ADBU vs. SOXL

Last updated Jun 24, 2026

ADBU (Direxion Daily ADBE Bull 2X ETF) and SOXL (Direxion Daily Semiconductor Bull 3X ETF) are both Leveraged Equities funds from Direxion - ADBU tracks the Adobe Inc. while SOXL tracks the ICE Semiconductor Index. Both are passively managed. At a correlation of -0.26, they often move in opposite directions. ADBU charges 0.97%/yr vs 0.75%/yr for SOXL.

Performance

ADBU vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily ADBE Bull 2X ETF (ADBU) and Direxion Daily Semiconductor Bull 3X ETF (SOXL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ADBU

• 1D: 2.24%
• 1M: -37.50%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXL

• 1D: -0.80%
• 1M: 20.47%
• YTD: 446.21%
• 6M: 419.27%
• 1Y: 858.82%
• 3Y*: 120.25%
• 5Y*: 42.22%
• 10Y*: 64.42%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ADBU vs. SOXL - Yearly Performance Comparison

	2026 (YTD)
ADBU Direxion Daily ADBE Bull 2X ETF	-36.55%
SOXL Direxion Daily Semiconductor Bull 3X ETF	317.70%

Correlation

The correlation between ADBU and SOXL is -0.26, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 25, 2026	-0.26

Return for Risk

ADBU vs. SOXL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADBU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SOXL

SOXL Risk / Return Rank: 96
SOXL Sharpe Ratio Rank: 99
SOXL Sortino Ratio Rank: 91
SOXL Omega Ratio Rank: 92
SOXL Calmar Ratio Rank: 99
SOXL Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ADBU vs. SOXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily ADBE Bull 2X ETF (ADBU) and Direxion Daily Semiconductor Bull 3X ETF (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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ADBU	SOXL	Difference
Sharpe ratio: Return per unit of total volatility	—	7.45	—
Sortino ratio: Return per unit of downside risk	—	3.87	—
Omega ratio: Gain probability vs. loss probability	—	1.56	—
Calmar ratio: Return relative to maximum drawdown	—	19.95	—
Martin ratio: Return relative to average drawdown	—	63.67	—

Drawdowns

ADBU vs. SOXL - Drawdown Comparison

The maximum ADBU drawdown since its inception was -50.89%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for ADBU and SOXL.

Drawdown Indicators

	ADBU	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-50.89%	-90.46%	+39.57%
Max Drawdown (1Y) Largest decline over 1 year	—	-43.47%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-87.88%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-90.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-90.46%	—
Current Drawdown Current decline from peak	-49.79%	-23.67%	-26.12%
Average Drawdown Average peak-to-trough decline	-12.57%	-34.95%	+22.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.60%	—

Volatility

Volatility by Period

	ADBU	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	68.18%	—
Volatility (6M) Calculated over the trailing 6-month period	—	99.65%	—
Volatility (1Y) Calculated over the trailing 1-year period	93.45%	116.81%	-23.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	93.45%	110.33%	-16.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.45%	100.60%	-7.15%

ADBU vs. SOXL - Expense Ratio Comparison

ADBU has a 0.97% expense ratio, which is higher than SOXL's 0.75% expense ratio.

Dividends

ADBU vs. SOXL - Dividend Comparison

Neither ADBU nor SOXL has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ADBU Direxion Daily ADBE Bull 2X ETF	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 ETF	0.00%	0.34%	1.18%	0.51%	1.07%	0.04%	0.05%	0.38%	1.30%	0.09%	4.84%

Frequently Asked Questions

Can I hold both ADBU and SOXL in my portfolio?

ADBU and SOXL have a correlation of -0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ADBU or SOXL?

On fees, SOXL is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ADBU or SOXL?

SOXL is cheaper with a 0.75% expense ratio, compared with 0.97% for ADBU.

Which ETF pays a higher dividend yield, ADBU or SOXL?

ADBU and SOXL have nearly identical dividend yields, around 0.00%.

What is the main difference between ADBU and SOXL?

ADBU tracks Adobe Inc., while SOXL tracks ICE Semiconductor Index. Their fees differ too: 0.97% for ADBU and 0.75% for SOXL.