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SOXL vs SPXS

Direxion Daily Semiconductor Bull 3X Shares vs Direxion Daily S&P 500 Bear 3X Shares

SOXL

Direxion Daily Semiconductor Bull 3X Shares

Direxion Funds

Annual cost

0.75%

Fund size

$17.3B

SPXS

Direxion Daily S&P 500 Bear 3X Shares

Direxion Funds

Annual cost

1.04%

Fund size

$388M

Key differences

  • SOXL costs 0.29% less per year.
  • SOXL is significantly larger than SPXS — larger funds tend to be more liquid and less likely to close.
  • SOXL is classified as cryptocurrency, while SPXS is equity — different risk/return profiles.
  • Over the last 3 years, SOXL has delivered higher annualized returns.

Side-by-side comparison

SOXLSPXS
Annual cost (TER)0.75%1.04%
Fund size (AUM)$17.3B$388M
Since20102008
Dividend yield0.06%4.29%
Asset classcryptocurrencyequity
Regionnorth america
Strategyleveragedleveraged
CAGR 1Y+1272.3%-50.4%
CAGR 3Y+135.4%-43.7%
CAGR 5Y+50.4%-35.1%
Sharpe 3Y1.30-1.15
Volatility 1Y101.52%36.05%
Max drawdown-90.46%-99.61%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to SOXL and SPXS