Direxion Daily TSLA Bull 2X Shares vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? Direxion Daily TSLA Bull 2X Shares trades at $8.37, while Taiwan Semiconductor Mfg. Co. Ltd. trades at $426.9 (market cap $1.91T). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. pays a 0.91% dividend while Direxion Daily TSLA Bull 2X Shares pays none, and Taiwan Semiconductor Mfg. Co. Ltd. is trading nearer its 52-week high, Direxion Daily TSLA Bull 2X Shares nearer its low. Which is the better fit depends on your goals.
| TSLL | TSM | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $23.03 | $477.57 |
52-Week Low | $6.74 | $227.33 |
Market Cap | — | $1.91T |
Enterprise Value | — | $1.84T |
Dividend Yield | — | 0.91% |
Signals from Pluang's Aura AI — not financial advice
TSLL, the Direxion Daily TSLA Bull 2X Shares ETF, trades at $8.11, up 5.6% today. Technical indicators show a mixed picture with a bullish overall signal but bearish moving averages. The ETF, which aims to deliver twice Tesla's daily returns, lacks fundamental metrics as it is a leveraged product. Recent news highlights its volatility and investor focus on Tesla's performance.
The outlook for TSLL is tied to Tesla's stock volatility, offering amplified gains but significant risks. Key opportunities include potential upside from Tesla's growth, while risks involve high volatility and decay from daily rebalancing. Investors should be cautious due to the leveraged structure.
No Aura AI signal available yet.
Trailing returns across standard periods
Latest headlines on both assets
TSLL provides 200% of the daily performance of Tesla, Inc. (TSLA). It uses swaps and financial derivatives to achieve its 2x leverage, making it a high-volatility tool for tactical trading rather than long-term investment due to daily resets.
Read more on TSLL →Taiwan Semiconductor Manufacturing Company, or TSMC, is the world's largest dedicated chip foundry, with over 57% market share in 2021 per Gartner. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs.
Read more on TSM →