Direxion Daily Semiconductor Bull 3x Shares (SOXL)
The Direxion Daily Semiconductor Bull 3X ETF (SOXL) is a leveraged exchange-traded fund (ETF) that tracks the performance of the PHLX Semiconductor Index, which includes a diverse range of stocks from the semiconductor industry. SOXL is a leveraged ETF, meaning that the fund's returns are intended to be three times the daily performance of the underlying index.
SOXL was first introduced on March 11, 2010, with an annual expense ratio of 0.99%, which is relatively high compared to other ETFs and mutual funds. It is a high-risk, high-reward investment option for investors seeking to amplify their semiconductor sector exposure. But it is worth noting that SOXL may not be suitable for investors with a low-risk tolerance or a buy-and-hold investment strategy.
ETF Info
US25459W4583
25459W458
Mar 11, 2010
Developed Markets (Broad)
3x
PHLX Semiconductor Index (300%)
Large-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion Daily Semiconductor Bull 3x Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Direxion Daily Semiconductor Bull 3x Shares had a return of -13.13% year-to-date (YTD) and 19.70% in the last 12 months. Over the past 10 years, Direxion Daily Semiconductor Bull 3x Shares had an annualized return of 30.71%, outperforming the S&P 500 benchmark which had an annualized return of 11.13%.
SOXL
-13.13%
-22.68%
-44.81%
19.70%
14.56%
30.71%
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Monthly Returns
The table below presents the monthly returns of SOXL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.23% | 33.46% | 8.70% | -17.95% | 27.27% | 14.25% | -19.82% | -12.62% | -5.27% | -17.97% | -13.13% | ||
| 2023 | 50.15% | 0.90% | 25.10% | -22.24% | 48.63% | 17.58% | 14.42% | -16.02% | -20.78% | -21.04% | 53.09% | 37.97% | 226.98% |
| 2022 | -34.45% | -8.01% | -5.42% | -42.65% | 11.78% | -47.24% | 51.37% | -29.20% | -36.69% | 0.68% | 54.93% | -29.78% | -85.66% |
| 2021 | 7.40% | 15.90% | -1.25% | -3.43% | 5.09% | 14.85% | -0.34% | 4.87% | -13.99% | 19.01% | 35.72% | 5.19% | 118.84% |
| 2020 | -11.36% | -15.85% | -53.73% | 38.28% | 17.63% | 22.19% | 20.35% | 17.92% | -5.21% | -1.67% | 63.07% | 14.92% | 70.04% |
| 2019 | 27.74% | 19.08% | 8.71% | 36.73% | -43.63% | 40.10% | 16.19% | -10.07% | 10.05% | 16.48% | 11.69% | 24.23% | 231.82% |
| 2018 | 26.11% | -2.87% | -9.53% | -20.23% | 35.52% | -14.18% | 11.11% | 6.86% | -7.71% | -34.97% | 6.32% | -21.77% | -39.07% |
| 2017 | 12.27% | 8.08% | 13.03% | -2.40% | 26.71% | -15.86% | 14.32% | 7.38% | 15.20% | 28.37% | -1.53% | -5.27% | 141.70% |
| 2016 | -23.39% | 3.17% | 27.65% | -14.10% | 26.85% | -5.30% | 34.73% | 14.59% | 11.81% | -4.86% | 21.72% | 7.39% | 123.48% |
| 2015 | -14.86% | 30.88% | -9.44% | -4.11% | 26.97% | -24.13% | -15.31% | -17.29% | -6.40% | 30.83% | 6.64% | -6.85% | -20.57% |
| 2014 | -4.29% | 21.10% | 12.39% | -6.79% | 13.27% | 19.12% | -13.71% | 20.75% | -3.52% | -2.79% | 22.17% | -0.13% | 95.34% |
| 2013 | 23.54% | 12.37% | 3.99% | 4.37% | 18.17% | -2.01% | 5.78% | -12.11% | 22.97% | 9.10% | 2.17% | 15.44% | 156.64% |
Expense Ratio
SOXL has a high expense ratio of 0.99%, indicating higher-than-average management fees.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SOXL is 13, indicating that it is in the bottom 13% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion Daily Semiconductor Bull 3x Shares (SOXL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Direxion Daily Semiconductor Bull 3x Shares provided a 1.13% dividend yield over the last twelve months, with an annual payout of $0.31 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.16 | $0.10 | $0.03 | $0.01 | $0.07 | $0.07 | $0.01 | $0.18 | $0.00 | $0.00 |
Dividend yield | 1.13% | 0.51% | 1.08% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% | 0.00% | 0.00% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily Semiconductor Bull 3x Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.24 | |
| 2023 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.16 |
| 2022 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.10 |
| 2021 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.03 |
| 2020 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 |
| 2019 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.07 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.07 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $0.00 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily Semiconductor Bull 3x Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Direxion Daily Semiconductor Bull 3x Shares was 90.46%, occurring on Oct 14, 2022. The portfolio has not yet recovered.
The current Direxion Daily Semiconductor Bull 3x Shares drawdown is 62.06%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -90.46% | Dec 28, 2021 | 202 | Oct 14, 2022 | — | — | — |
| -80.38% | Feb 20, 2020 | 22 | Mar 20, 2020 | 160 | Nov 5, 2020 | 182 |
| -72.61% | Feb 18, 2011 | 157 | Oct 3, 2011 | 594 | Feb 13, 2014 | 751 |
| -66.51% | Mar 13, 2018 | 199 | Dec 24, 2018 | 82 | Apr 24, 2019 | 281 |
| -62.93% | Jun 2, 2015 | 177 | Feb 11, 2016 | 132 | Aug 19, 2016 | 309 |
Volatility
Volatility Chart
The current Direxion Daily Semiconductor Bull 3x Shares volatility is 26.83%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.