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Direxion Daily Semiconductor Bull 3X ETF SOXL

NYSE

SharesGrow Intrinsic Value
N/A
Negative cash flow

Direxion Daily Semiconductor Bull 3X ETF (SOXL) current share price is $85.31. The gold spot price is $4,825.20 per troy ounce. Using the formula: SOXL in gold = $85.31 × 31.1035 ÷ $4,825.20 = 0.5499 grams of gold per share.

Over the past 16 years, SOXL has a Real Wealth Growth Rate of +22.75% / yr. This means SOXL has outperformed gold as a store of value over this period.

SOXL in US Dollars
Gold in US Dollars
SOXL in Gold (grams per share)

Real Wealth Growth Rate

SOXL
Computing…

"Real Wealth Growth Rate" measures the annualised compound growth rate (CAGR) of a stock when priced in gold — hard money that cannot be printed. A positive value means genuine wealth creation. A negative value means purchasing power is shrinking, even if the dollar price rises.

Step 1 — Express share price in grams of gold
$$\text{SOXL}_{\text{gold}}(t) = \frac{P_{\text{SOXL}}(t) \times 31.1035}{P_{\text{gold}}(t)}$$
$P_\text{SOXL}$ = stock price in USD, $P_\text{gold}$ = gold spot in USD/troy oz, $31.1035$ = grams per troy ounce.
Step 2 — Real Wealth Growth Rate (CAGR in gold terms)
$$\text{Real Wealth Growth Rate} = \left(\frac{\text{SOXL}_{\text{gold}}^{(T)}}{\text{SOXL}_{\text{gold}}^{(0)}}\right)^{\!\frac{1}{T}} - 1$$
$\text{SOXL}_\text{gold}^{(0)}$ = initial gold-price, $\text{SOXL}_\text{gold}^{(T)}$ = current gold-price, $T$ = number of years. A positive result means the stock outpaces gold.

Real Wealth Growth Rate Rankings — 20 Years

Computing…

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