NASDAQ:SOXL 10 October 2025 - 6 December 2025

Tech stocks have been on fire in 2025 – yet investors are yanking money out of some of the hottest funds. TQQQ, which delivers triple the daily return of the Nasdaq-100, and SOXL, a 3× play on semiconductor stocks, have both posted stellar gains this year. TQQQ is up roughly 37% year-to-date and recently hit a new 12-month high around $107–$109 per sharemarketbeat.com. SOXL has fared even better on paper, soaring about 53% in 2025. By comparison, their non-leveraged counterparts – the regular Nasdaq-100 ETF and iShares Semiconductor ETF – are up ~20% and ~35%, respectivelyetf.com. In other words, these leveraged vehicles rode the tech rebound higher, though not quite to the degree one might expect from 3× leverage.