Direxion Daily Semiconductor Bear 3X SharesSOXS
SOXS
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
137% more call options, than puts
Call options by funds: $134M | Put options by funds: $56.4M
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
13.71% less ownership
Funds ownership: 22.55% [Q2] → 8.84% (-13.71%) [Q3]
19% less funds holding
Funds holding: 37 [Q2] → 30 (-7) [Q3]
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
57% less capital invested
Capital invested by funds: $180M [Q2] → $76.8M (-$103M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for SOXS.
Financial journalist opinion
Positive
ETF Trends
2 days 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 month ago
Top Performing Leveraged/Inverse ETFs: 11/17/2024
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Positive
Zacks Investment Research
1 month ago
Best Leveraged or Inverse ETFs Midway in Q4
The appeal for leveraged and inverse-leveraged ETFs is on the rise amid uncertainty as these fetch outsized returns on quick market turns in a short span.
Neutral
ETF Trends
1 month ago
Top Performing Leveraged/Inverse ETFs: 11/03/2024
Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Positive
Zacks Investment Research
1 month ago
Best-Performing Leveraged ETFs of Last Week
Wall Street offered downbeat performance last week probably due to uncertainties related to the upcoming U.S. election, mixed tech earnings and downbeat jobs data.
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.
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.
Neutral
Zacks Investment Research
2 months ago
10 Most Heavily Traded ETFs of Q3
We have highlighted 10 ETFs that have seen higher average volumes in the third quarter and are thus the top 10 funds in terms of trading volume.
Positive
ETF Trends
2 months ago
AI & Data Centers Provide Fuel for Chip Stocks Rally
Semiconductor stocks continue to rally and will continue to do so as long as the artificial intelligence (AI) and data center themes stay hot. So far, it appears that trend could persist for some time.
Negative
Seeking Alpha
2 months ago
SOXS: Amortizing Fund That Should Be Avoided (Rating Upgrade)
Despite a 6% pullback in semiconductor stocks, the SOXS ETF has lost 6%, highlighting its ineffectiveness as a hedge due to volatility decay. SOXS ETF's reset of daily exposure leads to significant long-term losses, with a -70.9% CAGR over 10 years, making it an abysmal investment. Investors should consider put options on individual overvalued stocks or sector ETFs like SOXX for defined risk and reward, avoiding SOXS's open-ended decay.
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