DoorDash Inc vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? DoorDash Inc trades at $211.85 (market cap $91.86B), while Direxion Daily S&P 500 Bull 3X Shares trades at $295.2. The key difference: Direxion Daily S&P 500 Bull 3X Shares is trading nearer its 52-week high, DoorDash Inc nearer its low. Which is the better fit depends on your goals.
| DASH | SPXL | |
|---|---|---|
Market Cap | $91.86B | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $281.74 | $296.39 |
52-Week Low | $146.60 | $170.20 |
Enterprise Value | $89.82B | — |
Trailing returns across standard periods
Latest headlines on both assets
Founded in 2013 and headquartered in San Francisco, DoorDash is an online food order demand aggregator. Consumers can use its app to order food on-demand for pickup or delivery from merchants mainly in the U.S. The firm provides a marketplace for the merchants to create a presence online, market their offerings, and meet demand by making the offerings available for pickup or delivery. The firm provides similar service to businesses in addition to restaurants, such as grocery, retail, pet supplies, and flowers. At the end of 2020, DoorDash had over 450,000 merchants, 20 million consumers, and over 1 million dashers on its platform. In 2020, the firm generated $24.7 billion in gross order volume (up 207% year over year) and $2.9 billion in revenue (up 226%).
Read more on DASH →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.
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