Cronos Group Inc vs Direxion Daily Semiconductor Bear 3X Shares — how do they compare? Cronos Group Inc trades at $3.08 (market cap $1.14B), while Direxion Daily Semiconductor Bear 3X Shares trades at $41.83. Which is the better fit depends on your goals.
| CRON | SOXS | |
|---|---|---|
Market Cap | $1.14B | — |
Sector | Health | Leveraged / Inverse |
52-Week High | $3.27 | $1.49K |
52-Week Low | $2.30 | $32.50 |
Enterprise Value | $341.13M | — |
Trailing returns across standard periods
Latest headlines on both assets
Cronos Group, headquartered in Toronto, Canada cultivates and sells medicinal and recreational cannabis through its medicinal brand, Peace Naturals, and its two recreational brands, Cove and Spinach. Although it primarily operates in Canada, Cronos exports medical cannabis to Poland and Germany. In addition, it has entered joint ventures in Israel, Colombia, and Australia to drive further international cultivation and distribution growth. In the U.S. the company directly sells hemp-derived CBD and has an option to acquire 10.5% of U.S. multistate operator PharmaCann.
Read more on CRON →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 →