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FTXL vs. SOXS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FTXL and SOXS is 0.75, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

FTXL vs. SOXS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Semiconductor ETF (FTXL) and Direxion Daily Semiconductor Bear 3x Shares (SOXS). The values are adjusted to include any dividend payments, if applicable.

-100.00%0.00%100.00%200.00%300.00%400.00%December2025FebruaryMarchAprilMay
296.97%
-100.00%
FTXL
SOXS

Key characteristics

Sharpe Ratio

FTXL:

-0.20

SOXS:

-0.42

Sortino Ratio

FTXL:

0.01

SOXS:

0.13

Omega Ratio

FTXL:

1.00

SOXS:

1.02

Calmar Ratio

FTXL:

-0.21

SOXS:

-0.55

Martin Ratio

FTXL:

-0.50

SOXS:

-1.40

Ulcer Index

FTXL:

17.87%

SOXS:

39.11%

Daily Std Dev

FTXL:

43.86%

SOXS:

129.62%

Max Drawdown

FTXL:

-43.87%

SOXS:

-100.00%

Current Drawdown

FTXL:

-29.03%

SOXS:

-100.00%

Returns By Period

In the year-to-date period, FTXL achieves a -13.15% return, which is significantly higher than SOXS's -22.02% return.


FTXL

YTD

-13.15%

1M

20.33%

6M

-14.61%

1Y

-12.60%

5Y*

15.83%

10Y*

N/A

SOXS

YTD

-22.02%

1M

-61.82%

6M

-22.06%

1Y

-48.32%

5Y*

-72.29%

10Y*

-66.70%

*Annualized

Compare stocks, funds, or ETFs

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FTXL vs. SOXS - Expense Ratio Comparison

FTXL has a 0.60% expense ratio, which is lower than SOXS's 1.08% expense ratio.


Expense ratio chart for SOXS: current value is 1.08%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SOXS: 1.08%
Expense ratio chart for FTXL: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FTXL: 0.60%

Risk-Adjusted Performance

FTXL vs. SOXS — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTXL
The Risk-Adjusted Performance Rank of FTXL is 1010
Overall Rank
The Sharpe Ratio Rank of FTXL is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of FTXL is 1212
Sortino Ratio Rank
The Omega Ratio Rank of FTXL is 1212
Omega Ratio Rank
The Calmar Ratio Rank of FTXL is 77
Calmar Ratio Rank
The Martin Ratio Rank of FTXL is 99
Martin Ratio Rank

SOXS
The Risk-Adjusted Performance Rank of SOXS is 88
Overall Rank
The Sharpe Ratio Rank of SOXS is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of SOXS is 1616
Sortino Ratio Rank
The Omega Ratio Rank of SOXS is 1616
Omega Ratio Rank
The Calmar Ratio Rank of SOXS is 11
Calmar Ratio Rank
The Martin Ratio Rank of SOXS is 22
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FTXL vs. SOXS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Semiconductor ETF (FTXL) and Direxion Daily Semiconductor Bear 3x Shares (SOXS). 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.


The chart of Sharpe ratio for FTXL, currently valued at -0.20, compared to the broader market-1.000.001.002.003.004.00
FTXL: -0.20
SOXS: -0.42
The chart of Sortino ratio for FTXL, currently valued at 0.01, compared to the broader market-2.000.002.004.006.008.00
FTXL: 0.01
SOXS: 0.13
The chart of Omega ratio for FTXL, currently valued at 1.00, compared to the broader market0.501.001.502.002.50
FTXL: 1.00
SOXS: 1.02
The chart of Calmar ratio for FTXL, currently valued at -0.21, compared to the broader market0.002.004.006.008.0010.0012.00
FTXL: -0.21
SOXS: -0.55
The chart of Martin ratio for FTXL, currently valued at -0.50, compared to the broader market0.0020.0040.0060.00
FTXL: -0.50
SOXS: -1.40

The current FTXL Sharpe Ratio is -0.20, which is higher than the SOXS Sharpe Ratio of -0.42. The chart below compares the historical Sharpe Ratios of FTXL and SOXS, 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 Ratio-0.500.000.501.00December2025FebruaryMarchAprilMay
-0.20
-0.42
FTXL
SOXS

Dividends

FTXL vs. SOXS - Dividend Comparison

FTXL's dividend yield for the trailing twelve months is around 0.56%, less than SOXS's 5.73% yield.


TTM202420232022202120202019201820172016
FTXL
First Trust Nasdaq Semiconductor ETF
0.56%0.54%0.60%0.89%0.25%0.48%0.92%0.70%0.47%0.12%
SOXS
Direxion Daily Semiconductor Bear 3x Shares
5.73%5.43%9.21%0.19%0.00%3.55%2.32%0.76%0.00%0.00%

Drawdowns

FTXL vs. SOXS - Drawdown Comparison

The maximum FTXL drawdown since its inception was -43.87%, smaller than the maximum SOXS drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for FTXL and SOXS. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%December2025FebruaryMarchAprilMay
-29.03%
-100.00%
FTXL
SOXS

Volatility

FTXL vs. SOXS - Volatility Comparison

The current volatility for First Trust Nasdaq Semiconductor ETF (FTXL) is 24.20%, while Direxion Daily Semiconductor Bear 3x Shares (SOXS) has a volatility of 93.87%. This indicates that FTXL experiences smaller price fluctuations and is considered to be less risky than SOXS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%20.00%40.00%60.00%80.00%100.00%December2025FebruaryMarchAprilMay
24.20%
93.87%
FTXL
SOXS