Direxion Daily Semiconductor Bear 3X Shares
SOXS

$24.37

4.51%

Market Cap: $745M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

259% more capital invested

Capital invested by funds: $49.8M [Q1] → $179M (+$129M) [Q2]

252% more call options, than puts

Call options by funds: $123M | Put options by funds: $34.9M

13% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 16

6% more funds holding

Funds holding: 35 [Q1] → 37 (+2) [Q2]

81% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 16

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

1045.65% less ownership

Funds ownership: 1068.02% [Q1] → 22.37% (-1045.65%) [Q2]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for SOXS.

See Analyst Rankings

Financial journalist opinion

Zacks Investment Research

Best Leveraged ETFs of Last Week

Wall Street was downbeat last week.

Best Leveraged ETFs of Last Week

Direxion's Ed Egilinsky Talks Small-Caps, Growth & More

Following market uncertainty in August, investors may feel compelled to reassess their portfolio allocations. With potential rate cuts from the Federal Reserve on the horizon, now may be a good time to diversify your portfolio and seek growth strategies.

Direxion's Ed Egilinsky Talks Small-Caps, Growth & More

Top Performing Leveraged/Inverse ETFs: 08/04/2024

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 08/04/2024

Zacks Investment Research

Inverse ETFs Spike as Nasdaq Enters Correction

The tech-heavy Nasdaq Composite Index entered correction territory (down 10% from its early July record high) after a softer-than-expected jobs data report spurred worries over a slowing U.S. economy.

Inverse ETFs Spike as Nasdaq Enters Correction

Semiconductors: Riding the AI Wave or Ready to Wipe Out?

Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.

Semiconductors: Riding the AI Wave or Ready to Wipe Out?

Q2 Earnings Season Looms Large in Hopes for Broader Stocks Rally

Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.

Q2 Earnings Season Looms Large in Hopes for Broader Stocks Rally

Top Performing Leveraged/Inverse ETFs: 07/21/2024

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 07/21/2024

Zacks Investment Research

5 Best Inverse/Leveraged ETFs of Last Week

Wall Street delivered mixed performance last week.

5 Best Inverse/Leveraged ETFs of Last Week

SOXS: Pullback Or Bubble? Doesn't Matter, Continue To Avoid This Amortizing Trap

The Direxion Daily Semiconductor Bear 3X Shares ETF provides -300% exposure to the daily return of the NYSE Semiconductor Index. Former President Trump's comments regarding Taiwan caused semiconductor stocks to plunge and the SOXS ETF to gain 21% on July 17th. Even if this is the bursting of the AI semiconductor bubble, traders should be wary of holding the SOXS for too long due to extreme volatility decay.

SOXS: Pullback Or Bubble? Doesn't Matter, Continue To Avoid This Amortizing Trap

Increased Spending Could Add More Fuel to the Hot AI Theme

Chief technology officers appear to share one thing in common when it comes to developing their IT budgets for the year — more artificial intelligence. This could add additional fuel to the already-hot AI theme and push AI-focused ETFs even higher.

Increased Spending Could Add More Fuel to the Hot AI Theme

See News Rankings