ATLASDirexion Daily Semiconductor Bear 3X Shares (SOXS): outlook, holdings and fees
Direxion Daily Semiconductor Bear 3X Shares (SOXS) is an exchange-traded fund and is managed by Direxion Funds. The expense ratio is 1.05% and the yield is 34.40%. The ten largest holdings are 114% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on SOXS
| Last price | $54.06 (+3.8%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 41% |
| Likely 1-month range (50%) | $39.08 – $63.87 |
| Normal 1-day range (±1σ) | ±8.4% |
| Distribution yield | 34.40% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
SOXS fund facts
| Issuer | Direxion Funds |
|---|---|
| Theme | Inverse (short) |
| Assets under management | $2.4B |
| Expense ratio | 1.05% |
| Number of holdings | 3 |
| Portfolio turnover | 0% |
| Inception | Mar 11, 2010 |
| Exchange | NYSE |
The fund invests at least 80% of the fund"s net assets in financial instruments, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track 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.
SOXS top holdings
| Holding | Sector | Weight |
|---|---|---|
| Dreyfus Treasury Securities Cash Management DIRXX | – | 62.85% |
| Dreyfus Government Cash Management Fund DGCXX | – | 34.61% |
| Goldman Sachs FS Treasury Intms D FRDXX | – | 16.50% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
SOXS returns and risk
| Year to date | -94.0% |
|---|---|
| 1 year | -98.9% |
| 3 years (annualised) | -89.3% |
| 5 years (annualised) | -77.5% |
| 10 years (annualised) | -81.6% |
| Volatility (3 years) | 91.6% |
| Sharpe ratio (3 years) | -1.70 |
Past returns do not guarantee future results.
SOXS: frequently asked questions
What does SOXS invest in?
Direxion Daily Semiconductor Bear 3X Shares invests in a portfolio of securities. Its largest holdings are Dreyfus Treasury Securities Cash Management (62.9%), Dreyfus Government Cash Management Fund (34.6%), Goldman Sachs FS Treasury Intms D (16.5%).
What is the SOXS expense ratio?
1.05% a year: about $105.00 for every $10,000 invested.
What is the SOXS dividend yield?
34.40%. ATLAS does not hold the exact distribution dates for ETFs.
Will SOXS go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 41%, with a likely range (50%) of $39.08 to $63.87 from $54.06 today. It is a probability, not a prediction.
How has SOXS performed?
Year to date -94.0%, one year -98.9%, three years -89.3% a year, five years -77.5% a year. Past returns do not guarantee future results.
Similar ETFs: Inverse (short)
Educational information, not investment advice. Disclaimer