Newmont Corporation vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? Newmont Corporation trades at $92.41 (market cap $95.23B), while Direxion Daily S&P 500 Bull 3X Shares trades at $270.48. The key difference: Newmont Corporation pays a 1.17% 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, Newmont Corporation nearer its low. Which is the better fit depends on your goals.
| NEM | SPXL | |
|---|---|---|
Market Cap | $95.23B | — |
Sector | Basic Materials | Leveraged / Inverse |
52-Week High | $131.95 | $288.04 |
52-Week Low | $59.86 | $170.20 |
Enterprise Value | $91.98B | — |
Dividend Yield | 1.17% | — |
Trailing returns across standard periods
Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.
Read more on NEM →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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