TINY vs. SOXS ETF Comparison
Comparison of ProShares Nanotechnology ETF (TINY) to Direxion Daily Semiconductor Bear 3x Shares (SOXS)
TINY
ProShares Nanotechnology ETF
TINY Description
TINY is a passively managed fund that invests in securities from developed countries perceived to help businesses use nanotechnology to transform lives and revolutionize different industries. Companies considered should be involved in the production, application, development, or promotion of nanotechnologies. Using natural language processing algorithm, filings and public information are scanned to identify companies that have or are expected to have significant exposure to nanotechnology. Companies are then scored and ranked based on their level of exposure. Only the 30 highest-ranking companies are selected. Securities are weighted by market cap with a maximum limit of 4.5%. The index is reconstituted and rebalanced semi-annually in May and November.
Grade (RS Rating)
Last Trade
$49.56
Average Daily Volume
1,986
20
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
$20.02
Average Daily Volume
65,043,861
26
Performance
Period | TINY | SOXS |
---|---|---|
30 Days | 9.37% | -24.54% |
60 Days | 15.90% | -41.85% |
90 Days | -7.73% | -1.51% |
12 Months | 42.67% | -81.69% |
TINY Underweight 19 Positions Relative to SOXS
TINY: Top Represented Industries & Keywords
SOXS: Top Represented Industries & Keywords