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SOXS
Direxion Daily Semiconductor Bear 3X SharesETF · Leveraged and Inverse
$44.14-5.56%
as of market close, Sep 11, 2026
☾ AH $44.13 -0.02%
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Direxion Daily Semiconductor Bear 3X Shares drawdown: 100.0% below the all-time high

Direxion Daily Semiconductor Bear 3X Shares is 100.0% below its all-time high, set Dec 11, 2014 (as of market close, Sep 11, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.

Below all-time high
−100.0%
0.0% of ATH
All-time high
$9,907,200,000
Dec 11, 2014
Time below the high
11.8 yrs
since Dec 11, 2014
Worst-ever drawdown
−100.0%
Jun 30, 2026
Longest underwater
11.8 yrs
between all-time highs
Today's level first reached
Dec 4, 2014
11.8 yrs ago
Last time this deep
never before
no prior −100.0% episode

% of all-time high since 2014#

The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.

Basis
Range
All-time high = 100%20%40%60%80%
SOXS close · log50.002,000100,0005,000,000200,000,000
201620182020202220242026

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Dec 11, 2014Jun 30, 2026−100.0%11.6 yrsnot yet11.8 yrs+

Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.

Drawdown vs what came next#

One dot per month since 2014: how far Direxion Daily Semiconductor Bear 3X Shares stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.

FAQ#

How far is Direxion Daily Semiconductor Bear 3X Shares from its all-time high?
Direxion Daily Semiconductor Bear 3X Shares is currently 100.0% below its all-time high, set Dec 11, 2014 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Direxion Daily Semiconductor Bear 3X Shares drawdown ever?
The deepest decline on record in our data (since 2014) took Direxion Daily Semiconductor Bear 3X Shares 100.0% below its prior high, bottoming Jun 30, 2026. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from SOXS; no free deep history exists for Direxion Daily Semiconductor Bear 3X Shares — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.

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