Noble Corporation plc vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? Noble Corporation plc trades at $42.53 (market cap $6.48B), while Direxion Daily S&P 500 Bull 3X Shares trades at $270.65. The key difference: Noble Corporation plc pays a 4.93% 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, Noble Corporation plc nearer its low. Which is the better fit depends on your goals.
| NE | SPXL | |
|---|---|---|
Market Cap | $6.48B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $54.37 | $288.04 |
52-Week Low | $25.70 | $170.20 |
Enterprise Value | $7.73B | — |
Dividend Yield | 4.93% | — |
Trailing returns across standard periods
Noble Corporation plc is a leading offshore drilling contractor for the oil and gas industry. The company owns and operates a high-specification fleet of mobile offshore drilling units, including drillships and semi-submersibles, that are used for exploration and production activities in deepwater and harsh environments worldwide. Noble focuses on providing safe, efficient, and reliable drilling services to major and independent oil and gas companies globally.
Read more on NE →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.
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