Dolby Laboratories, Inc. vs Direxion Daily Semiconductor Bear 3X Shares — how do they compare? Dolby Laboratories, Inc. trades at $60.91 (market cap $5.75B), while Direxion Daily Semiconductor Bear 3X Shares trades at $41.77. The key difference: Dolby Laboratories, Inc. pays a 2.35% dividend while Direxion Daily Semiconductor Bear 3X Shares pays none. Which is the better fit depends on your goals.
| DLB | SOXS | |
|---|---|---|
Market Cap | $5.75B | — |
Sector | Industrials | Leveraged / Inverse |
52-Week High | $75.62 | $1.49K |
52-Week Low | $48.51 | $32.50 |
Enterprise Value | $5.12B | — |
Dividend Yield | 2.35% | — |
Trailing returns across standard periods
Dolby Laboratories Inc develops audio and surround sound for cinema, broadcast, home audio systems, in-car entertainment systems, DVD players, games, televisions, and personal computers. The company generates three fourths of its revenue from licensing its technology to consumer electronics manufacturers around the world. The rest of revenue comes from equipment sales to professional producers and audio engineering services.
Read more on DLB →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 →