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 52 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% | 233.44M | Jun 2016 | SOXS vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 34.08M | Mar 2024 | SOXS vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | SOXS vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 41.67M | Nov 2021 | SOXS vs SARK | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | SOXS vs SKRE |
Best Risk-Adjusted Alternatives to SOXS
SOXS has a PortfoliosLab risk / return rank of 1. There are 56 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 68.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | 68 | 96.16M | Sep 2024 | SOXS vs MSTZ | |
| Direxion Daily NFLX Bear 1X Shares | 60 | 5.10M | Oct 2024 | SOXS vs NFXS | |
| Defiance Daily Target 2X Short MSTR ETF | 53 | 30.06M | Aug 2024 | SOXS vs SMST | |
| YieldMax Short COIN Option Income Strategy ETF | 37 | 35.08M | Jul 2024 | SOXS vs FIAT | |
| Direxion Daily MSFT Bear 1X Shares | 32 | 11.03M | Sep 2022 | SOXS vs MSFD |
Top Performing SOXS Alternatives (YTD)
SOXS is at -92.43% YTD. There are 79 ETFs in the Inverse Equities category with higher YTD returns, going as high as 24.63%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily PLTR Bear 1X Shares | 24.63% | 40.54M | Dec 2024 | SOXS vs PLTD | |
| Direxion Daily NFLX Bear 1X Shares | 22.86% | 5.10M | Oct 2024 | SOXS vs NFXS | |
| Direxion Daily MSFT Bear 1X Shares | 19.79% | 11.03M | Sep 2022 | SOXS vs MSFD | |
| Direxion Daily ORCL Bear 1X ETF | 18.11% | 11.74M | Nov 2025 | SOXS vs ORCS | |
| ProShares Short FTSE China 50 | 14.77% | 4.73M | Mar 2010 | SOXS vs YXI |
Lowest Volatility Alternatives to SOXS
SOXS has 125.48% 1-year volatility. There are 66 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.36%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short Dow30 | 12.36% | 98.54M | Jun 2006 | SOXS vs DOG | |
| Direxion Daily BRKB Bear 1X Shares | 12.50% | 2.34M | Dec 2024 | SOXS vs BRKD | |
| ProShares Short S&P500 | 12.51% | 869.15M | Jun 2006 | SOXS vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.73% | 233.44M | Jun 2016 | SOXS vs SPDN | |
| YieldMax Short N100 Option Income Strategy ETF | 13.92% | 14.88M | Aug 2024 | SOXS vs YQQQ |
Lowest Drawdown Alternatives to SOXS
SOXS has a 1-year max drawdown of -97.89%. There are 65 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 FTSE China 50 | -11.39% | 4.73M | Mar 2010 | SOXS vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.01M | Nov 2017 | SOXS vs EMTY | |
| ProShares Short Financials | -14.12% | 13.41M | Jun 2008 | SOXS vs SEF | |
| ProShares Short Dow30 | -15.02% | 98.54M | Jun 2006 | SOXS vs DOG |
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 $25B.
Often Compared With SOXS
Investors most often compare SOXS with SOXX, SQQQ, SSG. These 20 comparison targets span 9 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