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Direxion Daily Semiconductor Bull 3x Shares (SOXL)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US25459W4583

CUSIP

25459W458

Issuer

Direxion

Inception Date

Mar 11, 2010

Region

Developed Markets (Broad)

Leveraged

3x

Index Tracked

PHLX Semiconductor Index (300%)

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

SOXL has a high expense ratio of 0.99%, indicating higher-than-average management fees.


Expense ratio chart for SOXL: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
SOXL vs. TQQQ SOXL vs. SOXX SOXL vs. SOXS SOXL vs. USD SOXL vs. TECL SOXL vs. FNGU SOXL vs. BULZ SOXL vs. SPY SOXL vs. QQQ SOXL vs. LABU
Popular comparisons:
SOXL vs. TQQQ SOXL vs. SOXX SOXL vs. SOXS SOXL vs. USD SOXL vs. TECL SOXL vs. FNGU SOXL vs. BULZ SOXL vs. SPY SOXL vs. QQQ SOXL vs. LABU

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Direxion Daily Semiconductor Bull 3x Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%2,000.00%4,000.00%6,000.00%8,000.00%10,000.00%12,000.00%JulyAugustSeptemberOctoberNovemberDecember
4,718.66%
426.22%
SOXL (Direxion Daily Semiconductor Bull 3x Shares)
Benchmark (^GSPC)

Returns By Period

Direxion Daily Semiconductor Bull 3x Shares had a return of -6.41% year-to-date (YTD) and 24.28% in the last 12 months. Over the past 10 years, Direxion Daily Semiconductor Bull 3x Shares had an annualized return of 31.25%, outperforming the S&P 500 benchmark which had an annualized return of 11.73%.


SOXL

YTD

-6.41%

1M

-17.45%

6M

-45.57%

1Y

24.28%

5Y (annualized)

13.66%

10Y (annualized)

31.25%

^GSPC (Benchmark)

YTD

26.90%

1M

0.96%

6M

12.91%

1Y

31.46%

5Y (annualized)

14.06%

10Y (annualized)

11.73%

Monthly Returns

The table below presents the monthly returns of SOXL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20242.23%33.46%8.70%-17.95%27.27%14.25%-19.82%-12.62%-5.27%-17.97%-6.75%-6.41%
202350.15%0.90%25.10%-22.24%48.63%17.58%14.42%-16.02%-20.78%-21.04%53.09%37.97%226.98%
2022-34.45%-8.01%-5.42%-42.65%11.78%-47.24%51.37%-29.20%-36.69%0.68%54.93%-29.78%-85.66%
20217.40%15.90%-1.25%-3.43%5.09%14.85%-0.34%4.87%-13.99%19.01%35.72%5.19%118.84%
2020-11.36%-15.85%-53.73%38.28%17.63%22.19%20.35%17.92%-5.21%-1.67%63.07%14.92%70.04%
201927.74%19.08%8.71%36.73%-43.63%40.10%16.19%-10.07%10.05%16.48%11.69%24.23%231.82%
201826.11%-2.87%-9.53%-20.23%35.52%-14.18%11.11%6.86%-7.71%-34.97%6.32%-21.77%-39.07%
201712.27%8.08%13.03%-2.40%26.71%-15.86%14.32%7.38%15.20%28.37%-1.53%-5.27%141.70%
2016-23.39%3.17%27.65%-14.10%26.85%-5.30%34.73%14.59%11.81%-4.86%21.72%7.39%123.48%
2015-14.86%30.88%-9.44%-4.11%26.97%-24.13%-15.31%-17.29%-6.40%30.83%6.64%-6.85%-20.57%
2014-4.29%21.10%12.39%-6.79%13.27%19.12%-13.71%20.75%-3.52%-2.79%22.17%-0.13%95.34%
201323.54%12.37%3.99%4.37%18.17%-2.01%5.78%-12.11%22.97%9.10%2.17%15.44%156.64%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SOXL is 14, indicating that it is in the bottom 14% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of SOXL is 1414
Overall Rank
The Sharpe Ratio Rank of SOXL is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of SOXL is 1616
Sortino Ratio Rank
The Omega Ratio Rank of SOXL is 1717
Omega Ratio Rank
The Calmar Ratio Rank of SOXL is 1717
Calmar Ratio Rank
The Martin Ratio Rank of SOXL is 99
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Direxion Daily Semiconductor Bull 3x Shares (SOXL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for SOXL, currently valued at 0.27, compared to the broader market0.002.004.000.272.62
The chart of Sortino ratio for SOXL, currently valued at 1.05, compared to the broader market-2.000.002.004.006.008.0010.0012.001.053.48
The chart of Omega ratio for SOXL, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.001.141.48
The chart of Calmar ratio for SOXL, currently valued at 0.40, compared to the broader market0.005.0010.0015.000.403.77
The chart of Martin ratio for SOXL, currently valued at 0.79, compared to the broader market0.0020.0040.0060.0080.00100.000.7916.74
SOXL
^GSPC

