Direxion Daily Semiconductor Bull 3X Shares vs Teradyne, Inc. — how do they compare? Direxion Daily Semiconductor Bull 3X Shares trades at $159.9, while Teradyne, Inc. trades at $375.79 (market cap $52.25B). The key difference: Teradyne, Inc. pays a 0.16% dividend while Direxion Daily Semiconductor Bull 3X Shares pays none, and Teradyne, Inc. 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 | TER | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $300.77 | $483.84 |
52-Week Low | $23.99 | $90.15 |
Market Cap | — | $52.25B |
Enterprise Value | — | $52.08B |
Dividend Yield | — | 0.16% |
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 →Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuit boards, and electronics systems and wireless testing for devices. The firm entered the industrial automation market in 2015, into which it sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies directly and indirectly with its products, but its most significant exposure is to semiconductor testing, which made up 71% of 2021 sales. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.
Read more on TER →