Direxion Daily S&P 500 Bull 3X Shares vs Toyota Motor Corp — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.65, while Toyota Motor Corp trades at $180.4 (market cap $212.22B). The key difference: Toyota Motor Corp pays a 3.51% 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, Toyota Motor Corp nearer its low. Which is the better fit depends on your goals.
| SPXL | TM | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Cyclical |
52-Week High | $288.04 | $248.29 |
52-Week Low | $170.20 | $166.50 |
Market Cap | — | $212.22B |
Enterprise Value | — | $376.42B |
Dividend Yield | — | 3.51% |
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 →Founded in 1937, Toyota is one of the world's largest automakers with 10.38 million units sold at retail in fiscal 2022 across its light vehicle brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino.
Read more on TM →