PLTZ vs. SOXS

Last updated Apr 1, 2026

Compare and contrast key facts about Defiance Daily Target 2X Short PLTR ETF (PLTZ) and Direxion Daily Semiconductor Bear 3x Shares (SOXS).

PLTZ and SOXS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PLTZ is an actively managed fund by Defiance. It was launched on Jun 5, 2025. SOXS 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

PLTZ vs. SOXS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Short PLTR ETF (PLTZ) and Direxion Daily Semiconductor Bear 3x Shares (SOXS). The values are adjusted to include any dividend payments, if applicable.

PLTZ vs. SOXS - Yearly Performance Comparison

	2026 (YTD)	2025
PLTZ Defiance Daily Target 2X Short PLTR ETF	17.95%	-64.39%
SOXS Direxion Daily Semiconductor Bear 3x Shares	-35.85%	-70.16%

Returns By Period

In the year-to-date period, PLTZ achieves a 17.95% return, which is significantly higher than SOXS's -35.85% return.

PLTZ

• 1D: -12.66%
• 1M: -18.37%
• YTD: 17.95%
• 6M: 2.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXS

• 1D: -18.22%
• 1M: 12.17%
• YTD: -35.85%
• 6M: -60.64%
• 1Y: -92.86%
• 3Y*: -75.94%
• 5Y*: -69.51%
• 10Y*: -74.41%

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

PLTZ vs. SOXS - Expense Ratio Comparison

PLTZ has a 1.29% expense ratio, which is higher than SOXS's 1.08% expense ratio.

PLTZ

Defiance Daily Target 2X Short PLTR ETF

SOXS

Direxion Daily Semiconductor Bear 3x Shares

Return for Risk

PLTZ vs. SOXS — Risk / Return Rank

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

SOXS

SOXS Risk / Return Rank: 1
SOXS Sharpe Ratio Rank: 2
SOXS Sortino Ratio Rank: 0
SOXS Omega Ratio Rank: 0
SOXS Calmar Ratio Rank: 0
SOXS Martin Ratio Rank: 4

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.

PLTZ vs. SOXS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Short PLTR ETF (PLTZ) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PLTZ	SOXS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.78	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.66	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.67	-0.75	+0.09

Correlation

The correlation between PLTZ and SOXS is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PLTZ vs. SOXS - Dividend Comparison

PLTZ has not paid dividends to shareholders, while SOXS's dividend yield for the trailing twelve months is around 8.42%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
PLTZ Defiance Daily Target 2X Short PLTR ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SOXS Direxion Daily Semiconductor Bear 3x Shares	8.42%	10.79%	5.45%	9.22%	0.19%	0.00%	3.58%	2.30%	0.76%

Drawdowns

PLTZ vs. SOXS - Drawdown Comparison

The maximum PLTZ drawdown since its inception was -69.95%, smaller than the maximum SOXS drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for PLTZ and SOXS.

Drawdown Indicators

	PLTZ	SOXS	Difference
Max Drawdown Largest peak-to-trough decline	-69.95%	-100.00%	+30.05%
Max Drawdown (1Y) Largest decline over 1 year	—	-96.52%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-99.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-100.00%	—
Current Drawdown Current decline from peak	-58.00%	-100.00%	+42.00%
Average Drawdown Average peak-to-trough decline	-50.80%	-92.52%	+41.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	85.40%	—

Volatility

Volatility by Period

	PLTZ	SOXS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	40.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	78.54%	—
Volatility (1Y) Calculated over the trailing 1-year period	99.11%	119.87%	-20.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	99.11%	106.45%	-7.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	99.11%	99.17%	-0.06%