Cognizant Technology Solutions Corp vs Direxion Daily 20 Year Treasury Bull 3X Shares — how do they compare? Cognizant Technology Solutions Corp trades at $57.8 (market cap $26.40B), while Direxion Daily 20 Year Treasury Bull 3X Shares trades at $31.13. The key difference: Cognizant Technology Solutions Corp pays a 2.25% dividend while Direxion Daily 20 Year Treasury Bull 3X Shares pays none, and Cognizant Technology Solutions 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.
| CTSH | TMF | |
|---|---|---|
Market Cap | $26.40B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $86.70 | $44.14 |
52-Week Low | $38.73 | $30.59 |
Enterprise Value | $27.44B | — |
Dividend Yield | 2.25% | — |
Trailing returns across standard periods
Cognizant is a global IT services provider, offering consulting and outsourcing services to some of the world's largest enterprises spanning the financial services, media and communications, healthcare, natural resources, and consumer products industries. Cognizant employs nearly 300,000 people globally, roughly 70% of whom are in India, although the company's headquarters are in Teaneck, New Jersey.
Read more on CTSH →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 →