Direxion Semiconductor Bull ETF Drops 14% as Chip Sector Faces Sharp Selloff

Key Points The Direxion Daily Semiconductor Bull ETF is performing significantly worse than its non-leveraged counterpart over the past month. With chip stocks in a funk, that’s not surprising. But it is a reminder that warning labels on leveraged ETFs need to be acknowledged. 10 stocks we like better than Direxion Shares ETF Trust - Direxion Daily Semiconductor Bull 3x ETF › One of the most important things new investors can do is assess their risk tolerance. That doesn't mean pigeonholing themselves in the long term, because risk-taking can and does evolve as market participants "stack days," gaining knowledge and experience. Some investors are content to stick with conservative, low-volatility stocks , while others go for more exhilarating growth.