Compare Direxion Daily S&P 500 Bull 3X Shares (SPXL) vs TORM plc (TRMD) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Direxion Daily S&P 500 Bull 3X Shares vs TORM plc — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.55, while TORM plc trades at $29.89 (market cap $2.99B). The key difference: TORM plc pays a 9.62% 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, TORM plc nearer its low. Which is the better fit depends on your goals.
| SPXL | TRMD | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $288.04 | $34.87 |
52-Week Low | $170.20 | $17.50 |
Market Cap | — | $2.99B |
Enterprise Value | — | $3.88B |
Dividend Yield | — | 9.62% |
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
About Direxion Daily S&P 500 Bull 3X Shares
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 →About TORM plc
TORM plc is one of the world's largest owners and operators of product tankers, specializing in the transportation of refined oil products like gasoline, jet fuel, and diesel. Operating under its integrated 'One TORM' model, the company maintains a modern, wholly-owned fleet of nearly 90 vessels. It is widely recognized by investors for its aggressive variable dividend policy, which returns a significant portion of its cash flow directly to shareholders during periods of high freight rates.
Read more on TRMD →
