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
20.2 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) | $16,551 |
| 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 06/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -8.1% | -54.6% | 0.6% | 24.2% | 14.9% | 28.2% | -- | 26.8% |
| Dividend Yield | 0.3% | 0.4% | 0.8% | 1.0% | 0.6% | 1.2% | -- | 0.8% |
| Total Returns | -7.8% | -54.3% | 1.3% | 25.3% | 15.5% | 29.4% | -- | 27.6% | Ann. Volatility | 143.9% | 130.0% | 108.1% | 108.2% | 105.5% | 96.4% | -- | 88.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 4.62 | 59% |
| MSCI EAFE | 3.45 | 35% |
| MSCI Emg Mkts | 3.25 | 33% |
Liquidity Measures
| Avg. volume (000) | 130,540 |
| ADV traded (mns) | $3,278 |
| Turnover | 16.3% |
| Avg. Bid/Ask (% of price) | 0.05% |
Technical Indicators
| Recent close | $25.11 |
| 30d moving avg. | $19.82 |
| Annualized volatility | 96.3% |
| Relative strength (RSI) | 63 |
| Short interest | 3.3% |
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. | 49.0 | 20.0 | 69.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .