Direxion Daily S&P 500 Bull 3X Shares vs Tenet Healthcare Corporation — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.58, while Tenet Healthcare Corporation trades at $196.03 (market cap $16.74B). The key difference: Direxion Daily S&P 500 Bull 3X Shares is trading nearer its 52-week high, Tenet Healthcare Corporation nearer its low. Which is the better fit depends on your goals.
| SPXL | THC | |
|---|---|---|
Sector | Leveraged / Inverse | Health |
52-Week High | $288.04 | $244.80 |
52-Week Low | $170.20 | $148.38 |
Market Cap | — | $16.74B |
Enterprise Value | — | $26.99B |
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 →Tenet Healthcare is a leading diversified healthcare services company that has strategically pivoted toward high-growth ambulatory care. Operating through United Surgical Partners International (USPI), the largest ambulatory platform in the U.S., Tenet manages an expansive network of surgical centers, acute care hospitals, and specialty facilities. The company’s focus on high-acuity services and operational efficiency, supported by its revenue cycle management subsidiary Conifer Health Solutions, positions it as a resilient leader in the evolving U.S. healthcare landscape.
Read more on THC →