0981.HK vs. SOXL
Compare and contrast key facts about Semiconductor Manufacturing International Corp (0981.HK) and Direxion Daily Semiconductor Bull 3x Shares (SOXL).
SOXL is a passively managed fund by Direxion that tracks the performance of the PHLX Semiconductor Index (300%). It was launched on Mar 11, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0981.HK or SOXL.
Key characteristics
0981.HK | SOXL | |
---|---|---|
YTD Return | 48.54% | 4.93% |
1Y Return | 35.32% | 60.30% |
3Y Return (Ann) | 9.55% | -19.26% |
5Y Return (Ann) | 23.98% | 17.22% |
10Y Return (Ann) | 13.48% | 34.32% |
Sharpe Ratio | 0.37 | 0.79 |
Sortino Ratio | 1.12 | 1.56 |
Omega Ratio | 1.14 | 1.20 |
Calmar Ratio | 0.34 | 1.10 |
Martin Ratio | 0.77 | 2.62 |
Ulcer Index | 29.64% | 30.34% |
Daily Std Dev | 62.66% | 100.72% |
Max Drawdown | -95.27% | -90.46% |
Current Drawdown | -29.68% | -54.17% |
Correlation
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.
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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.
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%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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.
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.