Direxion Daily Semiconductor Bear 3X Shares vs Skyworks Solutions Inc — how do they compare? Direxion Daily Semiconductor Bear 3X Shares trades at $45.1, while Skyworks Solutions Inc trades at $62.99 (market cap $8.99B). The key difference: Skyworks Solutions Inc pays a 4.75% dividend while Direxion Daily Semiconductor Bear 3X Shares pays none. Which is the better fit depends on your goals.
| SOXS | SWKS | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $1.61K | $83.40 |
52-Week Low | $32.50 | $52.50 |
Market Cap | — | $8.99B |
Enterprise Value | — | $8.76B |
Dividend Yield | — | 4.75% |
Trailing returns across standard periods
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 →Skyworks Solutions produces semiconductors for wireless handsets and other devices that are used to enable wireless connectivity. Its main products include power amplifiers, filters, switches, and integrated front-end modules that support wireless transmissions. Skyworks' customers are mostly large smartphone manufacturers, but the firm also has a growing presence in nonhandset applications such as wireless routers, medical devices, and automobiles.
Read more on SWKS →