VanEck Semiconductor ETF vs Direxion Daily Semiconductor Bull 3X Shares — how do they compare? VanEck Semiconductor ETF trades at $585.99, while Direxion Daily Semiconductor Bull 3X Shares trades at $160.3. The key difference: VanEck Semiconductor ETF 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.
| SMH | SOXL | |
|---|---|---|
52-Week High | $668.91 | $300.77 |
52-Week Low | $283.95 | $23.99 |
Sector | — | Leveraged / Inverse |
Trailing returns across standard periods
Latest headlines on both assets
The fund normally invests at least 80% of its total assets in securities that comprise the target index. The index includes common stocks and depositary receipts of US exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a US exchange. The fund is non-diversified.
Read more on SMH →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 →