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AI stocks face heightened pressure from rising oil prices and correction fears. Inverse ETFs could benefit from further weakness.
Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
The Direxion Daily Semiconductor Bear 3X Shares (NYSEARCA:SOXS) jumped 8.95% on Monday, closing at $4.45, as the largest names in the chip complex reversed sharply.
The Direxion Daily Semiconductor Bear 3X Shares (NYSEARCA:SOXS) is up again today, climbing roughly 11% as memory chip stocks lead a broad semiconductor pullback.
The race to launch ETFs tied to SK Hynix Inc (NASDAQ:SKHY) is about more than one of the largest ADR listings in history—it's a bet that investors are beginning to look beyond AI chipmakers like Nvidia and toward the memory companies powering the next generation of artificial intelligence infrastructure.
New York, United States, June 26, 2026 (GLOBE NEWSWIRE) -- Direxion to Split Nine ETFs New York, United States, June 26th, 2026, NewsDirect Corrected CUSIPs for TECS and SOXS Direxion announced on June 10, 2026 it will execute forward share splits for two of its exchange-traded funds (“ETFs”), as well as reverse share splits for an additional seven ETFs. The total market value of the shares outstanding will not be affected as a result of these splits, except with respect to the redemption of fractional shares, as outlined below.
The semiconductor rally has evolved beyond chip stocks themselves. Increasingly, traders are expressing bullish and bearish views on AI through leveraged semiconductor ETFs such as Direxion Daily Semiconductor Bull 3X ETF (NYSE:SOXL) and Direxion Daily Semiconductor Bear 3X Shares (NYSE:SOXS).
Source: TradePulse | May 27, 2026