PLTU vs. SOXS
PLTU (Direxion Daily PLTR Bull 2X ETF) and SOXS (Direxion Daily Semiconductor Bear 3x Shares) are both exchange-traded funds - PLTU is a Leveraged Equities fund actively managed by Direxion, while SOXS is a Inverse Equities fund tracking the PHLX Semiconductor Index (-300%). PLTU is actively managed, while SOXS is passively managed. Over the past year, PLTU returned -45.63% vs -97.00% for SOXS. Their -0.33 correlation means they have often moved in opposite directions in the past. PLTU charges 0.86%/yr vs 1.08%/yr for SOXS.
Performance
PLTU vs. SOXS - Performance Comparison
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Returns By Period
In the year-to-date period, PLTU achieves a -41.29% return, which is significantly higher than SOXS's -92.66% return.
PLTU
- 1D
- -5.09%
- 1M
- 31.95%
- 6M
- 0.05%
- YTD
- -41.29%
- 1Y
- -45.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 60.34%
SOXS
- 1D
- 6.50%
- 1M
- 8.11%
- 6M
- -89.70%
- YTD
- -92.66%
- 1Y
- -97.00%
- 3Y*
- -85.99%
- 5Y*
- -79.01%
- 10Y*
- -78.31%
- ALL TIME*
- -71.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $128.32M | $105.18M | $113.60M | |
| $3.91B | $3.44B | $3.36B |
PLTU vs. SOXS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PLTU Direxion Daily PLTR Bull 2X ETF | -41.29% | 223.17% | 14.77% |
SOXS Direxion Daily Semiconductor Bear 3x Shares | -92.66% | -85.53% | -5.45% |
Correlation
The correlation between PLTU and SOXS is -0.21, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.21 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2024 | -0.33 |
The correlation between PLTU and SOXS shifts across timeframes, from -0.33 (all time) to -0.21 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PLTU vs. SOXS — Risk / Return Rank
PLTU
SOXS
PLTU vs. SOXS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily PLTR Bull 2X ETF (PLTU) and Direxion Daily Semiconductor Bear 3x Shares (SOXS). 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.
| PLTU | SOXS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +2.66 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.72 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | -0.99 | +0.42 |
| Martin ratioReturn relative to average drawdown | -0.93 | -1.34 | +0.41 |
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Drawdowns
PLTU vs. SOXS - Drawdown Comparison
The maximum PLTU drawdown since its inception was -79.43%, smaller than the maximum SOXS drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for PLTU and SOXS.
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Drawdown Indicators
| PLTU | SOXS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.43% | -100.00% | +20.57% |
Max Drawdown (1Y)Largest decline over 1 year | -79.43% | -97.89% | +18.46% |
Max Drawdown (3Y)Largest decline over 3 years | — | -99.87% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -99.98% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -100.00% | — |
Current DrawdownCurrent decline from peak | -59.18% | -100.00% | +40.82% |
Average DrawdownAverage peak-to-trough decline | -35.85% | -92.66% | +56.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 48.98% | 72.05% | -23.07% |
Volatility
PLTU vs. SOXS - Volatility Comparison
Direxion Daily PLTR Bull 2X ETF (PLTU) and Direxion Daily Semiconductor Bear 3x Shares (SOXS) have volatilities of 53.82% and 56.43%, 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.
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Volatility by Period
| PLTU | SOXS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 53.82% | 56.43% | -2.61% |
Volatility (6M)Calculated over the trailing 6-month period | 92.81% | 118.41% | -25.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 119.30% | 133.96% | -14.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 132.75% | 114.97% | +17.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 132.75% | 103.97% | +28.78% |
PLTU vs. SOXS - Expense Ratio Comparison
PLTU has a 0.86% expense ratio, which is lower than SOXS's 1.08% expense ratio.
Dividends
PLTU vs. SOXS - Dividend Comparison
PLTU's dividend yield for the trailing twelve months is around 40.61%, less than SOXS's 50.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
PLTU Direxion Daily PLTR Bull 2X ETF | 40.61% | 23.29% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SOXS Direxion Daily Semiconductor Bear 3x Shares | 50.37% | 10.79% | 5.45% | 9.22% | 0.19% | 0.00% | 3.58% | 2.30% | 0.76% |
Frequently Asked Questions
PLTU and SOXS have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOXS has higher volatility (56.43%) compared to PLTU (53.82%). In terms of maximum drawdown, PLTU dropped -79.43% vs SOXS's -100.00%.
On 1-year performance, PLTU leads with -45.63% vs -97.00% for SOXS. On fees, PLTU is cheaper at 0.86% per year. On volatility, PLTU has been the lower-risk option at 53.82%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, PLTU has performed better with a -45.63% return vs -97.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PLTU is cheaper with a 0.86% expense ratio, compared with 1.08% for SOXS.
SOXS has the higher dividend yield at 50.37%, compared with 40.61% for PLTU.
PLTU is categorized as Leveraged Equities, while SOXS is Inverse Equities. Their fees differ too: 0.86% for PLTU and 1.08% for SOXS.
PLTU currently has the higher Sharpe Ratio (-0.39 vs -0.72), 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.
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