SOXL stock forecast, quote, news & analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Broadcom Inc. (NASDAQ:AVGO), Advanced Micro Devices (NASDAQ:AMD), Texas Instruments (NASDAQ:TXN), QUALCOMM (NASDAQ:QCOM), Applied Materials (NASDAQ:AMAT), Lam Research Corp (NASDAQ:LRCX), Micron Technology (NASDAQ:MU), Intel Corp (NASDAQ:INTC).

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the ICE Semiconductor Index. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index is a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies. The fund is non-diversified.

The average market capitalization across the Direxion Daily Semicondct Bull 3X ETF ETF is 237.16B. The market cap for tickers in the group ranges from 855.68M to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is WOLF at 855.68M.

The average weekly price growth across all stocks in the Direxion Daily Semicondct Bull 3X ETF ETF was -25%. For the same ETF, the average monthly price growth was -23%, and the average quarterly price growth was -41%. ASML experienced the highest price growth at -2%, while WOLF experienced the biggest fall at -33%.

The average weekly volume growth across all stocks in the Direxion Daily Semicondct Bull 3X ETF ETF was 26%. For the same stocks of the ETF, the average monthly volume growth was -4% and the average quarterly volume growth was -6%