Direxion Daily Semiconductor Bull 3X Shares vs iShares Semiconductor ETF — how do they compare? Direxion Daily Semiconductor Bull 3X Shares trades at $160.39, while iShares Semiconductor ETF trades at $554.46. The key difference: iShares 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.
| SOXL | SOXX | |
|---|---|---|
Sector | Leveraged / Inverse | Sector/Thematic |
52-Week High | $300.77 | $655.01 |
52-Week Low | $23.99 | $236.93 |
Trailing returns across standard periods
Latest headlines on both assets
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 →SOXX provides investors with exposure to U.S. companies that design, manufacture, and distribute semiconductors. It tracks the ICE Semiconductor Index, offering a targeted investment in the technology sector's foundational components, including firms that produce chips, related equipment, and services. SOXX is a key vehicle for investors seeking to capitalize on trends in artificial intelligence, 5G, and other technologies that rely heavily on advanced semiconductor technology.
Read more on SOXX →