Compare · 2 funds side by side · dividends reinvested

TMF and SPXL

TMFDirexion×SPXLDirexion×

Versus in desk

Story of the two · Growth5Y$10,000 five years agoDividends reinvested · both on one scale$21,895SPXL · best of the two

02 / 04

TMF and SPXL, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

Direxion Daily S&P 500 Bull 3X SharesLeveraged · 3x0.95%0.54%+22.5%+20.6%+59.2%+17.0%−26.8%38.3%$6.5B1.3

Direxion Daily 20+ Year Treasury Bull 3X ETFLeveraged · 3x1.01%4.76%−19.0%−26.2%−7.1%−33.9%−38.0%28.2%$2.0B1.8

Rank among the two1st → 2ndFee, drop and volatility: lower ranks higherAvg rank: mean of the 8 ranks · 1 is best

End-of-day Nov 3, 2026 · returns include dividends · since: TMF 2009 · SPXL 2008

Head to Head

Swap sides Versus in desk

Head to Head

Direxion Daily S&P 500 Bull 3X Shares · $6.5B$21,895

SPXL

TMF

Direxion Daily 20+ Year Treasury Bull 3X ETF · $2.0B$1,265

$10,000 five years ago, dividends reinvested · they hold 0.0% in common

SPXLMeasureTMF

+22.5%Year to dateJan 1 → Nov 3−19.0%

+20.6%1 yearTotal return−26.2%

+59.2%3 years · per year$10,000 became $40,354 · $8,027−7.1%

+17.0%5 years · per year$10,000 became $21,895 · $1,265−33.9%

0.95%Expense ratio$95 · $101 a year on $10k · lower is better1.01%

0.54%Trailing 12-mo yield$54 · $476 a year on $10k4.76%

−26.8%Worst dropSmaller is better−38.0%

38.3%VolatilityLower is calmer28.2%

SPXLTMF Winner of the row, in its colourEach row: the bigger of the two fills its side

6–2SPXL wins

End-of-day Nov 3, 2026 · returns include dividends · 3Y and 5Y figures are per-year returns

More Ways to See the Pairs

SPXL vs TMF: Top 5 Holdings

Today

SPXL

5.8%in top 5

TMF

in top 518.9%

SPXLStockTMF

not top 5TLT18.9%

1.6%AAPLnot top 5

1.6%NVDAnot top 5

1.2%MSFTnot top 5

0.8%AMZNnot top 5

0.5%GOOGLnot top 5

Held in common0.0%

End-of-day Nov 3, 2026 · share of each fund

SPXL vs TMF Returns, Every Period

DirexionSPXL

+17.0%

5 years, per year

TMFDirexion

−33.9%

5 years, per year

SPXLTMFFaded: behind in that period

4–0SPXL wins

End-of-day Nov 3, 2026 · dividends in · faded = behind in that period

SPXL vs TMF

YTD

DirexionSPXL

+22.5%

TMFDirexion

−19.0%

+22.5%Year to date−19.0%

−26.8%Worst drop · 1Y−38.0%

38.3%Volatility · 1Y28.2%

0.5%Yield4.8%

$6.5BAssets$2.0B

2–2level

End-of-day Nov 3, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: TMF, SPXL

Today

0.95%lowest, SPXL

FundExpense ratioFee$10k

SPXL0.95%$95

TMF1.01%$101

End-of-day Nov 3, 2026 · fee on $10,000 a year

Yields: TMF, SPXL

4.76%highest, TMF

FundTrailing yieldYield$10k

TMF4.76%$476

SPXL0.54%$54

End-of-day Nov 3, 2026 · trailing 12-month yield

Income After Fees on $10,000

$375most kept, TMF

TMF$476 − $101 = $375

SPXL$54 − $95 = −$41

KeptFee

End-of-day Nov 3, 2026 · yield in dollars minus the fee

Overlap: TMF, SPXL

Today

0.0%most shared, TMF and SPXL

TMFSPXL

TMF—0.0%

SPXL0.0%—

End-of-day Nov 3, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 2 ETFs

+20.6%SPXL, at 38.3% volatility

TMFWorst drop−38.0%28.2% vol

SPXLWorst drop−26.8%38.3% vol

End-of-day Nov 3, 2026 · up and left is better

Paid More vs Made More

YTD

TMFSPXL

−19.0%Year to date+22.5%

4.8%Yield0.5%

−26.2%Past year+20.6%

1.01%Fee0.95%

3–1SPXL wins

End-of-day Nov 3, 2026

Popular Pairs Near These Two

SCHD vs VIG

YTD

SchwabSCHD

+32.8%

VIGVanguard

+14.0%

+32.8%Year to date+14.0%

3.0%Yield1.5%

$121BAssets$109B

2–0SCHD wins

End-of-day Nov 3, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+7.5%

JEPIJ.P. Morgan

+7.0%

+7.5%Year to date+7.0%

12.3%Yield8.0%

$41.8BAssets$46.0B

2–0JEPQ wins

End-of-day Nov 3, 2026

SPYM vs SPY

YTD

SPDRSPYM

+11.5%

SPYSPDR

+11.5%

+11.5%Year to date+11.5%

1.0%Yield1.0%

$185BAssets$798B

0–0level

End-of-day Nov 3, 2026