SOXL and TQQQ dominated ETF buying and selling quantity in 2024

Leveraged semiconductor ETFs dominated buying and selling exercise in 2024, as buyers sought amplified returns amid a tech sector restoration.

THE Direxion Daily Semiconductor Bull 3X (SOXL) Stock tops the checklist of most actively traded ETFs with a median day by day quantity of 74.9 million shares, in accordance with Bloomberg information that checked out common year-to-date buying and selling quantity as of Dec. 30.

ProShares UltraPro QQQ (TQQQ)which provides triple leverage on the Nasdaq-100 Index, ranks second with a median of 57.8 million shares traded, adopted carefully by the SPDR S&P 500 ETF Trust (SPY) to 57.7 million shares, in accordance with the information.

Robust buying and selling in leveraged semiconductor and expertise ETFs comes as buyers poured greater than $1 trillion into U.S.-based ETFs in 2024, marking a report 12 months for the automobile funding amid the S&P 500’s 25% acquire.

The rise in buying and selling volumes for these merchandise highlights buyers’ rising consolation with complicated ETF methods of their seek for higher returns.

THE iShares China Large Cap ETF (FXI) recorded the fourth highest quantity, with 46.3 million shares year-to-date, as merchants reacted to fluctuations and rising considerations concerning the Chinese language economic system.

Direxion 2X Leveraged Tesla ETF (TSLL) rounded out the highest 5 with 42.7 million shares traded, capitalizing on the electrical automaker’s value fluctuations.

THE SPDR Fund for Selected Financial Sectors (XLF) On common, 40.7 million shares have been traded, with buyers positioned primarily based on rate of interest actions, the information reveals.

TLT Lengthy Time period Money ETF, the iShares 20+ Year Treasury Bond ETFhas seen year-to-date volumes of 39.9 million shares, reflecting bond market exercise amid price uncertainty, the information exhibits.

Bearish buyers, in the meantime, generated 37.5 million shares in quantity for the Direxion Daily S&P 500 Bear 3X (SPXS)whereas the standard technology-driven Invesco QQQ Trust (QQQ) traded 37.1 million shares.

THE Direxion Daily Semiconductor Bear 3X (SOXS)the inverse companion to the unique SOXL, rounded out the highest 10 with 36.7 million shares traded, highlighting how merchants performed each side in semiconductor sector strikes.

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