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Direxion Daily Semiconductor Bear 3x Shares (SOXS)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US25460E1828

CUSIP

25460E182

Issuer

Direxion

Inception Date

Mar 11, 2010

Region

North America (U.S.)

Leveraged

3x

Index Tracked

PHLX Semiconductor Index (-300%)

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

SOXS has a high expense ratio of 1.08%, indicating above-average management fees.


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.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Direxion Daily Semiconductor Bear 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.


-100.00%0.00%100.00%200.00%300.00%400.00%December2025FebruaryMarchAprilMay
-100.00%
392.41%
SOXS (Direxion Daily Semiconductor Bear 3x Shares)
Benchmark (^GSPC)

Returns By Period

Direxion Daily Semiconductor Bear 3x Shares (SOXS) returned -25.97% year-to-date (YTD) and -48.92% over the past 12 months. Over the past 10 years, SOXS returned -66.84% annually, underperforming the S&P 500 benchmark at 10.43%.


SOXS

YTD

-25.97%

1M

-64.91%

6M

-10.49%

1Y

-48.92%

5Y*

-71.85%

10Y*

-66.84%

^GSPC (Benchmark)

YTD

-3.70%

1M

13.67%

6M

-5.18%

1Y

9.18%

5Y*

14.14%

10Y*

10.43%

*Annualized

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-8.28%10.92%27.86%-34.94%-12.51%-25.97%
2024-8.08%-28.97%-14.55%13.93%-24.69%-16.69%3.22%-5.72%-7.28%13.98%2.47%-3.73%-59.55%
2023-39.08%-8.85%-25.04%25.43%-40.01%-18.49%-16.41%11.64%23.41%21.07%-37.68%-30.39%-84.56%
202231.87%-5.32%-12.32%50.19%-27.65%62.56%-40.90%23.11%47.02%-16.03%-49.47%31.92%15.76%
2021-13.77%-22.88%-18.11%-2.56%-11.66%-15.93%-3.54%-7.62%12.38%-18.79%-31.48%-13.20%-80.94%
20206.78%7.82%-28.33%-46.17%-24.71%-24.43%-21.62%-17.77%-4.71%-4.74%-43.32%-15.26%-92.90%
2019-30.93%-17.67%-12.18%-28.92%64.67%-33.02%-17.49%1.79%-12.17%-18.79%-12.27%-21.30%-83.81%
2018-24.12%-6.31%2.94%16.42%-28.13%13.48%-12.50%-7.99%5.98%36.86%-13.58%14.98%-19.39%
2017-12.80%-8.94%-12.85%0.54%-24.03%13.34%-14.46%-9.78%-15.25%-23.11%-1.91%3.58%-69.39%
20160.00%0.00%0.00%0.00%0.00%0.00%0.00%-8.86%-13.69%3.29%-20.95%-11.28%-43.01%
20150.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
20140.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SOXS is 14, meaning it’s performing worse than 86% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of SOXS is 1414
Overall Rank
The Sharpe Ratio Rank of SOXS is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of SOXS is 2727
Sortino Ratio Rank
The Omega Ratio Rank of SOXS is 2727
Omega Ratio Rank
The Calmar Ratio Rank of SOXS is 33
Calmar Ratio Rank
The Martin Ratio Rank of SOXS is 44
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 Bear 3x Shares (SOXS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Direxion Daily Semiconductor Bear 3x Shares Sharpe ratios as of May 9, 2025 (values are recalculated daily):

  • 1-Year: -0.38
  • 5-Year: -0.67
  • 10-Year: -0.71
  • All Time: -0.68

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Direxion Daily Semiconductor Bear 3x Shares compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2025FebruaryMarchAprilMay
-0.38
0.48
SOXS (Direxion Daily Semiconductor Bear 3x Shares)
Benchmark (^GSPC)

Dividends

Dividend History

Direxion Daily Semiconductor Bear 3x Shares provided a 6.04% dividend yield over the last twelve months, with an annual payout of $1.00 per share.


0.00%2.00%4.00%6.00%8.00%10.00%$0.00$200.00$400.00$600.00$800.00$1,000.00$1,200.002018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021202020192018
Dividend$1.00$1.22$5.36$0.74$0.00$63.60$586.80$1,200.00

Dividend yield

6.04%5.43%9.21%0.19%0.00%3.55%2.32%0.76%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.19$0.00$0.00$0.19
2024$0.00$0.00$0.41$0.00$0.00$0.28$0.00$0.00$0.23$0.00$0.00$0.30$1.22
2023$0.00$0.00$1.88$0.00$0.00$1.19$0.00$0.00$1.59$0.00$0.00$0.70$5.36
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.74$0.74
2021$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
2020$0.00$0.00$63.60$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$63.60
2019$0.00$0.00$204.00$0.00$0.00$0.00$0.00$0.00$306.00$0.00$0.00$76.80$586.80
2018$156.00$0.00$0.00$96.00$0.00$0.00$240.00$0.00$0.00$708.00$1,200.00

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.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%December2025FebruaryMarchAprilMay
-100.00%
-7.82%
SOXS (Direxion Daily Semiconductor Bear 3x Shares)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Daily Semiconductor Bear 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 Bear 3x Shares was 100.00%, occurring on May 8, 2025. The portfolio has not yet recovered.

The current Direxion Daily Semiconductor Bear 3x Shares drawdown is 100.00%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-100%Aug 12, 20162197May 8, 2025

Volatility

Volatility Chart

The current Direxion Daily Semiconductor Bear 3x Shares volatility is 89.18%, 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%20.00%40.00%60.00%80.00%100.00%December2025FebruaryMarchAprilMay
89.18%
11.21%
SOXS (Direxion Daily Semiconductor Bear 3x Shares)
Benchmark (^GSPC)