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Leveraged & Inverse ETFs

Direxion Daily Semiconductor Bull and Bear 3X Shares

The Direxion Daily Semiconductor Bull and Bear 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the NYSE Semiconductor Index. There is no guarantee the funds will achieve their stated investment objectives.

Investing in a Direxion Shares ETF may be more volatile than investing in broadly diversified funds. The use of leverage by the Fund increases the risk to the Fund. The Direxion Shares ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk and the consequences of seeking daily leveraged investment results and intend to actively monitor and manage their investment.

SOXL

NAV (Net Asset Value)$29.59As of Nov 13, 2024
1 Day NAV change$-2.04(-6.45%)As of Nov 13, 2024

SOXS

NAV (Net Asset Value)$22.86As of Nov 13, 2024
1 Day NAV change$+1.39(+6.46%)As of Nov 13, 2024
SOXLDirexion Daily Semiconductor Bull 3X Shares
Daily Target
+300%
Intra-day Value
SOXL.IV
Daily NAV
$29.59
Daily Market Price
$29.69
Expense Ratio
(gross/net %)
0.92 / 0.76*
Daily Volume
Security Identifier
25459W458
Inception Date
Mar 11, 2010
SOXSDirexion Daily Semiconductor Bear 3X Shares
Daily Target
-300%
Intra-day Value
SOXS.IV
Daily NAV
$22.86
Daily Market Price
$22.84
Expense Ratio
(gross/net %)
1.03 / 1.03*
Daily Volume
Security Identifier
25460G112
Inception Date
Mar 11, 2010

Operational Updates

  • 03/15/2024
    Direxion Announces Reverse Split of SOXS
    Read the Press Release
  • 01/23/2024
    Direxion's New ETF Alert Service. Get Price and Volume Alerts automatically via text message!
    Set Up Your ETF Alerts Today

Documents & Downloads

  • SOXL SOXS Fact Sheet (pdf)
  • Direxion ETFs List (pdf)
  • SOXL Prospectus
  • SOXS Prospectus
  • Daily Fund Holdings (csv)

These leveraged ETFs seek a return that is 300% or -300% of the return of their benchmark index for a single day. The funds should not be expected to provide three times or negative three times the return of the benchmark’s cumulative return for periods greater than a day.

Pricing & Performance

NAV and Market Price information as of 11/13/2024.

SOXL Direxion Daily Semiconductor Bull 3X Shares
Net Asset Value (NAV)
$29.59Nav
$-2.04Change
-6.45%Change
Market Price Closing
$29.69Market
$-1.98Change
-6.25%Change
Premium / Discount
$+0.10Change from Last Day Trading
Premium/Discount tool
SOXS Direxion Daily Semiconductor Bear 3X Shares
Net Asset Value (NAV)
$22.86Nav
$+1.39Change
+6.46%Change
Market Price Closing
$22.84Market
$+1.41Change
+6.58%Change
Premium / Discount
$-0.02Change from Last Day Trading
Premium/Discount tool
Loading chart...
1M3MYTD1Y3Y5Y10YSince
Inception
Expense Ratio*
(Gross / Net%)
Inception
Date
SOXL NAV
-18.29
-32.78
-4.15
102.08
-13.74
18.34
33.28
30.41
0.92 / 0.76*
03/11/2010
SOXL Market Close
-17.97
-32.09
-3.68
103.39
-13.59
18.46
33.35
30.46
0.92 / 0.76*
03/11/2010
SOXS NAV
14.17
-0.50
-58.81
-82.13
-64.77
-76.70
-69.51
-100.00
1.03 / 1.03*
03/11/2010
SOXS Market Close
13.98
-0.36
-58.91
-82.15
-64.80
-76.69
-69.52
-100.00
1.03 / 1.03*
03/11/2010

As of October 31, 2024

The Primary Listing Exchange is the NYSE Arca, Inc.

