What is Direxion Daily S&P 500 Bull 3X Shares's dividend yield?▾
Direxion Daily S&P 500 Bull 3X Shares (SPXL) pays a current trailing twelve-month dividend yield of 0.53%, which works out to $1.43 per share annually based on the most recent payout schedule.
When does Direxion Daily S&P 500 Bull 3X Shares pay distributions?▾
The most recent ex-dividend date was June 23, 2026. The next scheduled dividend payment date is June 30, 2026.
How many years has Direxion Daily S&P 500 Bull 3X Shares increased its dividend?▾
Direxion Daily S&P 500 Bull 3X Shares (SPXL) has increased its dividend for 4 consecutive years.
What does Direxion Daily S&P 500 Bull 3X Shares invest in?▾
SPXL, as a levered product, is not a buy-and-hold ETF, it's a short-term tactical instrument for getting 3x exposure to the S&P 500. The fund gets the added exposure by using futures contracts and other derivatives. The underlying companies are among the biggest and most well-known in the world. Importantly, the implication of SPXL's daily rebalancing is that holding-period returns longer than a day are unlikely to resemble 3x exposure to the S&P 500. Shorter holding periods increase the importance of trading costs relative to yearly management costs, which are fairly high but average for...