Record Inflows Into 3X Chip ETF SOXL After Semiconductor Rout

Investors poured a record sum into the Direxion Daily Semiconductor Bull 3X ETF (SOXL), a leveraged fund, in the week before October 18, 2026, MarketWatch reported, after a chip-stock rout. SOXL targets three times a single day's move and resets daily, so multi-day returns can diverge from three times the underlying stocks' moves. On October 22, the Nasdaq fell 2.60%.