SOXS - Direxion Daily Semicondct Bear 3X ETF
| Previous Close | 13.66 |
| Open | 14.81 |
| Bid | 0.00 x 2200 |
| Ask | 0.00 x 4000 |
| Day's Range | 13.36 - 14.86 |
| 52 Week Range | 8.83 - 18.42 |
| Volume | 4,810,947 |
| Avg. Volume | 4,696,110 |
| Net Assets | 68.13M |
| NAV | 13.33 |
| PE Ratio (TTM) | N/A |
| Yield | 0.31% |
| YTD Return | -18.88% |
| Beta (3Y Monthly) | -3.92 |
| Expense Ratio (net) | 0.98% |
| Inception Date | 2010-03-11 |
- ETF Trends•20 hours ago
Chip and Dip: Is Semiconductor Weakness a Leveraged Buying Opportunity?
In a pre-Thanksgiving rout, the broad market is feeling the pain of indigestion as the Dow Jones Industrial Average swallowed up to 500 points of losses, but the declines in the technology sector, specifically leveraged semiconductor exchange-traded funds (ETFs) like the Direxion Daily Semiconductor Bull 3X ETF (SOXL), could benefit from a dip in chips. For much of the year, SOXL was riding high on the strength of tech in the historic bull market run for U.S. equities, but it took a brunt of the semiconductor sector's punishment on Friday--down almost 7%--with its 300% exposure thanks to Nvidia missing on revenue for its third quarter earnings report. The losses continued to roil Nvidia on Monday as shares fell 9.3%, which in turn, caused the decline in SOXL by 8.73%.
- ETF Trends•4 days ago
Semiconductor ETFs Whiplashed by Nvidia Revenue Miss
Nvidia outperformed analyst expectations in the earnings department, but missed on the revenue front, whiplashing semiconductor exchanged-traded funds (ETFs) in the process. Nvidia stock fell as much as 16% in Friday's early trading session, while semiconductor ETFs were taken down with it-- ProShares Ultra Semiconductors (USD) --down 5%, VanEck Vectors Semiconductor ETF (SMH) --down 2.34% and iShares PHLX Semiconductor ETF (SOXX) --down 3.30%. Leveraged ETF plays like the Direxion Daily Semiconductor Bull 3X ETF (SOXL) have been riding high on the strength of the technology sector in the historic bull market run seen in U.S. equities, but it took a brunt of the semiconductor sector's punishment on Friday--down almost 7%--with its 300% exposure.
- Benzinga•6 days ago
Tide Could Be Turning For This Chip ETF
The ongoing trade spat between the U.S. and China, the world's two largest economies, has hit an array of sectors and the related exchange traded funds. Semiconductor stocks are near the top of that ominous list. As the White House threatened to levy additional tariffs on Chinese goods and momentum stocks fell out of favor in October, semiconductor stocks were hammered.
- ETF Trends•last month
Are Bears Ready to Wrestle Semiconductors from Bulls?
The Direxion Daily Semiconductor Bull 3X ETF (SOXL) has been riding high on the strength of the technology sector in the historic bull market run seen in U.S. equities, but is time for the bears to wrestle control from the bulls and thus, benefit the Direxion Daily Semiconductor Bear 3X ETF (SOXS) ? Last week's stock sell-off hit the technology sector and in turn, hurt semiconductors as well with the iShares PHLX Semiconductor ETF (SOXX) following the demise of U.S. equities that saw a 1,300 point loss in the Dow Jones Industrial Average in two consecutive days. As such, SOXS overtook SOXL amid the rout in U.S. equities, but is this a sustainable run?
- ETF Trends•last month
Significant Upside for Leveraged Chip ETF Ahead?
In recent weeks, semiconductor stocks and the related ETFs have been enduring punishment. Some analysts believe the group has more downside. If accurate, that thesis could mean significant upside for the ...
- ETF Trends•2 months ago
Could This Be The Right Chip ETF Right Now?
Semiconductor stocks and ETFs faltered Thursday after Deutsche Bank lowered its 2019 earnings estimates for several names in the group, saying the industry could be heading for a big downturn. Deutsche ...
