SOXS (Direxion Daily Semi Bear 3X) and SOXL (Direxion Daily Semi Bull 3X) are designed to deliver 3 times the daily leveraged returns on the bear and bull side of the PHLX Semi Index.
Similarly, SSG (ProShares UltraShort Semi) and USD (ProShares Ultra Semi) deliver 2 times the daily leveraged returns (bear/bull) but track the Dow Jones U.S. Semi Index, which has a different composition than the PHLX Semi Index.
iShares PHLX SOX Semiconductor Sector
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