Direxion Shares ETF Trust - Daily Semiconductor Bull 3X Shs Now the Least Expensive vs. Bitcoin This Year
By CryptocurrenciesChannel Staff, 11/1/2024
Here at
CryptocurrenciesChannel.com, we find it interesting to track various ETF and stock prices versus various digital assets over time.
We noticed that as of 11/1/2024, Bitcoin ($BTC) can buy you the
most amount of Direxion Shares ETF Trust - Daily Semiconductor Bull 3X Shs shares, in the past year. For example, if you had 1 Bitcoin coin and wished to buy shares of SOXL with the proceeds, you would now be able to buy 2304.07 shares of SOXL. That's versus a low amount of 838.32 shares over the trailing twelve months. Here's how this relationship looks charted, over the past year:
The main driver of the above bar chart has, of course, been the performance of Direxion Shares ETF Trust - Daily Semiconductor Bull 3X Shs shares, relative to the performance of Bitcoin; and here's how the two compare over the past year on a total return basis:
Check out our
Bitcoin historical price chart and
Direxion Shares ETF Trust - Daily Semiconductor Bull 3X Shs vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the SOXL returns.
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CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!