Tag: SOXL ETF
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Understanding the SOXL ETF: A Closer Look
The Direxion Daily Semiconductor Bull 3X Shares ETF, commonly known as SOXL, is a popular leveraged exchange-traded fund (ETF) that offers exposure to the semiconductor sector. Leveraged ETFs like SOXL aim to deliver multiples of the daily performance of their underlying index, which in this case is the PHLX Semiconductor Sector Index (SOX). This article…