Rockwell Automation vs Direxion Daily Semiconductor Bull 3X Shares — how do they compare? Rockwell Automation trades at $466.2 (market cap $51.04B), while Direxion Daily Semiconductor Bull 3X Shares trades at $158.65. The key difference: Rockwell Automation pays a 1.2% dividend while Direxion Daily Semiconductor Bull 3X Shares pays none, and Rockwell Automation 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.
| ROK | SOXL | |
|---|---|---|
Market Cap | $51.04B | — |
Sector | Industrials | Leveraged / Inverse |
52-Week High | $495.08 | $300.77 |
52-Week Low | $328.67 | $23.99 |
Enterprise Value | $54.67B | — |
Dividend Yield | 1.2% | — |
Trailing returns across standard periods
Latest headlines on both assets
Rockwell Automation is a pure-play automation competitor that is the successor entity to Rockwell International, which spun off its former Rockwell Collins avionics segment in 2001. As of fiscal 2021, the firm operates through three segments--intelligent devices, software and control, and lifecycle services. Intelligent devices contains its drives, sensors, and industrial components, software and control contains its information and network and security software, while lifecycle services contains its consulting and maintenance services as well as its Sensia JV with Schlumberger.
Read more on ROK →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.
Read more on SOXL →