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ETFs

Direxion Daily Semiconductor Bull 3X Shares

SOXL
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Mar 11, 2010
Expense Ratio
0.89%
Type
US Equities
Fund Owner
Direxion Shares
Volume (1m avg. daily)
$1,215,048,605
AUM
$5,780,469,866
Associated Index
ICE Semiconductor Index
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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DREYFUS TRSRY SECURITIES CASH MGMT
4.54%
—
DREYFUS GOVT CASH MAN INS
2.25%
AMD
Advanced Micro Devices Inc.
1.97%
AVGO
Broadcom Inc
1.95%
NVDA
NVIDIA Corp
1.82%
INTC
Intel Corp.
1.64%
TXN
Texas Instruments Inc.
1.61%
MU
Micron Technology Inc.
1.07%
ADI
Analog Devices Inc.
1.05%
NXPI
NXP Semiconductors NV
1.04%
Invest with SOXL
Trade SOXL Options

What is SOXL?

The Direxion Daily Semiconductor Bull 3x ETF seeks daily investment results before fees and expenses of 300% of the price performance of the ICE Semiconductor Index. There is no guarantee the fund will meet its stated investment objective.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

SOXL
Performance Measures**

for the time period Mar 11, 2010 to Dec 5, 2025

Returns

1M Trailing Return: -0.7%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 75.9%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -90.5%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 88.4%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.76

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.35

The annualized return divided by the max drawdown for the selected time period.

ETFs related toSOXL

ETFs correlated to SOXL include SOXX, SOXQ, SMH

SOXL
Direxion Shares ETF Trust - Direxion Daily Semiconductor Bull 3X Shares
SOXX
BlackRock Institutional Trust Company N.A. - iShares Semiconductor ETF
SOXQ
Invesco Exchange-Traded Fund Trust II - Invesco PHLX Semiconductor ETF
SMH
VanEck ETF Trust - VanEck Semiconductor ETF
PSI
Invesco Capital Management LLC - Invesco Semiconductors ETF
FTXL
First Trust Exchange-Traded Fund III - First Trust Nasdaq Semiconductor ETF
USD
ProShares Trust - ProShares Ultra Semiconductors 2X Shares
XSD
SPDR Series Trust - SPDR Semiconductors ETF
QTUM
ETF Series Solutions Trust - Defiance Quantum ETF
QTEC
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Technology Sector Index Fund
RSPT
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Technology ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toSOXL

T2 (MAG7 2x) KMLM switcher (729.4% RR, 16.1% MD, 58.4% SD 2022 BT)

Category

Tactical rotation, leveraged ETFs, momentum/RSI, oversold bounces, volatility hedge (VIXY), tech vs managed futures (KMLM), risk-on/risk-off

OOS Cumulative Return

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a T1 SVXY 4TLT (255.1% RR, 46.1% MD, 66.1% SD, 2012 BT) -2.10 Sharpe

Category

Volatility trading, leveraged ETFs, tactical rotation, daily rebalancing, momentum/mean-reversion, high risk

OOS Cumulative Return

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Create your own algorithmic trading strategy with SOXL using Composer

FAQ

SOXL is a US Equities ETF. The Direxion Daily Semiconductor Bull 3x ETF seeks daily investment results before fees and expenses of 300% of the price performance of the ICE Semiconductor Index. There is no guarantee the fund will meet its stated investment objective.

SOXL tracks the ICE Semiconductor Index.

No, SOXL is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SOXL is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SOXL is -0.1058%. This is the percent change in the value of SOXL over the most recent 1-month period. The 3-month return on SOXL is -0.1738%. This is the percent change in the value of SOXL over the most recent 3-month period.

The standard deviation of SOXL for the past year is 1.0088%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SOXL include SSO, TNA, and SPXL.

ETFs correlated to SOXL include SOXX, SOXQ, and SMH.

ETFs that are inversely correlated to SOXL include SOXS, TECS, and BERZ.

Yes, SOXL is a Leveraged (3x) ETF: This means that SOXL will try to match the performance of ICE Semiconductor Index, but with 3x the returns.

No, SOXL is not an inverse ETF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.