IQIYI Inc - ADR vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? IQIYI Inc - ADR trades at $1.26 (market cap $1.20B), while Direxion Daily S&P 500 Bull 3X Shares trades at $270.48. The key difference: Direxion Daily S&P 500 Bull 3X Shares is trading nearer its 52-week high, IQIYI Inc - ADR nearer its low. Which is the better fit depends on your goals.
| IQ | SPXL | |
|---|---|---|
Market Cap | $1.20B | — |
Sector | Media | Leveraged / Inverse |
52-Week High | $2.79 | $288.04 |
52-Week Low | $0.96 | $170.20 |
Enterprise Value | $2.76B | — |
Trailing returns across standard periods
iQIYI Inc is an online entertainment service provider in China. It is primarily engaged in providing a variety of services encompassing internet video, live broadcasting, online games, online literature, animations, e-commerce, and social media platform. The company produces original video content and distributes appealing professionally produced content, partner-generated content, and user-generated content. It also offers a diverse collection of internet video content that appeals to users from broad demographics. The company's revenue is generated from membership services and online advertising services. The company earns most of its revenue from China.
Read more on IQ →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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