FRES.L vs. SOXL.L
FRES.L (Fresnillo plc) is a stock, while SOXL.L (Leverage Shares 4x Long Semiconductors ETP Securities) is Leveraged Equities fund tracking the NYSE Semiconductor Index. Over the past year, FRES.L returned 96.36% vs 1115.47% for SOXL.L. At a 0.21 correlation, their price movements are largely independent.
Performance
FRES.L vs. SOXL.L - Performance Comparison
Loading charts...
Different Trading Currencies
FRES.L is traded in GBp, while SOXL.L is traded in USD. To make them comparable, the SOXL.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, FRES.L achieves a -15.96% return, which is significantly lower than SOXL.L's 567.95% return.
FRES.L
- 1D
- -1.44%
- 1M
- -16.59%
- YTD
- -15.96%
- 6M
- -17.88%
- 1Y
- 96.36%
- 3Y*
- 70.39%
- 5Y*
- 31.92%
- 10Y*
- 7.10%
SOXL.L
- 1D
- 0.00%
- 1M
- -11.19%
- YTD
- 567.95%
- 6M
- 546.23%
- 1Y
- 1,115.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FRES.L vs. SOXL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FRES.L Fresnillo plc | -15.96% | 468.21% | 16.39% |
SOXL.L Leverage Shares 4x Long Semiconductors ETP Securities | 567.95% | 3.47% | -55.81% |
Correlation
The correlation between FRES.L and SOXL.L is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2024 | 0.21 |
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
FRES.L vs. SOXL.L — Risk / Return Rank
FRES.L
SOXL.L
FRES.L vs. SOXL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fresnillo plc (FRES.L) and Leverage Shares 4x Long Semiconductors ETP Securities (SOXL.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FRES.L | SOXL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.88 | ||
| Sortino ratioReturn per unit of downside risk | -1.66 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.50 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.59 | 21.82 | -19.23 |
| Martin ratioReturn relative to average drawdown | 6.08 | 59.61 | -53.52 |
Loading charts...
Drawdowns
FRES.L vs. SOXL.L - Drawdown Comparison
The maximum FRES.L drawdown since its inception was -82.49%, smaller than the maximum SOXL.L drawdown of -95.81%. Use the drawdown chart below to compare losses from any high point for FRES.L and SOXL.L.
Loading charts...
Drawdown Indicators
| FRES.L | SOXL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.49% | -95.81% | +13.32% |
Max Drawdown (1Y)Largest decline over 1 year | -37.00% | -50.58% | +13.58% |
Max Drawdown (3Y)Largest decline over 3 years | -37.00% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -53.75% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -74.56% | — | — |
Current DrawdownCurrent decline from peak | -37.00% | -33.20% | -3.80% |
Average DrawdownAverage peak-to-trough decline | -42.85% | -60.54% | +17.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.78% | 18.55% | -2.77% |
Volatility
FRES.L vs. SOXL.L - Volatility Comparison
The current volatility for Fresnillo plc (FRES.L) is 16.50%, while Leverage Shares 4x Long Semiconductors ETP Securities (SOXL.L) has a volatility of 66.15%. This indicates that FRES.L experiences smaller price fluctuations and is considered to be less risky than SOXL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FRES.L | SOXL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.50% | 66.15% | -49.65% |
Volatility (6M)Calculated over the trailing 6-month period | 43.75% | 118.06% | -74.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.04% | 145.40% | -89.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.80% | 140.36% | -97.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.23% | 140.36% | -97.13% |
Dividends
FRES.L vs. SOXL.L - Dividend Comparison
FRES.L's dividend yield for the trailing twelve months is around 3.47%, while SOXL.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FRES.L Fresnillo plc | 3.47% | 2.00% | 1.36% | 1.98% | 2.44% | 2.66% | 1.00% | 2.35% | 3.49% | 1.73% |
SOXL.L Leverage Shares 4x Long Semiconductors ETP Securities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FRES.L and SOXL.L have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for FRES.L and SOXL.L
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