Canopy Growth Corp vs Direxion Daily 20 Year Treasury Bull 3X Shares — how do they compare? Canopy Growth Corp trades at $0.99 (market cap $421.10M), while Direxion Daily 20 Year Treasury Bull 3X Shares trades at $31.04. Which is the better fit depends on your goals.
| CGC | TMF | |
|---|---|---|
Market Cap | $421.10M | — |
Sector | Health | Leveraged / Inverse |
52-Week High | $1.92 | $44.14 |
52-Week Low | $0.86 | $30.59 |
Enterprise Value | $378.55M | — |
Trailing returns across standard periods
Latest headlines on both assets
Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Tweed, Spectrum Therapeutics, and CraftGrow. Although it primarily operates in Canada, Canopy has distribution and production licenses in more than a dozen countries to drive expansion in global medical cannabis and also holds an option to acquire Acreage Holdings upon U.S. federal cannabis legalization.
Read more on CGC →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 →