Question: is spxl a good investment?
Answer: The SPXL is designed to generate three times the return of the S&P 500 each day. ... S&P 500 ETFs like the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) are widely considered to be some of the best long-term investments available. If you could triple the return of the S&P 500, that would be three times as good.