RGTI vs. SOXL
RGTI (Rigetti Computing Inc) is a stock, while SOXL (Direxion Daily Semiconductor Bull 3X ETF) is Leveraged Equities fund tracking the ICE Semiconductor Index. Over the past 5 years, RGTI returned 16.53%/yr vs 43.69%/yr for SOXL. At a 0.36 correlation, their price movements are largely independent.
Performance
RGTI vs. SOXL - Performance Comparison
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Returns By Period
In the year-to-date period, RGTI achieves a -5.28% return, which is significantly lower than SOXL's 458.36% return.
RGTI
- 1D
- 1.70%
- 1M
- 8.87%
- YTD
- -5.28%
- 6M
- -18.81%
- 1Y
- 84.04%
- 3Y*
- 152.06%
- 5Y*
- 16.53%
- 10Y*
- —
SOXL
- 1D
- 4.77%
- 1M
- 26.04%
- YTD
- 458.36%
- 6M
- 462.65%
- 1Y
- 1,075.10%
- 3Y*
- 110.81%
- 5Y*
- 43.69%
- 10Y*
- 63.20%
RGTI vs. SOXL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RGTI Rigetti Computing Inc | -5.28% | 45.15% | 1,449.40% | 35.07% | -92.91% | 3.94% |
SOXL Direxion Daily Semiconductor Bull 3X ETF | 458.36% | 54.91% | -12.31% | 226.98% | -85.66% | 66.94% |
Correlation
The correlation between RGTI and SOXL is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2021 | 0.36 |
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Return for Risk
RGTI vs. SOXL — Risk / Return Rank
RGTI
SOXL
RGTI vs. SOXL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rigetti Computing Inc (RGTI) 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.
| RGTI | SOXL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -8.31 | ||
| Sortino ratioReturn per unit of downside risk | -2.45 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.60 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | 0.96 | 22.91 | -21.96 |
| Martin ratioReturn relative to average drawdown | 1.47 | 74.51 | -73.03 |
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Drawdowns
RGTI vs. SOXL - Drawdown Comparison
The maximum RGTI drawdown since its inception was -96.89%, which is greater than SOXL's maximum drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for RGTI and SOXL.
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Drawdown Indicators
| RGTI | SOXL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.89% | -90.46% | -6.43% |
Max Drawdown (1Y)Largest decline over 1 year | -77.10% | -43.47% | -33.63% |
Max Drawdown (3Y)Largest decline over 3 years | -78.83% | -87.88% | +9.05% |
Max Drawdown (5Y)Largest decline over 5 years | -96.89% | -90.46% | -6.43% |
Max Drawdown (10Y)Largest decline over 10 years | — | -90.46% | — |
Current DrawdownCurrent decline from peak | -62.76% | -16.35% | -46.41% |
Average DrawdownAverage peak-to-trough decline | -58.84% | -34.99% | -23.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 49.98% | 13.35% | +36.63% |
Volatility
RGTI vs. SOXL - Volatility Comparison
The current volatility for Rigetti Computing Inc (RGTI) is 44.79%, while Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a volatility of 58.17%. This indicates that RGTI 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.
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Volatility by Period
| RGTI | SOXL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 44.79% | 58.17% | -13.38% |
Volatility (6M)Calculated over the trailing 6-month period | 71.15% | 93.93% | -22.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 109.21% | 110.81% | -1.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 128.97% | 108.96% | +20.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 127.17% | 99.99% | +27.18% |
Dividends
RGTI vs. SOXL - Dividend Comparison
RGTI has not paid dividends to shareholders, while SOXL's dividend yield for the trailing twelve months is around 0.03%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
RGTI Rigetti Computing 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 ETF | 0.03% | 0.34% | 1.18% | 0.51% | 1.07% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% |
Frequently Asked Questions
RGTI and SOXL have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOXL has higher volatility (58.17%) compared to RGTI (44.79%). In terms of maximum drawdown, RGTI dropped -96.89% vs SOXL's -90.46%.
SOXL currently has the higher Sharpe Ratio (8.99 vs 0.68), 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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