DIREXION DAILY SEMICONDUCTOR BULL 3X SHARESDIREXION DAILY SEMICONDUCTOR BULL 3X SHARESDIREXION DAILY SEMICONDUCTOR BULL 3X SHARES

DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES

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Key stats


Assets under management (AUM)
‪212.66 B‬MXN
Fund flows (1Y)
‪90.74 B‬MXN
Dividend yield (indicated)
2.06%
Discount/Premium to NAV
−0.5%
Shares outstanding
‪12.54 B‬
Expense ratio
0.75%

About DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Home page
Inception date
Mar 11, 2010
Structure
Open-Ended Fund
Index tracked
NYSE Semiconductor Index - Benchmark TR Gross
Management style
Passive
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
SOXL is an aggressive and bullish 1-day bet on a concentrated portfolio of the 30 largest US-listed semiconductor companies, including manufacturers and providers of services or equipment associated with semiconductors. The funds index employs market-cap-weighting, 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%. To gain exposure to the index, the fund invests in swap agreements, securities of the index, and ETFs that track the index. SOXL rebalances its 3x leverage dailymeaning over the long haul, targeted returns could look significantly different due to compounding effects of this daily rebalance. Prior to August 25, 2021, the fund tracked the PHLX Semiconductor Sector Index.

Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Semiconductors
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Producer Manufacturing
Stock breakdown by region
85%8%5%
Top 10 holdings

See all ideas 

Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to SOXL via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SOXL trades at 302.64 MXN today, its price has fallen −5.05% in the past 24 hours. Track more dynamics on SOXL price chart.
SOXL net asset value is 319.12 today — it's risen 77.18% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SOXL assets under management is ‪212.66 B‬ MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SOXL price has risen by 68.47% over the last month, and its yearly performance shows a −63.17% decrease. See more dynamics on SOXL price chart.
NAV returns, another gauge of an ETF dynamics, showed a −45.25% decrease in three-month performance and has decreased by −59.43% in a year.
SOXL fund flows account for ‪90.74 B‬ MXN (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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SOXL invests in stocks. See more details in our Analysis section.
SOXL expense ratio is 0.75%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, SOXL is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SOXL technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SOXL shows the sell signal. See more of SOXL technicals for a more comprehensive analysis.
Yes, SOXL pays dividends to its holders with the dividend yield of 2.06%.
SOXL trades at a premium (0.50%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SOXL shares are issued by Rafferty Asset Management LLC
SOXL follows the NYSE Semiconductor Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 11, 2010.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.