Direxion Daily Semiconductor Bear 3X Shares vs Consumer Staples Select Sector SPDR Fund — how do they compare? Direxion Daily Semiconductor Bear 3X Shares trades at $44.95, while Consumer Staples Select Sector SPDR Fund trades at $83.97. Which is the better fit depends on your goals.
| SOXS | XLP | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $1.61K | $90.00 |
52-Week Low | $32.50 | $75.61 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Consumer Staples companies by the GICS®. It is non-diversified.
Read more on XLP →