Compare Monster Beverage Corp (MNST) vs Direxion Daily S&P 500 Bull 3X Shares (SPXL) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Monster Beverage Corp vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? Monster Beverage Corp trades at $94.47 (market cap $93.35B), while Direxion Daily S&P 500 Bull 3X Shares trades at $270.65. Which is the better fit depends on your goals.
| MNST | SPXL | |
|---|---|---|
Market Cap | $93.35B | — |
Sector | Consumer Staples | Leveraged / Inverse |
52-Week High | $99.94 | $288.04 |
52-Week Low | $58.75 | $170.20 |
Enterprise Value | $91.65B | — |
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
About Monster Beverage Corp
Monster Beverage is a leader in the energy drink subsegment of the beverage industry. The Monster trademark anchors the portfolio, and notable offerings include Monster Energy and Monster Ultra. The firm has also started to incubate new trademarks for emerging enclaves of the energy space, like Reign in performance energy. It is primarily a brand owner, outsourcing most of its manufacturing processes to third-party copackers. It primarily uses the Coca-Cola bottling system for distribution after a strategic agreement in which Coke became Monster's largest shareholder (nearly 20%) and that also included the exchange of certain businesses between the two firms. Most of Monster's revenue is generated in the United States, though international geographies are increasing in the mix.
Read more on MNST →About Direxion Daily S&P 500 Bull 3X Shares
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.
Read more on SPXL →
