Direxion Daily Semiconductor Bear 3X Shares ETF

$40.24 0.00% ($0.00)

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About Direxion Daily Semiconductor Bear 3X Shares ETF

This ETF offers 3x daily short leverage to the PHLX Semiconductor Index, making it a powerful tool for investors with a bearish short-term outlook for semiconductor equities. Investors should note that SOXS's leverage resets on a daily basis, which results in compounding of returns when held for multiple periods. SOXS can be a powerful tool for sophisticated investors, but should be avoided by those with a low risk tolerance or a buy-and-hold strategy.

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