Direxion Daily S&P 500 Bull 3X Shares vs Teradyne, Inc. — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.48, while Teradyne, Inc. trades at $373.03 (market cap $52.25B). The key difference: Teradyne, Inc. pays a 0.16% 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, Teradyne, Inc. nearer its low. Which is the better fit depends on your goals.
| SPXL | TER | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $288.04 | $483.84 |
52-Week Low | $170.20 | $90.15 |
Market Cap | — | $52.25B |
Enterprise Value | — | $52.08B |
Dividend Yield | — | 0.16% |
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 →Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuit boards, and electronics systems and wireless testing for devices. The firm entered the industrial automation market in 2015, into which it sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies directly and indirectly with its products, but its most significant exposure is to semiconductor testing, which made up 71% of 2021 sales. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.
Read more on TER →