BMNG vs. SOXL
BMNG (Leverage Shares 2X Long BMNR Daily ETF) and SOXL (Direxion Daily Semiconductor Bull 3X ETF) are both Leveraged Equities funds. BMNG is actively managed, while SOXL is passively managed. A 0.50 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.
Performance
BMNG vs. SOXL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BMNG achieves a -78.43% return, which is significantly lower than SOXL's 334.31% return.
BMNG
- 1D
- -22.44%
- 1M
- -55.66%
- YTD
- -78.43%
- 6M
- -87.34%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SOXL
- 1D
- -30.51%
- 1M
- 10.06%
- YTD
- 334.31%
- 6M
- 292.56%
- 1Y
- 873.79%
- 3Y*
- 104.66%
- 5Y*
- 36.47%
- 10Y*
- 58.09%
BMNG vs. SOXL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BMNG Leverage Shares 2X Long BMNR Daily ETF | -78.43% | -81.37% |
SOXL Direxion Daily Semiconductor Bull 3X ETF | 334.31% | -10.27% |
Correlation
The correlation between BMNG and SOXL is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 28, 2025 | 0.50 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BMNG vs. SOXL — Risk / Return Rank
BMNG
SOXL
BMNG vs. SOXL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BMNR Daily ETF (BMNG) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| BMNG | SOXL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 8.26 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.34 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.59 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.52 | 0.47 | -0.99 |
Drawdowns
BMNG vs. SOXL - Drawdown Comparison
The maximum BMNG drawdown since its inception was -95.98%, which is greater than SOXL's maximum drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for BMNG and SOXL.
Loading charts...
Drawdown Indicators
| BMNG | SOXL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.98% | -90.46% | -5.52% |
Max Drawdown (1Y)Largest decline over 1 year | — | -43.47% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -87.88% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -90.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -90.46% | — |
Current DrawdownCurrent decline from peak | -95.98% | -34.93% | -61.05% |
Average DrawdownAverage peak-to-trough decline | -81.57% | -35.01% | -46.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 12.85% | — |
Volatility
BMNG vs. SOXL - Volatility Comparison
Loading charts...
Volatility by Period
| BMNG | SOXL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 55.19% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 89.77% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 193.00% | 106.94% | +86.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 193.00% | 108.10% | +84.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 193.00% | 99.53% | +93.47% |
BMNG vs. SOXL - Expense Ratio Comparison
Both BMNG and SOXL have an expense ratio of 0.75%.
Dividends
BMNG vs. SOXL - Dividend Comparison
BMNG 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BMNG Leverage Shares 2X Long BMNR Daily ETF | 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
BMNG and SOXL have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
BMNG and SOXL have the same expense ratio: 0.75% per year.
SOXL has the higher dividend yield at 0.04%, compared with 0.00% for BMNG.
They also come from different issuers: Leverage Shares and Direxion.
Find the right allocation for BMNG and SOXL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer