Marvell Technology Inc vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? Marvell Technology Inc trades at $210.34 (market cap $171.11B), while Direxion Daily S&P 500 Bull 3X Shares trades at $270.48. The key difference: Marvell Technology Inc pays a 0.12% dividend while Direxion Daily S&P 500 Bull 3X Shares pays none, and Direxion Daily S&P 500 Bull 3X Shares is trading nearer its 52-week high, Marvell Technology Inc nearer its low. Which is the better fit depends on your goals.
| MRVL | SPXL | |
|---|---|---|
Market Cap | $171.11B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $316.43 | $288.04 |
52-Week Low | $62.31 | $170.20 |
Enterprise Value | $172.55B | — |
Dividend Yield | 0.12% | — |
Trailing returns across standard periods
Latest headlines on both assets
Marvell Technology is a leading fabless chipmaker focused on networking and storage applications. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical interconnections, application-specific integrated circuits (ASICs), and merchant silicon for Ethernet applications. The firm is an active acquirer, with five large acquisitions since 2017 helping it pivot out of legacy consumer applications to focus on the cloud and 5G markets.
Read more on MRVL →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 →