Leveraged ETF that has holding of AMAT

Below is a quick reference list of U.S.-listed leveraged equity ETFs whose underlying index or swap basket currently includes exposure to Applied Materials (AMAT). Because leveraged ETFs obtain their exposure synthetically (via swaps, futures, and other derivatives) the funds themselves may not directly “own” AMAT shares, but AMAT is part of the reference index (or swap basket) that the ETF tracks. We focus on long/bull funds (positive leverage); inverse products (“-1x” or “-3x”) will generally reference the same index but deliver the opposite daily return.

1. Direxion Daily Semiconductor Bull 3x Shares (SOXL)
• Leverage: +3× daily exposure to the PHLX Semiconductor Sector Index (SOX).
• AMAT weight in SOX: Typically ~6 – 8 % (weights shift daily with index rebalancing).
• Note: High leverage and daily reset make it suitable only for short-term tactical trading.

2. ProShares Ultra Semiconductors (USD)
• Leverage: +2× daily exposure to the Dow Jones U.S. Semiconductors Index.
• AMAT weight in this index: generally 5 – 7 %.
• 2× leverage translates into roughly double the daily move of semiconductor stocks.

3. Direxion Daily Technology Bull 3x Shares (TECL)
• Leverage: +3× daily exposure to the Technology Select Sector Index (XLK).
• AMAT is a mid-sized constituent of XLK (usually 1 – 2 % weight).
• Offers broader tech exposure beyond semiconductors.

4. ProShares Ultra Technology (ROM)
• Leverage: +2× daily exposure to the Dow Jones U.S. Technology Index.
• AMAT is part of this index at a modest weight (≈1 %).
• Suitable for investors seeking 2× leveraged exposure to the overall tech sector.

Important considerations for leveraged ETFs
• Daily reset: Leveraged ETFs are designed to achieve their stated multiple of the index’s DAILY return, not long-term performance. Volatile markets can cause significant path-dependent performance drift over time.
• Short-term trading tools: Because of compounding effects and potential decay, these funds are generally intended for short holding periods (days/weeks, not months/years).
• Higher costs & risks: Expense ratios, financing costs, and derivative-related risks are higher than traditional unlevered ETFs.

Before trading, be sure the fund’s strategy, index methodology, and risk profile align with your objectives and time horizon. For any follow-up—such as a performance back-test of buying AMAT-heavy leveraged ETFs around specific events—let me know and I can set that up.