Direxion Daily Semiconductor Bear 3x Shares (SOXS)
SOXS, also known as the Direxion Daily Semiconductor Bear 3X ETF, is a passive ETF that aims to provide investors with leveraged exposure to the inverse performance of the PHLX Semiconductor Index. The PHLX Semiconductor Index is a modified market capitalization-weighted index that comprises U.S.-listed companies that are primarily involved in the design, distribution, manufacture, and sale of semiconductors and related devices. The index is designed to provide a broad measure of the performance of companies in the semiconductor industry.
The ETF aims to provide investors with a leveraged way to gain exposure to the inverse performance of the PHLX Semiconductor Index, which can be helpful for investors who believe that the semiconductor industry is going to underperform and are looking to profit from this potential downturn. However, it's important to note that leveraged ETFs come with increased risks, and it's crucial to understand the potential impact of leverage before investing.
SOXS launched on March 11, 2010, and has a 1.08% expense ratio.
ETF Info
US25460E1828
25460E182
Mar 11, 2010
North America (U.S.)
3x
PHLX Semiconductor Index (-300%)
Large-Cap
Growth
Expense Ratio
SOXS has a high expense ratio of 1.08%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion Daily Semiconductor Bear 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 Bear 3x Shares had a return of -59.17% year-to-date (YTD) and -60.69% in the last 12 months. Over the past 10 years, Direxion Daily Semiconductor Bear 3x Shares had an annualized return of -65.71%, while the S&P 500 had an annualized return of 11.01%, indicating that Direxion Daily Semiconductor Bear 3x Shares did not perform as well as the benchmark.
SOXS
-59.17%
-4.65%
18.40%
-60.69%
-75.01%
-65.71%
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
Monthly Returns
The table below presents the monthly returns of SOXS, 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 | -8.08% | -28.97% | -14.54% | 13.93% | -24.69% | -16.69% | 3.22% | -5.72% | -7.28% | 13.98% | 2.47% | -59.17% | |
| 2023 | -39.08% | -8.85% | -25.04% | 25.43% | -40.01% | -18.49% | -16.41% | 11.64% | 23.41% | 21.07% | -37.68% | -30.39% | -84.56% |
| 2022 | 31.87% | -5.32% | -12.32% | 50.19% | -27.65% | 62.56% | -40.90% | 23.11% | 47.02% | -16.03% | -49.47% | 31.92% | 15.76% |
| 2021 | -13.77% | -22.88% | -18.11% | -2.56% | -11.66% | -15.93% | -3.54% | -7.62% | 12.38% | -18.79% | -31.48% | -13.20% | -80.94% |
| 2020 | 6.78% | 7.82% | -28.33% | -46.17% | -24.71% | -24.43% | -21.62% | -17.77% | -4.71% | -4.74% | -43.32% | -15.26% | -92.90% |
| 2019 | -30.93% | -17.67% | -12.18% | -28.92% | 64.67% | -33.02% | -17.49% | 1.79% | -12.17% | -18.79% | -12.27% | -21.30% | -83.81% |
| 2018 | -24.12% | -6.31% | 2.94% | 16.42% | -28.13% | 13.48% | -12.50% | -7.99% | 5.98% | 36.86% | -13.58% | 14.98% | -19.39% |
| 2017 | -12.80% | -8.94% | -12.85% | 0.54% | -24.03% | 13.34% | -14.46% | -9.78% | -15.25% | -23.11% | -1.91% | 3.58% | -69.39% |
| 2016 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -6.91% | -13.69% | 3.29% | -20.95% | -11.28% | -41.79% |
| 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% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2013 | 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% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SOXS is 3, meaning it’s performing worse than 97% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion Daily Semiconductor Bear 3x Shares (SOXS) 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 Bear 3x Shares provided a 7.05% dividend yield over the last twelve months, with an annual payout of $1.62 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $1.62 | $5.36 | $0.74 | $0.00 | $63.60 | $586.80 | $1,200.00 |
Dividend yield | 7.05% | 9.21% | 0.19% | 0.00% | 3.55% | 2.32% | 0.76% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily Semiconductor Bear 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 | $0.41 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.00 | $0.92 |
| 2023 | $0.00 | $0.00 | $1.88 | $0.00 | $0.00 | $1.19 | $0.00 | $0.00 | $1.59 | $0.00 | $0.00 | $0.70 | $5.36 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $0.74 |
| 2021 | $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 |
| 2020 | $0.00 | $0.00 | $63.60 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $63.60 |
| 2019 | $0.00 | $0.00 | $204.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $306.00 | $0.00 | $0.00 | $76.80 | $586.80 |
| 2018 | $156.00 | $0.00 | $0.00 | $96.00 | $0.00 | $0.00 | $240.00 | $0.00 | $0.00 | $708.00 | $1,200.00 |
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 Bear 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 Bear 3x Shares was 100.00%, occurring on Jul 10, 2024. The portfolio has not yet recovered.
The current Direxion Daily Semiconductor Bear 3x Shares drawdown is 100.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -100% | Sep 14, 2016 | 1967 | Jul 10, 2024 | — | — | — |
| -9.18% | Aug 15, 2016 | 14 | Sep 1, 2016 | 5 | Sep 9, 2016 | 19 |
| -1.67% | Sep 12, 2016 | 1 | Sep 12, 2016 | 1 | Sep 13, 2016 | 2 |
Volatility
Volatility Chart
The current Direxion Daily Semiconductor Bear 3x Shares volatility is 24.34%, 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.