AMZU vs. SOXS
AMZU (Direxion Daily AMZN Bull 2X Shares) and SOXS (Direxion Daily Semiconductor Bear 3x Shares) are both exchange-traded funds - AMZU is a Leveraged Equities fund tracking the Amazon.com, Inc. (200%), while SOXS is a Inverse Equities fund tracking the PHLX Semiconductor Index (-300%). Both are passively managed. Over the past 3 years, AMZU returned 26.76%/yr vs -84.46%/yr for SOXS. Their -0.49 correlation means they have often moved in opposite directions in the past. AMZU charges 0.99%/yr vs 1.08%/yr for SOXS.
Performance
AMZU vs. SOXS - Performance Comparison
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Returns By Period
In the year-to-date period, AMZU achieves a 20.75% return, which is significantly higher than SOXS's -91.17% return.
AMZU
- 1D
- 29.73%
- 1M
- 21.60%
- 6M
- 14.03%
- YTD
- 20.75%
- 1Y
- 28.33%
- 3Y*
- 26.76%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 17.69%
SOXS
- 1D
- 0.65%
- 1M
- 20.33%
- 6M
- -85.96%
- YTD
- -91.17%
- 1Y
- -96.46%
- 3Y*
- -84.46%
- 5Y*
- -78.46%
- 10Y*
- -78.06%
- ALL TIME*
- -70.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $124.23M | $117.55M | $117.81M | |
| $3.72B | $3.43B | $3.32B |
AMZU vs. SOXS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AMZU Direxion Daily AMZN Bull 2X Shares | 20.75% | -11.59% | 60.99% | 118.70% | -49.82% |
SOXS Direxion Daily Semiconductor Bear 3x Shares | -91.17% | -85.53% | -59.55% | -84.56% | -26.76% |
Correlation
The correlation between AMZU and SOXS is -0.37, 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. | -0.37 |
Correlation (3Y) Balances recent behavior with more history. | -0.47 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2022 | -0.49 |
The correlation between AMZU and SOXS shifts across timeframes, from -0.49 (all time) to -0.37 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AMZU vs. SOXS — Risk / Return Rank
AMZU
SOXS
AMZU vs. SOXS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AMZN Bull 2X Shares (AMZU) and Direxion Daily Semiconductor Bear 3x Shares (SOXS). 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.
| AMZU | SOXS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.83 | ||
| Sortino ratioReturn per unit of downside risk | +3.15 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 0.74 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.17 | -0.98 | +1.15 |
| Martin ratioReturn relative to average drawdown | 0.33 | -1.35 | +1.68 |
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Drawdowns
AMZU vs. SOXS - Drawdown Comparison
The maximum AMZU drawdown since its inception was -55.59%, smaller than the maximum SOXS drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for AMZU and SOXS.
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Drawdown Indicators
| AMZU | SOXS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.59% | -100.00% | +44.41% |
Max Drawdown (1Y)Largest decline over 1 year | -42.98% | -97.89% | +54.91% |
Max Drawdown (3Y)Largest decline over 3 years | -55.47% | -99.87% | +44.40% |
Max Drawdown (5Y)Largest decline over 5 years | — | -99.98% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -100.00% | — |
Current DrawdownCurrent decline from peak | -11.06% | -100.00% | +88.94% |
Average DrawdownAverage peak-to-trough decline | -22.09% | -92.65% | +70.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.42% | 71.27% | -49.85% |
Volatility
AMZU vs. SOXS - Volatility Comparison
The current volatility for Direxion Daily AMZN Bull 2X Shares (AMZU) is 31.08%, while Direxion Daily Semiconductor Bear 3x Shares (SOXS) has a volatility of 55.41%. This indicates that AMZU experiences smaller price fluctuations and is considered to be less risky than SOXS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMZU | SOXS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.08% | 55.41% | -24.33% |
Volatility (6M)Calculated over the trailing 6-month period | 52.00% | 117.32% | -65.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.05% | 132.87% | -62.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.30% | 114.55% | -53.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.30% | 103.76% | -42.46% |
AMZU vs. SOXS - Expense Ratio Comparison
AMZU has a 0.99% expense ratio, which is lower than SOXS's 1.08% expense ratio.
Dividends
AMZU vs. SOXS - Dividend Comparison
AMZU's dividend yield for the trailing twelve months is around 4.83%, less than SOXS's 41.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AMZU Direxion Daily AMZN Bull 2X Shares | 4.83% | 6.12% | 3.79% | 3.37% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% |
SOXS Direxion Daily Semiconductor Bear 3x Shares | 41.84% | 10.79% | 5.45% | 9.22% | 0.19% | 0.00% | 3.58% | 2.30% | 0.76% |
Frequently Asked Questions
AMZU and SOXS have a correlation of -0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOXS has higher volatility (55.41%) compared to AMZU (31.08%). In terms of maximum drawdown, AMZU dropped -55.59% vs SOXS's -100.00%.
On 3-year performance, AMZU leads with 26.76% vs -84.46% for SOXS. On fees, AMZU is cheaper at 0.99% per year. On volatility, AMZU has been the lower-risk option at 31.08%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, AMZU has performed better with a 26.76% return vs -84.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AMZU is cheaper with a 0.99% expense ratio, compared with 1.08% for SOXS.
SOXS has the higher dividend yield at 41.84%, compared with 4.83% for AMZU.
AMZU is categorized as Leveraged Equities, while SOXS is Inverse Equities. AMZU tracks Amazon.com, Inc. (200%), while SOXS tracks PHLX Semiconductor Index (-300%). Their fees differ too: 0.99% for AMZU and 1.08% for SOXS.
AMZU currently has the higher Sharpe Ratio (0.10 vs -0.73), 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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