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SPXS vs SOXL

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

SPXS

Direxion Daily S&P 500 Bear 3X Shares

Direxion Funds

Annual cost

1.04%

Fund size

$388M

SOXL

Direxion Daily Semiconductor Bull 3X Shares

Direxion Funds

Annual cost

0.75%

Fund size

$17.3B

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.
  • SPXS is classified as equity, while SOXL is cryptocurrency — different risk/return profiles.
  • Over the last 3 years, SOXL has delivered higher annualized returns.

Side-by-side comparison

SPXSSOXL
Annual cost (TER)1.04%0.75%
Fund size (AUM)$388M$17.3B
Since20082010
Dividend yield4.29%0.06%
Asset classequitycryptocurrency
Regionnorth america
Strategyleveragedleveraged
CAGR 1Y-50.4%+1272.3%
CAGR 3Y-43.7%+135.4%
CAGR 5Y-35.1%+50.4%
Sharpe 3Y-1.151.30
Volatility 1Y36.05%101.52%
Max drawdown-99.61%-90.46%

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

Similar to SPXS and SOXL