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

Correlation

The correlation between DVYE and SOXL is 0.51, 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

DVYE vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Emerging Markets Dividend ETF (DVYE) and Direxion Daily Semiconductor Bull 3x Shares (SOXL). The values are adjusted to include any dividend payments, if applicable.

-60.00%-40.00%-20.00%0.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
0.52%
-53.42%
DVYE
SOXL

Key characteristics

Sharpe Ratio

DVYE:

0.66

SOXL:

-0.07

Sortino Ratio

DVYE:

1.05

SOXL:

0.61

Omega Ratio

DVYE:

1.13

SOXL:

1.08

Calmar Ratio

DVYE:

0.43

SOXL:

-0.12

Martin Ratio

DVYE:

2.31

SOXL:

-0.21

Ulcer Index

DVYE:

4.59%

SOXL:

35.51%

Daily Std Dev

DVYE:

16.02%

SOXL:

101.81%

Max Drawdown

DVYE:

-47.42%

SOXL:

-90.46%

Current Drawdown

DVYE:

-15.64%

SOXL:

-61.08%

Returns By Period

In the year-to-date period, DVYE achieves a 7.16% return, which is significantly higher than SOXL's -10.89% return. Over the past 10 years, DVYE has underperformed SOXL with an annualized return of 2.03%, while SOXL has yielded a comparatively higher 29.77% annualized return.


DVYE

YTD

7.16%

1M

-2.82%

6M

1.03%

1Y

9.59%

5Y*

-0.52%

10Y*

2.03%

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.


DVYE vs. SOXL - Expense Ratio Comparison

DVYE has a 0.49% 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 DVYE: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%

Risk-Adjusted Performance

DVYE vs. SOXL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Emerging Markets Dividend ETF (DVYE) 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 DVYE, currently valued at 0.66, compared to the broader market0.002.004.000.66-0.07
The chart of Sortino ratio for DVYE, currently valued at 1.05, compared to the broader market-2.000.002.004.006.008.0010.001.050.61
The chart of Omega ratio for DVYE, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.001.131.08
The chart of Calmar ratio for DVYE, currently valued at 0.43, compared to the broader market0.005.0010.0015.000.43-0.12
The chart of Martin ratio for DVYE, currently valued at 2.31, compared to the broader market0.0020.0040.0060.0080.00100.002.31-0.21
DVYE
SOXL

The current DVYE Sharpe Ratio is 0.66, which is higher than the SOXL Sharpe Ratio of -0.07. The chart below compares the historical Sharpe Ratios of DVYE 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 Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.66
-0.07
DVYE
SOXL

Dividends

DVYE vs. SOXL - Dividend Comparison

DVYE's dividend yield for the trailing twelve months is around 14.94%, more than SOXL's 1.10% yield.


TTM20232022202120202019201820172016201520142013
DVYE
iShares Emerging Markets Dividend ETF
12.00%9.05%9.90%7.31%5.27%5.97%5.69%4.81%4.56%6.52%4.51%4.59%
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%0.00%

Drawdowns

DVYE vs. SOXL - Drawdown Comparison

The maximum DVYE drawdown since its inception was -47.42%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for DVYE and SOXL. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-15.64%
-61.08%
DVYE
SOXL

Volatility

DVYE vs. SOXL - Volatility Comparison

The current volatility for iShares Emerging Markets Dividend ETF (DVYE) is 5.09%, while Direxion Daily Semiconductor Bull 3x Shares (SOXL) has a volatility of 24.09%. This indicates that DVYE 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.


0.00%10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
5.09%
24.09%
DVYE
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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