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$1000 Invested In Direxion Daily Semiconductor Bull 3X ETF 5 Years Ago Would Be Worth This Much Today

BenzingaAug 3, 2026, 4:15 PMBenzinga Insights

Direxion Daily Semiconductor Bull 3X ETF (NYSE:SOXL) has outperformed the market over the past 5 years by 8.3% on an annualized basis producing an average annual return of 19.61%. Currently, Direxion Daily Semiconductor

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benzinga
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Aug 3, 2026, 4:15 PM
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Aug 3, 2026, 4:15 PM
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  1. The Motley FoolAug 24, 2026, 4:34 PMRich Smith

    Why Direxion Daily Semiconductor Bull 3X ETF Dropped Today

    The Direxion Daily Semiconductor Bull 3X ETF (SOXL) dropped 8% after the Trump Administration permitted Apple to purchase memory chips from Chinese suppliers ChangXin Memory Technologies and Yangtze Memory Technologies. This decision threatens U.S. memory chip manufacturers like Micron and SanDisk, which are major SOXL holdings. The leveraged ETF amplifies semiconductor sector losses, causing significant declines across holdings including Micron, AMD, and Nvidia.

    Read original at the-motley-fool