SPY and SOXX...kinda a big issue of realitySo if the SPXL tracks the SPY and is pretty chuck at the ATH....
And the SOXL tracks the SOXX and is at the ATL....
What am i missing that others get....cause when your semiconductors are said to the AI backbone and its our future.....
Why is SOXS and SOXL relatively close in price...
I mean SPX
Key stats
About DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES
Home page
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
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
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Stock breakdown by region
Top 10 holdings
SOXL Will FLY!Just look at the AD line:
With its sharp V-shaped recovery, the A/D Line (middle area) shows that the recent price rise is being driven by significant capital inflows and strong buying interest.
The Accumulation/Distribution Oscillator (lower panel) underlines this with an exceptionally high green b
SOXL: A so risky scenerio!SOXL: risky scenerio
-Important key level at zone 7.7, forming Head and Shouder pattern with high supply volume.
-The uptrend structure has not yet been broken out, but if this key level been through, a risky scenerio for a deep sink.
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Wait and see!
US STOCKS- WALL STREET DREAM- LET'S THE MARKET S
SOXL....complete sweetheartWhat more could people ask for! Great ETF, great price, and short window for a major upside to a demand heavy industry. There's a lot of interest in this one. It will likely spike very quickly. Good time to get in or watch by the sidelines!
Best of a luck and always do your own due diligence! I'm w
$SOXL $SOXX BOTTOMED (ASCENDING TRIANGLE)An ascending triangle is a bullish breakout pattern that occurs when the price breaks through the upper horizontal trendline with increasing volume. The upper trendline is horizontal, showing nearly identical highs that create a resistance level. Meanwhile, the lower trendline slopes upward, indic
Opening (IRA): SOXL March 21st 29 Covered Call... for a 26.85 debit.
Comments: High IV; starter position. Selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call.
Metrics:
Buying Power Effect/Break Even: 26.85
Max Profit: 2.15
ROC at Max: 8.01%
50% Max:
Opening (IRA): SOXL April 17th 24 Covered Call... for 22.48 debit.
Comments: Starting my run at April, adding at strikes better than what I currently have on.
Metrics:
Buying Power Effect/Break Even: 22.48
Max Profit: 1.52
ROC at Max: 6.76%
50% Max: .76
ROC at 50% Max: 3.38%
Will generally look to take profit at 50% max, add at intervals a
Opening (IRA): SOXL May 16th 17 Covered Call... for a 15.68 debit.
Comments: Laddering out a smidge here, selling the -84 delta call against shares to emulate the delta metrics of a 16 delta short put, but with the built-in defense of the short call.
Metrics:
Buying Power Effect/Break Even: 15.68
Max Profit: 1.32
ROC at Max: 8.42%
50% Max
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.
Related funds
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.
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.
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.
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.