Direxion Daily Semiconductor Bull 3X Shares - SOXL

ETF Information

The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies. The fund is non-diversified.

Net Asset Value (NAV): ⓘ USD 30.95

Assets Under Management (AUM): 10,461,816,090.0

ETF Company: None

Exchange: New York Stock Exchange Arca

Exchange Short Name: AMEX

Average Volume: 68,800,267

Holdings Count: 44

ISIN: US25459W4583

CUSIP:

Inception Date: 2010-03-11

Asset Class: Equity

Domicile: US

Expense Ratio: 0.76

Website:

SOXL Return vs S&P 500 ⓘ

Returns Charts ⓘ

Interactive Price Chart

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Google Search Trends ⓘ

News & Sentiments ⓘ

• SOXL: Playing With Fire

  Sentiment: Positive

  Publish Date: 2024-10-22 17:14:33

  The Direxion Daily Semiconductor Bull 3X Shares ETF is a 3x leveraged ETF that produced nearly a 400% return from late October 2023 through July 2024. SOXL shares are highly volatile, with shareholder value getting cut roughly in half since the July top. The semiconductors currently have a rough technical setup, high valuations, and insiders have been selling.

• SOXL ETF stock forecast ahead of Intel, AMD earnings

  Sentiment: Positive

  Publish Date: 2024-10-18 06:58:02

  The Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) has been one of the best-performing funds in the past decade as demand for chips soared. The fund has jumped by more than 2,085% in the last decade and by 186% in the past five years.

• Semiconductor ETFs: Not-So-Shocking Growth

  Sentiment: Positive

  Publish Date: 2024-10-17 07:20:55

  Nvidia (NVDA) has been one of the most interesting stocks of the year. The company isn't new to disruptive technology and has been known for its innovations in computer graphics and gaming years before it became a household name.

• 5 ETFs to Use as Semiconductor Sales Continue to Grow

  Sentiment: Neutral

  Publish Date: 2024-10-14 09:36:45

  A persistent bullish trade this year has been the semiconductor industry with the S&P 500 Semiconductors Index up over 80% for the year. As semiconductor sales grow, this gives traders various options for bullishness, including 5 ETFs from Direxion.

• 4 Best ETFs for Capitalizing on the Semiconductor Market Surge

  Sentiment: Positive

  Publish Date: 2024-10-11 13:04:17

  Driven by demand from cloud computing and AI, semiconductor sales have skyrocketed in recent months as pressure due to supply chain concerns and inflation has eased. The specialized chips that power these popular technologies are in such high demand that makers of these products now represent three of the 10 largest companies in the world by market capitalization—NVIDIA Corp., Taiwan Semiconductor Manufacturing Co. Ltd.

• Direxion's New Bull/Bear ETFs Focus on Netflix & TSMC

  Sentiment: Positive

  Publish Date: 2024-10-03 14:43:45

  On Thursday, Direxion expanded its single-stock leveraged and inverse ETF selection with new funds that focus on Netflix and Taiwan Semiconductor Manufacturing Company Limited (TSMC). Staying Engaged With Streaming Looking at Netflix, the Direxion Daily Direxion Daily NFLX Bull 2X Shares (NFXL) aims to provide 200% of the daily performance of Netflix's common shares.

• 10 Most Heavily Traded ETFs of Q3

  Sentiment: Positive

  Publish Date: 2024-09-30 13:01:30

  We have highlighted 10 ETFs that have seen higher average volumes in the third quarter and are thus the top 10 funds in terms of trading volume.

• AI & Data Centers Provide Fuel for Chip Stocks Rally

  Sentiment: Positive

  Publish Date: 2024-09-30 09:18:48

  Semiconductor stocks continue to rally and will continue to do so as long as the artificial intelligence (AI) and data center themes stay hot. So far, it appears that trend could persist for some time.

• Hedge Funds Load Up on Tech Stocks Ahead of Rate Cuts

  Sentiment: Negative

  Publish Date: 2024-09-27 09:05:46

  As the Nasdaq-100 continues to push higher, it doesn't appear as though certain hedge funds are sensing any frothiness. Per a Reuters report, hedge funds continue to load up on technology stocks as rate cuts loom.

• Survival Of The Fittest: How Much AI Do You Trade?

  Sentiment: Positive

  Publish Date: 2024-09-20 10:09:49

  AI stocks, especially semiconductor companies like Nvidia, have outperformed the S&P and Nasdaq since 2021 but come with high volatility and risk. The SOXX ETF offers a better risk-return ratio compared to the leveraged SOXL, making it a safer choice for investors. Reducing volatility to 14% for individual stocks like Nvidia, Broadcom, and AMD can still yield impressive returns while managing risk.

• SOXL: Another Epic Year-End Rally May Be Incoming

  Sentiment: Positive

  Publish Date: 2024-09-17 13:42:35

  Semiconductor stocks are volatile but appear poised for a year-end rally; patience should be rewarded with lower prices before the upswing. I prefer the Direxion Daily Semiconductor Bull 3X Shares ETF, or SOXL, for leveraged exposure, though it carries significant risks and requires prudent position sizing. Technical analysis of the underlying iShares Semiconductor ETF, or SOXX, shows a downtrend, but bullish indicators suggest a bottom is near, setting up for a rally.

• SOXL Remains A High-Risk Gamble, With Losses Mounting (Technical Analysis)

  Sentiment: Positive

  Publish Date: 2024-09-16 00:49:05

  I have warned readers since April about the risks of owning Direxion Daily Semiconductor Bull 3x Shares ETF, a highly leveraged Big Tech play. SOXL has dropped -25% since my original article, and the technical chart suggests a repeat of the 2022 bust. The daily rebalancing feature and high holding costs make long-term gains unlikely, with the strong potential for another -50% to -80% loss.

* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.

Technical Analysis ⓘ

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Technical Indicators Chart

• Technical Analysis Indicators

Indicator	Bullish	Bearish
Price and EMA ⓘ	Price crosses above EMA	Price crosses below EMA
Short-Term vs Long-Term EMA ⓘ	Short EMA crosses above Long EMA	Short EMA crosses below Long EMA
Volume ⓘ	Increasing volume during price uptrend	Increasing volume during price downtrend
MACD ⓘ	MACD crosses above Signal Line	MACD crosses below Signal Line
RSI ⓘ	RSI is below 30 (oversold) and starts to rise above 30	RSI is above 70 (overbought) and starts to decline below 70
Candlestick Patterns ⓘ	Bullish candlestick patterns	Bearish candlestick patterns