Direxion Daily Semiconductor Bear 3x Shares (SOXS)
| Assets | $7.11B |
| Expense Ratio | 1.03% |
| PE Ratio | n/a |
| Shares Out | 24.24M |
| Dividend (ttm) | $1.62 |
| Dividend Yield | 6.91% |
| Ex-Dividend Date | Sep 24, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | -72.22% |
| Volume | 22,979,379 |
| Open | 23.65 |
| Previous Close | 23.43 |
| Day's Range | 23.27 - 23.97 |
| 52-Week Low | 17.73 |
| 52-Week High | 90.10 |
| Beta | -3.34 |
| Holdings | 12 |
| Inception Date | Mar 11, 2010 |
About SOXS
Fund Home PageThe Direxion Daily Semiconductor Bear 3x Shares (SOXS) is an exchange-traded fund that is based on the NYSE Semiconductor index. The fund provides daily 3x leveraged inverse exposure to a modified market-cap-weighted index of 30 US-listed semiconductor companies. SOXS was launched on Mar 11, 2010 and is issued by Direxion.
Top 10 Holdings
-80.36% of assets| Name | Symbol | Weight |
|---|---|---|
| DREYFUS GOVT CASH MAN INS | n/a | 48.29% |
| GOLDMAN FINL SQ TRSRY INST 506 | n/a | 19.46% |
| DREYFUS TRSRY SECURITIES CASH MGMT | n/a | 14.30% |
| GOLDMAN SACHS FIN GOV 465 INSTITUT | n/a | 7.80% |
| ICE SEMICONDUCTOR INDEX SWAP | n/a | -6.34% |
| ICE SEMICONDUCTOR INDEX SWAP | n/a | -20.68% |
| ICE SEMICONDUCTOR INDEX SWAP | n/a | -31.61% |
| ICE SEMICONDUCTOR INDEX SWAP | n/a | -33.08% |
| ICE SEMICONDUCTOR INDEX SWAP | n/a | -38.89% |
| ICE SEMICONDUCTOR INDEX SWAP | n/a | -39.62% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 24, 2024 | $0.234 | Oct 1, 2024 |
| Jun 25, 2024 | $0.275 | Jul 2, 2024 |
| Mar 19, 2024 | $0.410 | Mar 26, 2024 |
| Dec 21, 2023 | $0.700 | Dec 29, 2023 |
| Sep 19, 2023 | $1.590 | Sep 26, 2023 |
| Jun 21, 2023 | $1.190 | Jun 28, 2023 |
News
Top Performing Leveraged/Inverse ETFs: 11/03/2024
Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Semiconductor ETFs: Not-So-Shocking Growth
Nvidia (NVDA) has been one of the most interesting stocks of the year. The company isn't new to disruptive technology and has been known for its innovations in computer graphics and gaming years befor...
5 ETFs to Use as Semiconductor Sales Continue to Grow
A persistent bullish trade this year has been the semiconductor industry with the S&P 500 Semiconductors Index up over 80% for the year. As semiconductor sales grow, this gives traders various options...
AI & Data Centers Provide Fuel for Chip Stocks Rally
Semiconductor stocks continue to rally and will continue to do so as long as the artificial intelligence (AI) and data center themes stay hot. So far, it appears that trend could persist for some time...
SOXS: Amortizing Fund That Should Be Avoided (Rating Upgrade)
Despite a 6% pullback in semiconductor stocks, the SOXS ETF has lost 6%, highlighting its ineffectiveness as a hedge due to volatility decay. SOXS ETF's reset of daily exposure leads to significant lo...
SOXS: Pullback Or Bubble? Doesn't Matter, Continue To Avoid This Amortizing Trap
The Direxion Daily Semiconductor Bear 3X Shares ETF provides -300% exposure to the daily return of the NYSE Semiconductor Index. Former President Trump's comments regarding Taiwan caused semiconductor...
SOXS ETF: Another expensive way to go broke
The Direxion Daily Semiconductor Bear 3x Shares (SOXS) ETF has become one of the most expensive ways to lose money in Wall Street. The fund has an expense ratio of a whopping 1.03% and has constantly ...
SOXS: Resist The Temptation To Short Semiconductor Stocks With Inverse Levered ETFs
The Direxion Daily Semiconductor Bear 3X Shares ETF provides -300% exposure to the daily return of the NYSE Semiconductor Index. Even contrarian investors should avoid the SOXS ETF due to tracking err...
SOXS: Don't Play With Fire No Matter How Bearish You Are
Shorting stocks/going long inverse funds is not a winning strategy over time. Direxion Daily Semiconductor Bear 3X Shares ETF offers investors the opportunity to profit from a downturn in semiconducto...
SOXS, SOXL ETFs price outlook as semiconductor stocks retreat
The Direxion Daily Semiconductor Bull 3x Shares (SOXL) ETF has slipped in the past few weeks. The SOXL fund plunged to a loe of $18 on Thursday, the lowest level since May 25th.
SOXL And SOXS: Shorting Both Produces An Attractive Pair Trade
The article explores the possibility of pairing Direxion Daily Semiconductor Bull 3X Shares ETF with their Daily Semiconductor Bear 3X Shares ETF to form a pairs trade. Forming a low variance couple i...
Profit From The Next Semiconductor Downturn With SOXS
I believe semiconductor stocks are at high risk due to limited benefits from AI, weak earnings, US-China trade war risks, recession risk, and high valuation levels. I recommend the Direxion Daily Semi...
Some lesser-known AI plays are gaining steam with investors
Investors wanting to play the hot trend of artificial intelligence are looking beyond the most obvious names, according to data from Stocktwits, a social platform for investors and traders.
June MDA Breakout Stocks/ETFs Week 26 - 2023: High-Frequency Gainers To Give You An Edge
Two new Breakout Stocks for Week 26 with better than 10% short-term upside, ETF updates and two Dow 30 Picks. Average cumulative returns for 2023 are down to +101.9% YTD. Last week was the worst week ...
SOXQ's AI Prospects And Opportunity With SOXS, But Timing Is Key
This thesis is about two ETFs, Invesco's SOXQ and Direxion's SOXS which are inversely related as when one rises, the other one falls. After an 8% rise in the last month alone, it is better to be cauti...
Investors Plow Into Zero Fee, Natural Gas & Inverse ARK ETFs
They are among the fastest-growing exchange-traded funds of 2023.
Bet Against Chip Stocks Boosts Popular ETF SOXS
After struggling this year, the fund ekes out weekly gain and 2023 inflows surge past $1 billion.
SMH And SOXS ETF: Using The IT-Semis Correlation For Investing And Trading
The information technology sector represented here by VGT and semiconductors (semis) have a strong correlation, as this thesis will elaborate upon. This linkage can be exploited, firstly for making a ...
Bearish On Advanced Micro Devices, Semiconductor Stocks? This Bear ETF Is Showing Signs Of Strength - Direxion Daily Semiconductor Bear 3x Shares (ARCA:SOXS)
Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) was trading up over 5% on Monday, rebounding from a bearish day on Friday, which dropped the ETF over 11%.
Conventional Fund Investors Move To The Sidelines And ETFs In June
For the sixth straight month, mutual fund investors were net redeemers of fund assets, withdrawing $102.2 billion from conventional funds for June. Fixed income funds (-$62.7 billion for June) witness...