SOXL Leads South Korean Retail Buyers, With $1.55 Billion in Net Purchases During July 3-9

According to Korea Securities Depository, during the week of July 3-9, domestic investors' top 10 U.S. stock net purchases were dominated by leveraged ETFs, with five 2-3x leverage products ranking among the top positions. Direxion Daily Semiconductor Bull 3x ETF (SOXL) topped the list with $1.55 billion in net purchases, followed by the 3x leveraged Korea index ETF (KORU) at $139 million and SandDisk 2x leveraged ETF (TRADR) at $113 million.

The newly listed Roundhill Trickx 2X Long DRAM Daily ETF (RAM) attracted $700 million in inflows within two weeks of its June debut, with $267 million pouring in from domestic investors between June 26 and July 9. RAM's assets under management surged to $751 million, reflecting heightened appetite among retail investors for leveraged semiconductor bets amid AI chip sector volatility.