Trading--Leveraged Equity
Direxion Daily Semiconductor Bull 3X Shares
SOXL$141.93+14.77%
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About Direxion Daily Semiconductor Bull 3X Shares
SOXL is a 3x leveraged semiconductor ETF. It aims to deliver three times the daily return of the PHLX Semiconductor Index. When chip stocks go up, SOXL goes up three times as much. When they go down, it drops three times as fast. This is a high-risk trading tool, not a buy-and-hold investment.
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