SOXS Stock Summary and Trading Ideas (Direxion Daily Semiconductors Bear 3X | ARCA:SOXS)

The Direxion Daily Semiconductor Bear 3x ETF seeks daily investment results before fees and expenses of 300% of the inverse (or opposite) of the price performance of the ICE Semiconductor Index. There is no guarantee the fund will meet its stated investment objective.

Direxion Daily Semiconductors Bear 3X trades on the ARCA stock market under the symbol SOXS.

As of March 4, 2025, SOXS stock price declined to $24.87 with 62,238,427 million shares trading.

SOXS has a beta of -6.50, meaning it tends to be less sensitive to market movements. SOXS has a correlation of 0.71 to the broad based SPY ETF.

SOXS has a market cap of $529.40 million. This is considered a Small Cap stock.

In the last 3 years, SOXS traded as high as $895.90 and as low as $16.35.

SOXS has underperformed the market in the last year with a return of -21.4%, while SPY returned +13.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SOXS shares. However, SOXS has outperformed the market in the last 3 month and 2 week periods, returning +13.3% and +28.9%, while SPY returned -4.2% and -5.4%, respectively. This indicates SOXS has been having a stronger performance recently.

SOXS support price is $23.58 and resistance is $26.94 (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 SOXS shares will trade within this expected range on the day.