Direxion Daily S&P 500 Bull 3X Shares vs Wheaton Precious Metals Corp — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $297.97 (market cap $7.36B), while Wheaton Precious Metals Corp trades at $138.65 (market cap $61.17B). The key difference: Wheaton Precious Metals Corp is far larger — about 8.3× Direxion Daily S&P 500 Bull 3X Shares's market cap, and Wheaton Precious Metals Corp pays a 0.58% dividend while Direxion Daily S&P 500 Bull 3X Shares pays none. Which is the better fit depends on your goals — on Pluang, investors hold Direxion Daily S&P 500 Bull 3X Shares for 32 Days and Wheaton Precious Metals Corp for 66 Days on average.
| SPXL | WPM | |
|---|---|---|
Market Cap | $7.36B | $61.17B |
Volume | 1,835,467 | 1,092,361 |
Sector | Leveraged / Inverse | Basic Materials |
52-Week High | $301.38 | $165.72 |
52-Week Low | $170.20 | $94.37 |
Typical Hold Time | 32 Days | 66 Days |
Enterprise Value | — | $63.05B |
Dividend Yield | — | 0.58% |
Signals from Pluang's Aura AI — not financial advice
SPXL, a leveraged ETF tracking the S&P 500, trades at $293.05, down 1.28% on the day. Technical indicators show a bullish trend with strong moving average support, though oscillators remain neutral. The ETF reflects broader market sentiment where S&P 500 earnings are expected to grow 35% in 2026 (24/7 Wall Street, 2026-10-03), yet concerns about profit growth slowing to 15% in 2027 and high concentration in top holdings create uncertainty.
The outlook for SPXL is tied to S&P 500 performance, with Wall Street projecting a 21% rise to 9,275 by September 2027 (The Motley Fool, 2026-09-30). Key risks include market volatility, geopolitical tensions, and slowing earnings growth. Opportunities lie in seasonal bullish trends and AI-driven corporate spending, but leveraged exposure amplifies both gains and losses.
Wheaton Precious Metals (WPM) trades at $134.96, up 0.95% on the day, with a bearish technical signal but strong fundamentals. The company reported record H1 2026 revenues and has beaten earnings estimates for three consecutive quarters. Management targets 50% production growth by 2030 without new capital, supported by a robust pipeline of streaming deals. Cash flow from operations surged to $1.9 billion in 2025, though 2026 projections show significant investing outflows.
The outlook is supported by analyst consensus with an 80% buy rating and a $164.80 price target, implying 22% upside. Key risks include execution of growth targets, gold price volatility, and high valuation multiples. The stock offers exposure to precious metals with a capital-light model, but investors face near-term technical headwinds amid broader market sentiment shifts.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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 →Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Read more on WPM →