SOXSDIREXION DAILY SEMICONDUCTOR BEAR 3X SHARES
DIREXION DAILY SEMICONDUCTOR BEAR 3X SHARES
$47.03+1.69% today
32149452-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$25.7B OVER THIS RANGE
The desk’s read
Money is leaving — −$473M walked out over the past month, about 36.2% of the fund's asset base, while the price has returned -91.4% so far this year.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$1.3Bassets under management
—expense ratio
−$473Mnet flow, trailing month
63.8Mavg daily volume, 30 days
1holdings · US-domiciled
2023listed November 20, 2023 · beta -7.75
Sector weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
| 1 week | +16.8% |
| 1 month | +3.1% |
| 3 months | -39.2% |
| 6 months | -86.2% |
| YTD | -91.4% |
| 1 year | -96.5% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | −$405M |
| 1 month | −$473M |
| 3 months | −$10B |
| YTD | −$101.8B |
| 1 year | +$25.7B |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
Monthly net flows
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
178%realized volatility, 30 days (annualized)
136%realized volatility, 1 year
-97.8%deepest fall from a peak, 1 year
-96.9%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
25Kcalls today
13Kputs today
0.53put/call ratio
38.1Mshares traded
The case against SOXS
Due diligence cuts both ways. These funds sit on the same shelf and beat SOXS on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| ESMV iShares ESG MSCI USA Min Vol Factor ETF | 0.18% | $7904.06T | −$41K | 6041503× the assets | Head-to-head |
| SPY SPDR S&P 500 ETF Trust | 0.09% | $818.3B | +$2.8B | 625× the assets · +$2.8B in over the month | Head-to-head |
| QQQ Invesco QQQ Trust | 0.20% | $498.5B | +$9.6B | 381× the assets · +$9.6B in over the month | Head-to-head |
| IEMG iShares Core MSCI Emerging Markets ETF | 0.09% | $160.6B | +$1.9B | 123× the assets · +$1.9B in over the month | Head-to-head |
| ITOT iShares Core S&P Total U.S. Stock Market ETF | 0.03% | $97.9B | +$245M | 75× the assets · +$245M in over the month | Head-to-head |