*The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.72% for SOXL and 0.88% for SOXS. The Funds’ adviser, Rafferty Asset Management, LLC (“Rafferty”) has entered into an Operating Expense Limitation Agreement with each Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse each Fund for Other Expenses through September 1, 2025, to the extent that the Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, the expense ratio would be higher.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the funds’ website at direxion.com.

Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.

Index Information

NYSE Semiconductor Index (ICESEMIT) is a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies. One cannot invest directly in an index.

Index Top Ten Holdings

% of Total
Advanced Micro Devices
8.85%
Broadcom Limited
8.48%
Nvidia
8.15%
Qualcomm
6.07%
Texas Instruments
6.03%
Micron Technology
4.31%
Intel
4.26%
Applied Material
4.10%
Lam Research
3.98%
Monolithic Power Systems
3.96%

View all Index Holdings

View Daily Fund Holdings

Index Sector Weightings

% of Total
Semiconductors
79.12%
Semiconductor Materials & Equipment
20.88%
Index data as of 09/30/2024. Index sector weightings and top holdings are subject to change.

Strategy & Benefit

You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right.

Whether you’re a bull or a bear, Direxion is with you. Our leveraged ETFs are powerful tools built to help you:

  • Magnify your short-term perspective with daily 3X leverage
  • Go where there’s opportunity, with bull and bear funds for both sides of the trade; and
  • Stay agile – with liquidity to trade through rapidly changing markets

Leveraged and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments.

Distributions

SOXL Direxion Daily Semiconductor Bull 3X Shares

Record DateEx DatePay DateIncome DividendShort-Term Capital GainLong-Term Capital GainExpand
09/24/202409/24/202410/01/20240.05955
06/25/202406/25/202407/02/20240.14946
03/20/202403/19/202403/26/20240.03530
12/22/202312/21/202312/29/20230.06318
Record Date09/24/2024
Ex Date09/24/2024
Pay Date10/01/2024
Income Dividend0.05955
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/25/2024
Ex Date06/25/2024
Pay Date07/02/2024
Income Dividend0.14946
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/20/2024
Ex Date03/19/2024
Pay Date03/26/2024
Income Dividend0.03530
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/22/2023
Ex Date12/21/2023
Pay Date12/29/2023
Income Dividend0.06318
Short-Term Capital Gain
Long-Term Capital Gain

SOXS Direxion Daily Semiconductor Bear 3X Shares

Record DateEx DatePay DateIncome DividendShort-Term Capital GainLong-Term Capital GainExpand
09/24/202409/24/202410/01/20240.23429
06/25/202406/25/202407/02/20240.27477
03/20/202403/19/202403/26/20240.04133
12/22/202312/21/202312/29/20230.06967
Record Date09/24/2024
Ex Date09/24/2024
Pay Date10/01/2024
Income Dividend0.23429
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/25/2024
Ex Date06/25/2024
Pay Date07/02/2024
Income Dividend0.27477
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/20/2024
Ex Date03/19/2024
Pay Date03/26/2024
Income Dividend0.04133
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/22/2023
Ex Date12/21/2023
Pay Date12/29/2023
Income Dividend0.06967
Short-Term Capital Gain
Long-Term Capital Gain

Documents

Tax Documents

Download the following Tax Reporting Documents

  • Form 8937 (SOXS 2020)
  • Ordinary Income from U.S. Government Obligations (2016)

How to Trade

ETFs are generally available for purchase on exchanges, much like stocks—and can be bought and sold throughout the trading day whenever exchanges are open. Direxion ETFs cannot be purchased directly from Direxion, but are available for trading on most trading platforms.

We strongly recommend that you take the time to educate yourself on how leveraged and inverse ETFs function and behave in various market conditions before you endeavor to trade them in your account. It’s always a good idea to consult a financial advisor or brokerage account representative if you have questions about any ETFs.

Please note, your advisor or broker may charge commissions or other transaction fees. If you have any questions specific to Direxion products, please contact us direct at [email protected] or 866-476-7523.

Operational Updates

Documents & Downloads

How to Trade

While you can't trade our funds from our website, investors still have multiple options for buying Direxion ETFs
Learn More About Trading Direxion ETFs

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