SOXL
Direxion Daily Semiconductor Bull 3x Shares
SOXL provides 3x daily exposure to a modified market-cap-weighted index of companies primarily involved in the design, distribution, manufacture and sale of semiconductors.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
14.6 B
ASSETS UNDER MGMT
94 bp
EXPENSES
Fund Basics
| Fund sponsor | Rafferty Asset Management |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Mar 11, 2010 |
| Assets (mns) | $12,817 |
| Expense ratio | 94 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Derivatives-based | Yes |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 07/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -8.5% | -43.7% | -6.2% | 8.0% | 10.6% | 30.3% | -- | 26.6% |
| Dividend Yield | 0.3% | 0.4% | 0.7% | 0.9% | 0.6% | 1.2% | -- | 0.8% |
| Total Returns | -8.2% | -43.3% | -5.5% | 8.9% | 11.2% | 31.5% | -- | 27.4% | Ann. Volatility | 134.1% | 124.1% | 107.4% | 106.9% | 105.3% | 96.4% | -- | 88.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 4.67 | 56% |
| MSCI EAFE | 3.43 | 34% |
| MSCI Emg Mkts | 3.17 | 31% |
Liquidity Measures
| Avg. volume (000) | 96,246 |
| ADV traded (mns) | $2,832 |
| Turnover | 19.3% |
| Avg. Bid/Ask (% of price) | 0.05% |
Technical Indicators
| Recent close | $29.42 |
| 30d moving avg. | $26.04 |
| Annualized volatility | 95.6% |
| Relative strength (RSI) | 56 |
| Short interest | 3.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| SOXL (94 bp) Percentile rank | 93 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| SOXL | 94.0 | 5.0 | 99 |
| Peer Avg. | 48.9 | 19.6 | 68.5 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .