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SOXS · Direxion Daily Semiconductor Bear 3x Shares

Over the last 15 years (2011-09 to 2026-09), $10,000 invested in SOXS with dividends reinvested grew to $0, -77.43% a year, with a worst peak-to-trough fall of -100.00%. Past performance doesn't predict future results.

Growth of $10,000 · 2011-09 to 2026-09 · dividends reinvested

CAGR (annualized return)
-77.43%
Volatility (annualized)
76.02%
Worst drawdown
-100.00%
Sharpe ratio
-1.32

How SOXS held up in past market crashes

SOXS has been through 3 of the market crashes since 2000 in our data. Its deepest price fall was 54.3% in the 2022 bear market, when the S&P 500 fell 25.4%. It took 2 months from the bottom to get back to its high. No fund is safe from losses; past falls do not predict future ones.

Deepest price fall and recovery time of SOXS in each market crash, next to the S&P 500
CrashSOXS deepest fallS&P 500 (SPY)Peak to bottomBack to peak
2018 fourth-quarter selloff-33.0%-20.2%Oct 2018 to Dec 20181 months
2020 COVID crash-33.1%-34.1%Mar 2020 to Mar 2020Not yet
2022 bear market-54.3%-25.4%Jul 2022 to Aug 20222 months

Price declines in the fund's listing currency, dividends not included, inside each crash's S&P 500 peak-to-bottom window. See how 50 popular ETFs compare in the crash study.

About SOXS

Direxion Daily Semiconductor Bear 3X Shares is a leveraged inverse exchange-traded fund designed to provide daily results that are three times the opposite of the performance of a U.S. semiconductor index. It is built for short-term, tactical exposure to the semiconductor sector and uses financial instruments such as swaps and futures to create its inverse positioning. The fund is tied to a basket of large U.S.-listed semiconductor companies, making it a targeted tool for expressing a bearish view on chip stocks without directly short-selling individual names. As a non-diversified ETF, it is concentrated and reset daily, which makes its behavior highly dependent on short-term market moves and daily compounding effects. Direxion Daily Semiconductor Bear 3X Shares plays a specialized role in the market for traders seeking sector-specific inverse exposure within the technology and semiconductor space.

Put SOXS to the test

Every tool below opens prefilled with SOXS: free, no account needed.

Educational use only, not investment advice. Results are hypothetical.Read full disclaimer

This tool is for educational and informational purposes only and does not provide financial, investment, tax, legal, or accounting advice. Results are hypothetical and based on historical data and assumptions that may be inaccurate. Past performance does not guarantee future results. Consult a licensed professional before making investment decisions.

SOXS (Direxion Daily Semiconductor Bear 3x Shares): returns, risk & backtest · Informed Portfolio