Monster Beverage Corp vs Direxion Daily FTSE China Bull 3x Shares — how do they compare? Monster Beverage Corp trades at $94.48 (market cap $93.35B), while Direxion Daily FTSE China Bull 3x Shares trades at $27.94. The key difference: Monster Beverage Corp is trading nearer its 52-week high, Direxion Daily FTSE China Bull 3x Shares nearer its low. Which is the better fit depends on your goals.
| MNST | YINN | |
|---|---|---|
Market Cap | $93.35B | — |
Sector | Consumer Staples | Leveraged / Inverse |
52-Week High | $99.94 | $56.62 |
52-Week Low | $58.75 | $21.45 |
Enterprise Value | $91.65B | — |
Trailing returns across standard periods
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 →YINN is a leveraged ETF that seeks daily investment results, before fees and expenses, of 300% (3x) of the daily performance of the FTSE China 50 Index. It is a tactical instrument designed for sophisticated traders seeking to magnify short-term bullish views on large-cap Chinese equities, primarily those trading on the Hong Kong Stock Exchange.
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