Direxion Daily S&P 500 Bull 3X Shares vs Weibo Corp — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.48, while Weibo Corp trades at $8 (market cap $1.95B). The key difference: Weibo Corp pays a 7.63% 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, Weibo Corp nearer its low. Which is the better fit depends on your goals.
| SPXL | WB | |
|---|---|---|
Sector | Leveraged / Inverse | Media |
52-Week High | $288.04 | $12.83 |
52-Week Low | $170.20 | $7.20 |
Market Cap | — | $1.95B |
Enterprise Value | — | $1.22B |
Dividend Yield | — | 7.63% |
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 →Weibo is the largest social media platform in China. As of 2020, Weibo had 521 million monthly active users and 225 million daily active users, many of whom are drawn there by the millions of key opinion leaders in entertainment, sports, and business circles. Sina is the major shareholder, holding 44.7% of shares and with 70.8% voting power.
Read more on WB →