Direxion Daily Semiconductor Bear 3X Shares vs Sprott Uranium Miners ETF — how do they compare? Direxion Daily Semiconductor Bear 3X Shares trades at $44.68, while Sprott Uranium Miners ETF trades at $50.32. Which is the better fit depends on your goals.
| SOXS | URNM | |
|---|---|---|
Sector | Leveraged / Inverse | Commodities - Metals/Agriculture |
52-Week High | $1.61K | $83.99 |
52-Week Low | $32.50 | $44.14 |
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 →URNM is a pure-play ETF that invests in the global uranium industry. It provides exposure to companies involved in the mining, exploration, and production of uranium, as well as physical uranium holdings, with top assets like Cameco, Uranium Energy Corp, and the Sprott Physical Uranium Trust.
Read more on URNM →