Direxion Daily S&P 500 Bull 3X Shares vs Atlassian Corporation PLC — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.65, while Atlassian Corporation PLC trades at $90.5 (market cap $23.67B). The key difference: Direxion Daily S&P 500 Bull 3X Shares is trading nearer its 52-week high, Atlassian Corporation PLC nearer its low. Which is the better fit depends on your goals.
| SPXL | TEAM | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $288.04 | $203.00 |
52-Week Low | $170.20 | $57.15 |
Market Cap | — | $23.67B |
Enterprise Value | — | $23.78B |
Trailing returns across standard periods
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 →Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney.
Read more on TEAM →