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SPDN vs SOXS

Direxion Daily S&P 500 Bear 1X Shares vs Direxion Daily Semiconductor Bear 3X Shares

SPDN

Direxion Daily S&P 500 Bear 1X Shares

Direxion Funds

Annual cost

0.48%

Fund size

$219M

SOXS

Direxion Daily Semiconductor Bear 3X Shares

Direxion Funds

Annual cost

1.00%

Fund size

$1.8B

Key differences

  • SPDN costs 0.52% less per year.
  • SOXS is significantly larger than SPDN — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, SPDN has delivered higher annualized returns.
  • SOXS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SPDNSOXS
Annual cost (TER)0.48%1.00%
Fund size (AUM)$219M$1.8B
Since20162010
Dividend yield3.94%25.18%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseinverse
CAGR 1Y-18.4%-97.5%
CAGR 3Y-13.2%-86.9%
CAGR 5Y-9.3%-79.9%
Sharpe 3Y-1.11-1.34
Volatility 1Y12.30%101.58%
Max drawdown-75.08%-100.00%

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

Similar to SPDN and SOXS