NextEra Energy, Inc. vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? NextEra Energy, Inc. trades at $88 (market cap $183.53B), while Direxion Daily S&P 500 Bull 3X Shares trades at $270.58. The key difference: NextEra Energy, Inc. pays a 2.83% 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, NextEra Energy, Inc. nearer its low. Which is the better fit depends on your goals.
| NEE | SPXL | |
|---|---|---|
Market Cap | $183.53B | — |
Sector | Utilities | Leveraged / Inverse |
52-Week High | $97.88 | $288.04 |
52-Week Low | $69.77 | $170.20 |
Enterprise Value | $285.94B | — |
Dividend Yield | 2.83% | — |
Trailing returns across standard periods
NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.
Read more on NEE →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 →