Direxion Daily Semiconductor Bull 3x Shares (SOXL) Alternatives
Direxion Daily Semiconductor Bull 3x Shares (SOXL) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SOXL. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to SOXL
SOXL charges 0.99% annually. Among ETFs in the Leveraged Equities category, these options have the lowest expense ratios among SOXL alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | Sep 14, 2021 | SOXL vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | May 28, 2014 | SOXL vs SPUU | |
| Leverage Shares 2X Long TSM Daily ETF | 0.75% | Jan 14, 2025 | SOXL vs TSMG | |
| Volatility Shares One+One Nasdaq-100® and Bitcoin ... | 0.75% | Feb 18, 2025 | SOXL vs OOQB | |
| Leverage Shares 2X Long ARM Daily ETF | 0.75% | Jan 14, 2025 | SOXL vs ARMG |
Best Risk-Adjusted Alternatives to SOXL
Among ETFs in the Leveraged Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | Oct 9, 2024 | SOXL vs MUU | |
| Direxion Daily South Korea Bull 3X Shares | 98 | Apr 10, 2013 | SOXL vs KORU | |
| GraniteShares 2x Long MU Daily ETF | 98 | Nov 11, 2024 | SOXL vs MULL | |
| Direxion Daily GOOGL Bull 2X Shares | 96 | Sep 6, 2022 | SOXL vs GGLL | |
| Leverage Shares 2X Long TSM Daily ETF | 95 | Jan 14, 2025 | SOXL vs TSMG |
Top Performing SOXL Alternatives (YTD)
SOXL alternatives from the Leveraged Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 139.49% | Apr 9, 2019 | SOXL vs NRGU | |
| Leverage Shares 2X Long TER Daily ETF | 124.98% | Nov 17, 2025 | SOXL vs TERG | |
| MicroSectors Energy 3X Leveraged ETN | 113.23% | Feb 16, 2023 | SOXL vs WTIU | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | 87.03% | Apr 1, 2020 | SOXL vs GUSH | |
| Leverage Shares 2X Long ARM Daily ETF | 78.95% | Jan 14, 2025 | SOXL vs ARMG |
Lowest Volatility Alternatives to SOXL
SOXL alternatives from the Leveraged Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 14.34% | Apr 1, 2021 | SOXL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 16.38% | Apr 1, 2021 | SOXL vs QTAP | |
| Roundhill BRKB WeeklyPay ETF | 17.90% | Jun 17, 2025 | SOXL vs BRKW | |
| Innovator US Equity Accelerated ETF | 17.99% | Apr 1, 2021 | SOXL vs XDSQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 18.18% | Jul 1, 2021 | SOXL vs XTJL |
Lowest Drawdown Alternatives to SOXL
SOXL alternatives from the Leveraged Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -11.83% | Apr 1, 2021 | SOXL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -12.04% | Apr 1, 2021 | SOXL vs QTAP | |
| Innovator US Equity Accelerated ETF | -12.18% | Apr 1, 2021 | SOXL vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | -12.64% | Apr 1, 2021 | SOXL vs XDQQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -13.81% | Jul 1, 2021 | SOXL vs XTJL |
Other ETFs from Direxion
Most popular Direxion ETFs on PortfoliosLab, across asset classes.
Often Compared With SOXL
What investors most often compare with SOXL, based on PortfoliosLab usage data.
Compare SOXL with Any Fund or Stock
Compare SOXL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.