Find Out More About the Index Tracked by SOXL and SOXS

SOXL and SOXS offer traders a dynamic way to take risk on daily semiconductor sector movements. SOXL aims to provide triple the daily performance of the NYSE Semiconductor Index (before fees and expenses), making it a potentially attractive option for those bullish on the sector. Its leveraged structure seeks to magnify potential returns but also increases risk.

On the flip side, SOXS is designed to deliver triple the inverse of the daily performance of the same index (before fees and expenses), allowing investors an opportunity to seek to benefit from declines in the sector. This makes SOXS a potential tool for hedging or implementing a bearish strategy. However, the leveraged nature of SOXS also means increased volatility and risk.

Latest Leveraged & Inverse ETF Insights

Betting On — or Against — Financial Stocks

FAS FAZ

May 13, 2024 | 2 min read

The financial sector will continue to be influenced by FOMC policies and potential market stress. Their impact on financial stocks remains uncertain.

Semiconductor Bulls Look to Nvidia Earnings for Salvation

NVDD NVDU

May 06, 2024 | 4 min read

Nvidia’s earnings anticipation is already building for the company’s quarterly results in May, given the recent dip.

Microsoft – Is the Earnings Beat a Dip-Buying Opportunity?

MSFD MSFU

May 02, 2024 | 2 min read

Microsoft’s latest earnings report showed some encouraging signs with respect to future growth.