Vale SA vs Direxion Daily FTSE China Bull 3x Shares — how do they compare? Vale SA trades at $14.37 (market cap $62.26B), while Direxion Daily FTSE China Bull 3x Shares trades at $29.31. The key difference: Vale SA pays a 8.12% dividend while Direxion Daily FTSE China Bull 3x Shares pays none, and Vale SA is trading nearer its 52-week high, Direxion Daily FTSE China Bull 3x Shares nearer its low. Which is the better fit depends on your goals.
| VALE | YINN | |
|---|---|---|
Market Cap | $62.26B | — |
Sector | Basic Materials | Leveraged / Inverse |
52-Week High | $17.82 | $56.62 |
52-Week Low | $9.71 | $21.45 |
Enterprise Value | $78.50B | — |
Dividend Yield | 8.12% | — |
Trailing returns across standard periods
Vale is the world's largest iron ore miner and one of the largest diversified miners, along with BHP and Rio Tinto. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets, with minor contributions from iron ore proxies, including manganese and coal. The base metals division is much smaller, primarily consisting of nickel mines and smelters with a small contribution from copper.
Read more on VALE →YINN is a leveraged ETF that seeks daily investment results, before fees and expenses, of 300% (3x) of the daily performance of the FTSE China 50 Index. It is a tactical instrument designed for sophisticated traders seeking to magnify short-term bullish views on large-cap Chinese equities, primarily those trading on the Hong Kong Stock Exchange.
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