Direxion Daily Semiconductor Bull 3X SharesSOXL
SOXL
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
206% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 17
63% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 19
11% more funds holding
Funds holding: 109 [Q2] → 121 (+12) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
0.85% less ownership
Funds ownership: 3.61% [Q2] → 2.75% (-0.85%) [Q3]
13% less call options, than puts
Call options by funds: $728M | Put options by funds: $840M
17% less capital invested
Capital invested by funds: $387M [Q2] → $323M (-$64.3M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for SOXL.
Financial journalist opinion
Based on 5 articles about SOXL published over the past 30 days
Positive
ETF Trends
1 day ago
Strong Q3 Revenues Confirm Semiconductor's Momentum
With the tailwinds blowing from artificial intelligence (AI), the semiconductor continues to witness expansive growth. This was further confirmed with a strong sales revenue showing in the third quarter.
Neutral
ETF Trends
1 week ago
New Direxion ETFs Focus On Palantir and Berkshire Hathaway
On Wednesday, Direxion expanded its fund lineup. They introduced two new pairs of single-stock Leveraged & Inverse ETFs.
Positive
Seeking Alpha
1 week ago
SOXL Is Down -55% Since I Suggested Alternatives; My Recommendation Doesn't Change
Leveraged ETFs are risky and unpredictable, and daily trading internals over the past 6 months have caused SOXL to return worse than it's target 3x factor to the underlying. Despite SOXL's impressive past gains, its recent 60% drop indicates impaired value that isn't likely to be recovered even if semiconductor stocks rebound. Alternatives to SOXL that I presented in mid-June have outperformed this leveraged ETF.
Negative
ETF Trends
2 weeks ago
Nvidia Could See Competition From Magnificent Seven Peer
Nvidia has been a prominent centerpiece when it comes to getting semiconductor exposure on the back of the artificial intelligence (AI) theme. But it could see competition from another Magnificent Seven peer: Amazon.
Positive
Seeking Alpha
2 weeks ago
SOXL: How I Generate Good Income From Triple Leveraged ETF
Leveraged ETFs like SOXL offer high volatility, making them suitable for DIY option monetization to generate income and capitalize on AI trends. SOXL's 30-Day IV of 70-80 and active options market provide opportunities for significant weekly and monthly yields through strategic call selling. DIY option income strategies, including selling PUTs and using protective PUTs, can enhance safety and establish capital buffers.
Neutral
Seeking Alpha
1 month ago
SOXL: Playing With Fire
The Direxion Daily Semiconductor Bull 3X Shares ETF is a 3x leveraged ETF that produced nearly a 400% return from late October 2023 through July 2024. SOXL shares are highly volatile, with shareholder value getting cut roughly in half since the July top. The semiconductors currently have a rough technical setup, high valuations, and insiders have been selling.
Positive
Invezz
2 months ago
SOXL ETF stock forecast ahead of Intel, AMD earnings
The Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) has been one of the best-performing funds in the past decade as demand for chips soared. The fund has jumped by more than 2,085% in the last decade and by 186% in the past five years.
Neutral
ETF Trends
2 months ago
Semiconductor ETFs: Not-So-Shocking Growth
Nvidia (NVDA) has been one of the most interesting stocks of the year. The company isn't new to disruptive technology and has been known for its innovations in computer graphics and gaming years before it became a household name.
Negative
Benzinga
2 months ago
Tech Sector Chaos Puts Spotlight On Direxion's 3X-Leveraged SOXL And Funds
An unintentional disclosure by semiconductor equipment specialist ASML Holding N.V. ASML penalized the broader technology sector, with the benchmark Nasdaq index losing 1% on Tuesday.
Positive
ETF Trends
2 months ago
5 ETFs to Use as Semiconductor Sales Continue to Grow
A persistent bullish trade this year has been the semiconductor industry with the S&P 500 Semiconductors Index up over 80% for the year. As semiconductor sales grow, this gives traders various options for bullishness, including 5 ETFs from Direxion.
Charts implemented using Lightweight Charts™