OSCR vs. SOXL

Last updated Jun 5, 2026

OSCR (Oscar Health, Inc.) is a stock, while SOXL (Direxion Daily Semiconductor Bull 3X ETF) is Leveraged Equities fund tracking the ICE Semiconductor Index. Over the past 5 years, OSCR returned -1.69%/yr vs 46.78%/yr for SOXL. At a 0.28 correlation, their price movements are largely independent.

Performance

OSCR vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oscar Health, Inc. (OSCR) 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, OSCR achieves a 64.23% return, which is significantly lower than SOXL's 525.03% return.

OSCR

• 1D: 15.12%
• 1M: 31.55%
• YTD: 64.23%
• 6M: 37.37%
• 1Y: 66.78%
• 3Y*: 41.67%
• 5Y*: -1.69%
• 10Y*: —

SOXL

• 1D: -6.36%
• 1M: 82.23%
• YTD: 525.03%
• 6M: 481.71%
• 1Y: 1,280.87%
• 3Y*: 133.82%
• 5Y*: 46.78%
• 10Y*: 64.43%

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

OSCR vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
OSCR Oscar Health, Inc.	64.23%	6.92%	46.89%	271.95%	-68.66%	-77.44%
SOXL Direxion Daily Semiconductor Bull 3X ETF	525.03%	54.91%	-12.31%	226.98%	-85.66%	94.39%

Correlation

The correlation between OSCR and SOXL is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (All Time) Calculated using the full available price history since Mar 4, 2021	0.28

The correlation between OSCR and SOXL shifts across timeframes, from 0.09 (1 year) to 0.28 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

OSCR vs. SOXL — Risk / Return Rank

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

OSCR

OSCR Risk / Return Rank: 67
OSCR Sharpe Ratio Rank: 69
OSCR Sortino Ratio Rank: 69
OSCR Omega Ratio Rank: 67
OSCR Calmar Ratio Rank: 67
OSCR Martin Ratio Rank: 64

SOXL

SOXL Risk / Return Rank: 97
SOXL Sharpe Ratio Rank: 100
SOXL Sortino Ratio Rank: 95
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.

OSCR vs. SOXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oscar Health, Inc. (OSCR) 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.

	OSCR	SOXL	Difference
Sharpe ratio: Return per unit of total volatility	0.86	12.69	-11.83
Sortino ratio: Return per unit of downside risk	1.66	4.98	-3.32
Omega ratio: Gain probability vs. loss probability	1.20	1.69	-0.48
Calmar ratio: Return relative to maximum drawdown	1.30	29.80	-28.50
Martin ratio: Return relative to average drawdown	2.41	102.14	-99.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OSCR vs. SOXL - Sharpe Ratio Comparison

The current OSCR Sharpe Ratio is 0.86, which is lower than the SOXL Sharpe Ratio of 12.69. The chart below compares the historical Sharpe Ratios of OSCR 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.

Sharpe Ratios by Period

	OSCR	SOXL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.86	12.69	-11.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	0.44	-0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.09	0.51	-0.60

Drawdowns

OSCR vs. SOXL - Drawdown Comparison

The maximum OSCR drawdown since its inception was -94.15%, roughly equal to the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for OSCR and SOXL.

Drawdown Indicators

	OSCR	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-94.15%	-90.46%	-3.69%
Max Drawdown (1Y) Largest decline over 1 year	-51.71%	-43.47%	-8.24%
Max Drawdown (3Y) Largest decline over 3 years	-53.39%	-87.88%	+34.49%
Max Drawdown (5Y) Largest decline over 5 years	-92.65%	-90.46%	-2.19%
Max Drawdown (10Y) Largest decline over 10 years	—	-90.46%	—
Current Drawdown Current decline from peak	-35.82%	-6.36%	-29.46%
Average Drawdown Average peak-to-trough decline	-65.18%	-35.01%	-30.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.81%	12.66%	+15.15%

Volatility

OSCR vs. SOXL - Volatility Comparison

The current volatility for Oscar Health, Inc. (OSCR) is 25.17%, while Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a volatility of 41.05%. This indicates that OSCR 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

	OSCR	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.17%	41.05%	-15.88%
Volatility (6M) Calculated over the trailing 6-month period	44.26%	81.57%	-37.31%
Volatility (1Y) Calculated over the trailing 1-year period	78.12%	102.16%	-24.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.75%	107.25%	-26.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.95%	99.05%	-19.10%

Dividends

OSCR vs. SOXL - Dividend Comparison

OSCR 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
OSCR Oscar Health, 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	0.03%	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 OSCR and SOXL in my portfolio?

OSCR and SOXL have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OSCR or SOXL?

SOXL has higher volatility (41.05%) compared to OSCR (25.17%). In terms of maximum drawdown, OSCR dropped -94.15% vs SOXL's -90.46%.

Which has better risk-adjusted returns?

SOXL currently has the higher Sharpe Ratio (12.69 vs 0.86), 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.