Price chart
Loading EdgeX candles…
About Direxion Daily Semiconductor Bull 3X ETF
SOXL tracks the value of 1 share of the Direxion Daily Semiconductor Bull 3X ETF. The ETF seeks daily investment results of three times the performance of the NYSE Semiconductor Index. Because it resets every day, its returns compound over time and SOXL can lose value — even when semiconductor stocks rise — if held for longer than a single trading day.
On EdgeX, SOXL is a synthetic perpetual market. EdgeX runs its own book and funding schedule, so its mark price and open interest are quoted independently.
SOXL is listed as a EdgeX synthetic perpetual market. Prices track traditional-asset exposure synthetically and do not represent ownership of the underlying shares, ETFs, commodities, or cash instruments. Educational market data only — not investment advice.
Sector tags: Semiconductors, Equity Indices.
Frequently Asked Questions
- What is SOXL?
- SOXL tracks the value of 1 share of the Direxion Daily Semiconductor Bull 3X ETF. The ETF seeks daily investment results of three times the performance of the NYSE Semiconductor Index.
- Does trading SOXL give me any of the rights of owning shares in the underlying ETF?
- No. SOXL is a synthetic perpetual with no delivery mechanism or arbitrage bridge to the underlying ETF's shares. It gives price exposure only — there are no shareholder rights, no dividends, no voting rights, and no claim on the underlying fund.
- Where is Direxion Daily Semiconductor Bull 3X ETF listed, and in what currency does SOXL trade?
- Direxion Daily Semiconductor Bull 3X ETF is listed on NYSE Arca, and its shares trade in U.S. dollars. SOXL's price already reflects that U.S. dollars, with no currency conversion involved.
- Why can SOXL lose value even when semiconductor stocks are rising?
- SOXL seeks three times the index's daily move, and that target resets every trading day. Because returns compound through the daily reset, the fund's outcome is path-dependent beyond a single day: in volatile or flat markets, SOXL can lose value even when the NYSE Semiconductor Index rises over the same period.
- SOXL on EdgeX is a synthetic perpetual market that tracks price exposure linked to 1 share of the Direxion Daily Semiconductor Bull 3X ETF. It trades on EdgeX, so you can go long or short without holding any units.
- SOXL on EdgeX is a synthetic perpetual market that tracks price exposure linked to 1 share of the Direxion Daily Semiconductor Bull 3X ETF. It trades on EdgeX, so you can go long or short without holding any units.
- Can SOXL's price on EdgeX differ from the price on other venues?
- Yes. EdgeX runs its own book and funding schedule, so its mark price and open interest are quoted independently and can differ from the same instrument on another venue.
- What does it mean that EdgeX runs its own funding schedule?
- Funding is a periodic payment between long and short positions that keeps a perpetual's price anchored to its underlying. EdgeX sets and settles its own funding on its own schedule, so the funding rate on EdgeX can differ from the funding rate on other venues.
Related instruments
Other EdgeX markets sharing this asset's sectors.
Related articles
- Leveraged ETF Perps: Three Kinds of Leverage in One PositionSOXL, TQQQ, SOXS and TZA trade as perpetual futures on crypto venues. Work through the daily-reset arithmetic that makes a flat index cost money in both directions, what the perp wrapper adds on top, and why shorting both sides is a path bet rather than a free harvest.
- Trading Perpetual Futures: How They Work and What You Need to KnowUnderstand perpetual swaps (perps), how they differ from dated futures, how funding rates anchor their price to spot, and basis risk.
- Crypto Funding Rates: What They Are, Who Pays, and How to Trade ThemLearn how crypto funding rates work, how to calculate positive and negative funding fees, and how to read funding dashboards like Coinglass to predict market moves.
