Direxion Daily S&P 500 Bull 3X Shares vs Upstart Holdings Inc — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.65, while Upstart Holdings Inc trades at $29.3 (market cap $2.76B). The key difference: Direxion Daily S&P 500 Bull 3X Shares is trading nearer its 52-week high, Upstart Holdings Inc nearer its low. Which is the better fit depends on your goals.
| SPXL | UPST | |
|---|---|---|
Sector | Leveraged / Inverse | Financials |
52-Week High | $288.04 | $84.13 |
52-Week Low | $170.20 | $24.22 |
Market Cap | — | $2.76B |
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 →Upstart Holdings Inc provides credit services. The company provides a proprietary, cloud-based, artificial intelligence lending platform. The platform aggregates consumer demand for loans and connects it to the network of Upstart AI-enabled bank partners. The revenue of the company is primarily comprised of fees paid by banks.
Read more on UPST →