IEF5.L vs. SOXL.L
IEF5.L (Leverage Shares 5x Long 7-10 Year Treasury Bond ETP Securities) and SOXL.L (Leverage Shares 4x Long Semiconductors ETP Securities) are both exchange-traded funds - IEF5.L is a Leveraged Bonds fund actively managed by Leverage Shares, while SOXL.L is a Leveraged Equities fund tracking the NYSE Semiconductor Index. IEF5.L is actively managed, while SOXL.L is passively managed. Over the past year, IEF5.L returned -17.56% vs 434.27% for SOXL.L. At a correlation of -0.02, they often move in opposite directions. Both charge a 0.75% expense ratio.
Performance
IEF5.L vs. SOXL.L - Performance Comparison
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Returns By Period
In the year-to-date period, IEF5.L achieves a -19.27% return, which is significantly lower than SOXL.L's 246.49% return.
IEF5.L
- 1D
- -2.04%
- 1M
- -3.60%
- 6M
- -13.18%
- YTD
- -19.27%
- 1Y
- -17.56%
- 3Y*
- -20.87%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -6.09%
SOXL.L
- 1D
- 0.00%
- 1M
- -62.37%
- 6M
- 125.01%
- YTD
- 246.49%
- 1Y
- 434.27%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 25.74%
IEF5.L vs. SOXL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IEF5.L Leverage Shares 5x Long 7-10 Year Treasury Bond ETP Securities | -19.27% | 0.56% | -16.27% |
SOXL.L Leverage Shares 4x Long Semiconductors ETP Securities | 246.49% | 11.41% | -56.30% |
Correlation
The correlation between IEF5.L and SOXL.L is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2024 | -0.02 |
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Return for Risk
IEF5.L vs. SOXL.L — Risk / Return Rank
IEF5.L
SOXL.L
IEF5.L vs. SOXL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 5x Long 7-10 Year Treasury Bond ETP Securities (IEF5.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.
| IEF5.L | SOXL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.40 | ||
| Sortino ratioReturn per unit of downside risk | -3.72 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.36 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.61 | 6.22 | -6.82 |
| Martin ratioReturn relative to average drawdown | -1.22 | 18.85 | -20.07 |
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Drawdowns
IEF5.L vs. SOXL.L - Drawdown Comparison
The maximum IEF5.L drawdown since its inception was -58.89%, smaller than the maximum SOXL.L drawdown of -95.66%. Use the drawdown chart below to compare losses from any high point for IEF5.L and SOXL.L.
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Drawdown Indicators
| IEF5.L | SOXL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.89% | -95.66% | +36.77% |
Max Drawdown (1Y)Largest decline over 1 year | -26.97% | -69.30% | +42.33% |
Max Drawdown (3Y)Largest decline over 3 years | -51.06% | — | — |
Current DrawdownCurrent decline from peak | -58.38% | -65.19% | +6.81% |
Average DrawdownAverage peak-to-trough decline | -41.04% | -59.66% | +18.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.50% | 22.89% | -9.39% |
Volatility
IEF5.L vs. SOXL.L - Volatility Comparison
The current volatility for Leverage Shares 5x Long 7-10 Year Treasury Bond ETP Securities (IEF5.L) is 7.31%, while Leverage Shares 4x Long Semiconductors ETP Securities (SOXL.L) has a volatility of 75.33%. This indicates that IEF5.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.
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Volatility by Period
| IEF5.L | SOXL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.31% | 75.33% | -68.02% |
Volatility (6M)Calculated over the trailing 6-month period | 18.60% | 134.12% | -115.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.13% | 158.67% | -134.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.31% | 146.04% | -81.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.31% | 146.04% | -81.73% |
IEF5.L vs. SOXL.L - Expense Ratio Comparison
Both IEF5.L and SOXL.L have an expense ratio of 0.75%.
Dividends
IEF5.L vs. SOXL.L - Dividend Comparison
Neither IEF5.L nor SOXL.L has paid dividends to shareholders.
Frequently Asked Questions
IEF5.L and SOXL.L have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IEF5.L and SOXL.L have the same expense ratio: 0.75% per year.
IEF5.L is categorized as Leveraged Bonds, while SOXL.L is Leveraged Equities.
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