A Leveraged Bet on the Broad Market or Big Tech: SPXL vs. QLD
2026-02-09 13:46:13 ET
Direxion Daily S&P 500 Bull 3X Shares ( NYSEMKT:SPXL ) and ProShares - Ultra QQQ ( NYSEMKT:QLD ) both offer daily leveraged exposure to large-cap U.S. stocks, but differ in cost, sector tilts, and long-term performance, QLD focusing on the tech-heavy Nasdaq-100 and SPXL tracking the broader S&P 500.
SPXL and QLD both use leverage to amplify daily returns, but their index focus creates distinct risk and return profiles. SPXL offers triple exposure to the S&P 500, while QLD provides double exposure to the Nasdaq-100. This comparison highlights their key differences in cost, holdings, risk, and performance.
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year weekly returns. The 1-yr return represents total return over the trailing 12 months.
NASDAQ: QLD
QLD Trading
-0.92% G/L:
$66.37 Last:
3,354,424 Volume:
$64.94 Open:
