Direxion Daily S&P 500 Bull 3X Shares vs Verizon Communications Inc — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.65, while Verizon Communications Inc trades at $43.73 (market cap $181.64B). The key difference: Verizon Communications Inc pays a 6.51% 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, Verizon Communications Inc nearer its low. Which is the better fit depends on your goals.
| SPXL | VZ | |
|---|---|---|
Sector | Leveraged / Inverse | Media |
52-Week High | $288.04 | $51.38 |
52-Week Low | $170.20 | $38.40 |
Market Cap | — | $181.64B |
Volume | — | 22,584,735 |
Enterprise Value | — | $369.14B |
Dividend Yield | — | 6.51% |
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 →Verizon Communications Inc. is an integrated telecommunications company that provides wire line voice and data services, wireless services, Internet services, and published directory information. The Company also provides network services for the federal government including business phone lines, data services, telecommunications equipment, and payphones.
Read more on VZ →