MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF (SOXD.TO) Price

MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF is offered by LongPoint, a leading player in the field of passive investments.

The ISIN of MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF is CA54315B4588.

MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF aims to deliver 3 times the daily return of US (long). The leverage resets each trading day, so multi-day returns can differ materially from 3X the underlying's cumulative return.

Volatility decay (also called compounding drag) occurs because MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 3X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

Leveraged ETFs like MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.

MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF provides 3X daily long exposure to US. When US moves +1% in a day, MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF targets approximately 3% (before fees).

The ETF is listed in CAD.

European investors may incur additional costs for currency exchange and transaction fees.

No, MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF does not comply with the EU UCITS investor protection directives.

MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF tracks the performance of the Solactive US Semiconductor 30 Capped Index - CAD - Benchmark TR Net.

MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF is domiciled in CA.

The fund was launched on 5/22/2025.

The MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF mainly invests in Information technology companies.

The NAV of MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF amounts to 14.63 M CAD.

Investments can be made through brokers or financial institutions that provide access to trading ETFs.

The ETF is traded on the stock exchange, similar to stocks.

Yes, the ETF can be held in a regular securities account.

The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.

The ETF is valued on a daily stock exchange basis.

Information on dividends should be requested from the provider's website or your broker.

The risks include market fluctuations, currency risks, and the risk associated with smaller companies.

The ETF is obligated to report regularly and transparently on its investments.

The performance can be viewed on Eulerpool or directly on the provider's website.

Further information can be found on the official website of the provider.