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:
-0.54
SOXL:
-0.42
AMRC:
-0.38
SOXL:
-0.03
AMRC:
0.95
SOXL:
1.00
AMRC:
-0.48
SOXL:
-0.64
AMRC:
-1.68
SOXL:
-1.02
AMRC:
24.96%
SOXL:
43.38%
AMRC:
78.56%
SOXL:
104.69%
AMRC:
-87.90%
SOXL:
-90.46%
AMRC:
-87.90%
SOXL:
-68.12%
Returns By Period
In the year-to-date period, AMRC achieves a -49.74% return, which is significantly lower than SOXL's -16.77% return. Over the past 10 years, AMRC has underperformed SOXL with an annualized return of 5.72%, while SOXL has yielded a comparatively higher 25.62% annualized return.
AMRC
-49.74%
-47.86%
-61.25%
-39.61%
-12.16%
5.72%
SOXL
-16.77%
-15.88%
-41.13%
-52.58%
11.61%
25.62%
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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 1.41%.
| 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 | 1.41% | 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 -87.90%, 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
Ameresco, Inc. (AMRC) has a higher volatility of 45.12% compared to Direxion Daily Semiconductor Bull 3x Shares (SOXL) at 28.56%. This indicates that AMRC's price experiences larger fluctuations and is considered to be riskier than SOXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.