Direxion Daily Semiconductor Bull 3X ETF (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 a closer substitute for your current allocation.
Cheapest Alternatives to SOXL
SOXL charges 0.75% annually. There are 3 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 39.20M | Mar 2026 | SOXL vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.90M | Sep 2021 | SOXL vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 253.77M | May 2014 | SOXL vs SPUU | |
| Leverage Shares 2X Long CRM Daily ETF | 0.75% | 54.23M | Apr 2025 | SOXL vs CRMG | |
| Leverage Shares 2X Long COIN Daily ETF | 0.75% | 8.08M | Mar 2025 | SOXL vs COIG |
Best Risk-Adjusted Alternatives to SOXL
SOXL has a PortfoliosLab risk / return rank of 95. There are 9 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long MU Daily ETF | 98 | 1.10B | Nov 2024 | SOXL vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.70M | Apr 2021 | SOXL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.30M | Apr 2021 | SOXL vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 97 | 587.09M | Feb 2025 | SOXL vs INTW | |
| GraniteShares 2x Long DELL Daily ETF | 96 | 124.87M | Feb 2025 | SOXL vs DLLL |
Top Performing SOXL Alternatives (YTD)
SOXL is at 357.89% YTD. There are 9 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 835.61%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 835.61% | 124.87M | Feb 2025 | SOXL vs DLLL | |
| GraniteShares 2x Long MU Daily ETF | 638.10% | 1.10B | Nov 2024 | SOXL vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 493.39% | 121.06M | Nov 2025 | SOXL vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 492.72% | 587.09M | Feb 2025 | SOXL vs INTW | |
| Leverage Shares 2X Long ARM Daily ETF | 477.37% | 101.72M | Jan 2025 | SOXL vs ARMG |
Lowest Volatility Alternatives to SOXL
SOXL has 122.82% 1-year volatility. There are 293 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.77% | 22.70M | Apr 2021 | SOXL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.18% | 20.30M | Apr 2021 | SOXL vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.37% | 13.30M | Jul 2021 | SOXL vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.36% | 21.57M | Jul 2021 | SOXL vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.52% | 68.58M | Apr 2021 | SOXL vs XDSQ |
Lowest Drawdown Alternatives to SOXL
SOXL has a 1-year max drawdown of -45.05%. There are 131 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.70M | Apr 2021 | SOXL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.30M | Apr 2021 | SOXL vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.30M | Jul 2021 | SOXL vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 21.57M | Jul 2021 | SOXL vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.58M | Apr 2021 | SOXL vs XDSQ |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SPXL, TECL, TMF and span 9 categories. AUM among these funds goes as high as $7B.
Often Compared With SOXL
Investors most often compare SOXL with TQQQ, SOXX, USD. These 20 comparison targets span 8 categories, 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.
Pair SOXL with funds that move differently
Direxion Daily Semiconductor Bull 3X ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SOXL.
Explore SOXL Diversifiers