SOXS - Direxion Daily Semiconductor Bear 3X Shares
| Previous Close | 6.95 |
| Open | 6.51 |
| Bid | 6.48 x 34100 |
| Ask | 6.49 x 21500 |
| Day's Range | 6.39 - 6.68 |
| 52 Week Range | 4.26 - 17.18 |
| Volume | 10,893,257 |
| Avg. Volume | 8,407,324 |
| Net Assets | 169.8M |
| NAV | 6.96 |
| PE Ratio (TTM) | N/A |
| Yield | 2.22% |
| YTD Return | -55.36% |
| Beta (3Y Monthly) | -3.48 |
| Expense Ratio (net) | 1.08% |
| Inception Date | 2010-03-11 |
- CNBC Videos•8 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.
- ETF Trends•6 days ago
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•7 days ago
The Zacks Analyst Blog Highlights: YANG, SOXS, FNGD, EDZ and TECS
The Zacks Analyst Blog Highlights: YANG, SOXS, FNGD, EDZ and TECS
- Zacks•8 days ago
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•15 days ago
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•28 days ago
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•2 months ago
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•4 months ago
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•4 months ago
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•4 months ago
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•4 months ago
Heading Into Earnings Season with 3 Weeks of Gains
Heading Into Earnings Season with 3 Weeks of Gains
- ETF Trends•5 months ago
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•5 months ago
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) .
- Zacks•5 months ago
Sharp Friday Selloff Pulls Week Into the Red
Sharp Friday Selloff Pulls Week Into the Red
- ETF Trends•6 months 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•6 months 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 months 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•7 months ago
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•7 months ago
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•7 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•8 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•8 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•8 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.
