Northrop Grumman Corporation vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? Northrop Grumman Corporation trades at $510.06 (market cap $74.42B), while Direxion Daily S&P 500 Bull 3X Shares trades at $270.65. The key difference: Northrop Grumman Corporation pays a 1.79% 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, Northrop Grumman Corporation nearer its low. Which is the better fit depends on your goals.
| NOC | SPXL | |
|---|---|---|
Market Cap | $74.42B | — |
Sector | Industrials | Leveraged / Inverse |
52-Week High | $768.02 | $288.04 |
52-Week Low | $496.02 | $170.20 |
Enterprise Value | $88.65B | — |
Dividend Yield | 1.79% | — |
Trailing returns across standard periods
Latest headlines on both assets
Northrop Grumman is a defense contractor that is diversified across short-cycle and long-cycle businesses. The firm's segments include aeronautics, mission systems, defense services, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces various piloted and autonomous flight systems. Mission systems creates a variety of sensors and processors for defense hardware. The defense systems segment is a long-range missile manufacturer. Finally, the company's space systems segment produces various space structures, sensors, and satellites.
Read more on NOC →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 →