Broadcom Inc vs Direxion Daily TSLA Bull 2X Shares — how do they compare? Broadcom Inc trades at $421.25 (market cap $1.98T), while Direxion Daily TSLA Bull 2X Shares trades at $8.35. The key difference: Broadcom Inc pays a 0.62% dividend while Direxion Daily TSLA Bull 2X Shares pays none, and Broadcom Inc is trading nearer its 52-week high, Direxion Daily TSLA Bull 2X Shares nearer its low. Which is the better fit depends on your goals.
| AVGO | TSLL | |
|---|---|---|
Market Cap | $1.98T | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $481.57 | $23.03 |
52-Week Low | $289.60 | $6.74 |
Enterprise Value | $2.02T | — |
Dividend Yield | 0.62% | — |
Trailing returns across standard periods
Latest headlines on both assets
Broadcom--the combined entity of Broadcom and Avago--boasts a highly diverse product portfolio across an array of end markets. Avago focused primarily on radio frequency filters and amplifiers used in high-end smartphones, such as the Apple iPhone and Samsung Galaxy devices, in addition to an assortment of solutions for wired infrastructure, enterprise storage, and industrial end markets. Legacy Broadcom targeted networking semiconductors, such as switch and physical layer chips, broadband products (such as television set-top box processors), and connectivity chips that handle standards such as Wi-Fi and Bluetooth. The company has acquired Brocade, CA Technologies, Symantec's enterprise security business, and has a pending deal to acquire VMware to bolster its offerings in software.
Read more on AVGO →TSLL provides 200% of the daily performance of Tesla, Inc. (TSLA). It uses swaps and financial derivatives to achieve its 2x leverage, making it a high-volatility tool for tactical trading rather than long-term investment due to daily resets.
Read more on TSLL →