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Leveraged & Inverse ETFs

leveraged
SOXL SOXS

The Direxion Daily Semiconductor Bull (SOXL) and Bear (SOXS) 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the ICE Semiconductor Index. There is no guarantee the funds will meet their stated investment objectives.

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Overview

These leveraged ETFs seek a return that is 300% or -300% of the return of their benchmark index for a single day. The funds should not be expected to provide three times or negative three times the return of the benchmark’s cumulative return for periods greater than a day.

Documents & Downloads

Strategy & Benefit

You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right.

Whether you’re a bull or a bear, Direxion is with you. Our leveraged ETFs are powerful tools built to help you:

  • Magnify your short-term perspective with daily 3X leverage
  • Go where there’s opportunity, with bull and bear funds for both sides of the trade; and
  • Stay agile – with liquidity to trade through rapidly changing markets

Leveraged and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments.


Target Index

ICE Semiconductor Index (ICESEMIT) is a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies. One cannot directly invest in an index.

Index Holdings & Sector Weightings

Top Ten Holdings %

NVIDIA Corp 10.45
Broadcom 7.80
Intel Corp 7.04
QUALCOMM 5.52
Texas Instruments 5.09
Advanced Micro Devices 5.05
Marvell Technology 4.48
ASML Holding 4.22
KLA Corp 3.87
NXP Semiconductors 3.80

Sector Weightings %

Semiconductors 81.19
Semiconductor Equipment 18.81

Index data as of 8/24/2021. Source: Bloomberg. Index weightings and holdings are subject to change.


Pricing & Performance

NAV and Market Price information as of . Line chart shows pricing trend over the last 30 days. The Primary Listing Exchange is the NYSE Arca, Inc.




Distributions

Tax Documents

Download the following Tax Reporting Documents

  • Form 8937 (SOXS 2020)
  • Ordinary Income from U.S. Government Obligations (2016)