Direxion Daily Semiconductor Bear 3X Shares vs United States Oil ETF — how do they compare? Direxion Daily Semiconductor Bear 3X Shares trades at $44.95, while United States Oil ETF trades at $129.1. Which is the better fit depends on your goals.
| SOXS | USO | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $1.61K | $152.96 |
52-Week Low | $32.50 | $66.17 |
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 →This ETF invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.
Read more on USO →