Centene Corp vs Direxion Daily Semiconductor Bear 3X Shares — how do they compare? Centene Corp trades at $65.13 (market cap $32.05B), while Direxion Daily Semiconductor Bear 3X Shares trades at $41.85. Which is the better fit depends on your goals.
| CNC | SOXS | |
|---|---|---|
Market Cap | $32.05B | — |
Sector | Health | Leveraged / Inverse |
52-Week High | $68.72 | $1.49K |
52-Week Low | $26.17 | $32.50 |
Enterprise Value | $21.10B | — |
Trailing returns across standard periods
Latest headlines on both assets
Centene is a managed-care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 22 million medical members as of September 2021, mostly in Medicaid (68% of membership), the individual exchanges (10%), Medicare Advantage (6%), and the balance in Tricare (West region), correctional facility, and international plans. The company also serves 4 million users through the Medicare Part D pharmaceutical program.
Read more on CNC →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 →