Direxion Daily Semiconductor Bear 3X Shares vs ProShares Ultra Gold ETF — how do they compare? Direxion Daily Semiconductor Bear 3X Shares trades at $44.78, while ProShares Ultra Gold ETF trades at $44.96. Which is the better fit depends on your goals.
| SOXS | UGL | |
|---|---|---|
Sector | Leveraged / Inverse | Leveraged / Inverse |
52-Week High | $1.61K | $85.62 |
52-Week Low | $32.50 | $33.59 |
Trailing returns across standard periods
Latest headlines on both assets
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 →UGL is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Gold Subindex. It is a tactical tool designed for sophisticated investors to magnify short-term bullish views on gold prices through the use of futures and swap contracts, rather than holding physical bullion.
Read more on UGL →