Manulife Financial Corporation vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? Manulife Financial Corporation trades at $42.51 (market cap $69.96B), while Direxion Daily S&P 500 Bull 3X Shares trades at $270.57. The key difference: Manulife Financial Corporation pays a 3.14% dividend while Direxion Daily S&P 500 Bull 3X Shares pays none. Which is the better fit depends on your goals.
| MFC | SPXL | |
|---|---|---|
Market Cap | $69.96B | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $43.39 | $288.04 |
52-Week Low | $29.90 | $170.20 |
Enterprise Value | $66.52B | — |
Dividend Yield | 3.14% | — |
Trailing returns across standard periods
Manulife provides life insurance and wealth management products and services to individuals and group customers in Canada, the United States, and Asia. Manulife is one of Canada's Big Three Life Insurance companies (the other two are Sun Life and Great West Life). As of Dec. 31, 2021, Manulife reported assets under management or administration of about CAD $1.4 trillion.
Read more on MFC →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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