Leveraged Chip ETFs See Historic Capital Flows, SOXL Attracts Record Inflows
Global leveraged and inverse ETFs tracking semiconductor stocks now hold $21 billion in assets, with SK Hynix leading. The 3x leveraged SOXL ETF drew a record $6.9 billion in July.
Leveraged and inverse exchange-traded funds focused on semiconductor stocks are attracting historic capital flows. Data compiled by The Kobeissi Letter shows these funds now hold roughly $21 billion in total assets.
SK Hynix leads the pack with about $5.5 billion in leveraged and inverse ETF assets, making it the single stock with the most exposure globally. Micron ($MU) follows with $5.1 billion, and Nvidia ($NVDA) accounts for $4.8 billion. By comparison, Tesla ($TSLA) is the largest non-chip name on the list at $3.7 billion.
The 3x leveraged U.S. semiconductor ETF ($SOXL) saw $6.9 billion in net inflows during July, the largest monthly intake in the fund’s history. The rush into leveraged chip exposure underscores the sector’s dominant position in speculative positioning.
Source: The Kobeissi Letter