SOXL

Direxion Daily Semiconductor Bull 3X Shares
*Unless otherwise stated, data provided by FactSet.

SOXL Fund Description

SOXL provides 3x daily exposure to a modified market-cap-weighted index of companies primarily involved in the design, distribution, manufacture and sale of semiconductors.

SOXL Factset Analytics Insight

SOXL is an aggressive and bullish 1-day bet on the constituents of the PHLX (Philadelphia Stock Exchange) Semiconductor Sector Index, which is also tracked as an unlevered fund by iShares' SOXX. SOXL uses swap agreements and rebalances its 3x leverage daily—meaning over the long haul, targeted returns could look significantly different due to compounding effects of this daily rebalance. The underlying index holds US-listed companies, making foreign companies with ADR listings eligible for inclusion. The index also caps any weighting at 8%, tempering the impact of sector giants Intel and NVIDIA. Nevertheless, SOXL is still a heavy bet on a concentrated group of companies that dominate the semiconductor segment. SOXL charges a high fee, but that's par for the course with leveraged ETFs. More importantly for a tactical product, SOXL's Tradability looks solid with adequate volume and decent spreads considering its 3x exposure to a volatile underlying index.

SOXL MSCI ESG Analytics Insight

Direxion Daily Semiconductor Bull 3X Shares has an MSCI ESG Fund Rating of BBB based on a score of 5.04 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Direxion Daily Semiconductor Bull 3X Shares ranks in the 43th percentile within its peer group and in the 49th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

SOXL Charts And Performance

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PERFORMANCE [as of 09/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SOXL 24.86% 39.41% 123.24% 19.80% 66.30% 44.67% --
SOXL (NAV) 16.18% 36.95% 119.46% 17.18% 65.15% 45.23% --
PHLX Semiconductor Sector Index 5.86% 13.76% 39.77% 18.36% 27.90% 21.87% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SOXL Summary Data

Direxion
03/11/10
Open-Ended Fund
0.99%
$686.01M
0.12%

SOXL Portfolio Data

0.64%
09/24/19

SOXL Index Data

Market Cap
Market Cap
N/A

SOXL Fund Structure

Yes
Yes
No Policy
N/A
N/A
Low
3
Daily

SOXL Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

SOXL Factset Analytics Block Liquidity

As of 09/20/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SOXL. SOXL is rated a 5 out of 5.

SOXL Tradability

904,170
$144.91M
799,681
$120.74M
0.12%
$0.19
0.00%
0.31% / -0.24%
None
0.00%
50,000
15.99
0.00%
--
39,723
$182.44
5

SOXL MSCI ESG Ratings

BBB
5.04 / 10
48.89
42.57
--
4.44%
84.74