Direxion Daily Semiconductor Bear 3X Shares vs Wheaton Precious Metals Corp — how do they compare? Direxion Daily Semiconductor Bear 3X Shares trades at $44.7, while Wheaton Precious Metals Corp trades at $103.33 (market cap $46.54B). The key difference: Wheaton Precious Metals Corp pays a 0.75% dividend while Direxion Daily Semiconductor Bear 3X Shares pays none. Which is the better fit depends on your goals.
| SOXS | WPM | |
|---|---|---|
Sector | Leveraged / Inverse | Basic Materials |
52-Week High | $1.61K | $165.72 |
52-Week Low | $32.50 | $91.00 |
Market Cap | — | $46.54B |
Enterprise Value | — | $44.39B |
Dividend Yield | — | 0.75% |
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 →Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Read more on WPM →