iShares MSCI Australia ETF vs Direxion Daily Semiconductor Bear 3X Shares — how do they compare? iShares MSCI Australia ETF trades at $30.23, while Direxion Daily Semiconductor Bear 3X Shares trades at $39.85. Which is the better fit depends on your goals.
| EWA | SOXS | |
|---|---|---|
Sector | Broad Market / Factor | Leveraged / Inverse |
52-Week High | $30.41 | $1.49K |
52-Week Low | $24.95 | $32.50 |
Trailing returns across standard periods
EWA tracks the MSCI Australia Index, providing broad exposure to large and mid-cap companies in the Australian equity market. It is structurally dominated by the financial and materials sectors, serving as a key instrument for investors seeking a single-country view of Australia's resource-rich and stable economy.
Read more on EWA →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 →