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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)
‪13.14 B‬ USD
Fund flows (1Y)
—
Dividend yield (indicated)
0.51%
Discount/Premium to NAV
—
Shares outstanding
‪318.70 M‬
Expense ratio
0.75%

About Direxion Daily Semiconductor Bull 3x Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Home page
direxion.com
Inception date
Mar 11, 2010
Structure
Open-Ended Fund
Index tracked
NYSE Semiconductor Index - Benchmark TR Gross
Replication method
Synthetic
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
ISIN
US25459W4583
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.

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

Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Semiconductors
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Market cap

Analysis


What's in the fund
Exposure type
Stocks
Electronic Technology
Producer Manufacturing
Stock breakdown by region
85%8%0.9%5%
Top 10 holdings

News



Ideas



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Seasonals


Displays a symbol's price movements over previous years to identify recurring trends.

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 assets under management is ‪13.14 B‬ USD. 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.
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.
Yes, SOXL pays dividends to its holders with the dividend yield of 0.51%.
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.