Direxion Daily S&P 500 Bull 3X Shares vs Wipro Limited — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.65, while Wipro Limited trades at $1.83 (market cap $18.49B). The key difference: Wipro Limited pays a 4.68% 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, Wipro Limited nearer its low. Which is the better fit depends on your goals.
| SPXL | WIT | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $288.04 | $3.06 |
52-Week Low | $170.20 | $1.82 |
Market Cap | — | $18.49B |
Enterprise Value | — | $16.42B |
Dividend Yield | — | 4.68% |
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 →Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.
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