About Direxion Daily Semiconductor Bear 3X Shares (SOXS)

Direxion Daily Semiconductor Bear 3X Shares (SOXS) is an exchange-traded fund (ETF) that seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) performance of the PHLX Semiconductor Sector Index. The index is composed of companies primarily involved in the design, distribution, manufacture, and sale of semiconductors. SOXS is designed for short-term traders who seek to take advantage of declining prices in the semiconductor industry.

The price history of SOXS shows its sensitivity to the performance of the semiconductor sector. As a 3X leveraged ETF, SOXS amplifies the daily moves of the index it tracks. It is important to note that due to the compounding effect, SOXS may not achieve its stated objective over periods longer than one day. Investors should closely monitor the fund and consider their investment horizon and risk tolerance before investing in SOXS.