Direxion Daily S&P 500 Bull 3X Shares vs Western Digital Corp — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.48, while Western Digital Corp trades at $556 (market cap $168.00B). The key difference: Western Digital Corp pays a 0.12% 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, Western Digital Corp nearer its low. Which is the better fit depends on your goals.
| SPXL | WDC | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $288.04 | $746.23 |
52-Week Low | $170.20 | $67.06 |
Market Cap | — | $168.00B |
Enterprise Value | — | $166.35B |
Dividend Yield | — | 0.12% |
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 →Western Digital is a vertically integrated supplier of data storage solutions, spanning both hard disk drives and solid-state drives. In the HDD market it forms a practical duopoly with Seagate, and it is the largest global producer of NAND flash chips for SSDs in a joint venture with competitor Kioxia.
Read more on WDC →