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.
Key characteristics
| RCAT | SOXL | |
|---|---|---|
| YTD Return | 356.82% | -5.22% |
| 1Y Return | 366.57% | 31.80% |
| 3Y Return (Ann) | 16.13% | -21.85% |
| 5Y Return (Ann) | 29.91% | 14.44% |
| Sharpe Ratio | 3.37 | 0.35 |
| Sortino Ratio | 3.24 | 1.14 |
| Omega Ratio | 1.43 | 1.15 |
| Calmar Ratio | 3.68 | 0.49 |
| Martin Ratio | 19.13 | 1.12 |
| Ulcer Index | 19.16% | 30.94% |
| Daily Std Dev | 108.66% | 100.23% |
| Max Drawdown | -99.76% | -90.46% |
| Current Drawdown | -97.59% | -58.60% |
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
In the year-to-date period, RCAT achieves a 356.82% return, which is significantly higher than SOXL's -5.22% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 1.04%.
| 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 | 1.04% | 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) and Direxion Daily Semiconductor Bull 3x Shares (SOXL) have volatilities of 23.59% and 24.66%, 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.