Direxion Daily S&P 500 Bull 3X Shares vs Williams Companies Inc — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.48, while Williams Companies Inc trades at $73.43 (market cap $90.70B). The key difference: Williams Companies Inc pays a 2.83% 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, Williams Companies Inc nearer its low. Which is the better fit depends on your goals.
| SPXL | WMB | |
|---|---|---|
Sector | Leveraged / Inverse | Energy |
52-Week High | $288.04 | $79.40 |
52-Week Low | $170.20 | $56.51 |
Market Cap | — | $90.70B |
Enterprise Value | — | $120.08B |
Dividend Yield | — | 2.83% |
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 →Williams is a midstream energy company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering, processing, and storage assets. In August 2018, the firm acquired the remaining 26% ownership of its limited partner, Williams Partners.
Read more on WMB →