0.14%
Sep 2, 2014 - Oct 2, 2014
#9-29.48%
Jan 26, 2018 - Sep 20, 2018
-0.14%
Dec 29, 2017 - Jan 11, 2018
#10-26.77%
Jan 12, 2026 - Apr 17, 2026
-0.13%
Jul 29, 2022 - Aug 12, 2022
#11-24.36%
Jul 16, 2024 - Sep 26, 2024
-0.12%
Oct 2, 2014 - Oct 9, 2014
#12-22.79%
Jan 19, 2010 - Mar 11, 2010
-0.12%
Sep 12, 2017 - Sep 27, 2017
#13-21.42%
Sep 14, 2012 - Jan 10, 2013
-0.12%
Nov 3, 2017 - Nov 13, 2017
#14-21.05%
Sep 18, 2014 - Nov 3, 2014
-0.12%
Oct 19, 2017 - Oct 23, 2017
#15-17.96%
Jul 26, 2019 - Nov 1, 2019
-0.12%
Feb 7, 2018 - Feb 20, 2018

Correlation

Correlation between SPXL and TFLO 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 TFLO dividend yield comparison.

YearSPXLTFLO
20260.33%2.12%
20250.69%4.16%
20240.74%5.21%
20230.98%4.88%
20220.32%1.68%
20210.11%0.00%
20200.22%0.36%
20190.84%2.08%
20181.02%1.65%
20173.88%0.86%
20160.00%0.31%
20150.00%0.15%
20140.00%0.08%
20102.17%0.00%
200913.15%0.00%
20080.18%0.00%

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