What is the difference between soxx and SOXL?

Furthermore, ADV in the 11th and 12th row, which stands for Average Daily Volume , can help investors avoid illiquid ETFs.

Overview.

SOXL SOXX
Index ICE Semiconductor Index (300%) ICE Semiconductor Sector Index
Index Description View Index View Index
Expense Ratio 0.90% 0.43%

Similarly What is soxs? SOXS Fund Description

SOXS provides daily 3x leveraged inverse exposure to a modified market-cap-weighted index of 30 US-listed semiconductor companies.

Is SOXL a good ETF? SOXL is rated a 5 out of 5.

Additionally, Is SOXL a good long term investment?

Like any other leveraged ETFs, SOXL is not suitable to own in the long-term. There are several reasons. First, it has a much higher expense ratio of 0.96% than regular ETF that tracks the PHLX. Other ETFs such as iShares PHLX SOX Semiconductor Sector Index ETF (SOXX) has a much lower ratio of 0.46%.

What is soxs stock?

SOXS – Direxion Daily Semiconductor Bear 3X Shares

Previous Close 52.77
Day’s Range 48.16 – 53.39
52 Week Range 31.20 – 120.80
Volume 6,489,403
Avg. Volume 7,622,398

Is soxx a leveraged ETF? iShares PHLX Semiconductor ETF (SOXX)

Its 12% first quarter return easily beat the broader market, but put it squarely in the middle of performance among non-leveraged ETFs. SOXX would be your choice if you wanted pure exposure to semiconductors without the bells and whistles.

Will soxs go up? Tomorrow’s movement Prediction of Semiconductor Bear 3X Direxion SOXS as on 08 Apr 2022 appears strongly Bullish . This stock started moving upwards as soon as it opened.

Munafa value: 90 as on 08 Fri Apr 2022.

Upside target 50.97
Upside target 50.03
Downside target 48.36
Downside target 48.12
Downside target 47.42

What does SOXL track? The index is a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies. The fund is non-diversified.

What is SOXL holding?

Top 10 Holdings

Company Symbol Total Net Assets
Advanced Micro Devices Inc. AMD 6.61%
Qualcomm Inc. QCOM 6.14%
NVIDIA Corp. NVDA 4.81%
Intel Corp. INTC 4.48%

How does soxs ETF work? SOXL SOXS. The Direxion Daily Semiconductor Bull (SOXL) and Bear (SOXS) 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the ICE Semiconductor Index. There is no guarantee the funds will meet their stated investment objectives.

Does SOXL have decay?

But, because of leverage decay, SOXL is expected to lose around 8% of its value per year regardless of semiconductor stocks’ performance (i.e not expecting the underlying chip stocks to rise or fall).

What is the best performing semiconductor ETF? 5 Top-Performing Semiconductor ETFs

  • Prices and Benchmark.
  • 5 Top Semiconductor ETFs.
  • iShares Semiconductor ETF.
  • VanEck Vectors Semiconductor ETF.
  • Invesco Dynamic Semiconductors ETF.
  • First Trust Nasdaq Semiconductor ETF.
  • SPDR S&P Semiconductor ETF.
  • Bottom Line.

Did soxs do a reverse split?

18, 2022 /PRNewswire/ — Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (Ticker: DRIP) and the Direxion Daily Semiconductor Bear 3X Shares (Ticker: SOXS) (each, a « Fund » and collectively, the « Funds »).

How do I trade in Soxl stock?

What is Soxl ETF? The Direxion Daily Semiconductor Bull (SOXL) and Bear (SOXS) 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the ICE Semiconductor Index. There is no guarantee the funds will meet their stated investment objectives. SOXL.

What are the components of Soxl? Top 10 Holdings (87.48% of Total Assets)

Name Symbol % Assets
NVIDIA Corp NVDA 7.05%
Qualcomm Inc QCOM 6.08%
Texas Instruments Inc TXN 5.80%
Broadcom Inc AVGO 5.78%

What stocks make up the Sox?

As of June 2021, the SOX was composed of the following securities:3.

SOX Components.

SOX Index Components (June 2021)
Company Name Security Symbol
QUALCOMM INC QCOM
QORVO, INC. CMN QRVO
SILICON LABS INC SLAB

What kind of ETF is SOXL? SOXL SOXS. The Direxion Daily Semiconductor Bull (SOXL) and Bear (SOXS) 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the ICE Semiconductor Index.

Does SOXL pay dividends?

SOXL Dividend Information

SOXL has a dividend yield of 0.08% and paid $0.02 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Mar 22, 2022.

Is SOXL Nasdaq? Direxion Daily Semiconductor Bull 3x Shares (SOXL) Option Chain | Nasdaq.

What does soxs follow?

The SOX is a modified market capitalization-weighted index listed on the Philadelphia Stock Exchange in cooperation with Nasdaq Inc.

What stocks make up soxs? Top 4 Holdings

Company Symbol Total Net Assets
Dreyfus Government Cash Management Institutional Shs DGCXX 50.26%
Dreyfus Treasury Securities Cash Management Institutional Shares DIRXX 37.51%
Financial Square Treasury Instruments Fund FST Shares FTIXX 14.12%
Financial Square Government Fund FST Shares FGTXX 13.38%

Can you buy and hold SOXL? SOXL 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.”

What is soxx ETF?

The iShares Semiconductor ETF seeks to track the investment results of an index composed of U.S.-listed equities in the semiconductor sector.

 

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