DYLG vs SPXL
Global X Dow 30 Covered Call & Growth ETF vs Direxion Daily S&P 500 Bull 3X ETF
Which is better, DYLG or SPXL?
SPXL has been ahead.
DYLG has a lower expense ratio. SPXL led over 1Y, 3Y and the full window. SPXL is less concentrated, with 48.3% of the fund in its ten largest positions against 55.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DYLG | SPXL |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.87% |
| AUM | $5M | $7.4B |
| Dividend Yield | 9.33% | 0.52% |
| Holdings | 66 | 1,030 |
| YTD Return | +7.96% | +30.47%Best |
| 1Y Return | +13.55% | +39.94%Best |
| 3Y Return (annualized) | +14.15% | +52.99%Best |
| 5Y Return (annualized) | - | +20.66% |
| Volatility (annualized) | 9.4%Best | 39.5% |
| Max Drawdown | -14.2%Best | -49.0% |
| $10,000 over 3.2 years | $14,429 | $30,286Best |
| Top 10 Weight | 55.5% | 48.3%Best |
| Fund Family | Global X by mirae Asset | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 25, 2023 | Nov 5, 2008 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jul 26, 2023 to Oct 14, 2026 (3.2 years).
DYLG vs SPXL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.2 years both funds cover.
DYLG vs SPXL Performance
Global X Dow 30 Covered Call & Growth ETF (DYLG) is an ETF from Global X by mirae Asset and Direxion Daily S&P 500 Bull 3X ETF (SPXL) is an ETF from Direxion Shares ETF Trust. Over the past year DYLG returned +13.55% while SPXL returned +39.94%. Year to date, DYLG is up 7.96% versus a gain of 30.47% for SPXL.
Over three years, DYLG compounded at +14.15% per year against +52.99% for SPXL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPXL has been the more volatile fund, with annualized monthly volatility of 39.5% compared with 9.4% for DYLG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -14.2% for DYLG and -49.0% for SPXL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DYLG charges 0.35% per year while SPXL charges 0.87%. On a $10,000 position that is $35 vs $87 annually, a gap of $52 per year that compounds over a long holding period. On income, DYLG currently yields 9.33% against 0.52% for SPXL.
Holdings Overlap
100.0% of DYLG's money is in holdings SPXL also owns. 28.8% of SPXL's money is in holdings DYLG also owns.
Most of DYLG is already inside SPXL. Owning both mostly buys the same companies twice.
30 positions in common, counted across the 30 positions we hold weights for in DYLG and 506 in SPXL, against full books of 66 and 1,030.
What only one of them owns
Our book lists 469 positions for SPXL that do not appear in our book for DYLG (68.2% of the fund), and 0 for DYLG that do not appear in SPXL (0.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DYLG | Weight in SPXL | Difference |
|---|---|---|---|
| GSGoldman Sachs Group Inc/The | 10.49% | 0.33% | 10.16% |
| CATCaterpillar, Inc. | 9.83% | 0.40% | 9.43% |
| MSFTMicrosoft Corp | 6.02% | 4.19% | 1.83% |
| AAPLApple, Inc | 3.88% | 5.45% | 1.57% |
| NVDANvidia Corp | 2.72% | 5.70% | 2.98% |
| GOOGLAlphabet Inc | 3.99% | 2.28% | 1.71% |
| AMZNAmazon.Com Inc | 2.92% | 2.77% | 0.15% |
| AMGNAmgen Inc. | 4.68% | 0.23% | 4.45% |
| JPMJpmorgan Chase | 3.86% | 1.05% | 2.81% |
| VVisa Inc Class A | 4.19% | 0.69% | 3.50% |
100.0% of DYLG is already inside SPXL.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DYLG or SPXL?
DYLG has an expense ratio of 0.35% while SPXL charges 0.87%. DYLG is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, DYLG or SPXL?
Over the past year DYLG returned +13.55% vs +39.94% for SPXL, so SPXL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DYLG or SPXL?
SPXL has been the more volatile fund at 39.5% annualized versus 9.4% for DYLG. Worst drawdown: DYLG -14.2% vs SPXL -49.0%.
Should I hold both DYLG and SPXL?
DYLG and SPXL have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DYLG and SPXL?
100.0% of DYLG's money is in holdings SPXL also owns. 28.8% of SPXL's is in holdings DYLG also owns. They hold 30 positions in common, counted across the 30 positions we hold weights for in DYLG and 506 in SPXL.
Which pays a higher dividend, DYLG or SPXL?
DYLG yields 9.33% while SPXL yields 0.52%, so DYLG currently pays the higher dividend yield.
Is SPXL better than DYLG?
DYLG has a lower expense ratio. SPXL led over 1Y, 3Y and the full window. SPXL is less concentrated, with 48.3% of the fund in its ten largest positions against 55.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.