(SOXL) Direxion Daily - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NYSE ARCA (USA) | Market Cap: 24.285m USD | Total Return: 1438.3% in 12m
Avg Turnover: 10.7B
Warnings
No concerns identified
Tailwinds
Supp Ema20, Rs Leader, Idiosyncratic Leader, Tailwind
The Direxion Daily Semiconductor Bull 3X Shares (SOXL) is a leveraged exchange-traded fund designed to provide 300% of the daily performance of the NYSE Semiconductor Index. The fund allocates at least 80% of its net assets to financial derivatives, such as swap agreements and index-tracking securities, to achieve its triple-leverage objective. It utilizes a non-diversified approach, focusing on the thirty largest U.S.-listed companies within the semiconductor industry.
The semiconductor sector is characterized by high capital intensity and cyclical demand driven by advancements in artificial intelligence, automotive electronics, and data center infrastructure. Because this ETF resets its leverage daily, its long-term performance can deviate significantly from the underlying index due to the effects of compounding and volatility decay. Investors can evaluate these risk factors further by reviewing detailed performance metrics on ValueRay.
- NVIDIA and AMD earnings reports dictate daily index volatility and momentum
- Federal Reserve interest rate policy shifts impact high-growth semiconductor valuations
- Triple daily leverage amplifies gains and losses from semiconductor sector volatility
- Global chip demand cycles drive revenue for top thirty index components
- Compounding effects and daily rebalancing cause long-term performance deviation from index
As of June 04, 2026, the stock is trading at USD 280.54 with a total of 45,514,604 shares traded.
Over the past week, the price has changed by +28.70%,
over one month by +119.95%,
over three months by +425.16% and
over the past year by +1438.30%.
Direxion Daily has no consensus analysts rating.