AMRC vs. SOXL
Compare and contrast key facts about Ameresco, Inc. (AMRC) 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: AMRC or SOXL.
Correlation
The correlation between AMRC and SOXL is 0.38, 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
AMRC vs. SOXL - Performance Comparison
Key characteristics
AMRC:
-0.59
SOXL:
-0.60
AMRC:
-0.51
SOXL:
-0.67
AMRC:
0.94
SOXL:
0.91
AMRC:
-0.54
SOXL:
-0.86
AMRC:
-1.39
SOXL:
-1.52
AMRC:
35.56%
SOXL:
50.25%
AMRC:
84.05%
SOXL:
127.42%
AMRC:
-90.48%
SOXL:
-90.46%
AMRC:
-89.55%
SOXL:
-86.86%
Returns By Period
In the year-to-date period, AMRC achieves a -56.60% return, which is significantly higher than SOXL's -65.69% return. Over the past 10 years, AMRC has underperformed SOXL with an annualized return of 3.27%, while SOXL has yielded a comparatively higher 16.31% annualized return.
AMRC
-56.60%
-11.85%
-70.73%
-47.58%
-10.32%
3.27%
SOXL
-65.69%
-54.94%
-72.74%
-76.72%
2.33%
16.31%
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Risk-Adjusted Performance
AMRC vs. SOXL — Risk-Adjusted Performance Rank
AMRC
SOXL
AMRC vs. SOXL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ameresco, Inc. (AMRC) 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
AMRC vs. SOXL - Dividend Comparison
AMRC has not paid dividends to shareholders, while SOXL's dividend yield for the trailing twelve months is around 3.76%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMRC Ameresco, Inc. | 0.00% | 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 | 3.76% | 1.18% | 0.51% | 1.08% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% | 0.00% | 0.00% |
Drawdowns
AMRC vs. SOXL - Drawdown Comparison
The maximum AMRC drawdown since its inception was -90.48%, roughly equal to the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for AMRC and SOXL. For additional features, visit the drawdowns tool.
Volatility
AMRC vs. SOXL - Volatility Comparison
The current volatility for Ameresco, Inc. (AMRC) is 25.66%, while Direxion Daily Semiconductor Bull 3x Shares (SOXL) has a volatility of 72.87%. This indicates that AMRC 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.