QUBX vs. SOXL

Last updated Jun 25, 2026

QUBX (Tradr 2X Long QUBT Daily ETF) and SOXL (Direxion Daily Semiconductor Bull 3X ETF) are both Leveraged Equities funds. Over the past year, QUBX returned -91.08% vs 858.82% for SOXL. At a 0.33 correlation, their price movements are largely independent. QUBX charges 1.30%/yr vs 0.75%/yr for SOXL.

Performance

QUBX vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long QUBT Daily ETF (QUBX) 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, QUBX achieves a -48.88% return, which is significantly lower than SOXL's 446.21% return.

QUBX

• 1D: -14.85%
• 1M: -44.16%
• YTD: -48.88%
• 6M: -59.20%
• 1Y: -91.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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)

QUBX vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025
QUBX Tradr 2X Long QUBT Daily ETF	-48.88%	-83.01%
SOXL Direxion Daily Semiconductor Bull 3X ETF	446.21%	95.44%

Correlation

The correlation between QUBX and SOXL is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025	0.33

Return for Risk

QUBX vs. SOXL — Risk / Return Rank

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

QUBX

QUBX Risk / Return Rank: 4
QUBX Sharpe Ratio Rank: 6
QUBX Sortino Ratio Rank: 6
QUBX Omega Ratio Rank: 6
QUBX Calmar Ratio Rank: 1
QUBX Martin Ratio Rank: 4

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.

QUBX vs. SOXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long QUBT Daily ETF (QUBX) 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.

	QUBX	SOXL	Difference
Sharpe ratio: Return per unit of total volatility	-0.45	7.45	-7.91
Sortino ratio: Return per unit of downside risk	-0.38	3.87	-4.25
Omega ratio: Gain probability vs. loss probability	0.96	1.56	-0.60
Calmar ratio: Return relative to maximum drawdown	-0.95	19.95	-20.90
Martin ratio: Return relative to average drawdown	-1.20	63.67	-64.87

QUBX vs. SOXL - Sharpe Ratio Comparison

The current QUBX Sharpe Ratio is -0.45, which is lower than the SOXL Sharpe Ratio of 7.45. The chart below compares the historical Sharpe Ratios of QUBX 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

QUBX vs. SOXL - Drawdown Comparison

The maximum QUBX drawdown since its inception was -96.40%, which is greater than SOXL's maximum drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for QUBX and SOXL.

Drawdown Indicators

	QUBX	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-96.40%	-90.46%	-5.94%
Max Drawdown (1Y) Largest decline over 1 year	-96.40%	-43.47%	-52.93%
Max Drawdown (3Y) Largest decline over 3 years	—	-87.88%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-90.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-90.46%	—
Current Drawdown Current decline from peak	-93.79%	-23.67%	-70.12%
Average Drawdown Average peak-to-trough decline	-70.76%	-34.95%	-35.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	75.78%	13.60%	+62.18%

Volatility

QUBX vs. SOXL - Volatility Comparison

The current volatility for Tradr 2X Long QUBT Daily ETF (QUBX) is 57.66%, while Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a volatility of 68.18%. This indicates that QUBX 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

	QUBX	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	57.66%	68.18%	-10.52%
Volatility (6M) Calculated over the trailing 6-month period	133.93%	99.65%	+34.28%
Volatility (1Y) Calculated over the trailing 1-year period	200.88%	116.81%	+84.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	200.88%	110.33%	+90.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	200.88%	100.60%	+100.28%

QUBX vs. SOXL - Expense Ratio Comparison

QUBX has a 1.30% expense ratio, which is higher than SOXL's 0.75% expense ratio.

Dividends

QUBX vs. SOXL - Dividend Comparison

Neither QUBX nor SOXL has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
QUBX Tradr 2X Long QUBT Daily ETF	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 QUBX and SOXL in my portfolio?

QUBX and SOXL have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QUBX or SOXL?

SOXL has higher volatility (68.18%) compared to QUBX (57.66%). In terms of maximum drawdown, QUBX dropped -96.40% vs SOXL's -90.46%.

Which ETF is better, QUBX or SOXL?

On 1-year performance, SOXL leads with 858.82% vs -91.08% for QUBX. On fees, SOXL is cheaper at 0.75% per year. On volatility, QUBX has been the lower-risk option at 57.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QUBX or SOXL?

Over the 1-year period, SOXL has performed better with a 858.82% return vs -91.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QUBX or SOXL?

SOXL is cheaper with a 0.75% expense ratio, compared with 1.30% for QUBX.

Which ETF pays a higher dividend yield, QUBX or SOXL?

QUBX and SOXL have nearly identical dividend yields, around 0.00%.

What is the main difference between QUBX and SOXL?

They also come from different issuers: Tradr and Direxion. Their fees differ too: 1.30% for QUBX and 0.75% for SOXL.

Which has better risk-adjusted returns?

SOXL currently has the higher Sharpe Ratio (7.45 vs -0.45), 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.