Kinross Gold Corporation vs Direxion Daily 20 Year Treasury Bull 3X Shares — how do they compare? Kinross Gold Corporation trades at $27.75 (market cap $32.29B), while Direxion Daily 20 Year Treasury Bull 3X Shares trades at $31.15. The key difference: Kinross Gold Corporation pays a 0.59% dividend while Direxion Daily 20 Year Treasury Bull 3X Shares pays none, and Kinross Gold Corporation 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.
| KGC | TMF | |
|---|---|---|
Market Cap | $32.29B | — |
Sector | Basic Materials | Leveraged / Inverse |
52-Week High | $38.06 | $44.14 |
52-Week Low | $18.70 | $30.59 |
Enterprise Value | $30.37B | — |
Dividend Yield | 0.59% | — |
Trailing returns across standard periods
Latest headlines on both assets
Kinross Gold is a Canada-based senior gold producer, producing roughly 2.4 million gold equivalent ounces in 2020. The company had 30 million ounces of proven and probable gold reserves and 59 million ounces of silver reserves at the end of 2020. It operates mines and focuses its greenfield and brownfield exploration in the Americas, West Africa, and Russia. The company has historically used acquisitions to fuel expansion into new regions and production growth.
Read more on KGC →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 →