Franklin Resources, Inc. vs Direxion Daily Semiconductor Bear 3X Shares — how do they compare? Franklin Resources, Inc. trades at $33.37 (market cap $16.95B), while Direxion Daily Semiconductor Bear 3X Shares trades at $41.56. The key difference: Franklin Resources, Inc. pays a 3.96% dividend while Direxion Daily Semiconductor Bear 3X Shares pays none. Which is the better fit depends on your goals.
| BEN | SOXS | |
|---|---|---|
Market Cap | $16.95B | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $35.77 | $1.49K |
52-Week Low | $21.18 | $32.50 |
Enterprise Value | $29.90B | — |
Dividend Yield | 3.96% | — |
Trailing returns across standard periods
Latest headlines on both assets
Franklin Resources provides investment services for individual and institutional investors. At the end of August 2022, Franklin had $1.388 trillion in managed assets, composed primarily of equity (32%), fixed-income (38%), multi-asset/balanced (10%) funds, alternatives (16%), and money market funds (4%). Distribution tends to be weighted more toward retail investors (49% of AUM) investors, as opposed to institutional (49%) and high-net-worth (2%) clients. Franklin is also one of the more global firms of the U.S.-based asset managers with more than 35% of its AUM invested in global/international strategies and 25% of managed assets sourced from clients domiciled outside the United States.
Read more on BEN →SOXS is a leveraged ETF that seeks daily investment results corresponding to 300% of the inverse (opposite) of the daily performance of the ICE Semiconductor Index. It is designed as a tactical tool for experienced traders to take a bearish (short) position on the semiconductor sector. Due to the effects of compounding and leverage, SOXS is intended to be held for a single day and is not suitable for long-term investment.
Read more on SOXS →