SOXL Stock Summary and Trading Ideas (Direxion Daily Semiconductor Bull 3X ETF | ARCA:SOXL)

The Fund seeks daily investment results, before fees and expenses, of 300% of the daily performance of the NYSE Semiconductor Index (the "Index"). 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. Semiconductor companies are defined as those classified within the Semiconductors Industry of the ICE Uniform Sector Classification schema. The Fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, securities of the Index, and exchange-traded funds ("ETFs") that track the Index, that, in combination, provide 3X daily leveraged exposure to the Index, consistent with the Fund's investment objective. The financial instruments in which the Fund most commonly invests are swap agreements and futures agreements which are intended to produce economically leveraged investment results.

Direxion Daily Semiconductor Bull 3X ETF trades on the ARCA stock market under the symbol SOXL.

As of October 2, 2026, SOXL stock price climbed to $163.71 with 48,784,739 million shares trading.

SOXL has a beta of 6.47, meaning it tends to be more sensitive to market movements. SOXL has a correlation of 0.48 to the broad based SPY ETF.

SOXL has a market cap of $25.63 billion. This is considered a Large Cap stock.

In the last 3 years, SOXL traded as high as $302.00 and as low as $7.23.

SOXL has outperformed the market in the last year with a price return of +319.1% while the SPY ETF gained +16.1%. However, in the short term, SOXL had mixed performance relative to the market. It has underperformed in the last 3 months, returning -9.7% vs +3.6% return in SPY. But in the last 2 weeks, SOXL shares have fared better than the market returning +32.5% compared to SPY +1.0%.

SOXL support price is $142.49 and resistance is $164.89 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SOXL shares will trade within this expected range on the day.