Quantumscape Corp vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? Quantumscape Corp trades at $5.62 (market cap $3.72B), while Direxion Daily S&P 500 Bull 3X Shares trades at $271.08. The key difference: Direxion Daily S&P 500 Bull 3X Shares is trading nearer its 52-week high, Quantumscape Corp nearer its low. Which is the better fit depends on your goals.
| QS | SPXL | |
|---|---|---|
Market Cap | $3.72B | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $18.44 | $288.04 |
52-Week Low | $5.86 | $170.20 |
Enterprise Value | $2.89B | — |
Trailing returns across standard periods
Latest headlines on both assets
QuantumScape Corp is engaged in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles. It developed anode-less cell design, which delivers high energy density while lowering material costs and simplifying manufacturing.
Read more on QS →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 →