Direxion Daily S&P 500 Bull 3X Shares vs Tractor Supply Co — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.65, while Tractor Supply Co trades at $29.65 (market cap $15.89B). The key difference: Tractor Supply Co pays a 3.17% 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, Tractor Supply Co nearer its low. Which is the better fit depends on your goals.
| SPXL | TSCO | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Cyclical |
52-Week High | $288.04 | $62.65 |
52-Week Low | $170.20 | $29.14 |
Market Cap | — | $15.89B |
Enterprise Value | — | $22.08B |
Dividend Yield | — | 3.17% |
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 →Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 2,016 of its namesake banners in 49 states and 178 Petsense stores. Stores are typically located in towns outside of urban areas and in rural communities. In fiscal 2021, revenue consisted primarily of livestock and pet (47%), hardware, tools, and truck (21%), and seasonal gift and toy (21%).
Read more on TSCO →