Find Out More About the Index Tracked by SOXL and SOXS

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

Tesla Post-Earnings Surge – More to Come or Cover for Bears?

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Nov 06, 2024 | 5 min read

Tesla reported its third-quarter earnings results – it started overwhelmingly positive, but has since seen some pullback. Could this market the beginning of a new bull run in the electrical automaker?

Trading China’s Stimulus – Surge Swings

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Nov 05, 2024 | 4 min read

Traders interested in big intraday moves in today’s market have to look no further than Chinese equities. China stocks exploded higher about a month ago.

Will Nvidia Earnings Be the Breakout Catalyst for the Chip Stock?

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Nov 04, 2024 | 5 min read

Nvidia is at the top of its recent range, threatening to break out to new split-adjusted highs.

Election Countdown: Trading Financials. FAS or FAZ?

FAS FAZ

Nov 04, 2024 | 4 min read

As the U.S. election draws closer, traders are eyeing sectors that could see potentially big moves, and financial stocks are at the top of that list.