SOXS - Direxion Daily Semiconductor Bear 3X Shares
| Previous Close | 36.00 |
| Open | 35.67 |
| Bid | 38.11 x 1100 |
| Ask | 37.96 x 1100 |
| Day's Range | 35.67 - 38.43 |
| 52 Week Range | 33.82 - 171.80 |
| Volume | 1,930,391 |
| Avg. Volume | 1,720,879 |
| Net Assets | 178.78M |
| NAV | 37.90 |
| PE Ratio (TTM) | N/A |
| Yield | 2.21% |
| YTD Return | -71.13% |
| Beta (3Y Monthly) | -4.28 |
| Expense Ratio (net) | 1.08% |
| Inception Date | 2010-03-11 |
- ETF Trends
China Will Have a Profound Impact on Semiconductors
When it comes to traders looking leveraged exchange-traded fund (ETF) opportunities, the semiconductor sector is one in which China will have a profound impact. "It is really important to look at where China is in the overall value chain," said Jimmy Goodrich, vice-president of global policy at the Semiconductor Industry Association, a US trade group representing some of the biggest names in the industry from Intel to Broadcom. It is really important to look at where China is in the overall value chain," he added.
- Zacks
Markets Bleeding: Go Short With These ETFs
The myriad woes have resulted in huge demand for inverse or leveraged inverse ETFs for investors seeking to make big gains in a short span.
- Zacks
Short Semiconductor Stocks With These Two ETFs
With escalation in trade war between the world's largest economies, the semiconductor sector has been the worst hit given its significant exposure to China.
- Benzinga
These Leveraged ETFs May Tell You All You Need to Know About The Trade War
The technology sector once again finds itself at the center of US/China trade tensions. The PHLX Semiconductor Sector Index (XSOX) is lower by nearly 11% over the past week, including a 4.32% decline on Monday. The World Semiconductor Trade Statistics group recently forecast a 12% decline in chip sales, which only be partially offset by a 5% increase next year.
- ETF Trends
Semiconductor ETFs in Play After AMD Reports Decline in Revenue
The semiconductor industry industry is in play after chipmaker AMD reported its second-quarter earnings results on Thursday. While the company was able to be on par with analyst estimates for earnings per share and beat revenue expectations, revenue was actually down 13 percent compared to the same quarter last year. For the bears, this could put the Direxion Daily Semiconductor Bear 3X ETF (SOXS) in play.
- ETF Trends
Semiconductor ETFs Slip as Traders Begin to Take a Longer Outlook
Semiconductor sector exchange traded funds popped after President Donald Trump said he could reverse the ban on telecom giant Huawei and renewed talks with China, but traders are now taking a harder look ...
- Benzinga
Some Traders Wager On A Rebound For Chip Stocks
Semiconductor stocks and the related exchange-traded funds have been front and center amid the US/China trade controversy. Month-to-date, chip stocks are rebounding with the PHLX Semiconductor Sector Index up 6.7% through June 12, though that trails the Nasdaq-100 Index by 50 basis points. The still-modest recovery in semiconductor stocks is proving to be enough to lure aggressive traders to the Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL).
- Zacks
5 Leveraged Inverse ETFs That Soared More Than 40% in May
We have highlighted five leveraged inverse ETFs that gained more than 40% in May though these involve a great deal of risk when compared to traditional products.
- PR Newswire
Direxion Announces Reverse Splits of Eight ETFs
NEW YORK , May 24, 2019 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Mid Cap Bear 3X Shares, Direxion Daily Small Cap ...
- ETF Trends
When the Chips Are Down, Look to Leveraged Semiconductor ETFs
Semiconductors have taken a 12 percent hit thus far in May after leading the rebound following 2018's fourth-quarter sell-off debacle. According to TradingAnalysis.com founder Todd Gordon, the chips might be down, but it's an opportune time to buy the dip. “The semis have led us on the way down,” said Gordon.
