Direxion Daily S&P 500 Bull 3X Shares vs Thomson Reuters Corp — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.65, while Thomson Reuters Corp trades at $90.98 (market cap $41.28B). The key difference: Thomson Reuters Corp pays a 2.75% 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, Thomson Reuters Corp nearer its low. Which is the better fit depends on your goals.
| SPXL | TRI | |
|---|---|---|
Sector | Leveraged / Inverse | Industrials |
52-Week High | $288.04 | $205.54 |
52-Week Low | $170.20 | $76.55 |
Market Cap | — | $41.28B |
Enterprise Value | — | $43.24B |
Dividend Yield | — | 2.75% |
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 →Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008 and the 2018 carve-out of its finance and risk business, Refinitiv, in which it holds a 45% stake. In 2019, the company agreed to exchange its 45% stake in Refinitiv for a 15% stake in LSE, which closed in early 2021. Since the divestiture, the company is more concentrated on selling its flagship legal data and software, Westlaw, and its tax accounting software, Onesource. Reuters sees roughly 80% of revenue and 70% of expenses attributed to the United States, while the remainder (largely through the global print and Reuters News segments) is distributed across Latin America, Europe, the Middle East, Africa, and Asia-Pacific.
Read more on TRI →