GEVX vs. SOXL
GEVX (Tradr 2X Long GEV Daily ETF) and SOXL (Direxion Daily Semiconductor Bull 3X ETF) are both Leveraged Equities funds. GEVX is actively managed, while SOXL is passively managed. A 0.53 correlation means they provide meaningful diversification when combined. GEVX charges 1.30%/yr vs 0.75%/yr for SOXL.
Performance
GEVX vs. SOXL - Performance Comparison
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Returns By Period
In the year-to-date period, GEVX achieves a 126.72% return, which is significantly lower than SOXL's 446.21% return.
GEVX
- 1D
- 4.51%
- 1M
- -0.24%
- YTD
- 126.72%
- 6M
- 116.65%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SOXL
- 1D
- -0.80%
- 1M
- 20.47%
- YTD
- 446.21%
- 6M
- 419.27%
- 1Y
- 858.82%
- 3Y*
- 120.25%
- 5Y*
- 42.22%
- 10Y*
- 64.42%
GEVX vs. SOXL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GEVX Tradr 2X Long GEV Daily ETF | 126.72% | 23.96% |
SOXL Direxion Daily Semiconductor Bull 3X ETF | 446.21% | 53.61% |
Correlation
The correlation between GEVX and SOXL is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 11, 2025 | 0.53 |
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Return for Risk
GEVX vs. SOXL — Risk / Return Rank
GEVX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SOXL
GEVX vs. SOXL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long GEV Daily ETF (GEVX) and Direxion Daily Semiconductor Bull 3X ETF (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.
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.
| GEVX | SOXL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.56 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 19.95 | — |
| Martin ratioReturn relative to average drawdown | — | 63.67 | — |
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Drawdowns
GEVX vs. SOXL - Drawdown Comparison
The maximum GEVX drawdown since its inception was -45.03%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for GEVX and SOXL.
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Drawdown Indicators
| GEVX | SOXL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.03% | -90.46% | +45.43% |
Max Drawdown (1Y)Largest decline over 1 year | — | -43.47% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -87.88% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -90.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -90.46% | — |
Current DrawdownCurrent decline from peak | -20.13% | -23.67% | +3.54% |
Average DrawdownAverage peak-to-trough decline | -15.09% | -34.95% | +19.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 13.60% | — |
Volatility
GEVX vs. SOXL - Volatility Comparison
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Volatility by Period
| GEVX | SOXL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 68.18% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 99.65% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 102.59% | 116.81% | -14.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 102.59% | 110.33% | -7.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 102.59% | 100.60% | +1.99% |
GEVX vs. SOXL - Expense Ratio Comparison
GEVX has a 1.30% expense ratio, which is higher than SOXL's 0.75% expense ratio.
Dividends
GEVX vs. SOXL - Dividend Comparison
Neither GEVX nor SOXL has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
GEVX Tradr 2X Long GEV Daily ETF | 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 ETF | 0.00% | 0.34% | 1.18% | 0.51% | 1.07% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% |
Frequently Asked Questions
GEVX and SOXL have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SOXL is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SOXL is cheaper with a 0.75% expense ratio, compared with 1.30% for GEVX.
GEVX and SOXL have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Tradr and Direxion. Their fees differ too: 1.30% for GEVX and 0.75% for SOXL.
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