The Labyrinth of Leveraged ETFs: A Direxion Dilemma

Both funds are products of a system that demands amplification, daily resets, and a willingness to surrender logic to leverage. SPXL, tethered to the S&P 500, drifts like a paperweight in a hurricane of indices. SOXL, fixated on semiconductors, is a magnifying glass held over a single flame, warping reality until the fire consumes itself. The investor, of course, is merely a formality in this ritual.






