Modine Manufacturing Company vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? Modine Manufacturing Company trades at $245.92 (market cap $12.18B), while Direxion Daily S&P 500 Bull 3X Shares trades at $270.65. The key difference: Direxion Daily S&P 500 Bull 3X Shares is trading nearer its 52-week high, Modine Manufacturing Company nearer its low. Which is the better fit depends on your goals.
| MOD | SPXL | |
|---|---|---|
Market Cap | $12.18B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $306.89 | $288.04 |
52-Week Low | $93.71 | $170.20 |
Enterprise Value | $12.54B | — |
Trailing returns across standard periods
Modine Manufacturing Company is a global leader in thermal management technology and solutions. The company engineers, manufactures, and markets heat transfer products for a wide range of applications across the automotive, commercial, industrial, and HVAC (heating, ventilation, and air conditioning) markets. Modine's products include engine cooling systems, heat exchangers, and ventilation systems, providing critical thermal solutions for vehicles, data centers, and various equipment worldwide.
Read more on MOD →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 →