INTW vs. SOXL

Last updated Jun 23, 2026

INTW (GraniteShares 2x Long INTC Daily ETF) and SOXL (Direxion Daily Semiconductor Bull 3X ETF) are both Leveraged Equities funds. INTW is actively managed, while SOXL is passively managed. Over the past year, INTW returned 2279.34% vs 1322.96% for SOXL. A 0.61 correlation means they provide meaningful diversification when combined. INTW charges 1.50%/yr vs 0.75%/yr for SOXL.

Performance

INTW vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long INTC Daily ETF (INTW) and Direxion Daily Semiconductor Bull 3X ETF (SOXL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INTW achieves a 871.59% return, which is significantly higher than SOXL's 615.61% return.

INTW

• 1D: 10.59%
• 1M: 28.23%
• YTD: 871.59%
• 6M: 897.00%
• 1Y: 2,279.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXL

• 1D: 7.69%
• 1M: 57.83%
• YTD: 615.61%
• 6M: 595.26%
• 1Y: 1,322.96%
• 3Y*: 141.01%
• 5Y*: 51.34%
• 10Y*: 68.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

INTW vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025
INTW GraniteShares 2x Long INTC Daily ETF	871.59%	60.89%
SOXL Direxion Daily Semiconductor Bull 3X ETF	615.61%	53.62%

Correlation

The correlation between INTW and SOXL is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (All Time) Calculated using the full available price history since Feb 13, 2025	0.61

The correlation between INTW and SOXL has been stable across timeframes, ranging from 0.61 to 0.61 - a consistent structural relationship.

INTW vs. SOXL - Sectors Allocation Comparison

Sectors	INTW	SOXL
Technology	66.7%	100.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

INTW vs. SOXL — Risk / Return Rank

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

INTW

INTW Risk / Return Rank: 98
INTW Sharpe Ratio Rank: 100
INTW Sortino Ratio Rank: 96
INTW Omega Ratio Rank: 95
INTW Calmar Ratio Rank: 99
INTW Martin Ratio Rank: 99

SOXL

SOXL Risk / Return Rank: 97
SOXL Sharpe Ratio Rank: 100
SOXL Sortino Ratio Rank: 94
SOXL Omega Ratio Rank: 94
SOXL Calmar Ratio Rank: 99
SOXL Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

INTW vs. SOXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long INTC Daily ETF (INTW) 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.

	INTW	SOXL	Difference
Sharpe ratio: Return per unit of total volatility	15.45	11.72	+3.74
Sortino ratio: Return per unit of downside risk	5.37	4.57	+0.80
Omega ratio: Gain probability vs. loss probability	1.68	1.65	+0.03
Calmar ratio: Return relative to maximum drawdown	46.81	30.78	+16.03
Martin ratio: Return relative to average drawdown	106.28	99.38	+6.90

INTW vs. SOXL - Sharpe Ratio Comparison

The current INTW Sharpe Ratio is 15.45, which is higher than the SOXL Sharpe Ratio of 11.72. The chart below compares the historical Sharpe Ratios of INTW and SOXL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

INTW vs. SOXL - Drawdown Comparison

The maximum INTW drawdown since its inception was -60.58%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for INTW and SOXL.

Drawdown Indicators

	INTW	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-60.58%	-90.46%	+29.88%
Max Drawdown (1Y) Largest decline over 1 year	-49.34%	-43.47%	-5.87%
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 Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-29.71%	-34.95%	+5.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.69%	13.44%	+8.25%

Volatility

INTW vs. SOXL - Volatility Comparison

The current volatility for GraniteShares 2x Long INTC Daily ETF (INTW) is 53.88%, while Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a volatility of 62.02%. This indicates that INTW 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.

Volatility by Period

	INTW	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	53.88%	62.02%	-8.14%
Volatility (6M) Calculated over the trailing 6-month period	118.13%	96.02%	+22.11%
Volatility (1Y) Calculated over the trailing 1-year period	149.77%	114.45%	+35.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	148.63%	109.85%	+38.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	148.63%	100.50%	+48.13%

INTW vs. SOXL - Expense Ratio Comparison

INTW has a 1.50% expense ratio, which is higher than SOXL's 0.75% expense ratio.

Dividends

INTW vs. SOXL - Dividend Comparison

INTW has not paid dividends to shareholders, while SOXL's dividend yield for the trailing twelve months is around 0.03%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
INTW GraniteShares 2x Long INTC 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	0.03%	0.34%	1.18%	0.51%	1.07%	0.04%	0.05%	0.38%	1.30%	0.09%	4.84%

Frequently Asked Questions

Can I hold both INTW and SOXL in my portfolio?

INTW and SOXL have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INTW or SOXL?

SOXL has higher volatility (62.02%) compared to INTW (53.88%). In terms of maximum drawdown, INTW dropped -60.58% vs SOXL's -90.46%.

Which ETF is better, INTW or SOXL?

On 1-year performance, INTW leads with 2279.34% vs 1322.96% for SOXL. On fees, SOXL is cheaper at 0.75% per year. On volatility, INTW has been the lower-risk option at 53.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, INTW or SOXL?

Over the 1-year period, INTW has performed better with a 2279.34% return vs 1322.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, INTW or SOXL?

SOXL is cheaper with a 0.75% expense ratio, compared with 1.50% for INTW.

Which ETF pays a higher dividend yield, INTW or SOXL?

SOXL has the higher dividend yield at 0.03%, compared with 0.00% for INTW.

What is the main difference between INTW and SOXL?

They also come from different issuers: GraniteShares and Direxion. Their fees differ too: 1.50% for INTW and 0.75% for SOXL.

Which has better risk-adjusted returns?

INTW currently has the higher Sharpe Ratio (15.45 vs 11.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.