Chainbiker News, citing a report by Yahoo Finance, says Direxion Daily S&P 500 Bull 3X Shares (SPXL) is a leveraged ETF designed to provide three times the S&P 500’s daily performance. Although the ETF rose by about 10% in 2026, due to daily leverage resets, SPXL may still lose money even when the index rises. Long-term investors may be better off choosing the SPDR S&P 500 ETF (SPY), whose fee of 0.84% is far lower than SPXL’s. Over the past five years, SPXL’s cumulative return has reached 155%, but in a highly volatile market environment, its performance may be significantly worse than expected. Investors should understand how leverage, compounding, and market volatility affect returns before buying SPXL.