- ETF Trends•2 months ago
Best Buying Opportunities in Semiconductor Weakness
The 200-day moving average has been a support test for semiconductors and with the recent drawdown below that technical indicator, buying opportunities could be had for investors looking for leveraged plays like the like the Direxion Daily Semicondct Bull 3X ETF (SOXL) or the Direxion Daily Semicondct Bear 3X ETF (SOXS) . Given the performance run semiconductors have had in the last two years, analyst sentiment is beginning to sour with downgrades in big semiconductor names like Micron, Lam Research, Western Digital and Entegris. Last week, the iShares PHLX Semiconductor ETF (SOXX) posted record outflows of $393 million and more could come if U.S. President Donald Trump moves forward with additional tariffs on $267 billion of Chinese products, which would include computer parts like semiconductors. Based on data from the Peterson Institute for International Economics, the list of possible targets from the U.S. trade representative on the goods, include tariffs on more than $15 billion in computer parts and another $8 billion in computers themselves.
- Benzinga•2 months ago
A Chip ETF Bleeds Cash; Some Of It May Be Going Here
Semiconductor stocks are struggling in September, a fact reflected by the PHLX SOX Semiconductor Sector Index. That well-known benchmark of chip stocks is down 1.72 percent month-to-date as analysts and ...
- ETF Trends•2 months ago
Tariff Wars Could Present Opportunity for Semiconductor Investors
The iShares PHLX Semiconductor ETF (SOXX) posted record outflows of $393 million for the week ending September 7 and more could come if U.S. President Donald Trump moves forward with additional tariffs on $267 billion of Chinese products, which would include computer parts like semiconductors. As such, this could present an opportunity for semiconductor investors in leveraged plays like the Direxion Daily Semicondct Bull 3X ETF (SOXL) and the Direxion Daily Semicondct Bear 3X ETF (SOXS) . Based on data from the Peterson Institute for International Economics, the list of possible targets from the U.S. trade representative on the goods, include tariffs on more than $15 billion in computer parts and another $8 billion in computers themselves.
- Benzinga•6 months ago
Traders Flocking To A Rebounding Chip ETF
Semiconductor stocks and the related exchange traded funds (ETFs) endured their share of volatility late in the first quarter and to start the second quarter. For example, the PHLX Semiconductor Sector ...
- Zacks•8 months ago
The Zacks Analyst Blog Highlights: REW, TECS, FNGD, SSG and SOXS
The Zacks Analyst Blog Highlights: REW, TECS, FNGD, SSG and SOXS
- Zacks•8 months ago
Beat the Tech Blues With These Inverse ETFs
Investors could tap the bearish trend by considering a near-term short on the technology sector with these ETFs.
- InvestorPlace•10 months ago
Ride the Coming Bear Market with These Leveraged ETFs
For starters, you MUST have a diversified long-term portfolio with many forms of low-volatility, non-correlated investments like The Liberty Portfolio, my stock advisory newsletter. The Liberty Portfolio is specifically designed for all market periods, up or down, bull or bear. The simplest and most straightforward leveraged ETFs move on a bear stock market is the Direxion Daily S&P 500 Bear 3x ETF (NYSEARCA:SPXS).
- Benzinga•11 months ago
Chips On The Table: An Aggressive Semiconductor Idea
Semiconductor stocks are big reasons why the technology sector is performing so well this year. Just look at the PHLX SOX Semiconductor Sector Index. That widely followed gauge of semiconductor equities ...
- Benzinga•11 months ago
What Leveraged ETFs Are Saying About The Chip Trade
Technology stocks took a bit of a beating last week, especially semiconductor stocks. The Technology Select Sector Index (XLK) fell about 8 percent off its highs from Nov. 28, while the widely followed ...
- CNBC Videos•2 months ago
There's more pain ahead for Asia, top technician warns
Is more pain ahead for chips. Semis get smacked. With CNBC's Josh Lipton and Melissa Lee, and the Fast Money traders, Tim Seymour, Carter Worth, Dan Nathan and Guy Adami.
