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TZA vs SOXL

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

TZA

Direxion Daily Small Cap Bear 3X Shares

Direxion Funds

Annual cost

0.99%

Fund size

$270M

SOXL

Direxion Daily Semiconductor Bull 3X Shares

Direxion Funds

Annual cost

0.75%

Fund size

$17.3B

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.
  • TZA is classified as equity, while SOXL is cryptocurrency — different risk/return profiles.
  • TZA follows a inverse strategy; SOXL uses leveraged.
  • Over the last 3 years, SOXL has delivered higher annualized returns.

Side-by-side comparison

TZASOXL
Annual cost (TER)0.99%0.75%
Fund size (AUM)$270M$17.3B
Since20082010
Dividend yield4.33%0.06%
Asset classequitycryptocurrency
Regionnorth america
Strategyinverseleveraged
CAGR 1Y-67.4%+1272.3%
CAGR 3Y-46.0%+135.4%
CAGR 5Y-30.9%+50.4%
Sharpe 3Y-0.701.30
Volatility 1Y57.16%101.52%
Max drawdown-99.70%-90.46%

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

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