ASMU vs. SOXS
ASMU (Direxion Daily ASML Bull 2X ETF) and SOXS (Direxion Daily Semiconductor Bear 3x Shares) are both exchange-traded funds - ASMU is a Leveraged Equities fund actively managed by Direxion, while SOXS is a Inverse Equities fund tracking the PHLX Semiconductor Index (-300%). ASMU is actively managed, while SOXS is passively managed. Their -0.83 correlation means they have often moved in opposite directions in the past. ASMU charges 0.97%/yr vs 1.08%/yr for SOXS.
Performance
ASMU vs. SOXS - Performance Comparison
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Returns By Period
ASMU
- 1D
- -2.65%
- 1M
- -17.30%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
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) |
|---|---|---|---|
| $4.73M | $6.77M | $4.71M | |
| $3.72B | $3.43B | $3.32B |
ASMU vs. SOXS - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ASMU Direxion Daily ASML Bull 2X ETF | 7.22% |
SOXS Direxion Daily Semiconductor Bear 3x Shares | -84.81% |
Correlation
The correlation between ASMU and SOXS is -0.83, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 11, 2026 | -0.83 |
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Return for Risk
ASMU vs. SOXS — Risk / Return Rank
ASMU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SOXS
ASMU vs. SOXS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily ASML Bull 2X ETF (ASMU) 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.
| ASMU | SOXS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.74 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.98 | — |
| Martin ratioReturn relative to average drawdown | — | -1.35 | — |
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Drawdowns
ASMU vs. SOXS - Drawdown Comparison
The maximum ASMU drawdown since its inception was -41.09%, smaller than the maximum SOXS drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for ASMU and SOXS.
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Drawdown Indicators
| ASMU | SOXS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.09% | -100.00% | +58.91% |
Max Drawdown (1Y)Largest decline over 1 year | — | -97.89% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -99.87% | — |
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 | -35.18% | -100.00% | +64.82% |
Average DrawdownAverage peak-to-trough decline | -14.22% | -92.65% | +78.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 71.27% | — |
Volatility
ASMU vs. SOXS - Volatility Comparison
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Volatility by Period
| ASMU | SOXS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 55.41% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 117.32% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 106.89% | 132.87% | -25.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 106.89% | 114.55% | -7.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 106.89% | 103.76% | +3.13% |
ASMU vs. SOXS - Expense Ratio Comparison
ASMU has a 0.97% expense ratio, which is lower than SOXS's 1.08% expense ratio.
Dividends
ASMU vs. SOXS - Dividend Comparison
ASMU's dividend yield for the trailing twelve months is around 0.67%, less than SOXS's 41.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ASMU Direxion Daily ASML Bull 2X ETF | 0.67% | 0.00% | 0.00% | 0.00% | 0.00% | 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
ASMU and SOXS have a correlation of -0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ASMU is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ASMU is cheaper with a 0.97% expense ratio, compared with 1.08% for SOXS.
SOXS has the higher dividend yield at 41.84%, compared with 0.67% for ASMU.
ASMU is categorized as Leveraged Equities, while SOXS is Inverse Equities. Their fees differ too: 0.97% for ASMU and 1.08% for SOXS.
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