Direxion Daily Semiconductor Bear 3x Shares (SOXS) belongs to the Inverse Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SOXS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SOXS
SOXS charges 1.08% annually. There are 49 ETFs in the Inverse Equities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | 221.57M | Jun 2016 | SOXS vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 32.11M | Mar 2024 | SOXS vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.03M | Nov 2017 | SOXS vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 47.36M | Nov 2021 | SOXS vs SARK | |
| ProShares Short S&P500 | 0.89% | 1.09B | Jun 2006 | SOXS vs SH |
Best Risk-Adjusted Alternatives to SOXS
SOXS has a PortfoliosLab risk / return rank of 1. There are 43 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 48.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 48 | 4.56M | Oct 2024 | SOXS vs NFXS | |
| -1x Short VIX Futures ETF | 34 | 215.09M | Mar 2022 | SOXS vs SVIX | |
| Direxion Daily MSFT Bear 1X Shares | 30 | 8.89M | Sep 2022 | SOXS vs MSFD | |
| T-REX 2X Inverse MSTR Daily Target ETF | 30 | 92.68M | Sep 2024 | SOXS vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 27 | 33.15M | Aug 2024 | SOXS vs SMST |
Top Performing SOXS Alternatives (YTD)
SOXS is at -94.69% YTD. There are 77 ETFs in the Inverse Equities category with higher YTD returns, going as high as 42.40%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Defiance Daily Target 2X Short PLTR ETF | 42.40% | 16.93M | Jun 2025 | SOXS vs PLTZ | |
| Direxion Daily PLTR Bear 1X Shares | 33.88% | 40.54M | Dec 2024 | SOXS vs PLTD | |
| Direxion Daily MSFT Bear 1X Shares | 28.14% | 8.89M | Sep 2022 | SOXS vs MSFD | |
| Direxion Daily NFLX Bear 1X Shares | 24.10% | 4.56M | Oct 2024 | SOXS vs NFXS | |
| ProShares Short FTSE China 50 | 14.28% | 4.77M | Mar 2010 | SOXS vs YXI |
Lowest Volatility Alternatives to SOXS
SOXS has 115.12% 1-year volatility. There are 61 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.40%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short S&P500 | 12.40% | 1.09B | Jun 2006 | SOXS vs SH | |
| ProShares Short Dow30 | 12.47% | 112.04M | Jun 2006 | SOXS vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.59% | 221.57M | Jun 2016 | SOXS vs SPDN | |
| Direxion Daily BRKB Bear 1X Shares | 13.04% | 2.34M | Dec 2024 | SOXS vs BRKD | |
| Gotham Short Strategies ETF | 13.47% | 12.30M | Jul 2017 | SOXS vs SHRT |
Lowest Drawdown Alternatives to SOXS
SOXS has a 1-year max drawdown of -98.17%. There are 62 ETFs in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | SOXS vs BRKD | |
| ProShares Short Financials | -11.14% | 14.07M | Jun 2008 | SOXS vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 67.03M | Jan 2011 | SOXS vs HDGE | |
| ProShares Short FTSE China 50 | -13.05% | 4.77M | Mar 2010 | SOXS vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.03M | Nov 2017 | SOXS vs EMTY |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TECL and span 8 categories. AUM among these funds goes as high as $28B.
Often Compared With SOXS
Investors most often compare SOXS with SOXX, SQQQ, SSG. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare SOXS with Any Fund or Stock
Compare SOXS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SOXS with funds that move differently
Direxion Daily Semiconductor Bear 3x Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SOXS.
Explore SOXS Diversifiers