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SOXL vs TZA

Direxion Daily Semiconductor Bull 3X Shares vs Direxion Daily Small Cap Bear 3X Shares

SOXL

Direxion Daily Semiconductor Bull 3X Shares

Direxion Funds

Annual cost

0.75%

Fund size

$17.3B

TZA

Direxion Daily Small Cap Bear 3X Shares

Direxion Funds

Annual cost

0.99%

Fund size

$270M

Key differences

  • SOXL costs 0.24% less per year.
  • SOXL is significantly larger than TZA — larger funds tend to be more liquid and less likely to close.
  • SOXL is classified as cryptocurrency, while TZA is equity — different risk/return profiles.
  • SOXL follows a leveraged strategy; TZA uses inverse.
  • Over the last 3 years, SOXL has delivered higher annualized returns.

Side-by-side comparison

SOXLTZA
Annual cost (TER)0.75%0.99%
Fund size (AUM)$17.3B$270M
Since20102008
Dividend yield0.06%4.33%
Asset classcryptocurrencyequity
Regionnorth america
Strategyleveragedinverse
CAGR 1Y+1272.3%-67.4%
CAGR 3Y+135.4%-46.0%
CAGR 5Y+50.4%-30.9%
Sharpe 3Y1.30-0.70
Volatility 1Y101.52%57.16%
Max drawdown-90.46%-99.70%

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

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