Royal Bank of Canada vs Direxion Daily Semiconductor Bear 3X Shares — how do they compare? Royal Bank of Canada trades at $210.37 (market cap $289.51B), while Direxion Daily Semiconductor Bear 3X Shares trades at $44.95. The key difference: Royal Bank of Canada pays a 2.42% dividend while Direxion Daily Semiconductor Bear 3X Shares pays none. Which is the better fit depends on your goals.
| RY | SOXS | |
|---|---|---|
Market Cap | $289.51B | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $217.87 | $1.61K |
52-Week Low | $128.46 | $32.50 |
Dividend Yield | 2.42% | — |
Trailing returns across standard periods
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →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 →