AMDD vs. SOXX
AMDD (Direxion Daily AMD Bear 1X Shares) and SOXX (iShares Semiconductor ETF) are both exchange-traded funds - AMDD is a Inverse Equities fund actively managed by Direxion, while SOXX is a Semiconductors fund tracking the NYSE Semiconductor Index. AMDD is actively managed, while SOXX is passively managed. Over the past year, AMDD returned -77.50% vs 114.99% for SOXX. Their -0.79 correlation means they have often moved in opposite directions in the past. AMDD charges 0.97%/yr vs 0.34%/yr for SOXX.
Performance
AMDD vs. SOXX - Performance Comparison
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Returns By Period
In the year-to-date period, AMDD achieves a -67.52% return, which is significantly lower than SOXX's 68.76% return.
AMDD
- 1D
- -1.64%
- 1M
- 1.07%
- 6M
- -61.99%
- YTD
- -67.52%
- 1Y
- -77.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -75.52%
SOXX
- 1D
- 0.55%
- 1M
- -10.35%
- 6M
- 44.10%
- YTD
- 68.76%
- 1Y
- 114.99%
- 3Y*
- 44.68%
- 5Y*
- 27.63%
- 10Y*
- 31.96%
- ALL TIME*
- 13.85%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $19.29M | $38.66M | $56.16M | |
| $6.22B | $5.65B | $5.89B |
AMDD vs. SOXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AMDD Direxion Daily AMD Bear 1X Shares | -67.52% | -61.12% |
SOXX iShares Semiconductor ETF | 68.76% | 37.92% |
Correlation
The correlation between AMDD and SOXX is -0.80, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.80 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 2025 | -0.79 |
The correlation between AMDD and SOXX has been stable across timeframes, ranging from -0.80 to -0.79 - a consistent structural relationship.
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Return for Risk
AMDD vs. SOXX — Risk / Return Rank
AMDD
SOXX
AMDD vs. SOXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AMD Bear 1X Shares (AMDD) and iShares Semiconductor ETF (SOXX). 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.
| AMDD | SOXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.70 | ||
| Sortino ratioReturn per unit of downside risk | -5.00 | ||
| Omega ratioGain probability vs. loss probability | 0.74 | 1.39 | -0.66 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | 3.99 | -4.93 |
| Martin ratioReturn relative to average drawdown | -1.52 | 16.43 | -17.95 |
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Drawdowns
AMDD vs. SOXX - Drawdown Comparison
The maximum AMDD drawdown since its inception was -91.84%, which is greater than SOXX's maximum drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for AMDD and SOXX.
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Drawdown Indicators
| AMDD | SOXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.84% | -70.21% | -21.63% |
Max Drawdown (1Y)Largest decline over 1 year | -82.18% | -29.01% | -53.17% |
Max Drawdown (3Y)Largest decline over 3 years | — | -41.36% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -45.75% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.75% | — |
Current DrawdownCurrent decline from peak | -90.79% | -22.49% | -68.30% |
Average DrawdownAverage peak-to-trough decline | -59.97% | -19.92% | -40.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.11% | 7.02% | +44.09% |
Volatility
AMDD vs. SOXX - Volatility Comparison
Direxion Daily AMD Bear 1X Shares (AMDD) has a higher volatility of 25.42% compared to iShares Semiconductor ETF (SOXX) at 17.11%. This indicates that AMDD's price experiences larger fluctuations and is considered to be riskier than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMDD | SOXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.42% | 17.11% | +8.31% |
Volatility (6M)Calculated over the trailing 6-month period | 57.49% | 38.66% | +18.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.65% | 44.40% | +27.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.16% | 38.25% | +29.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.16% | 34.55% | +33.61% |
AMDD vs. SOXX - Expense Ratio Comparison
AMDD has a 0.97% expense ratio, which is higher than SOXX's 0.34% expense ratio.
Dividends
AMDD vs. SOXX - Dividend Comparison
AMDD's dividend yield for the trailing twelve months is around 13.33%, more than SOXX's 0.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMDD Direxion Daily AMD Bear 1X Shares | 13.33% | 5.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SOXX iShares Semiconductor ETF | 0.29% | 0.57% | 0.67% | 0.78% | 1.26% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% |
Frequently Asked Questions
AMDD and SOXX have a correlation of -0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMDD has higher volatility (25.42%) compared to SOXX (17.11%). In terms of maximum drawdown, AMDD dropped -91.84% vs SOXX's -70.21%.
On 1-year performance, SOXX leads with 114.99% vs -77.50% for AMDD. On fees, SOXX is cheaper at 0.34% per year. On volatility, SOXX has been the lower-risk option at 17.11%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SOXX has performed better with a 114.99% return vs -77.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SOXX is cheaper with a 0.34% expense ratio, compared with 0.97% for AMDD.
AMDD has the higher dividend yield at 13.33%, compared with 0.29% for SOXX.
AMDD is categorized as Inverse Equities, while SOXX is Semiconductors. They also come from different issuers: Direxion and iShares. Their fees differ too: 0.97% for AMDD and 0.34% for SOXX.
SOXX currently has the higher Sharpe Ratio (2.61 vs -1.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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