SOXS

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

SOXS Fund Description

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

SOXS Factset Analytics Insight

SOXS makes big, bearish bets against the highly concentrated semiconductor industry by using swap agreements, futures contracts and short positions. The fund provides -3x exposure to the PHLX Semiconductor Sector Index—a market-cap-weighted index of 30 US-listed companies engaged in everything from the design to the sale of semiconductors. The same index is tracked as an unlevered fund by iShares' SOXX. Although the index caps any weighting at 8%, like the market itself, SOXS' portfolio is dominated by its top ten names, making the fund an explicit bet against a relative handful of companies. The fund rebalances its exposure on a daily basis, making long-term returns difficult to predict due to the effects of path dependency and compounding.

PERFORMANCE [as of 07/29/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SOXS 1.80% -17.77% -58.97% -86.84% -81.52% -77.09% -68.12%
SOXS (NAV) -1.43% -20.64% -61.28% -86.73% -81.83% -77.40% -68.39%
PHLX Semiconductor Sector Index -0.42% 4.45% 20.01% 60.45% 36.72% 36.52% 26.25%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SOXS Summary Data

Direxion
03/11/10
Open-Ended Fund
1.08%
$113.80M
0.13%
SSG

SOXS Portfolio Data

6.09%
N/A

SOXS Index Data

Market Cap
Market Cap
N/A

SOXS Fund Structure

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

SOXS Tax Exposures

20.00% / 39.60%
--
No

SOXS Factset Analytics Block Liquidity

As of 07/30/21
5
4
3
2
1

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

SOXS Tradability

7,963,315
$63.52M
7,624,735
$60.39M
0.13%
$0.01
-0.05%
1,099.67% / -0.45%
None
96.00%
50,000
152.49
0.00%
--
67,758
$6.95
5