The current Direxion Daily Semiconductor Bull 3x Shares Sharpe ratio is 0.27. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Direxion Daily Semiconductor Bull 3x Shares with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.27
2.62
SOXL (Direxion Daily Semiconductor Bull 3x Shares)
Benchmark (^GSPC)

Dividends

Dividend History

Direxion Daily Semiconductor Bull 3x Shares provided a 1.05% dividend yield over the last twelve months, with an annual payout of $0.31 per share. The fund has been increasing its distributions for 3 consecutive years.


0.00%1.00%2.00%3.00%4.00%5.00%$0.00$0.05$0.10$0.15$0.202014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020201920182017201620152014
Dividend$0.31$0.16$0.10$0.03$0.01$0.07$0.07$0.01$0.18$0.00$0.00

Dividend yield

1.05%0.51%1.08%0.04%0.05%0.38%1.30%0.09%4.84%0.00%0.00%

Monthly Dividends

The table displays the monthly dividend distributions for Direxion Daily Semiconductor Bull 3x Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.04$0.00$0.00$0.15$0.00$0.00$0.06$0.00$0.00$0.00$0.24
2023$0.00$0.00$0.03$0.00$0.00$0.04$0.00$0.00$0.03$0.00$0.00$0.06$0.16
2022$0.00$0.00$0.01$0.00$0.00$0.02$0.00$0.00$0.04$0.00$0.00$0.04$0.10
2021$0.00$0.00$0.02$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.03
2020$0.00$0.00$0.01$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.01
2019$0.00$0.00$0.02$0.00$0.00$0.01$0.00$0.00$0.02$0.00$0.00$0.02$0.07
2018$0.00$0.00$0.00$0.00$0.00$0.02$0.00$0.00$0.03$0.00$0.00$0.02$0.07
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.01
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.18$0.18
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2014$0.00$0.00

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-59.12%
-0.61%
SOXL (Direxion Daily Semiconductor Bull 3x Shares)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Daily Semiconductor Bull 3x Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Direxion Daily Semiconductor Bull 3x Shares was 90.46%, occurring on Oct 14, 2022. The portfolio has not yet recovered.

The current Direxion Daily Semiconductor Bull 3x Shares drawdown is 59.12%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-90.46%Dec 28, 2021202Oct 14, 2022
-80.38%Feb 20, 202022Mar 20, 2020160Nov 5, 2020182
-72.61%Feb 18, 2011157Oct 3, 2011594Feb 13, 2014751
-66.51%Mar 13, 2018199Dec 24, 201882Apr 24, 2019281
-62.93%Jun 2, 2015177Feb 11, 2016132Aug 19, 2016309

Volatility

Volatility Chart

The current Direxion Daily Semiconductor Bull 3x Shares volatility is 20.99%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
20.99%
2.24%
SOXL (Direxion Daily Semiconductor Bull 3x Shares)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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