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Technology Stocks
SOXL 3xSemi's
An SI Board Since August 2013
Posts SubjectMarks Bans Symbol
1 1 0 SOXL
Emcee:  lucky_limey Type:  Unmoderated
Direxion Daily Semicondct Bull 3X Shares (SOXL)
This fund delivered a return of over 34% and managed assets of $76.5 million so far in the year. It seeks to deliver thrice (3x or 300%) the daily performance of the PHLX Semiconductor Sector Index, before fees and expenses. The index measures the performance of the semiconductor segment of the U.S. equity market.

The fund has a nice mixture of all cap securities with 46% of the assets assigned to large caps, 41% to mid caps and the rest to small caps. An extra cost shouldn’t be an issue in terms of bid ask spreads, as the product trades in average volumes of over 350,000 shares a day.
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