JKHY vs. SOXL

Last updated Jun 26, 2026

JKHY (Jack Henry & Associates, Inc.) is a stock, while SOXL (Direxion Daily Semiconductor Bull 3X ETF) is Leveraged Equities fund tracking the ICE Semiconductor Index. Over the past 10 years, JKHY returned 5.88%/yr vs 68.12%/yr for SOXL. At a 0.40 correlation, their price movements are largely independent.

Performance

JKHY vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Jack Henry & Associates, Inc. (JKHY) 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, JKHY achieves a -28.89% return, which is significantly lower than SOXL's 501.02% return. Over the past 10 years, JKHY has underperformed SOXL with an annualized return of 5.88%, while SOXL has yielded a comparatively higher 68.12% annualized return.

JKHY

• 1D: 0.51%
• 1M: -5.88%
• YTD: -28.89%
• 6M: -29.93%
• 1Y: -26.62%
• 3Y*: -6.43%
• 5Y*: -3.81%
• 10Y*: 5.88%

SOXL

• 1D: 10.04%
• 1M: 11.88%
• YTD: 501.02%
• 6M: 471.39%
• 1Y: 928.01%
• 3Y*: 126.70%
• 5Y*: 44.97%
• 10Y*: 68.12%

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

JKHY vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JKHY Jack Henry & Associates, Inc.	-28.89%	5.50%	8.65%	-5.66%	6.24%	4.32%	12.37%	16.44%	9.38%	33.35%
SOXL Direxion Daily Semiconductor Bull 3X ETF	501.02%	54.91%	-12.31%	226.98%	-85.66%	118.84%	70.04%	231.83%	-39.07%	141.71%

Correlation

The correlation between JKHY and SOXL is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (10Y) Calculated over the trailing 10-year period	0.28
Correlation (All Time) Calculated using the full available price history since Mar 11, 2010	0.40

The correlation between JKHY and SOXL shifts across timeframes, from -0.18 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JKHY vs. SOXL — Risk / Return Rank

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

JKHY

JKHY Risk / Return Rank: 8
JKHY Sharpe Ratio Rank: 5
JKHY Sortino Ratio Rank: 8
JKHY Omega Ratio Rank: 8
JKHY Calmar Ratio Rank: 14
JKHY Martin Ratio Rank: 4

SOXL

SOXL Risk / Return Rank: 97
SOXL Sharpe Ratio Rank: 99
SOXL Sortino Ratio Rank: 93
SOXL Omega Ratio Rank: 93
SOXL Calmar Ratio Rank: 99
SOXL Martin Ratio Rank: 98

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.

JKHY vs. SOXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Jack Henry & Associates, Inc. (JKHY) 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.

	JKHY	SOXL	Difference
Sharpe ratio: Return per unit of total volatility	-1.05	8.03	-9.09
Sortino ratio: Return per unit of downside risk	-1.39	3.97	-5.36
Omega ratio: Gain probability vs. loss probability	0.83	1.57	-0.74
Calmar ratio: Return relative to maximum drawdown	-0.75	21.57	-22.32
Martin ratio: Return relative to average drawdown	-1.66	68.63	-70.28

JKHY vs. SOXL - Sharpe Ratio Comparison

The current JKHY Sharpe Ratio is -1.05, which is lower than the SOXL Sharpe Ratio of 8.03. The chart below compares the historical Sharpe Ratios of JKHY 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

JKHY vs. SOXL - Drawdown Comparison

The maximum JKHY drawdown since its inception was -73.42%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for JKHY and SOXL.

Drawdown Indicators

	JKHY	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-73.42%	-90.46%	+17.04%
Max Drawdown (1Y) Largest decline over 1 year	-35.40%	-43.47%	+8.07%
Max Drawdown (3Y) Largest decline over 3 years	-35.40%	-87.88%	+52.48%
Max Drawdown (5Y) Largest decline over 5 years	-38.35%	-90.46%	+52.11%
Max Drawdown (10Y) Largest decline over 10 years	-38.35%	-90.46%	+52.11%
Current Drawdown Current decline from peak	-35.71%	-16.01%	-19.70%
Average Drawdown Average peak-to-trough decline	-16.31%	-34.94%	+18.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.09%	13.64%	+2.45%

Volatility

JKHY vs. SOXL - Volatility Comparison

The current volatility for Jack Henry & Associates, Inc. (JKHY) is 8.88%, while Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a volatility of 66.73%. This indicates that JKHY 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

	JKHY	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.88%	66.73%	-57.85%
Volatility (6M) Calculated over the trailing 6-month period	20.79%	99.97%	-79.18%
Volatility (1Y) Calculated over the trailing 1-year period	25.41%	116.70%	-91.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.77%	110.41%	-86.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.70%	100.63%	-76.93%

Dividends

JKHY vs. SOXL - Dividend Comparison

JKHY's dividend yield for the trailing twelve months is around 1.85%, while SOXL has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JKHY Jack Henry & Associates, Inc.	1.85%	1.27%	1.25%	1.27%	1.12%	1.10%	1.06%	1.10%	1.17%	1.06%	1.26%	1.28%
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%	0.00%

Frequently Asked Questions

Can I hold both JKHY and SOXL in my portfolio?

JKHY and SOXL have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JKHY or SOXL?

SOXL has higher volatility (66.73%) compared to JKHY (8.88%). In terms of maximum drawdown, JKHY dropped -73.42% vs SOXL's -90.46%.

Which has better risk-adjusted returns?

SOXL currently has the higher Sharpe Ratio (8.03 vs -1.05), 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.