- ETF Trends
5 Leveraged 3X ETFs Thrived Last Week Amid Trade War Volatility
If the U.S.-China trade wars taught investors anything last week, it’s the notion that it’s profitable to be a bear. Gains were had for inverse exchange-traded funds (ETFs) of the leveraged variety. China ...
- Zacks
The Zacks Analyst Blog Highlights: YANG, SOXS, FNGD, EDZ and TECS
The Zacks Analyst Blog Highlights: YANG, SOXS, FNGD, EDZ and TECS
- Zacks
5 Inverse ETFs That Gained in Double Digits Last Week
The trade fight has raised the appeal for inverse leveraged ETFs as investors can seek higher returns in a short time span.
- Zacks
Trump Tariff Threats Resume: How to Profit With Inverse ETFs
After reaching a peak last week, Wall Street tumbles with the resurfacing of President Donald Trump's tariff threat. Investors seeking to capitalize the bearish market sentiments in a short span could consider any of the following inverse ETFs.
- ETF Trends
How to Prepare For a Possible Decline in Chip ETFs
Betting against semiconductor stocks and the related exchange traded funds (ETFs) has been a fool's errand this year. Up about 35% year-to-date, the widely followed PHLX Semiconductor Sector Index proves as much. If investors start taking profits in the group, that could open the door for traders to capitalize on semiconductor downside with the Direxion Daily Semiconductor Bear 3X ETF (SOXS) .
- Benzinga
Diverging Views On Semiconductor ETFs
Semiconductor stocks and related exchange-traded funds (ETFs) are among the star performers in the first quarter. The widely followed PHLX Semiconductor Index is higher by 22.11 percent and chip stocks ...
- ETF Trends
Semiconductor ETF Jumps on Weak Nvidia Revenue Guidance
It could be a bleak outlook for semiconductors as chipmaker Nvidia is forecasting a weaker revenue guidance, which could benefit the Direxion Daily Semiconductor Bear 3X ETF (SOXS) . Nvidia fell over 14 percent on Monday after it cut its fourth quarter revenue guidance to $2.2 billion from $2.7 billion. “Deteriorating macroeconomic conditions, particularly in China, impacted consumer demand for NVIDIA gaming GPUs,” the chipmaker said in a statement.
- ETF Trends
Intel Falters on Revenue, Inverse Semiconductor ETF Gains After Hours
Semiconductors are riding high on a positive spate of earnings reports, but Intel's miss on revenue and a weak guidance following the close of Thursday's session could prop up the Direxion Daily Semiconductor Bear 3X ETF (SOXS) . Conversely, this could spell bad news for the Direxion Daily Semiconductor Bull 3X ETF (SOXL), which soared 17 percent. Intel shares fell as much as 8 percent after the chipmaker reported lower-than-expected revenue for the fiscal fourth quarter.
- Benzinga
Ahead Of Earnings, Traders Embrace Bearish Chip ETF
Earnings season for the semiconductor industry does not start earnest until next week when over 34 percent of the members in the PHLX Semiconductor Sector Index (XSOX) report results. Ahead of that earnings ...
- Zacks
Heading Into Earnings Season with 3 Weeks of Gains
Heading Into Earnings Season with 3 Weeks of Gains
- ETF Trends
Buying the Chip Dip
The VanEck Vectors Semiconductor ETF (SMH) and iShares PHLX Semiconductor ETF (SOXX) , two of the most widely followed semiconductor exchange traded funds, are among the technology ETFs that ended 2018 in a downward spiral. Following a fourth-quarter loss of more than 15%, SOXX finished 2018 lower by more than 8% while SMH finished last year lower by 11.21% following a fourth-quarter loss of nearly 18%. There are some risks to consider with semiconductor stocks and ETFs.
- ETF Trends
A Bearish Semiconductor ETF Still Looks Good
The PHLX Semiconductor Sector Index (XSOX), one of the most widely followed gauges of semiconductor stocks, is faltering as highlighted by notable December and fourth-quarter declines. Some analysts see more downside to come for chip stocks. Among the exchange traded funds poised to benefit from more weakness in chip stocks is the Direxion Daily Semiconductor Bear 3X ETF (SOXS) .
