Direxion Daily S&P 500 Bull 3X Shares vs Tyson Foods, Inc. — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.65, while Tyson Foods, Inc. trades at $57.25 (market cap $20.42B). The key difference: Tyson Foods, Inc. pays a 3.52% 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, Tyson Foods, Inc. nearer its low. Which is the better fit depends on your goals.
| SPXL | TSN | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Staples |
52-Week High | $288.04 | $68.75 |
52-Week Low | $170.20 | $50.72 |
Market Cap | — | $20.42B |
Enterprise Value | — | $28.01B |
Dividend Yield | — | 3.52% |
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 →Tyson Foods is the largest U.S. producer of processed chicken and beef. It's also a large producer of processed pork and protein-based products under the brands Jimmy Dean, Hillshire Farm, Ball Park, Sara Lee, Aidells, State Fair, and Raised & Rooted, to name a few. Tyson sells 81% of its products through various U.S. channels, including retailers (47% in fiscal 2021), food service (32%), and other packaged food and industrial companies (10%). In addition, 11% of the company's revenue comes from exports to Canada, Mexico, Brazil, Europe, China, and Japan.
Read more on TSN →