Direxion Daily S&P 500 Bull 3X Shares vs BlackRock TCP Capital Corp — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $298.13 (market cap $7.36B), while BlackRock TCP Capital Corp trades at $4.03 (market cap $337.71M). The key difference: Direxion Daily S&P 500 Bull 3X Shares is far larger — about 21.8× BlackRock TCP Capital Corp's market cap, and BlackRock TCP Capital Corp pays a 18.88% dividend while Direxion Daily S&P 500 Bull 3X Shares pays none. Which is the better fit depends on your goals — on Pluang, investors hold Direxion Daily S&P 500 Bull 3X Shares for 32 Days and BlackRock TCP Capital Corp for 88 Days on average.
| SPXL | TCPC | |
|---|---|---|
Market Cap | $7.36B | $337.71M |
Volume | 1,835,467 | 436,109 |
Sector | Leveraged / Inverse | Financials |
52-Week High | $301.38 | $6.20 |
52-Week Low | $170.20 | $3.13 |
Typical Hold Time | 32 Days | 88 Days |
Enterprise Value | — | $1.09B |
Dividend Yield | — | 18.88% |
Signals from Pluang's Aura AI — not financial advice
SPXL trades at $298.10, up 0.42% with a bullish technical signal from moving averages. The ETF shows neutral momentum oscillators with RSI at 66.91 suggesting mild overbought conditions. Recent news highlights S&P 500 valuation concerns despite strong earnings growth projections of 35% for 2026. The index faces concentration risks with top holdings accounting for 40% of value.
Outlook remains cautiously optimistic with seasonal patterns favoring year-end rallies, though profit growth is expected to slow to 15% in 2027. Key risks include market concentration, geopolitical uncertainty, and potential Fed policy impacts. Technical support at $289 and resistance at $300 will be critical near-term levels.
TCPC trades at $4.035, up 2.41% today, with a bullish technical signal supported by moving averages. The company reported mixed earnings with Q2 2026 beating estimates but faces negative revenue and net income trends. Recent portfolio sales and strategic reviews aim to reduce leverage and enhance shareholder value. Analyst consensus shows 30.77% buy ratings with no sell recommendations.
Outlook remains cautious due to declining revenue and negative profitability metrics, though strategic moves may stabilize operations. Key risks include ongoing financial losses and competitive pressures in the BDC sector. Investment opportunity hinges on successful execution of portfolio optimization and debt reduction initiatives.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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 →BlackRock TCP Capital Corp is a finance company specializing in middle-market lending. It aims for high returns through income and capital appreciation while prioritizing principal protection. The company invests in debt securities and earns revenue from interest payments, fees, and some equity appreciation.
Read more on TCPC →