In contrast, SSO gives 2x daily leveraged exposure to the full S&P 500, making it more diversified across sectors—though still tech-heavy, with technology at 31%, cash and others at 30%, and financial services at 9%. Its top holdings include Nvidia, Apple, and Microsoft, each with slightly larger portfolio weights than SOXL’s top names. Both funds reset leverage daily, which introduces compounding effects and risk of path-dependent losses.SOXL delivers 3x daily exposure to the NYSE Semiconductor Index, resu ...