Charles Schwab Corporation Common Stock vs Direxion Daily S&P 500 Bull 3X Shares — how do they compare? Charles Schwab Corporation Common Stock trades at $100.2 (market cap $178.33B), while Direxion Daily S&P 500 Bull 3X Shares trades at $270.48. The key difference: Charles Schwab Corporation Common Stock pays a 1.25% 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, Charles Schwab Corporation Common Stock nearer its low. Which is the better fit depends on your goals.
| SCHW | SPXL | |
|---|---|---|
Market Cap | $178.33B | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $107.21 | $288.04 |
52-Week Low | $85.35 | $170.20 |
Dividend Yield | 1.25% | — |
Trailing returns across standard periods
Latest headlines on both assets
Charles Schwab operates in brokerage, banking, and asset-management businesses. The company runs a large network of brick-and-mortar brokerage branch offices, a well-established online investing website, and has mobile trading capabilities. It also operates a bank and a proprietary asset management business and offers services to independent investment advisors. The company is among the largest firms in the investment business, with over $8 trillion of client assets at the end of 2021. Nearly all of its revenue is from the United States.
Read more on SCHW →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 →