Compare two stocks
SWKS and SOXL 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, SWKS typically moved −0.12% and SOXL +4.0%.
| Economic force | SWKSSkyworks Solutions | SOXLDirexion Daily Semiconductor Bull 3X Shares |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | +2.1%−0.29% to +4.4%Not distinguishable from zero | +1.3%−3.7% to +6.4%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | −4.0%−9.8% to +1.8%Not distinguishable from zero | −3.7%−12.6% to +5.1%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −2.0%−4.2% to +0.12%Not distinguishable from zero | −1.6%−6.1% to +3.0%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +1.2%−0.29% to +2.6%Not distinguishable from zero | +0.18%−2.2% to +2.6%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −0.82%−4.9% to +3.2%Not distinguishable from zero | −3.1%−11.8% to +5.6%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −1.8%−5.9% to +2.3%Not distinguishable from zero | +5.0%−0.31% to +10.3%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.81%−2.0% to +0.38%Not distinguishable from zero | −0.36%−3.8% to +3.1%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | +0.34%−1.5% to +2.2%Not distinguishable from zero | +0.83%−2.4% to +4.0%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | −0.71%−2.0% to +0.63%Not distinguishable from zero | −0.77%−3.4% to +1.9%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | −0.85%−2.0% to +0.29%Not distinguishable from zero | +0.33%−1.4% to +2.1%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.01%−0.01% to +0.04%Not distinguishable from zero | +0.02%−0.03% to +0.07%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.19%−1.2% to +0.78%Not distinguishable from zero | +1.4%−0.89% to +3.7%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.75%+0.34% to +1.2%Clear | +0.79%−0.05% to +1.6%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | +0.43%−0.01% to +0.87%Not distinguishable from zero | −1.3%−2.1% to −0.57%Tentative |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | −0.12%−0.86% to +0.62%Not distinguishable from zero | +4.0%+3.1% to +4.9%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | +1.4%−3.3% to +6.1%Not distinguishable from zero | −4.5%−10.1% to +1.1%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | +0.71%−1.5% to +2.9%Not distinguishable from zero | −2.1%−5.0% to +0.82%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage pointClear difference | +0.29%−0.08% to +0.67%Not distinguishable from zero | +3.3%+2.4% to +4.1%Clear |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | −0.33%−0.56% to −0.10%Tentative | −1.1%−1.9% to −0.32%Tentative |
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.