Leveraged Chip ETFs Reveal How Daily Reset Leverage Deepens Losses
The semiconductor ETF SOXX has tumbled 25% while the 3x leveraged SOXL has sunk nearly two‑thirds, showing how daily‑reset leverage magnifies losses. Recovering will require SOXX to jump 33% and SOXL a staggering 170%, underscoring the steep climb investors face after a volatile chip sell‑off.