Direxion Daily Semiconductor Bear 3X Shares vs Toronto-Dominion Bank — how do they compare? Direxion Daily Semiconductor Bear 3X Shares trades at $44.71, while Toronto-Dominion Bank trades at $120.5 (market cap $197.03B). The key difference: Toronto-Dominion Bank pays a 2.62% dividend while Direxion Daily Semiconductor Bear 3X Shares pays none. Which is the better fit depends on your goals.
| SOXS | TD | |
|---|---|---|
Sector | Leveraged / Inverse | Financials |
52-Week High | $1.61K | $124.80 |
52-Week Low | $32.50 | $72.55 |
Market Cap | — | $197.03B |
Dividend Yield | — | 2.62% |
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 →Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank's U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.
Read more on TD →