Norwegian Cruise Line Holdings Ltd vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? Norwegian Cruise Line Holdings Ltd trades at $19.42 (market cap $8.95B), while Direxion Daily S&P 500 Bull 3X Shares trades at $270.48. The key difference: Direxion Daily S&P 500 Bull 3X Shares is trading nearer its 52-week high, Norwegian Cruise Line Holdings Ltd nearer its low. Which is the better fit depends on your goals.
| NCLH | SPXL | |
|---|---|---|
Market Cap | $8.95B | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $26.94 | $288.04 |
52-Week Low | $14.79 | $170.20 |
Enterprise Value | $23.92B | — |
Trailing returns across standard periods
Norwegian Cruise Line is the world's third-largest cruise company by berths (at more than 62,000), operating 29 ships across three brands (Norwegian, Oceania, and Regent Seven Seas), offering both freestyle and luxury cruising. The company has redeployed its entire fleet as of May 2022. With eight passenger vessels on order among its brands through 2027 (representing 20,000 incremental berths), Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sailed to around 500 global destinations before the pandemic.
Read more on NCLH →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 →