Microchip Technology Inc. vs Direxion Daily TSLA Bull 2X Shares — how do they compare? Microchip Technology Inc. trades at $82.5 (market cap $43.99B), while Direxion Daily TSLA Bull 2X Shares trades at $8.37. The key difference: Microchip Technology Inc. pays a 2.25% dividend while Direxion Daily TSLA Bull 2X Shares pays none, and Microchip Technology Inc. is trading nearer its 52-week high, Direxion Daily TSLA Bull 2X Shares nearer its low. Which is the better fit depends on your goals.
| MCHP | TSLL | |
|---|---|---|
Market Cap | $43.99B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $102.97 | $23.03 |
52-Week Low | $49.02 | $6.74 |
Enterprise Value | $49.12B | — |
Dividend Yield | 2.25% | — |
Trailing returns across standard periods
Latest headlines on both assets
Microchip became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
Read more on MCHP →TSLL provides 200% of the daily performance of Tesla, Inc. (TSLA). It uses swaps and financial derivatives to achieve its 2x leverage, making it a high-volatility tool for tactical trading rather than long-term investment due to daily resets.
Read more on TSLL →