Direxion Daily Semiconductor Bull 3X Shares (NYSE:SOXL) has outperformed the market over the past 15 years by 32.6% on an annualized basis producing an average annual return of 44.22%. Currently, Direxion Daily Semiconductor Bull 3X Shares has a market capitalization of $12.32 billion.

Buying $100 In SOXL: If an investor had bought $100 of SOXL stock 15 years ago, it would be worth $22,838.51 today based on a price of $64.19 for SOXL at the time of writing.

Direxion Daily Semiconductor Bull 3X Shares's Performance Over Last 15 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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