Monster Beverage Corp vs Direxion Daily Semiconductor Bull 3X Shares — how do they compare? Monster Beverage Corp trades at $94.47 (market cap $93.35B), while Direxion Daily Semiconductor Bull 3X Shares trades at $159.95. The key difference: Monster Beverage Corp is trading nearer its 52-week high, Direxion Daily Semiconductor Bull 3X Shares nearer its low. Which is the better fit depends on your goals.
| MNST | SOXL | |
|---|---|---|
Market Cap | $93.35B | — |
Sector | Consumer Staples | Leveraged / Inverse |
52-Week High | $99.94 | $300.77 |
52-Week Low | $58.75 | $23.99 |
Enterprise Value | $91.65B | — |
Trailing returns across standard periods
Latest headlines on both assets
Monster Beverage is a leader in the energy drink subsegment of the beverage industry. The Monster trademark anchors the portfolio, and notable offerings include Monster Energy and Monster Ultra. The firm has also started to incubate new trademarks for emerging enclaves of the energy space, like Reign in performance energy. It is primarily a brand owner, outsourcing most of its manufacturing processes to third-party copackers. It primarily uses the Coca-Cola bottling system for distribution after a strategic agreement in which Coke became Monster's largest shareholder (nearly 20%) and that also included the exchange of certain businesses between the two firms. Most of Monster's revenue is generated in the United States, though international geographies are increasing in the mix.
Read more on MNST →SOXL is a leveraged ETF that seeks daily investment results corresponding to 300% of the daily performance of the ICE Semiconductor Index. It is designed as a tactical tool for experienced traders to take a bullish (long) position on the semiconductor sector. Due to the effects of compounding and leverage, the ETF is intended to be held for a single day and is not suitable for long-term investment.
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