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SOXS vs SPXL

Direxion Daily Semiconductor Bear 3X Shares vs Direxion Daily S&P500 Bull 3X Shares

SOXS

Direxion Daily Semiconductor Bear 3X Shares

Direxion Funds

Annual cost

1.00%

Fund size

$1.8B

SPXL

Direxion Daily S&P500 Bull 3X Shares

Direxion Funds

Annual cost

0.84%

Fund size

$5.9B

Key differences

  • SPXL costs 0.16% less per year.
  • SPXL is significantly larger than SOXS — larger funds tend to be more liquid and less likely to close.
  • SOXS follows a inverse strategy; SPXL uses leveraged.
  • Over the last 3 years, SPXL has delivered higher annualized returns.

Side-by-side comparison

SOXSSPXL
Annual cost (TER)1.00%0.84%
Fund size (AUM)$1.8B$5.9B
Since20102008
Dividend yield25.18%0.60%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-97.5%+87.0%
CAGR 3Y-86.9%+55.4%
CAGR 5Y-79.9%+23.9%
Sharpe 3Y-1.341.14
Volatility 1Y101.58%35.92%
Max drawdown-100.00%-76.86%

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

Similar to SOXS and SPXL