BLDR vs. SOXL

Last updated Jun 9, 2026

BLDR (Builders FirstSource, Inc.) is a stock, while SOXL (Direxion Daily Semiconductor Bull 3X ETF) is Leveraged Equities fund tracking the ICE Semiconductor Index. Over the past 10 years, BLDR returned 20.07%/yr vs 61.24%/yr for SOXL. At a 0.45 correlation, their price movements are largely independent.

Performance

BLDR vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Builders FirstSource, Inc. (BLDR) and Direxion Daily Semiconductor Bull 3X ETF (SOXL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLDR achieves a -28.93% return, which is significantly lower than SOXL's 403.07% return. Over the past 10 years, BLDR has underperformed SOXL with an annualized return of 20.07%, while SOXL has yielded a comparatively higher 61.24% annualized return.

BLDR

• 1D: -0.71%
• 1M: -5.53%
• YTD: -28.93%
• 6M: -31.96%
• 1Y: -34.50%
• 3Y*: -15.71%
• 5Y*: 10.81%
• 10Y*: 20.07%

SOXL

• 1D: 15.83%
• 1M: 19.50%
• YTD: 403.07%
• 6M: 340.59%
• 1Y: 1,006.21%
• 3Y*: 112.77%
• 5Y*: 42.03%
• 10Y*: 61.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BLDR vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BLDR Builders FirstSource, Inc.	-28.93%	-28.01%	-14.38%	157.31%	-24.30%	110.02%	60.61%	132.91%	-49.93%	98.63%
SOXL Direxion Daily Semiconductor Bull 3X ETF	403.07%	54.91%	-12.31%	226.98%	-85.66%	118.84%	70.04%	231.83%	-39.07%	141.71%

Correlation

The correlation between BLDR and SOXL is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.44
Correlation (All Time) Calculated using the full available price history since Mar 11, 2010	0.45

The correlation between BLDR and SOXL shifts across timeframes, from 0.28 (1 year) to 0.47 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

BLDR vs. SOXL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BLDR

BLDR Risk / Return Rank: 14
BLDR Sharpe Ratio Rank: 11
BLDR Sortino Ratio Rank: 12
BLDR Omega Ratio Rank: 15
BLDR Calmar Ratio Rank: 19
BLDR Martin Ratio Rank: 15

SOXL

SOXL Risk / Return Rank: 97
SOXL Sharpe Ratio Rank: 99
SOXL Sortino Ratio Rank: 93
SOXL Omega Ratio Rank: 94
SOXL Calmar Ratio Rank: 99
SOXL Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BLDR vs. SOXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Builders FirstSource, Inc. (BLDR) and Direxion Daily Semiconductor Bull 3X ETF (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.

	BLDR	SOXL	Difference
Sharpe ratio: Return per unit of total volatility	-0.72	9.42	-10.15
Sortino ratio: Return per unit of downside risk	-1.01	4.27	-5.29
Omega ratio: Gain probability vs. loss probability	0.90	1.61	-0.72
Calmar ratio: Return relative to maximum drawdown	-0.62	23.39	-24.01
Martin ratio: Return relative to average drawdown	-1.21	78.42	-79.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BLDR vs. SOXL - Sharpe Ratio Comparison

The current BLDR Sharpe Ratio is -0.72, which is lower than the SOXL Sharpe Ratio of 9.42. The chart below compares the historical Sharpe Ratios of BLDR and SOXL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BLDR	SOXL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.72	9.42	-10.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	0.39	-0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	0.62	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.49	-0.37

Drawdowns

BLDR vs. SOXL - Drawdown Comparison

The maximum BLDR drawdown since its inception was -96.78%, which is greater than SOXL's maximum drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for BLDR and SOXL.

Drawdown Indicators

	BLDR	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-96.78%	-90.46%	-6.32%
Max Drawdown (1Y) Largest decline over 1 year	-55.51%	-43.47%	-12.04%
Max Drawdown (3Y) Largest decline over 3 years	-68.55%	-87.88%	+19.33%
Max Drawdown (5Y) Largest decline over 5 years	-68.55%	-90.46%	+21.91%
Max Drawdown (10Y) Largest decline over 10 years	-68.55%	-90.46%	+21.91%
Current Drawdown Current decline from peak	-65.37%	-24.63%	-40.74%
Average Drawdown Average peak-to-trough decline	-47.87%	-35.01%	-12.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.59%	12.94%	+15.65%

Volatility

BLDR vs. SOXL - Volatility Comparison

The current volatility for Builders FirstSource, Inc. (BLDR) is 13.13%, while Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a volatility of 56.07%. This indicates that BLDR 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.

Volatility by Period

	BLDR	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.13%	56.07%	-42.94%
Volatility (6M) Calculated over the trailing 6-month period	33.98%	90.69%	-56.71%
Volatility (1Y) Calculated over the trailing 1-year period	47.94%	108.13%	-60.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.20%	108.35%	-63.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.71%	99.68%	-51.97%

Dividends

BLDR vs. SOXL - Dividend Comparison

BLDR has not paid dividends to shareholders, while SOXL's dividend yield for the trailing twelve months is around 0.04%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BLDR Builders FirstSource, Inc.	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 ETF	0.04%	0.34%	1.18%	0.51%	1.07%	0.04%	0.05%	0.38%	1.30%	0.09%	4.84%

Frequently Asked Questions

Can I hold both BLDR and SOXL in my portfolio?

BLDR and SOXL have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BLDR or SOXL?

SOXL has higher volatility (56.07%) compared to BLDR (13.13%). In terms of maximum drawdown, BLDR dropped -96.78% vs SOXL's -90.46%.

Which has better risk-adjusted returns?

SOXL currently has the higher Sharpe Ratio (9.42 vs -0.72), 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.