Direxion Daily S&P 500 Bull 3X Shares vs Suncor Energy Inc. — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.65, while Suncor Energy Inc. trades at $63.65 (market cap $72.86B). The key difference: Suncor Energy Inc. pays a 2.71% dividend while Direxion Daily S&P 500 Bull 3X Shares pays none. Which is the better fit depends on your goals.
| SPXL | SU | |
|---|---|---|
Sector | Leveraged / Inverse | Energy |
52-Week High | $288.04 | $69.73 |
52-Week Low | $170.20 | $38.17 |
Market Cap | — | $72.86B |
Enterprise Value | — | $80.99B |
Dividend Yield | — | 2.71% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company's PetroCanada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.
Read more on SU →