Lithium Americas Corp vs Direxion Daily 20 Year Treasury Bull 3X Shares — how do they compare? Lithium Americas Corp trades at $3.07 (market cap $1.01B), while Direxion Daily 20 Year Treasury Bull 3X Shares trades at $32.38. Which is the better fit depends on your goals.
| LAC | TMF | |
|---|---|---|
Market Cap | $1.01B | — |
Sector | Basic Materials | Leveraged / Inverse |
52-Week High | $10.05 | $44.14 |
52-Week Low | $2.55 | $31.85 |
Enterprise Value | $1.13B | — |
Trailing returns across standard periods
Lithium Americas is a resource company focused on developing the Thacker Pass project in Nevada, the largest known lithium resource in the US. It aims to become a major supplier for the electric vehicle battery market.
Read more on LAC →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 →