JDST vs. SOXL

Last updated Apr 2, 2026

Compare and contrast key facts about Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST) and Direxion Daily Semiconductor Bull 3x Shares (SOXL).

JDST and SOXL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JDST is a passively managed fund by Direxion that tracks the performance of the MVIS Global Junior Gold Miners Index (-300%). It was launched on Apr 1, 2020. SOXL is a passively managed fund by Direxion that tracks the performance of the PHLX Semiconductor Index (300%). It was launched on Mar 11, 2010. Both JDST and SOXL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

JDST vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST) and Direxion Daily Semiconductor Bull 3x Shares (SOXL). The values are adjusted to include any dividend payments, if applicable.

JDST vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JDST Direxion Daily Junior Gold Miners Index Bear 2X Shares	-38.98%	-91.10%	-40.98%	-28.29%	-26.25%	10.97%	-95.97%	-80.30%	-1.60%	-63.44%
SOXL Direxion Daily Semiconductor Bull 3x Shares	24.34%	54.91%	-12.31%	226.98%	-85.66%	118.84%	70.04%	231.83%	-39.07%	141.71%

Returns By Period

In the year-to-date period, JDST achieves a -38.98% return, which is significantly lower than SOXL's 24.34% return. Over the past 10 years, JDST has underperformed SOXL with an annualized return of -69.53%, while SOXL has yielded a comparatively higher 41.10% annualized return.

JDST

• 1D: -8.84%
• 1M: 36.01%
• YTD: -38.98%
• 6M: -61.61%
• 1Y: -89.86%
• 3Y*: -68.79%
• 5Y*: -56.16%
• 10Y*: -69.53%

SOXL

• 1D: 9.08%
• 1M: -16.73%
• YTD: 24.34%
• 6M: 41.78%
• 1Y: 228.78%
• 3Y*: 42.83%
• 5Y*: 4.90%
• 10Y*: 41.10%

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

JDST vs. SOXL - Expense Ratio Comparison

JDST has a 1.10% expense ratio, which is higher than SOXL's 0.99% expense ratio.

JDST

Direxion Daily Junior Gold Miners Index Bear 2X Shares

SOXL

Direxion Daily Semiconductor Bull 3x Shares

Return for Risk

JDST vs. SOXL — Risk / Return Rank

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

JDST

JDST Risk / Return Rank: 1
JDST Sharpe Ratio Rank: 1
JDST Sortino Ratio Rank: 0
JDST Omega Ratio Rank: 0
JDST Calmar Ratio Rank: 0
JDST Martin Ratio Rank: 2

SOXL

SOXL Risk / Return Rank: 90
SOXL Sharpe Ratio Rank: 89
SOXL Sortino Ratio Rank: 88
SOXL Omega Ratio Rank: 86
SOXL Calmar Ratio Rank: 96
SOXL Martin Ratio Rank: 93

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.

JDST vs. SOXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST) and Direxion Daily Semiconductor Bull 3x Shares (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.

	JDST	SOXL	Difference
Sharpe ratio Return per unit of total volatility	-0.89	1.93	-2.82
Sortino ratio Return per unit of downside risk	-2.48	2.46	-4.93
Omega ratio Gain probability vs. loss probability	0.74	1.35	-0.61
Calmar ratio Return relative to maximum drawdown	-0.95	4.64	-5.60
Martin ratio Return relative to average drawdown	-1.26	14.09	-15.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JDST vs. SOXL - Sharpe Ratio Comparison

The current JDST Sharpe Ratio is -0.89, which is lower than the SOXL Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of JDST and SOXL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JDST	SOXL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.89	1.93	-2.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.71	0.05	-0.75
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.65	0.42	-1.07
Sharpe Ratio (All Time) Calculated using the full available price history	-0.60	0.36	-0.96

Correlation

The correlation between JDST and SOXL is -0.14. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

JDST vs. SOXL - Dividend Comparison

JDST's dividend yield for the trailing twelve months is around 13.18%, more than SOXL's 0.15% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
JDST Direxion Daily Junior Gold Miners Index Bear 2X Shares	13.18%	15.08%	6.50%	4.81%	0.00%	0.00%	11.75%	3.16%	0.57%	0.00%	0.00%
SOXL Direxion Daily Semiconductor Bull 3x Shares	0.15%	0.34%	1.18%	0.51%	1.07%	0.04%	0.05%	0.38%	1.30%	0.09%	4.84%

Drawdowns

JDST vs. SOXL - Drawdown Comparison

The maximum JDST drawdown since its inception was -100.00%, which is greater than SOXL's maximum drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for JDST and SOXL.

Drawdown Indicators

	JDST	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-90.46%	-9.54%
Max Drawdown (1Y) Largest decline over 1 year	-94.07%	-49.26%	-44.81%
Max Drawdown (5Y) Largest decline over 5 years	-99.28%	-90.46%	-8.82%
Max Drawdown (10Y) Largest decline over 10 years	-100.00%	-90.46%	-9.54%
Current Drawdown Current decline from peak	-100.00%	-27.28%	-72.72%
Average Drawdown Average peak-to-trough decline	-95.26%	-35.34%	-59.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	71.43%	16.23%	+55.20%

Volatility

JDST vs. SOXL - Volatility Comparison

Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST) and Direxion Daily Semiconductor Bull 3x Shares (SOXL) have volatilities of 38.62% and 38.35%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JDST	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	38.62%	38.35%	+0.27%
Volatility (6M) Calculated over the trailing 6-month period	81.85%	79.93%	+1.92%
Volatility (1Y) Calculated over the trailing 1-year period	100.96%	119.50%	-18.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.84%	105.40%	-25.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	107.20%	97.72%	+9.48%