Direxion Daily Semiconductor Bear 3X Shares vs iShares TIPS Bond ETF — how do they compare? Direxion Daily Semiconductor Bear 3X Shares trades at $45.01, while iShares TIPS Bond ETF trades at $107.93. Which is the better fit depends on your goals.
| SOXS | TIP | |
|---|---|---|
Sector | Leveraged / Inverse | Fixed Income |
52-Week High | $1.61K | $112.20 |
52-Week Low | $32.50 | $107.91 |
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 →TIP is the flagship ETF for U.S. Treasury Inflation-Protected Securities (TIPS). It tracks an index of government bonds whose principal value adjusts based on the Consumer Price Index (CPI), providing a direct hedge against rising inflation.
Read more on TIP →