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0981.HK vs. SOXL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


0981.HKSOXL
YTD Return48.54%4.93%
1Y Return35.32%60.30%
3Y Return (Ann)9.55%-19.26%
5Y Return (Ann)23.98%17.22%
10Y Return (Ann)13.48%34.32%
Sharpe Ratio0.370.79
Sortino Ratio1.121.56
Omega Ratio1.141.20
Calmar Ratio0.341.10
Martin Ratio0.772.62
Ulcer Index29.64%30.34%
Daily Std Dev62.66%100.72%
Max Drawdown-95.27%-90.46%
Current Drawdown-29.68%-54.17%

Correlation

-0.50.00.51.00.1

The correlation between 0981.HK and SOXL is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

0981.HK vs. SOXL - Performance Comparison

In the year-to-date period, 0981.HK achieves a 48.54% return, which is significantly higher than SOXL's 4.93% return. Over the past 10 years, 0981.HK has underperformed SOXL with an annualized return of 13.48%, while SOXL has yielded a comparatively higher 34.32% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%50.00%100.00%JuneJulyAugustSeptemberOctoberNovember
80.72%
-20.23%
0981.HK
SOXL

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Risk-Adjusted Performance

0981.HK vs. SOXL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Semiconductor Manufacturing International Corp (0981.HK) and Direxion Daily Semiconductor Bull 3x Shares (SOXL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


0981.HK
Sharpe ratio
The chart of Sharpe ratio for 0981.HK, currently valued at 0.52, compared to the broader market-4.00-2.000.002.004.000.52
Sortino ratio
The chart of Sortino ratio for 0981.HK, currently valued at 1.34, compared to the broader market-4.00-2.000.002.004.006.001.34
Omega ratio
The chart of Omega ratio for 0981.HK, currently valued at 1.17, compared to the broader market0.501.001.502.001.17
Calmar ratio
The chart of Calmar ratio for 0981.HK, currently valued at 0.48, compared to the broader market0.002.004.006.000.48
Martin ratio
The chart of Martin ratio for 0981.HK, currently valued at 1.23, compared to the broader market0.0010.0020.0030.001.23
SOXL
Sharpe ratio
The chart of Sharpe ratio for SOXL, currently valued at 0.37, compared to the broader market-4.00-2.000.002.004.000.37
Sortino ratio
The chart of Sortino ratio for SOXL, currently valued at 1.15, compared to the broader market-4.00-2.000.002.004.006.001.15
Omega ratio
The chart of Omega ratio for SOXL, currently valued at 1.15, compared to the broader market0.501.001.502.001.15
Calmar ratio
The chart of Calmar ratio for SOXL, currently valued at 0.52, compared to the broader market0.002.004.006.000.52
Martin ratio
The chart of Martin ratio for SOXL, currently valued at 1.20, compared to the broader market0.0010.0020.0030.001.20

0981.HK vs. SOXL - Sharpe Ratio Comparison

The current 0981.HK Sharpe Ratio is 0.37, which is lower than the SOXL Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of 0981.HK and SOXL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
0.52
0.37
0981.HK
SOXL

Dividends

0981.HK vs. SOXL - Dividend Comparison

0981.HK has not paid dividends to shareholders, while SOXL's dividend yield for the trailing twelve months is around 0.94%.


TTM2023202220212020201920182017201620152014
0981.HK
Semiconductor Manufacturing International Corp
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SOXL
Direxion Daily Semiconductor Bull 3x Shares
0.94%0.51%1.08%0.04%0.05%0.38%1.30%0.09%4.84%0.00%0.00%

Drawdowns

0981.HK vs. SOXL - Drawdown Comparison

The maximum 0981.HK drawdown since its inception was -95.27%, which is greater than SOXL's maximum drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for 0981.HK and SOXL. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-29.90%
-54.17%
0981.HK
SOXL

Volatility

0981.HK vs. SOXL - Volatility Comparison

The current volatility for Semiconductor Manufacturing International Corp (0981.HK) is 21.18%, while Direxion Daily Semiconductor Bull 3x Shares (SOXL) has a volatility of 29.67%. This indicates that 0981.HK experiences smaller price fluctuations and is considered to be less risky than SOXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%60.00%JuneJulyAugustSeptemberOctoberNovember
21.18%
29.67%
0981.HK
SOXL