Appian Corp vs Direxion Daily 20 Year Treasury Bull 3X Shares — how do they compare? Appian Corp trades at $26.12 (market cap $1.86B), while Direxion Daily 20 Year Treasury Bull 3X Shares trades at $32.84. The key difference: Appian Corp is trading nearer its 52-week high, Direxion Daily 20 Year Treasury Bull 3X Shares nearer its low. Which is the better fit depends on your goals.
| APPN | TMF | |
|---|---|---|
Market Cap | $1.86B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $45.64 | $44.14 |
52-Week Low | $18.72 | $31.85 |
Enterprise Value | $1.95B | — |
Trailing returns across standard periods
Latest headlines on both assets
Appian Corp provides a low-code software development platform as a service that enables organizations to rapidly develop powerful and unique applications. With its platform, organizations can rapidly and easily design, build and implement powerful, enterprise-grade custom applications through intuitive, visual interface with little or no coding required. The company's customers use applications built on its low-code platform to launch new business lines, automate vital employee workflows, manage complex trading platforms, accelerate drug development and build procurement systems. The group generates a majority of its revenue from the domestic market. It serves various industries such as education.
Read more on APPN →TMF is a leveraged ETF that seeks to provide 300% (3x) of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. It is a tactical instrument used by sophisticated traders to capitalize on declining interest rates or to hedge against equity market volatility. Due to its daily reset mechanism and high expense ratio, TMF is structurally designed for short-term speculation rather than long-term buy-and-hold investing.
Read more on TMF →