ING Groep NV vs Direxion Daily Semiconductor Bear 3X Shares — how do they compare? ING Groep NV trades at $35.49 (market cap $101.22B), while Direxion Daily Semiconductor Bear 3X Shares trades at $41.78. The key difference: ING Groep NV pays a 3.73% dividend while Direxion Daily Semiconductor Bear 3X Shares pays none. Which is the better fit depends on your goals.
| ING | SOXS | |
|---|---|---|
Market Cap | $101.22B | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $35.92 | $1.49K |
52-Week Low | $23.66 | $32.50 |
Dividend Yield | 3.73% | — |
Trailing returns across standard periods
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support--a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market- leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.
Read more on ING →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 →