Direxion Daily TSLA Bull 2X Shares vs Financial Select Sector SPDR Fund — how do they compare? Direxion Daily TSLA Bull 2X Shares trades at $8.35, while Financial Select Sector SPDR Fund trades at $57.75. The key difference: Financial 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 | XLF | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $23.03 | $58.01 |
52-Week Low | $6.74 | $47.80 |
Trailing returns across standard periods
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 →The fund 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: diversified financial services; insurance; banks; capital markets; mortgage real estate investment trusts; consumer finance; thrifts; and mortgage finance. The fund is non-diversified.
Read more on XLF →