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SOXS

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    7.4838$
  • Previous Close
    7.4316$
  • 52 Week Change
    --
  • Day Range
    0.05$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

SOXS.US represents the Direxion Daily Semiconductor Bear 3x Shares ETF. This ETF is designed to provide three times the inverse (opposite) of the daily performance of the ICE Semiconductor Index. The index tracks the performance of 30 of the largest U.S. listed semiconductor companies. As a leveraged and inverse ETF, SOXS is intended for short-term trading and is not suitable for long-term investment due to the effects of compounding. Investors use SOXS to potentially profit from, or hedge against, a decline in the semiconductor industry.
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Factors

Semiconductor Performance: SOXS is a leveraged ETF tracking semiconductor indexes. Weakness in major semiconductor companies (e.g., NVDA, AMD) will likely drag SOXS down.

Market Sentiment: Broad market risk aversion, particularly towards tech, will negatively affect SOXS due to its leveraged nature.

Interest Rates: Rising interest rates can hurt growth stocks, including semiconductor companies, thus impacting SOXS negatively.

Economic Data: Poor economic data (e.g., recession indicators) can lower demand expectations for semiconductors, hurting SOXS.

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