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Direxion Daily Semiconductor Bull 3x Shares (SOXL)

ETF · Currency in USD · Last updated Oct 1, 2022

SOXL is a passive ETF by Direxion tracking the investment results of the PHLX Semiconductor Index (300%). SOXL launched on Mar 11, 2010 and has a 0.99% expense ratio.

ETF Info

ISINUS25459W4583
CUSIP25459W458
IssuerDirexion
Inception DateMar 11, 2010
RegionDeveloped Markets (Broad)
CategoryLeveraged Equities, Leveraged
Leveraged3x
Expense Ratio0.99%
Index TrackedPHLX Semiconductor Index (300%)
ETF Home Pagewww.direxion.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Trading Data

Previous Close$11.40
Year Range$11.40 - $72.65
EMA (50)$15.94
EMA (200)$26.43
Average Volume$70.88M

SOXLShare Price Chart


Chart placeholderClick Calculate to get results

SOXLPerformance

The chart shows the growth of $10,000 invested in Direxion Daily Semiconductor Bull 3x Shares in Mar 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $143,761 for a total return of roughly 1,337.61%. All prices are adjusted for splits and dividends.


-80.00%-60.00%-40.00%-20.00%0.00%MayJuneJulyAugustSeptember
-76.55%
-21.76%
SOXL (Direxion Daily Semiconductor Bull 3x Shares)
Benchmark (^GSPC)

SOXLReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-38.57%-10.05%
6M-77.05%-20.85%
YTD-86.91%-24.77%
1Y-77.81%-17.75%
5Y3.35%7.32%
10Y35.85%9.53%

SOXLMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-34.45%-8.01%-5.42%-42.65%11.78%-47.24%51.37%-29.20%-36.69%
20217.40%15.90%-1.25%-3.43%5.09%14.85%-0.34%4.87%-13.99%19.01%35.72%5.19%
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%
201927.74%19.08%8.71%36.72%-43.63%40.10%16.19%-10.07%10.05%16.48%11.69%24.23%
201826.11%-2.87%-9.53%-20.23%35.52%-14.18%11.11%6.86%-7.71%-34.97%6.32%-21.77%
201712.27%8.08%13.03%-2.40%26.71%-15.86%14.32%7.38%15.20%28.37%-1.53%-5.27%
2016-23.38%3.17%27.65%-14.11%26.85%-5.30%34.73%14.59%11.81%-4.86%21.72%7.39%
2015-14.86%30.88%-9.44%-4.11%26.98%-24.13%-15.31%-17.29%-6.41%30.83%6.64%-6.86%
2014-4.29%21.10%12.39%-6.79%13.27%19.12%-13.71%20.74%-3.52%-2.79%22.17%-0.13%
201323.52%12.37%4.00%4.39%18.15%-2.00%5.78%-12.11%22.96%9.10%2.18%15.44%
201239.90%11.21%8.99%-17.51%-29.73%10.51%-2.01%10.17%-11.45%-12.00%5.56%7.39%
201120.76%11.53%-14.69%7.07%-6.91%-20.00%-17.41%-27.57%-16.03%42.89%-13.36%-8.87%
20107.19%5.53%-19.31%-21.76%13.45%-32.69%44.24%20.34%14.30%16.62%

SOXLSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Direxion Daily Semiconductor Bull 3x Shares Sharpe ratio is -0.65. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.00MayJuneJulyAugustSeptember
-0.65
-0.77
SOXL (Direxion Daily Semiconductor Bull 3x Shares)
Benchmark (^GSPC)

SOXLDividend History

Direxion Daily Semiconductor Bull 3x Shares granted a 0.90% dividend yield in the last twelve months. The annual payout for that period amounted to $0.08 per share.


PeriodTTM202120202019201820172016201520142013201220112010
Dividend$0.08$0.03$0.02$0.07$0.07$0.01$0.18$0.00$0.00$0.00$0.00$0.00$0.00

Dividend yield

0.90%0.04%0.05%0.38%1.32%0.09%4.95%0.00%0.00%0.00%0.00%0.00%0.01%

SOXLDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2022FebruaryMarchAprilMayJuneJulyAugustSeptember
-87.80%
-25.25%
SOXL (Direxion Daily Semiconductor Bull 3x Shares)
Benchmark (^GSPC)

SOXLWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion Daily Semiconductor Bull 3x Shares. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Direxion Daily Semiconductor Bull 3x Shares is 87.80%, recorded on Sep 30, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-87.8%Dec 28, 2021192Sep 30, 2022
-80.38%Feb 20, 202022Mar 20, 2020160Nov 5, 2020182
-72.6%Feb 18, 2011157Oct 3, 2011594Feb 13, 2014751
-66.51%Mar 13, 2018199Dec 24, 201882Apr 24, 2019281
-62.93%Jun 2, 2015177Feb 11, 2016132Aug 19, 2016309
-60.55%Apr 27, 201089Aug 31, 201090Jan 7, 2011179
-47.16%Apr 25, 201926May 31, 201937Jul 24, 201963
-43.29%Sep 19, 201417Oct 13, 201430Nov 24, 201447
-40.92%Feb 17, 202114Mar 8, 2021104Aug 4, 2021118
-34.75%Jan 24, 201812Feb 8, 201820Mar 9, 201832

SOXLVolatility Chart

Current Direxion Daily Semiconductor Bull 3x Shares volatility is 68.13%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%50.00%100.00%150.00%200.00%MayJuneJulyAugustSeptember
68.13%
19.40%
SOXL (Direxion Daily Semiconductor Bull 3x Shares)
Benchmark (^GSPC)

SOXLAlternatives


SymbolInceptionExpense RatioYTD Ret.10Y Ann. Ret.Div. Yield
SOXXJul 10, 20010.46%-40.71%21.48%1.36%Compare SOXL and SOXX
TECLDec 17, 20081.08%-75.09%31.05%1.30%Compare SOXL and TECL
TQQQFeb 9, 20100.95%-76.77%31.50%0.00%Compare SOXL and TQQQ