Big Returns and Big Risk: See How SOXL and SSO Measure Up
The Motley Fool·2025-12-01 20:25
Leveraged ETFs can act as a doubled-edged sword.The Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA: SOXL) and the ProShares Ultra S&P500 (NYSEARCA: SSO) both aim to provide outsized returns through the use of considerable leverage. However, their approach to delivering these returns vary greatly. SOXL is laser-focused on the red-hot semiconductor sector, while SSO aims to double the daily return of the benchmark S&P 500 index. What follows is an in-depth breakdown of each fund, along with some guidan ...