Direxion Daily Semiconductor Etf Profile

SOXS Etf  USD 24.91  0.84  3.49%   

Performance

Modest

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
Direxion Daily is selling for under 24.91 as of the 24th of March 2025; that is 3.49 percent up since the beginning of the trading day. The etf's lowest day price was 24.66. Direxion Daily has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. The performance scores are derived for the period starting the 24th of December 2024 and ending today, the 24th of March 2025. Click here to learn more.
The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80 percent of the funds net assets . Semiconductor Bear is traded on NYSEARCA Exchange in the United States.. More on Direxion Daily Semiconductor

Moving together with Direxion Etf

  0.86SH ProShares Short SP500PairCorr
  0.74PSQ ProShares Short QQQPairCorr
  0.74SPXU ProShares UltraPro ShortPairCorr
  0.74SDS ProShares UltraShortPairCorr
  0.87SPXS Direxion Daily SPPairCorr
  0.74QID ProShares UltraShort QQQPairCorr

Moving against Direxion Etf

  0.87VTI Vanguard Total StockPairCorr
  0.86SPY SPDR SP 500PairCorr
  0.86IVV iShares Core SPPairCorr
  0.86VUG Vanguard Growth IndexPairCorr
  0.85VB Vanguard Small CapPairCorr
  0.81VO Vanguard Mid CapPairCorr

Direxion Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationInformation Technology ETFs, Sector ETFs, Trading--Inverse Equity, Direxion Funds (View all Sectors)
IssuerDirexion
Inception Date2010-03-09
BenchmarkICE Semiconductor Index
Entity TypeRegulated Investment Company
Asset Under Management483.69 Million
Average Trading Valume46.57 Million
Asset TypeEquity
CategorySector
FocusInformation Technology
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorRafferty Asset Management, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Portfolio ManagerPaul Brigandi, Tony Ng
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Jun
ExchangeNYSE Arca, Inc.
Number of Constituents21.0
Market MakerVirtu Financial
Total Expense1.03
Management Fee0.75
Country NameUSA
Returns Y T D10.86
NameDirexion Daily Semiconductor Bear 3X Shares
Currency CodeUSD
Open FigiBBG000QFMLC3
In Threey Volatility94.66
1y Volatility42.9
200 Day M A22.5031
50 Day M A21.5726
CodeSOXS
Updated At24th of March 2025
Currency NameUS Dollar
Direxion Daily Semiconductor [SOXS] is traded in USA and was established 2010-03-11. The fund is listed under Trading--Inverse Equity category and is part of Direxion Funds family. The entity is thematically classified as Information Technology ETFs. Direxion Daily Semic at this time have 605.97 M in assets. , while the total return for the last 3 years was -58.6%.
Check Direxion Daily Probability Of Bankruptcy

Direxion Daily Semic Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Direxion Daily. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Direxion Daily Against Markets

When determining whether Direxion Daily Semic is a strong investment it is important to analyze Direxion Daily's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Direxion Daily's future performance. For an informed investment choice regarding Direxion Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Direxion Daily Semiconductor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of Direxion Daily Semic is measured differently than its book value, which is the value of Direxion that is recorded on the company's balance sheet. Investors also form their own opinion of Direxion Daily's value that differs from its market value or its book value, called intrinsic value, which is Direxion Daily's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Direxion Daily's market value can be influenced by many factors that don't directly affect Direxion Daily's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Direxion Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Daily's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.