Nucor Corporation vs Direxion Daily Semiconductor Bull 3X Shares — how do they compare? Nucor Corporation trades at $230.8 (market cap $52.55B), while Direxion Daily Semiconductor Bull 3X Shares trades at $160.22. The key difference: Nucor Corporation pays a 0.97% dividend while Direxion Daily Semiconductor Bull 3X Shares pays none, and Nucor Corporation 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.
| NUE | SOXL | |
|---|---|---|
Market Cap | $52.55B | — |
Sector | Basic Materials | Leveraged / Inverse |
52-Week High | $266.35 | $300.77 |
52-Week Low | $131.78 | $23.99 |
Enterprise Value | $57.19B | — |
Dividend Yield | 0.97% | — |
Trailing returns across standard periods
Latest headlines on both assets
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products and raw materials, the steel mills segment derives maximum revenue.
Read more on NUE →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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