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Direxion Daily S&P 500 Bull 3x Shares

Name of ETF: Direxion Daily S&P 500 Bull 3x Shares

Benchmark Index: S&P 500 Index

Ticker Symbol: SPXL

Approximate Number of Stocks in this ETF: 500

Types of Companies Included: Companies in the S&P 500. The S&P 500 is comprised of some of the largest U.S. companies and is one of the most recognizable indices in the world.

Daily Target: 3x

Leveraged ETF: This ETF attempts to produce leveraged daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 3x (300%). This means the ETF is seeking results equal to 300% of the benchmark index performance.

Related Links:

List of S&P 500 ETFs

Direxion Website