ConocoPhillips vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? ConocoPhillips trades at $125.33 (market cap $151.27B), while Direxion Daily S&P 500 Bull 3X Shares trades at $295.01. The key difference: ConocoPhillips pays a 2.67% dividend while Direxion Daily S&P 500 Bull 3X Shares pays none, and Direxion Daily S&P 500 Bull 3X Shares is trading nearer its 52-week high, ConocoPhillips nearer its low. Which is the better fit depends on your goals.
| COP | SPXL | |
|---|---|---|
Market Cap | $151.27B | — |
Sector | Energy | Leveraged / Inverse |
52-Week High | $133.80 | $296.39 |
52-Week Low | $85.66 | $170.20 |
Enterprise Value | $166.87B | — |
Dividend Yield | 2.67% | — |
Trailing returns across standard periods
Latest headlines on both assets
ConocoPhillips is a U.S.-based independent exploration and production firm. In 2021, it produced 1.0 million barrels per day of oil and natural gas liquids and 3.2 billion cubic feet per day of natural gas, primarily from Alaska and the Lower 48 in the United States and Norway in Europe and several countries in Asia-Pacific and the Middle East. Proven reserves at year-end 2021 were 6.1 billion barrels of oil equivalent.
Read more on COP →SPXL aims for 300% of the S&P 500's daily performance. It uses swaps and futures to provide 3x leverage, making it a high-risk tool for short-term traders. Due to daily resets, it is prone to volatility decay and is not intended for long-term holding.
Read more on SPXL →