Direxion Daily S&P 500 Bull 3X Shares vs Wendys Co — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.65, while Wendys Co trades at $7.62 (market cap $1.50B). The key difference: Wendys Co pays a 7.13% 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, Wendys Co nearer its low. Which is the better fit depends on your goals.
| SPXL | WEN | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Cyclical |
52-Week High | $288.04 | $11.33 |
52-Week Low | $170.20 | $6.17 |
Market Cap | — | $1.50B |
Enterprise Value | — | $5.31B |
Dividend Yield | — | 7.13% |
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 →The Wendy's Company is the second-largest burger quick-service restaurant, or QSR, chain in the United States by systemwide sales, with $11.1 billion in 2021, narrowly edging Burger King ($10.3 billion) and clocking in well behind wide-moat McDonald's ($45.7 billion). After divestitures of Tim Hortons (2006) and Arby's (2011), the firm manages just the burger banner, generating sales across a footprint that spans almost 7,000 total units in 30 countries. Wendy's generates revenue from the sale of hamburgers, chicken sandwiches, salads, and fries throughout its company-owned footprint, through franchise royalty and marketing fund payments remitted by its franchisees, which account for 94% of stores, and through franchise flipping and advisory fees.
Read more on WEN →