SOXS
Direxion Daily Semiconductor Bear 3x Shares

Price: $32.37
Change: $1.07 (-0.03%)
Category: Inverse Equities
Last Updated:

Vitals

Brand Direxion
Structure ETF
Expense Ratio 1.01%
ETF Home Page Home page
Inception Mar 11, 2010

Analyst Report

This ETF offers 3x daily short leverage to the PHLX Semiconductor Index, making it a powerful tool for investors with a bearish short-term outlook for semiconductor equities. Investors should note that SOXS’s leverage resets on a daily basis, which results in compounding of returns when held for multiple periods. SOXS can be a powerful tool for sophisticated investors, but should be avoided by those with a low risk tolerance or a buy-and-hold strategy.

ETF Database Themes

Category Inverse Equities
Inverse Yes
Leveraged -3x
Asset Class Equity
Asset Class Size Large-Cap
Asset Class Style Growth
Sector (General) Technology
Sector (Specific) Semiconductors
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Inverse Equity: U.S. Semiconductors
Category Sector
Focus Information Technology
Niche Semiconductors
Strategy Vanilla
Weighting Scheme Market Cap

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $30.55
  • 52 Week Hi $89.59
  • AUM $1,025.8 M
  • Shares 30.7 M

Historical Trading Data

  • 1 Month Avg. Volume 23,022,596
  • 3 Month Avg. Volume 19,614,448

Alternative ETFs in the ETF Database Inverse Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SPDN 0.49% $581.8 M 4 M 12.82%
Largest (AUM) SQQQ 0.95% $3.7 B 143 M 47.95%
Most Liquid (Volume) SQQQ 0.95% $3.7 B 143 M 47.95%
Top YTD Performer WEBS 1.01% $62.6 M 566,611 102.48%

Alternative ETFs in the FactSet Inverse Equity: U.S. Semiconductors Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SSG 0.95% $8.3 M 66,918 18.75%
Largest (AUM) SSG 0.95% $8.3 M 66,918 18.75%
Most Liquid (Volume) SSG 0.95% $8.3 M 66,918 18.75%
Top YTD Performer SSG 0.95% $8.3 M 66,918 18.75%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

SOXS ETF Database Category Average FactSet Segment Average
Number of Holdings 5 3 2
% of Assets in Top 10 100.00% 96.10% 100.00%
% of Assets in Top 15 100.00% 96.36% 100.00%
% of Assets in Top 50 100.00% 96.36% 100.00%

Size Comparison

SOXS ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

SOXS Valuation

This section compares the P/E ratio of this ETF to its peers.

SOXS
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
0.79
FactSet Segment Average
P/E Ratio
N/A

SOXS Dividend

This section compares the dividend yield of this ETF to its peers.

SOXS ETF Database Category Average FactSet Segment Average
Dividend $ 0.05 $ 0.05 $ 0.02
Dividend Date 2020-03-24 N/A N/A
Annual Dividend Rate N/A N/A N/A
Annual Dividend Yield N/A N/A N/A

SOXS Price and Volume Charts

View charts featuring SOXS price and volume data.

SOXS Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 128.86 M 1 Month Net Flows: 889.95 M 3 Month Net Flows: 283.55 M 6 Month Net Flows: 728.68 M 1 Year Net Flows: 733.23 M 3 Year Net Flows: 1.14 B 5 Year Net Flows: 1.53 B 10 Year Net Flows: 1.74 B

SOXS Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.