SOXL

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

SOXL Fund Description

The Direxion Daily Semiconductor Bull ETF 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 CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/20/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SOXL 14.70% -5.06% 18.14% 49.47% 98.85% 65.93% --
SOXL (NAV) 14.82% -4.97% 18.33% 49.57% 98.80% 65.99% --
PHLX Semiconductor Sector Index -- -- -- -- -- -- --
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
1.02%
$668.13M
0.10%

SOXL Portfolio Data

0.29%
09/25/18

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
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

SOXL Factset Analytics Block Liquidity

As of 09/21/18
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

603,961
$94.06M
554,911
$84.67M
0.10%
$0.16
0.01%
0.84% / -0.22%
None
0.00%
50,000
11.10
0.00%
0.08%
36,532
$162.68
5