SPXL vs VOOB
Direxion Daily S&P 500 Bull 3X ETF vs VistaShares Shield S&P 500 Enhanced Protection ETF
Which is better, SPXL or VOOB?
VOOB costs less.
VOOB has a lower expense ratio.
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 | SPXL | VOOB |
|---|---|---|
| Expense Ratio | 0.84% | 0.79%Best |
| AUM | $5.9B | $999,130.1 |
| Dividend Yield | 0.54% | 0.00% |
| Holdings | 1,040 | 13 |
| YTD Return | +23.01%Best | +0.32% |
| 1Y Return | +21.72% | - |
| 3Y Return (annualized) | +49.42% | - |
| 5Y Return (annualized) | +16.00% | - |
| Fund Family | Direxion Shares ETF Trust | VistaShares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Nov 5, 2008 | Sep 21, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
SPXL vs VOOB 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.
SPXL vs VOOB Performance
Direxion Daily S&P 500 Bull 3X ETF (SPXL) is an ETF from Direxion Shares ETF Trust and VistaShares Shield S&P 500 Enhanced Protection ETF (VOOB) is an ETF from VistaShares. Year to date, SPXL is up 23.01% versus a gain of 0.32% for VOOB.
Past performance does not guarantee future results.
Fees and Cost Over Time
SPXL charges 0.84% per year while VOOB charges 0.79%. On a $10,000 position that is $84 vs $79 annually, a gap of $5 per year that compounds over a long holding period. On income, SPXL currently yields 0.54% against 0.00% for VOOB.
Holdings Overlap
We hold position weights for 505 holdings in SPXL and 1 in VOOB, totalling 81.8% and 0.8% 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 505 positions we hold weights for in SPXL and 1 in VOOB, against full books of 1,040 and 13.
You are not choosing between two funds in isolation.
Whichever of SPXL and VOOB 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, SPXL or VOOB?
SPXL has an expense ratio of 0.84% while VOOB charges 0.79%. VOOB is the cheaper option, by $5 a year on a $10,000 investment.
Which pays a higher dividend, SPXL or VOOB?
SPXL yields 0.54% while VOOB yields 0.00%, so SPXL currently pays the higher dividend yield.
Is VOOB better than SPXL?
VOOB has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.