Direxion Daily S&P 500 Bull 3X Shares vs Xylem, Inc. — how do they compare? Direxion Daily S&P 500 Bull 3X Shares trades at $270.65, while Xylem, Inc. trades at $120.79 (market cap $28.67B). The key difference: Xylem, Inc. pays a 1.43% 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, Xylem, Inc. nearer its low. Which is the better fit depends on your goals.
| SPXL | XYL | |
|---|---|---|
Sector | Leveraged / Inverse | Industrials |
52-Week High | $288.04 | $152.95 |
52-Week Low | $170.20 | $106.34 |
Market Cap | — | $28.67B |
Enterprise Value | — | $29.92B |
Dividend Yield | — | 1.43% |
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 →Xylem is a global leader in water technology and offers a wide range of solutions, including the transport, treatment, testing, and efficient use of water for customers in the utility, industrial, commercial, and residential sectors. Xylem was spun off from ITT in 2011. Based in Rye Brook, New York, Xylem has a presence in over 150 countries and employs 16,200. The company generated $6.2 billion in revenue and $611 million in adjusted operating income in 2021.
Read more on XYL →