Direxion Daily Semiconductor Bear 3X Shares (SOXS)
- Previous Close
41.18 - Open
38.00 - Bid 38.96 x 1800
- Ask 39.46 x 1000
- Day's Range
37.30 - 40.78 - 52 Week Range
27.60 - 232.20 - Volume
26,698,571 - Avg. Volume
15,753,318 - Net Assets 650.3M
- NAV 39.65
- PE Ratio (TTM) --
- Yield 12.12%
- YTD Daily Total Return -31.17%
- Beta (5Y Monthly) -4.57
- Expense Ratio (net) 1.03%
The fund invests at least 80% of the fund’s net assets in financial instruments, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The index is a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies. The fund is non-diversified.
Direxion Funds
Fund Family
Trading--Inverse Equity
Fund Category
650.3M
Net Assets
2010-03-11
Inception Date
Performance Overview: SOXS
Trailing returns as of 4/24/2024. Category is Trading--Inverse Equity.
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Holdings: SOXS
Top 1 Holdings (38.03% of Total Assets)
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Research Reports: SOXS
Analyst Report: ASML Holding NV
Netherlands-based ASML Holdings N.V. provides advanced semiconductor capital equipment solutions. ASML manufactures ultraviolet lithography systems critical to the production of integrated circuits. The company, based in Europe's top technology hub near Eindhoven, has operations in Europe, the Americas, and Asia, and employs 33,000 people. The company supplies both primary semiconductor companies such as Intel and Samsung as well as merchant foundry companies such as Taiwan Semiconductor. Together with its partners, ASML is driving the development of more affordable, more powerful, and more energy-efficient chips and devices.
RatingPrice TargetMarket Update: MAN, ASML
U.S. stocks rose on Monday morning following last week's selloff. On the economic calendar this week are flash PMI readings for April on Tuesday, durable goods orders on Wednesday, U.S. 1Q GDP and pending home sales on Thursday, and consumer sentiment on Friday. Tesla shares are down ahead of its quarterly earnings tomorrow on news that the company cut prices by up to $2000 on several of its vehicles. The Dow was up 0.4%, the S&P 500 rose 0.5% and the Nasdaq gained 0.6%. Crude oil is trading above $83 per barrel and gold fell $64 to $2349 per ounce.
Analyst Report: ASML Holding N.V.
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML’s main clients are TSMC, Samsung, and Intel.
RatingPrice TargetAnalyst Report: ASML Holding N.V.
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML’s main clients are TSMC, Samsung, and Intel.
RatingPrice Target