Direxion Daily Semiconductor Bull 3X ETF (SOXL)
Direxion Daily Semiconductor Bull 3X ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $142.16, up 6.89% on the session, giving a market capitalisation of $39.34B. Its beta of 7.64 implies it has historically moved more than the broad market.
The Direxion Daily Semiconductor Bull and Bear 3X Exchange-Traded Funds (ETFs) are engineered to deliver daily investment outcomes that are triple (300%) the movement of the NYSE Semiconductor Index, or triple the inverse (opposite) of its performance, prior to the deduction of fees and expenses. It is important to note that these funds offer no guarantee of successfully reaching their stated investment targets.
Direxion Daily Semiconductor Bull 3X ETF is most often compared with the following Financial Services names: