Direxion Daily TSLA Bull 2X Shares vs Materials Select Sector SPDR Fund — how do they compare? Direxion Daily TSLA Bull 2X Shares trades at $11.27, while Materials Select Sector SPDR Fund trades at $50.01. The key difference: Materials Select Sector SPDR Fund 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 | XLB | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $23.03 | $53.62 |
52-Week Low | $10.29 | $42.23 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials. The fund is non-diversified.
Read more on XLB →