Direxion Daily S&P 500 Bull 3X Shares vs Valero Energy Corporation — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.65, while Valero Energy Corporation trades at $313.86 (market cap $93.03B). The key difference: Valero Energy Corporation pays a 1.53% dividend while Direxion Daily S&P 500 Bull 3X Shares pays none, and Valero Energy Corporation is trading nearer its 52-week high, Direxion Daily S&P 500 Bull 3X Shares nearer its low. Which is the better fit depends on your goals.
| SPXL | VLO | |
|---|---|---|
Sector | Leveraged / Inverse | Energy |
52-Week High | $288.04 | $313.31 |
52-Week Low | $170.20 | $131.77 |
Market Cap | — | $93.03B |
Enterprise Value | — | $98.79B |
Dividend Yield | — | 1.53% |
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 →Valero Energy is one of the largest independent refiners in the United States. It operates 14 refineries with a total throughput capacity of 3.2 million barrels a day in the United States, Canada, and the United Kingdom. Valero also owns 14 ethanol plants with capacity of 1.7 billion gallons of ethanol a year and holds a 50% stake in Diamond Green Diesel, which has capacity to produce 700 million gallons per year of renewable diesel.
Read more on VLO →