Compare Direxion Daily S&P 500 Bull 3X Shares (SPXL) vs Vale SA (VALE) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Direxion Daily S&P 500 Bull 3X Shares vs Vale SA — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.65, while Vale SA trades at $14.13 (market cap $59.07B). The key difference: Vale SA pays a 8.93% 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, Vale SA nearer its low. Which is the better fit depends on your goals.
| SPXL | VALE | |
|---|---|---|
Sector | Leveraged / Inverse | Basic Materials |
52-Week High | $288.04 | $17.82 |
52-Week Low | $170.20 | $9.53 |
Market Cap | — | $59.07B |
Enterprise Value | — | $75.99B |
Dividend Yield | — | 8.93% |
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 Vale SA
Vale is the world's largest iron ore miner and one of the largest diversified miners, along with BHP and Rio Tinto. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets, with minor contributions from iron ore proxies, including manganese and coal. The base metals division is much smaller, primarily consisting of nickel mines and smelters with a small contribution from copper.
Read more on VALE →
