Key stats
About DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES
Home page
Inception date
Mar 11, 2010
Structure
Open-Ended Fund
Replication method
Synthetic
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
SOXL is an aggressive and bullish 1-day bet on a concentrated portfolio of the 30 largest US-listed semiconductor companies, including manufacturers and providers of services or equipment associated with semiconductors. The funds index employs market-cap-weighting, 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%. To gain exposure to the index, the fund invests in swap agreements, securities of the index, and ETFs that track the index. SOXL rebalances its 3x leverage dailymeaning over the long haul, targeted returns could look significantly different due to compounding effects of this daily rebalance. Prior to August 25, 2021, the fund tracked the PHLX Semiconductor Sector Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Cash
Stocks53.52%
Electronic Technology47.70%
Producer Manufacturing5.82%
Bonds, Cash & Other46.48%
Cash46.48%
Stock breakdown by region
North America85.52%
Europe9.11%
Asia5.37%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history