SOXS vs. PSI ETF Comparison
Comparison of Direxion Daily Semiconductor Bear 3x Shares (SOXS) to PowerShares Dynamic Semiconductors (PSI)
SOXS
Direxion Daily Semiconductor Bear 3x Shares
SOXS Description
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the PHLX Semiconductor Sector Index. The fund creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index measures the performance of the semiconductor subsector of the U.S. equity market. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$46.13
Average Daily Volume
15,656,444
26
PSI
PowerShares Dynamic Semiconductors
PSI Description
The PowerShares Dynamic Semiconductors Portfolio (Fund) is based on the Dynamic Semiconductor IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intelldiex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$50.10
Average Daily Volume
75,302
28
Performance
| Period | SOXS | PSI |
|---|---|---|
| 30 Days | 33.32% | -8.28% |
| 60 Days | 6.30% | -5.56% |
| 90 Days | -6.29% | -0.92% |
| 12 Months | -74.97% | 30.27% |
17 Overlapping Holdings
| Symbol | Grade | Weight in SOXS | Weight in PSI | Overlap | |
|---|---|---|---|---|---|
| AMAT | B | 3.89% | 5.11% | 3.89% | |
| AVGO | B | 7.0% | 5.02% | 5.02% | |
| CRUS | C | 0.66% | 2.48% | 0.66% | |
| ENTG | D | 1.02% | 2.49% | 1.02% | |
| INTC | F | 7.36% | 3.83% | 3.83% | |
| KLAC | C | 3.8% | 4.89% | 3.8% | |
| LRCX | B | 4.14% | 4.94% | 4.14% | |
| MCHP | C | 3.53% | 2.67% | 2.67% | |
| MKSI | D | 0.84% | 2.58% | 0.84% | |
| MPWR | D | 1.06% | 2.33% | 1.06% | |
| MRVL | D | 2.56% | 2.67% | 2.56% | |
| MU | A | 4.35% | 7.07% | 4.35% | |
| NVDA | B | 8.24% | 5.82% | 5.82% | |
| NXPI | D | 4.15% | 2.55% | 2.55% | |
| QCOM | B | 8.23% | 5.25% | 5.25% | |
| QRVO | C | 1.8% | 2.52% | 1.8% | |
| SWKS | D | 2.85% | 2.47% | 2.47% |
SOXS: Top Represented Industries & Keywords
PSI: Top Represented Industries & Keywords
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