SPXL monthly performance report
Check SPXL's monthly returns, drawdown, and seasonality trends — updated every month.
SPXL monthly report
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Key takeaways
- SPXL (SPXL) closed November 2026 at $265.10, down 1.94% for the month and +24.23% over the trailing 12 months.
- Year-to-date, SPXL is +20.17%, outperforming the S&P 500 which has returned +10.62% YTD.
- The stock is trading +3.18% versus its 200-day moving average ($256.92), a bullish technical signal.
- Over the past three years, SPXL has outperformed the S&P 500 by +146.45%, with a relative strength index reading of 185.5.
- Win rate over the trailing 39 months stands at 56.4% — 22 positive months versus 17 negative months.
SPXL ended November 2026 at $265.10, posting a monthly return of −1.94%. The S&P 500 returned −0.18% over the same window, leaving relative performance at −1.76%.
The current quarter stands at −5.69% (Q4 2026 (QTD)), while medium-term trend remains constructive: price is +3.18% versus the 200-day moving average ($256.92).
Year-to-date, SPXL is +20.17% against SPY +10.62%, a gap of +9.54%. The stock is currently −12.55% below its 52-week high, with maximum 3-year drawdown at −49.21%.
| Period | SPXL | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | −1.22% | −0.36% | −0.86% |
| 1 Week | +7.44% | +2.59% | +4.84% |
| 1 Month | −1.94% | −0.18% | −1.76% |
| 3 Months | −10.13% | −2.37% | −7.76% |
| 6 Months | −4.26% | +0.83% | −5.09% |
| YTD | +20.17% | +10.62% | +9.54% |
| 12 Months | +24.23% | +12.25% | +11.98% |
| 3 Years | +217.83% | +71.37% | +146.45% |
| Rank | Month | Return |
|---|---|---|
| #1 | Apr 2026 | +33.25% |
| #2 | Nov 2023 | +28.25% |
| #3 | May 2025 | +18.23% |
| #4 | Nov 2024 | +17.39% |
| #5 | May 2026 | +15.54% |
| Rank | Month | Return |
|---|---|---|
| #1 | Mar 2025 | −17.84% |
| #2 | Mar 2026 | −15.86% |
| #3 | Sep 2023 | −14.92% |
| #4 | Apr 2024 | −12.99% |
| #5 | Apr 2025 | −8.76% |
| Quarter | Return |
|---|---|
| Q3 2025 | +22.11% |
| Q4 2025 | +4.11% |
| Q1 2026 | −16.19% |
| Q2 2026 | +46.40% |
| Q3 2026 | +3.85% |
| Q4 2026 (QTD) | −5.69% |
| Year | Return |
|---|---|
| 2023 | +67.43% |
| 2024 | +62.23% |
| 2025 | +30.77% |
| 2026 | +20.17% |
| Metric | Value |
|---|---|
| 52-Week High | $303.16 (2026-08-13) |
| 52-Week Low | $168.04 (2026-03-30) |
| Current Price | $265.10 |
| 200-Day Moving Average | $256.92 |
| Price vs 200DMA | +3.18% |
| 3-Year Maximum Drawdown | −49.21% (2025-04-08) |
| Current Drawdown from 52W High | −12.55% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 185.5 |
| 3-Year Excess Return vs S&P 500 | +146.45% |
| RS Peak | 204.4 (Aug 2026) |
| RS Trough | 100 (Nov 2023) |
| Status | Outperforming Benchmark |
Frequently asked questions
What was SPXL's return for this report period?
SPXL returned −1.94% in the latest monthly window ending 2026-11-13.
Has SPXL outperformed SPY year to date?
YTD SPXL: +20.17% vs SPY: +10.62%.
What is SPXL's 12-month return?
+24.23% over the trailing 12 months.
Is SPXL above or below its 200-day moving average?
Price is +3.18% versus 200DMA ($256.92).
What is the maximum drawdown in the 3-year window?
−49.21% on 2025-04-08.