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

Correlation

The correlation between DFEN and SOXL is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

DFEN vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) and Direxion Daily Semiconductor Bull 3x Shares (SOXL). The values are adjusted to include any dividend payments, if applicable.

0.00%200.00%400.00%600.00%800.00%1,000.00%1,200.00%JulyAugustSeptemberOctoberNovemberDecember
31.27%
463.45%
DFEN
SOXL

Key characteristics

Sharpe Ratio

DFEN:

0.56

SOXL:

-0.07

Sortino Ratio

DFEN:

1.02

SOXL:

0.61

Omega Ratio

DFEN:

1.14

SOXL:

1.08

Calmar Ratio

DFEN:

0.38

SOXL:

-0.12

Martin Ratio

DFEN:

3.27

SOXL:

-0.21

Ulcer Index

DFEN:

8.15%

SOXL:

35.51%

Daily Std Dev

DFEN:

47.42%

SOXL:

101.81%

Max Drawdown

DFEN:

-91.36%

SOXL:

-90.46%

Current Drawdown

DFEN:

-56.00%

SOXL:

-61.08%

Returns By Period

In the year-to-date period, DFEN achieves a 21.95% return, which is significantly higher than SOXL's -10.89% return.


DFEN

YTD

21.95%

1M

-14.89%

6M

9.92%

1Y

23.06%

5Y*

-11.77%

10Y*

N/A

SOXL

YTD

-10.89%

1M

0.58%

6M

-57.15%

1Y

-8.80%

5Y*

9.08%

10Y*

29.77%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


DFEN vs. SOXL - Expense Ratio Comparison

Both DFEN and SOXL have an expense ratio of 0.99%.


DFEN
Direxion Daily Aerospace & Defense Bull 3X Shares
Expense ratio chart for DFEN: 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 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%

Risk-Adjusted Performance

DFEN vs. SOXL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) 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 DFEN, currently valued at 0.56, compared to the broader market0.002.004.000.56-0.07
The chart of Sortino ratio for DFEN, currently valued at 1.02, compared to the broader market-2.000.002.004.006.008.0010.001.020.61
The chart of Omega ratio for DFEN, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.001.141.08
The chart of Calmar ratio for DFEN, currently valued at 0.38, compared to the broader market0.005.0010.0015.000.38-0.12
The chart of Martin ratio for DFEN, currently valued at 3.27, compared to the broader market0.0020.0040.0060.0080.00100.003.27-0.21
DFEN
SOXL

The current DFEN Sharpe Ratio is 0.56, which is higher than the SOXL Sharpe Ratio of -0.07. The chart below compares the historical Sharpe Ratios of DFEN 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.56
-0.07
DFEN
SOXL

Dividends

DFEN vs. SOXL - Dividend Comparison

DFEN's dividend yield for the trailing twelve months is around 14.70%, more than SOXL's 1.10% yield.


TTM2023202220212020201920182017201620152014
DFEN
Direxion Daily Aerospace & Defense Bull 3X Shares
14.70%1.13%0.46%1.89%0.48%0.50%1.07%1.46%0.00%0.00%0.00%
SOXL
Direxion Daily Semiconductor Bull 3x Shares
1.10%0.51%1.08%0.04%0.05%0.38%1.30%0.09%4.84%0.00%0.00%

Drawdowns

DFEN vs. SOXL - Drawdown Comparison

The maximum DFEN drawdown since its inception was -91.36%, roughly equal to the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for DFEN and SOXL. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-56.00%
-61.08%
DFEN
SOXL

Volatility

DFEN vs. SOXL - Volatility Comparison

The current volatility for Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) is 16.87%, while Direxion Daily Semiconductor Bull 3x Shares (SOXL) has a volatility of 24.09%. This indicates that DFEN 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%JulyAugustSeptemberOctoberNovemberDecember
16.87%
24.09%
DFEN
SOXL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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