HTUS vs SPXL
Hull Tactical US ETF vs Direxion Daily S&P 500 Bull 3X ETF
Which is better, HTUS or SPXL?
SPXL has been ahead.
SPXL has a lower expense ratio. SPXL led over 1Y, 3Y, 5Y and the full window.
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 | HTUS | SPXL |
|---|---|---|
| Expense Ratio | 0.96% | 0.87%Best |
| AUM | $174M | $7.4B |
| Dividend Yield | 1.19% | 0.52% |
| Holdings | 27 | 1,030 |
| YTD Return | +15.69% | +30.47%Best |
| 1Y Return | +8.15% | +39.94%Best |
| 3Y Return (annualized) | +19.36% | +52.99%Best |
| 5Y Return (annualized) | +6.41% | +20.66%Best |
| Volatility (annualized) | 16.1%Best | 46.7% |
| Max Drawdown | -50.7%Best | -76.9% |
| $10,000 over 5 years | $13,643 | $25,575Best |
| Fund Family | Hull Tactical Asset Allocation, LLC | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 24, 2015 | Nov 5, 2008 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 25, 2015 to Oct 14, 2026 (11.3 years).
HTUS 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
HTUS vs SPXL Performance
Hull Tactical US ETF (HTUS) is an ETF from Hull Tactical Asset Allocation, LLC and Direxion Daily S&P 500 Bull 3X ETF (SPXL) is an ETF from Direxion Shares ETF Trust. Over the past year HTUS returned +8.15% while SPXL returned +39.94%. Year to date, HTUS is up 15.69% versus a gain of 30.47% for SPXL.
Over three years, HTUS compounded at +19.36% per year against +52.99% for SPXL; over five years the annualized figures are +6.41% and +20.66% respectively. Across the full 11-year window we track, SPXL has the edge at +25.95% annualized vs +5.54%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPXL has been the more volatile fund, with annualized monthly volatility of 46.7% compared with 16.1% for HTUS. 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 -50.7% for HTUS and -76.9% 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HTUS charges 0.96% per year while SPXL charges 0.87%. On a $10,000 position that is $96 vs $87 annually, a gap of $9 per year that compounds over a long holding period. On income, HTUS currently yields 1.19% against 0.52% for SPXL.
Holdings Overlap
We hold position weights for 1 holding in HTUS and 506 in SPXL, totalling 68.7% and 97.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in HTUS and 506 in SPXL, against full books of 27 and 1,030.
You are not choosing between two funds in isolation.
Whichever of HTUS and SPXL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HTUS or SPXL?
HTUS has an expense ratio of 0.96% while SPXL charges 0.87%. SPXL is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, HTUS or SPXL?
Over the past year HTUS returned +8.15% vs +39.94% for SPXL, so SPXL leads on 1-year performance. Over the longest common window we track (11 years), HTUS annualized +5.54% vs +25.95% for SPXL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HTUS or SPXL?
SPXL has been the more volatile fund at 46.7% annualized versus 16.1% for HTUS. Worst drawdown: HTUS -50.7% vs SPXL -76.9%.
Should I hold both HTUS and SPXL?
HTUS and SPXL have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, HTUS or SPXL?
HTUS yields 1.19% while SPXL yields 0.52%, so HTUS currently pays the higher dividend yield.
Is SPXL better than HTUS?
SPXL has a lower expense ratio. SPXL led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.