SOXS - Direxion changes index for Semiconductor ETFs

Direxion is changing the underlying index and investment objective of the Direxion Daily Semiconductor Bull 3X Shares (SOXL) and Direxion Daily Semiconductor Bear 3X Shares (SOXS).On or about August 25, 2021, the underlying index for both will change from PHLX Semiconductor Sector Index to a new index of "ICE Semiconductor Index."The ICE Semiconductor Index is a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies.

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Direxion changes index for Semiconductor ETFs