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BULZ vs. SOXL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

BULZ vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) and Direxion Daily Semiconductor Bull 3x Shares (SOXL). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%JuneJulyAugustSeptemberOctoberNovember
18.46%
-44.81%
BULZ
SOXL

Returns By Period

In the year-to-date period, BULZ achieves a 52.31% return, which is significantly higher than SOXL's -13.13% return.


BULZ

YTD

52.31%

1M

7.65%

6M

18.47%

1Y

81.39%

5Y (annualized)

N/A

10Y (annualized)

N/A

SOXL

YTD

-13.13%

1M

-22.68%

6M

-44.81%

1Y

19.70%

5Y (annualized)

14.56%

10Y (annualized)

30.71%

Key characteristics


BULZSOXL
Sharpe Ratio1.100.13
Sortino Ratio1.650.89
Omega Ratio1.221.11
Calmar Ratio1.010.19
Martin Ratio3.840.41
Ulcer Index20.06%31.83%
Daily Std Dev70.18%100.74%
Max Drawdown-94.44%-90.46%
Current Drawdown-53.70%-62.06%

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BULZ vs. SOXL - Expense Ratio Comparison

BULZ has a 0.95% expense ratio, which is lower than SOXL's 0.99% expense ratio.


SOXL
Direxion Daily Semiconductor Bull 3x Shares
Expense ratio chart for SOXL: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for BULZ: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Correlation

-0.50.00.51.00.9

The correlation between BULZ and SOXL is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

BULZ vs. SOXL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) 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.


Sharpe ratio
The chart of Sharpe ratio for BULZ, currently valued at 1.10, compared to the broader market0.002.004.001.100.13
The chart of Sortino ratio for BULZ, currently valued at 1.65, compared to the broader market-2.000.002.004.006.008.0010.0012.001.650.89
The chart of Omega ratio for BULZ, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.11
The chart of Calmar ratio for BULZ, currently valued at 1.01, compared to the broader market0.005.0010.0015.001.010.19
The chart of Martin ratio for BULZ, currently valued at 3.84, compared to the broader market0.0020.0040.0060.0080.00100.003.840.41
BULZ
SOXL

The current BULZ Sharpe Ratio is 1.10, which is higher than the SOXL Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of BULZ and SOXL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.10
0.13
BULZ
SOXL

Dividends

BULZ vs. SOXL - Dividend Comparison

BULZ has not paid dividends to shareholders, while SOXL's dividend yield for the trailing twelve months is around 1.13%.


TTM2023202220212020201920182017201620152014
BULZ
MicroSectors Solactive FANG & Innovation 3X Leveraged ETN
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
1.13%0.51%1.08%0.04%0.05%0.38%1.30%0.09%4.84%0.00%0.00%

Drawdowns

BULZ vs. SOXL - Drawdown Comparison

The maximum BULZ drawdown since its inception was -94.44%, roughly equal to the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for BULZ and SOXL. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-53.70%
-62.06%
BULZ
SOXL

Volatility

BULZ vs. SOXL - Volatility Comparison

The current volatility for MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) is 23.09%, while Direxion Daily Semiconductor Bull 3x Shares (SOXL) has a volatility of 26.83%. This indicates that BULZ 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.


10.00%20.00%30.00%40.00%50.00%60.00%JuneJulyAugustSeptemberOctoberNovember
23.09%
26.83%
BULZ
SOXL