NYSEARCA:SOXS
Direxion Daily Semiconductor Bear 3X ETF Company Profile
$29.69
+0.480 (+1.64%)
At Close: May 17, 2024
Information
866-476-7523
Description
The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index measures the performance of domestic companies engaged in the design, distribution, manufacture and sale of semiconductors. The fund is non-diversified.