Skip to Main Content

Find Out More About the Index Tracked by SOXL and SOXS

SOXL / SOXSDecember 04, 2023 | 2 min watch

SOXL and SOXS offer traders a dynamic way to take risk on daily semiconductor sector movements. SOXL aims to provide triple the daily performance of the NYSE Semiconductor Index (before fees and expenses), making it a potentially attractive option for those bullish on the sector. Its leveraged structure seeks to magnify potential returns but also increases risk.

On the flip side, SOXS is designed to deliver triple the inverse of the daily performance of the same index (before fees and expenses), allowing investors an opportunity to seek to benefit from declines in the sector. This makes SOXS a potential tool for hedging or implementing a bearish strategy. However, the leveraged nature of SOXS also means increased volatility and risk.

Latest Leveraged & Inverse ETF Insights

The homepage of an iPhone, showing generic apps such as Weather, Books, and News

Apple: Tempting or Overripe?

AAPD AAPU
May 16, 2024 | 2 min read
The bull and bear trading case for Apple. Will these new regulations cause short-term fluctuation in the stock, or not?

Sign Up for the Latest Insights

Provides market related news and insights geared toward active traders to help them target potential trading opportunities in Leveraged and Inverse ETFs.
Provides insights into various economic and market related events to help investors identify thematic investment opportunities in Non-Leveraged ETFs.
Highlights the top 10 Direxion Leverage & Inverse ETFs in a video that is updated every 10 trading days.
Behind the Numbers is your weekly gateway to U.S. financial market insight, trends, & compelling statistic shaping the economic terrain.
Operational Updates
Provides updates on all Direxion ETF events, including product launches, corporate actions, and distributions.