RCAT vs. SOXL
Compare and contrast key facts about Red Cat Holdings, Inc. (RCAT) and Direxion Daily Semiconductor Bull 3x Shares (SOXL).
SOXL is a passively managed fund by Direxion that tracks the performance of the PHLX Semiconductor Index (300%). It was launched on Mar 11, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RCAT or SOXL.
Correlation
The correlation between RCAT and SOXL is 0.07, 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.
Performance
RCAT vs. SOXL - Performance Comparison
Key characteristics
RCAT:
9.37
SOXL:
-0.07
RCAT:
5.02
SOXL:
0.61
RCAT:
1.62
SOXL:
1.08
RCAT:
11.68
SOXL:
-0.12
RCAT:
61.11
SOXL:
-0.21
RCAT:
19.05%
SOXL:
35.51%
RCAT:
124.16%
SOXL:
101.81%
RCAT:
-99.76%
SOXL:
-90.46%
RCAT:
-95.11%
SOXL:
-61.08%
Returns By Period
In the year-to-date period, RCAT achieves a 826.14% return, which is significantly higher than SOXL's -10.89% return.
RCAT
826.14%
66.33%
699.02%
1,214.52%
62.71%
N/A
SOXL
-10.89%
0.58%
-57.15%
-8.80%
9.08%
29.77%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
RCAT vs. SOXL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Red Cat Holdings, Inc. (RCAT) and Direxion Daily Semiconductor Bull 3x Shares (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.
Dividends
RCAT vs. SOXL - Dividend Comparison
RCAT has not paid dividends to shareholders, while SOXL's dividend yield for the trailing twelve months is around 1.10%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
RCAT Red Cat Holdings, 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 Shares | 1.10% | 0.51% | 1.08% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% | 0.00% | 0.00% |
Drawdowns
RCAT vs. SOXL - Drawdown Comparison
The maximum RCAT drawdown since its inception was -99.76%, which is greater than SOXL's maximum drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for RCAT and SOXL. For additional features, visit the drawdowns tool.
Volatility
RCAT vs. SOXL - Volatility Comparison
Red Cat Holdings, Inc. (RCAT) has a higher volatility of 64.03% compared to Direxion Daily Semiconductor Bull 3x Shares (SOXL) at 24.09%. This indicates that RCAT's price experiences larger fluctuations and is considered to be riskier than SOXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.