Name of ETF: Direxion Daily Semiconductor Bull 3X Shares

Benchmark Index: PHLX Semiconductor Sector Index

Ticker Symbol: SOXL

Approximate Number of Stocks in this ETF: 30

Types of Stocks Included in this ETF: Large-sized companies in the semiconductor industry.

Examples of Publicly Traded Semiconductor Companies Include:

  • Intel
  • Qualcomm
  • Texas Instruments
  • Micron Technology

Leveraged ETF: This ETF attempts to produce leveraged daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 3x (300%). This means the ETF is seeking results equal to 300% of the benchmark index performance.

Related Links:

Direxion Website