Direxion Daily Semiconductor Bear 3X Shares vs Zscaler Inc — how do they compare? Direxion Daily Semiconductor Bear 3X Shares trades at $44.59, while Zscaler Inc trades at $148.21 (market cap $24.23B). Which is the better fit depends on your goals.
| SOXS | ZS | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $1.61K | $336.27 |
52-Week Low | $32.50 | $118.05 |
Market Cap | — | $24.23B |
Enterprise Value | — | $22.55B |
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 →Zscaler is a security-as-a-service firm that offers its customers cloud-delivered solutions for protecting user devices and data. The firm leverages its position in 150 colocation data centers to deliver traditionally appliance-based security functionality, such as firewalls and sandboxes, as a completely cloud-native platform. The firm focuses on large enterprise customers and offers two primary product suites: Zscaler Internet Access, which securely connects users to externally managed application and websites (such as Salesforce and Google), and Zscaler Private Access, which securely connects users to internally managed applications. Both product suites encompass a broad gamut of capabilities situated across the traditional security stack.
Read more on ZS →