NVDU vs. SOXL
Compare and contrast key facts about Direxion Daily NVDA Bull 2X Shares ETF (NVDU) and Direxion Daily Semiconductor Bull 3x Shares (SOXL).
NVDU and SOXL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NVDU is an actively managed fund by Direxion. It was launched on Sep 13, 2023. 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.
Performance
NVDU vs. SOXL - Performance Comparison
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NVDU vs. SOXL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NVDU Direxion Daily NVDA Bull 2X Shares ETF | -16.24% | 33.65% | 289.29% | 9.96% |
SOXL Direxion Daily Semiconductor Bull 3x Shares | 24.34% | 54.91% | -12.31% | 48.48% |
Returns By Period
In the year-to-date period, NVDU achieves a -16.24% return, which is significantly lower than SOXL's 24.34% return.
NVDU
- 1D
- 1.74%
- 1M
- -9.05%
- YTD
- -16.24%
- 6M
- -21.93%
- 1Y
- 92.89%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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%
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NVDU vs. SOXL - Expense Ratio Comparison
NVDU has a 1.04% expense ratio, which is higher than SOXL's 0.99% expense ratio.
Return for Risk
NVDU vs. SOXL — Risk / Return Rank
NVDU
SOXL
NVDU vs. SOXL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily NVDA Bull 2X Shares ETF (NVDU) 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.
| NVDU | SOXL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.14 | 1.93 | -0.79 |
Sortino ratioReturn per unit of downside risk | 1.90 | 2.46 | -0.56 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.35 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 2.32 | 4.64 | -2.33 |
Martin ratioReturn relative to average drawdown | 5.54 | 14.09 | -8.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NVDU | SOXL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | 1.93 | -0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.05 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.42 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 0.36 | +0.57 |
Correlation
The correlation between NVDU and SOXL is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
NVDU vs. SOXL - Dividend Comparison
NVDU's dividend yield for the trailing twelve months is around 6.92%, more than SOXL's 0.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
NVDU Direxion Daily NVDA Bull 2X Shares ETF | 6.92% | 5.68% | 16.85% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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
NVDU vs. SOXL - Drawdown Comparison
The maximum NVDU drawdown since its inception was -67.27%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for NVDU and SOXL.
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Drawdown Indicators
| NVDU | SOXL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.27% | -90.46% | +23.19% |
Max Drawdown (1Y)Largest decline over 1 year | -42.27% | -49.26% | +6.99% |
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 | -34.90% | -27.28% | -7.62% |
Average DrawdownAverage peak-to-trough decline | -19.07% | -35.34% | +16.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.68% | 16.23% | +1.45% |
Volatility
NVDU vs. SOXL - Volatility Comparison
The current volatility for Direxion Daily NVDA Bull 2X Shares ETF (NVDU) is 20.47%, while Direxion Daily Semiconductor Bull 3x Shares (SOXL) has a volatility of 38.35%. This indicates that NVDU 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.
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Volatility by Period
| NVDU | SOXL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.47% | 38.35% | -17.88% |
Volatility (6M)Calculated over the trailing 6-month period | 51.19% | 79.93% | -28.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 81.98% | 119.50% | -37.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 91.99% | 105.40% | -13.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 91.99% | 97.72% | -5.73% |