5QQE.L vs. SOXL.L
5QQE.L (Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR) and SOXL.L (Leverage Shares 4x Long Semiconductors ETP Securities) are both exchange-traded funds - 5QQE.L is a Nasdaq-100 fund actively managed by Leverage Shares, while SOXL.L is a Leveraged Equities fund tracking the NYSE Semiconductor Index. 5QQE.L is actively managed, while SOXL.L is passively managed. Over the past year, 5QQE.L returned 194.93% vs 2048.32% for SOXL.L. Their correlation of 0.84 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.
Performance
5QQE.L vs. SOXL.L - Performance Comparison
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Different Trading Currencies
5QQE.L is traded in EUR, while SOXL.L is traded in USD. To make them comparable, the SOXL.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 5QQE.L achieves a 94.22% return, which is significantly lower than SOXL.L's 808.73% return.
5QQE.L
- 1D
- -3.82%
- 1M
- 35.39%
- YTD
- 94.22%
- 6M
- 77.17%
- 1Y
- 194.93%
- 3Y*
- 69.77%
- 5Y*
- —
- 10Y*
- —
SOXL.L
- 1D
- -9.87%
- 1M
- 81.00%
- YTD
- 808.73%
- 6M
- 695.12%
- 1Y
- 2,048.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
5QQE.L vs. SOXL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
5QQE.L Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR | 94.22% | -9.64% | 36.56% |
SOXL.L Leverage Shares 4x Long Semiconductors ETP Securities | 808.73% | -1.81% | -58.14% |
Correlation
The correlation between 5QQE.L and SOXL.L is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024 | 0.84 |
The correlation between 5QQE.L and SOXL.L has been stable across timeframes, ranging from 0.81 to 0.84 - a consistent structural relationship.
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Return for Risk
5QQE.L vs. SOXL.L — Risk / Return Rank
5QQE.L
SOXL.L
5QQE.L vs. SOXL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR (5QQE.L) and Leverage Shares 4x Long Semiconductors ETP Securities (SOXL.L). 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.
| 5QQE.L | SOXL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -13.03 | ||
| Sortino ratioReturn per unit of downside risk | -2.20 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.62 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 3.64 | 42.05 | -38.42 |
| Martin ratioReturn relative to average drawdown | 9.85 | 125.74 | -115.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 5QQE.L | SOXL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.64 | 15.67 | -13.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | 0.60 | -0.65 |
Drawdowns
5QQE.L vs. SOXL.L - Drawdown Comparison
The maximum 5QQE.L drawdown since its inception was -96.05%, roughly equal to the maximum SOXL.L drawdown of -95.87%. Use the drawdown chart below to compare losses from any high point for 5QQE.L and SOXL.L.
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Drawdown Indicators
| 5QQE.L | SOXL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.05% | -95.87% | -0.18% |
Max Drawdown (1Y)Largest decline over 1 year | -56.03% | -50.49% | -5.54% |
Max Drawdown (3Y)Largest decline over 3 years | -80.97% | — | — |
Current DrawdownCurrent decline from peak | -31.31% | -9.87% | -21.44% |
Average DrawdownAverage peak-to-trough decline | -74.99% | -61.66% | -13.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.72% | 16.92% | +3.80% |
Volatility
5QQE.L vs. SOXL.L - Volatility Comparison
The current volatility for Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR (5QQE.L) is 24.60%, while Leverage Shares 4x Long Semiconductors ETP Securities (SOXL.L) has a volatility of 56.87%. This indicates that 5QQE.L experiences smaller price fluctuations and is considered to be less risky than SOXL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 5QQE.L | SOXL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.60% | 56.87% | -32.27% |
Volatility (6M)Calculated over the trailing 6-month period | 56.93% | 103.65% | -46.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 77.27% | 135.60% | -58.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 108.77% | 137.63% | -28.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 108.77% | 137.63% | -28.86% |
5QQE.L vs. SOXL.L - Expense Ratio Comparison
Both 5QQE.L and SOXL.L have an expense ratio of 0.75%.
Dividends
5QQE.L vs. SOXL.L - Dividend Comparison
Neither 5QQE.L nor SOXL.L has paid dividends to shareholders.
Frequently Asked Questions
5QQE.L and SOXL.L have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
5QQE.L and SOXL.L have the same expense ratio: 0.75% per year.
5QQE.L is categorized as Nasdaq-100, while SOXL.L is Leveraged Equities.
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