Yahoo Finance·2026-02-03 15:19Core Insights - Direxion Daily S&P 500 Bull 3X Shares (SPXL) and ProShares - Ultra QQQ (QLD) provide leveraged exposure to major U.S. indexes, with QLD having a higher fee and managing nearly double the assets compared to SPXL [1][2] Cost & Size Comparison - SPXL has an expense ratio of 0.93% while QLD has a slightly higher expense ratio of 0.98% - As of January 30, 2026, SPXL's one-year return is 24.6% and QLD's is 27.6% - SPXL offers a dividend yield of 0.7%, compared to QLD's 0.2% - SPXL has a beta of 3.09, indicating higher volatility compared to QLD's beta of 2.34 - Assets under management (AUM) for SPXL is $5.9 billion, while QLD manages $10.7 billion [3][4] Performance & Risk Comparison - The maximum drawdown over five years for SPXL is -63.84% and for QLD is -63.78% - An investment of $1,000 would grow to $3,127 in SPXL over five years, compared to $2,370 in QLD [5] Fund Composition - QLD aims to deliver twice the daily performance of the Nasdaq-100 Index, holding 101 companies with a significant focus on technology (53%) and communication services (17%) - The top three holdings in QLD are Nvidia Corp, Apple Inc, and Microsoft Corp [6] - SPXL provides exposure to the broader S&P 500, with a more diversified sector mix: technology (35%), financial services (13%), and communication services (11%) - SPXL also holds Nvidia Corp, Apple Inc, and Microsoft Corp, but with smaller weightings compared to QLD [7]