SOXS seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to three times (300%) the inverse (opposite) of the daily performance of an index that is designed provide exposure to the performance of 30 largest U.S. listed semiconductor companies (currently, the NYSE Semiconductor Index).
This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.