MPLX LP vs Direxion Daily Semiconductor Bull 3X Shares — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while Direxion Daily Semiconductor Bull 3X Shares trades at $158.6. The key difference: MPLX LP pays a 7.54% dividend while Direxion Daily Semiconductor Bull 3X Shares pays none, and MPLX LP is trading nearer its 52-week high, Direxion Daily Semiconductor Bull 3X Shares nearer its low. Which is the better fit depends on your goals.
| MPLX | SOXL | |
|---|---|---|
Market Cap | $57.97B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $59.17 | $300.77 |
52-Week Low | $47.80 | $23.99 |
Enterprise Value | $82.60B | — |
Dividend Yield | 7.54% | — |
Trailing returns across standard periods
Latest headlines on both assets
MPLX LP is a Master Limited Partnership (MLP) formed by Marathon Petroleum Corporation (MPC). It is a diversified, growth-oriented company primarily engaged in the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs), as well as the transportation, storage, and distribution of crude oil and refined petroleum products. MPLX owns and operates a network of midstream energy infrastructure assets, providing essential services to the energy industry across the United States.
Read more on MPLX →SOXL is a leveraged ETF that seeks daily investment results corresponding to 300% of the daily performance of the ICE Semiconductor Index. It is designed as a tactical tool for experienced traders to take a bullish (long) position on the semiconductor sector. Due to the effects of compounding and leverage, the ETF is intended to be held for a single day and is not suitable for long-term investment.
Read more on SOXL →