Compare two stocks
SOXL and DVA clearly differ on 3 of 19 forces. The widest gap is momentum: in weeks when recent winners beat the stock market by 1 percentage point, SOXL typically moved +4.0% and DVA +0.14%.
| Economic force | SOXLDirexion Daily Semiconductor Bull 3X Shares | DVADaVita |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | +1.3%−3.7% to +6.4%Not distinguishable from zero | +0.79%−0.80% to +2.4%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −3.7%−12.6% to +5.2%Not distinguishable from zero | −4.7%−8.0% to −1.4%Tentative |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.5%−6.1% to +3.0%Not distinguishable from zero | −0.67%−2.8% to +1.5%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.13%−2.3% to +2.5%Not distinguishable from zero | −0.16%−0.92% to +0.60%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −3.1%−11.8% to +5.6%Not distinguishable from zero | −0.71%−4.4% to +2.9%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +5.0%−0.30% to +10.3%Not distinguishable from zero | −1.4%−4.0% to +1.1%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.35%−3.8% to +3.1%Not distinguishable from zero | −0.34%−2.6% to +1.9%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.83%−2.4% to +4.0%Not distinguishable from zero | −0.33%−2.4% to +1.7%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.77%−3.4% to +1.9%Not distinguishable from zero | −1.4%−3.3% to +0.50%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.33%−1.4% to +2.1%Not distinguishable from zero | +0.78%−0.04% to +1.6%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.02%−0.03% to +0.07%Not distinguishable from zero | +0.03%−0.01% to +0.06%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | +1.4%−0.90% to +3.7%Not distinguishable from zero | +0.30%−1.4% to +2.0%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.79%−0.05% to +1.6%Not distinguishable from zero | +0.84%+0.36% to +1.3%Tentative |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | −1.3%−2.1% to −0.57%Tentative | +1.3%+0.73% to +1.8%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | +4.0%+3.1% to +4.9%Clear | +0.14%−0.51% to +0.79%Not distinguishable from zero |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −4.5%−10.1% to +1.1%Not distinguishable from zero | −0.21%−3.5% to +3.1%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −2.1%−5.0% to +0.82%Not distinguishable from zero | −0.38%−1.6% to +0.89%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage pointClear difference | +3.3%+2.4% to +4.1%Clear | +0.12%−0.53% to +0.77%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −1.1%−1.9% to −0.32%Tentative | −0.17%−0.47% to +0.14%Not distinguishable from zero |
Each figure is the stock's typical move in a week when the force moved by the stated amount, after accounting for the stock market, with its 90% range beneath. Grey figures could not be told apart from zero. A row is marked a clear difference only when the two 90% ranges do not overlap.
This describes the past, and it is not a forecast. Relationships change, and nothing here is a recommendation to buy, sell or hold any security.