ORLY vs. SOXL

Last updated Jun 25, 2026

ORLY (O'Reilly Automotive, 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, ORLY returned 17.28%/yr vs 64.42%/yr for SOXL. At a 0.29 correlation, their price movements are largely independent.

Performance

ORLY vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in O'Reilly Automotive, Inc. (ORLY) 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, ORLY achieves a -3.72% return, which is significantly lower than SOXL's 446.21% return. Over the past 10 years, ORLY has underperformed SOXL with an annualized return of 17.28%, while SOXL has yielded a comparatively higher 64.42% annualized return.

ORLY

• 1D: 0.32%
• 1M: -4.27%
• YTD: -3.72%
• 6M: -4.96%
• 1Y: -1.53%
• 3Y*: 12.52%
• 5Y*: 18.78%
• 10Y*: 17.28%

SOXL

• 1D: -0.80%
• 1M: 20.47%
• YTD: 446.21%
• 6M: 419.27%
• 1Y: 858.82%
• 3Y*: 120.25%
• 5Y*: 42.22%
• 10Y*: 64.42%

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

ORLY vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ORLY O'Reilly Automotive, Inc.	-3.72%	15.38%	24.81%	12.56%	19.51%	56.05%	3.27%	27.28%	43.15%	-13.60%
SOXL Direxion Daily Semiconductor Bull 3X ETF	446.21%	54.91%	-12.31%	226.98%	-85.66%	118.84%	70.04%	231.83%	-39.07%	141.71%

Correlation

The correlation between ORLY and SOXL is -0.22, 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	-0.22
Correlation (3Y) Calculated over the trailing 3-year period	-0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (10Y) Calculated over the trailing 10-year period	0.20
Correlation (All Time) Calculated using the full available price history since Mar 11, 2010	0.29

The correlation between ORLY and SOXL shifts across timeframes, from -0.22 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ORLY vs. SOXL — Risk / Return Rank

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

ORLY

ORLY Risk / Return Rank: 38
ORLY Sharpe Ratio Rank: 41
ORLY Sortino Ratio Rank: 34
ORLY Omega Ratio Rank: 33
ORLY Calmar Ratio Rank: 41
ORLY Martin Ratio Rank: 40

SOXL

SOXL Risk / Return Rank: 96
SOXL Sharpe Ratio Rank: 99
SOXL Sortino Ratio Rank: 91
SOXL Omega Ratio Rank: 92
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.

ORLY vs. SOXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for O'Reilly Automotive, Inc. (ORLY) 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.

	ORLY	SOXL	Difference
Sharpe ratio: Return per unit of total volatility	-0.07	7.45	-7.52
Sortino ratio: Return per unit of downside risk	0.07	3.87	-3.81
Omega ratio: Gain probability vs. loss probability	1.01	1.56	-0.55
Calmar ratio: Return relative to maximum drawdown	-0.07	19.95	-20.03
Martin ratio: Return relative to average drawdown	-0.14	63.67	-63.81

ORLY vs. SOXL - Sharpe Ratio Comparison

The current ORLY Sharpe Ratio is -0.07, which is lower than the SOXL Sharpe Ratio of 7.45. The chart below compares the historical Sharpe Ratios of ORLY 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

ORLY vs. SOXL - Drawdown Comparison

The maximum ORLY drawdown since its inception was -65.42%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for ORLY and SOXL.

Drawdown Indicators

	ORLY	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-65.42%	-90.46%	+25.04%
Max Drawdown (1Y) Largest decline over 1 year	-20.58%	-43.47%	+22.89%
Max Drawdown (3Y) Largest decline over 3 years	-20.58%	-87.88%	+67.30%
Max Drawdown (5Y) Largest decline over 5 years	-23.03%	-90.46%	+67.43%
Max Drawdown (10Y) Largest decline over 10 years	-42.00%	-90.46%	+48.46%
Current Drawdown Current decline from peak	-18.55%	-23.67%	+5.12%
Average Drawdown Average peak-to-trough decline	-10.79%	-34.95%	+24.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.18%	13.60%	-2.42%

Volatility

ORLY vs. SOXL - Volatility Comparison

The current volatility for O'Reilly Automotive, Inc. (ORLY) is 6.62%, while Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a volatility of 68.18%. This indicates that ORLY 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

	ORLY	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.62%	68.18%	-61.56%
Volatility (6M) Calculated over the trailing 6-month period	18.02%	99.65%	-81.63%
Volatility (1Y) Calculated over the trailing 1-year period	22.92%	116.81%	-93.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.71%	110.33%	-87.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.56%	100.60%	-74.04%

Dividends

ORLY vs. SOXL - Dividend Comparison

Neither ORLY nor SOXL has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ORLY O'Reilly Automotive, Inc.	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	0.00%	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 ORLY and SOXL in my portfolio?

ORLY and SOXL have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ORLY or SOXL?

SOXL has higher volatility (68.18%) compared to ORLY (6.62%). In terms of maximum drawdown, ORLY dropped -65.42% vs SOXL's -90.46%.

Which has better risk-adjusted returns?

SOXL currently has the higher Sharpe Ratio (7.45 vs -0.07), 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.