Direxion Daily Semiconductor Bull 3X Shares vs TORM plc — how do they compare? Direxion Daily Semiconductor Bull 3X Shares trades at $158.65, while TORM plc trades at $29.89 (market cap $2.99B). The key difference: TORM plc pays a 9.62% dividend while Direxion Daily Semiconductor Bull 3X Shares pays none, and TORM plc 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 | TRMD | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $300.77 | $34.87 |
52-Week Low | $23.99 | $17.50 |
Market Cap | — | $2.99B |
Enterprise Value | — | $3.88B |
Dividend Yield | — | 9.62% |
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 →TORM plc is one of the world's largest owners and operators of product tankers, specializing in the transportation of refined oil products like gasoline, jet fuel, and diesel. Operating under its integrated 'One TORM' model, the company maintains a modern, wholly-owned fleet of nearly 90 vessels. It is widely recognized by investors for its aggressive variable dividend policy, which returns a significant portion of its cash flow directly to shareholders during periods of high freight rates.
Read more on TRMD →