Direxion Daily Semiconductor Bear 3x SharesDirexion Daily Semiconductor Bear 3x SharesDirexion Daily Semiconductor Bear 3x Shares

Direxion Daily Semiconductor Bear 3x Shares

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Key stats


Assets under management (AUM)
‪914.21 M‬USD
Fund flows (1Y)
‪167.97 M‬USD
Dividend yield (indicated)
8.07%
Discount/Premium to NAV
Shares outstanding
‪75.34 M‬
Expense ratio
0.97%

About Direxion Daily Semiconductor Bear 3x Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Inception date
Mar 11, 2010
Structure
Open-Ended Fund
Index tracked
NYSE Semiconductor Index - Benchmark TR Gross
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
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 an index of the 30 largest US-listed semiconductor companies, including manufacturers and providers of services or equipment associated with semiconductors. Index holdings are weighted by market-cap, with the weights of the top five securities capped at 8% and the remaining securities at 4%. The index may include ADRs, whose cumulative weight is capped at 10%. SOXS rebalances its exposure on a daily basis, thus, holding it for longer periods will expose the investor to compounding effects of the daily rebalancing. Prior to August 25, 2021, the fund tracked the PHLX Semiconductor Sector Index.

Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Semiconductors
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings

See all ideas 

Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to SOXS via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SOXS trades at 12.21 USD today, its price has fallen −1.05% in the past 24 hours. Track more dynamics on SOXS price chart.
SOXS net asset value is 12.21 today — it's fallen 36.83% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SOXS assets under management is ‪914.21 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SOXS price has fallen by −37.09% over the last month, and its yearly performance shows a −53.20% decrease. See more dynamics on SOXS price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −36.83% over the last month, showed a −46.19% decrease in three-month performance and has decreased by −48.32% in a year.
SOXS fund flows account for ‪167.97 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SOXS invests in cash. See more details in our Analysis section.
SOXS expense ratio is 0.97%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
SOXS is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SOXS technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SOXS shows the sell signal. See more of SOXS technicals for a more comprehensive analysis.
Yes, SOXS pays dividends to its holders with the dividend yield of 8.07%.
SOXS shares are issued by Rafferty Asset Management LLC
SOXS follows the NYSE Semiconductor Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 11, 2010.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.