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Beacon

SOXLDirexion Daily Semiconductor Bull 3X Shares

Take a bet16y track recordRanked #11 of 775 in this goal

Seeks daily investment results of 300% of the daily performance of the semiconductor index.

By Direxion Funds · Launched 2010

Annual Cost

0.75%

#3,765 of 5,562 · expensive

Fund Size

$26.0B

#121 of 5,562 · large

Return (1Y)Goal

+971.5%

Track Record

16 years

#760 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$94,005+840.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Sector

Information technology

Index tracked

ICE Semiconductor Index

What it actually holds

By weight

Concentration

Top 10 holdings = 83.6% of fundconcentrated

N/A
14.1%
DREYFUS
12.8%
N/A
10.9%
N/A
10.2%
DREYFUS GOVERNMENT CASH MANAGE
7.7%
Advanced Micro Devices Inc.
6.9%
N/A
5.5%
Broadcom Inc
5.4%
NVIDIA Corp.
5.1%
N/A
5.0%

Asset allocation

Stocks
114.5%

By sector

Technology
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
112.7%High

Year-on-year price swings

Max drawdown
-90.5%Severe

Worst peak-to-trough loss

Sharpe (3Y)
1.21Strong risk-adjusted returns
Sortino (3Y)
1.78Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 300% of the daily performance of the semiconductor index.
Strategy
Invests primarily in financial instruments providing 3x daily leveraged exposure to the index of the largest U.S. semiconductor companies. Uses swap agreements and futures to achieve its investment objective, with a focus on maintaining high exposure to the index through daily rebalancing.
Inception date
March 11, 2010
Fund family
Direxion Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Why we flagged this: strategy=leveraged + leveraged_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19