Key stats
About Direxion Daily Semiconductor Bear 3x Shares
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Inception date
Mar 11, 2010
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
SOXS makes big, bearish bets against the highly concentrated semiconductor industry by using swap agreements, futures contracts, and short positions. The fund provides -3x exposure to an index of the 30 largest US-listed semiconductor companies, including manufacturers and providers of services or equipment associated with semiconductors. Index holdings are weighted by market-cap, with the weights of the top five securities capped at 8% and the remaining securities at 4%. The index may include ADRs, whose cumulative weight is capped at 10%. SOXS rebalances its exposure on a daily basis, thus, holding it for longer periods will expose the investor to compounding effects of the daily rebalancing. Prior to August 25, 2021, the fund tracked the PHLX Semiconductor Sector Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SOXS last dividends amounted to 0.18 USD. The quarter before, the issuer paid 0.30 USD in dividends, which shows a 63.58% decrease.
SOXS assets under management is 1.07 B USD. It's risen 43.64% over the last month.
SOXS fund flows account for 231.52 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SOXS pays dividends to its holders with the dividend yield of 7.94%. The last dividend (Apr 1, 2025) amounted to 0.18 USD. The dividends are paid quarterly.
SOXS shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Mar 11, 2010, and its management style is Passive.
SOXS expense ratio is 0.97% meaning you'd have to pay 0.97% of your investment to help manage the fund.
SOXS follows the NYSE Semiconductor Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SOXS invests in cash.
SOXS price has fallen by −38.77% over the last month, and its yearly performance shows a −54.85% decrease. See more dynamics on SOXS price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −34.70% over the last month, showed a −40.07% decrease in three-month performance and has decreased by −51.15% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −34.70% over the last month, showed a −40.07% decrease in three-month performance and has decreased by −51.15% in a year.
SOXS trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.