$QCMU vs $SOXL: Weighing Single-Stock Leverage on QCOM Against Broad Semiconductor Exposure QCMU provides 2x daily leveraged exposure to a single stock, QUALCOMM Incorporated (QCOM), while SOXL delivers 3x daily leveraged exposure to a broad index of approximately 30 U.S. semiconductor companies. Both ETFs are non-diversified, leveraged products from Direxion that seek amplified daily results before fees and expenses, making them suitable primarily for short-term tactical use rather than long-term buy-and-hold strategies.