Warner Music Group Corp vs Direxion Daily FTSE China Bull 3x Shares — how do they compare? Warner Music Group Corp trades at $28.2 (market cap $14.64B), while Direxion Daily FTSE China Bull 3x Shares trades at $27.81. The key difference: Warner Music Group Corp pays a 2.71% dividend while Direxion Daily FTSE China Bull 3x Shares pays none, and Warner Music Group Corp 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.
| WMG | YINN | |
|---|---|---|
Market Cap | $14.64B | — |
Sector | Media | Leveraged / Inverse |
52-Week High | $34.72 | $56.62 |
52-Week Low | $23.65 | $21.45 |
Enterprise Value | $18.84B | — |
Dividend Yield | 2.71% | — |
Trailing returns across standard periods
Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over a million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.
Read more on WMG →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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