RGTX vs. SOXL

Last updated Jun 26, 2026

RGTX (Defiance Daily Target 2X Long RGTI ETF) and SOXL (Direxion Daily Semiconductor Bull 3X ETF) are both Leveraged Equities funds. RGTX is actively managed, while SOXL is passively managed. Over the past year, RGTX returned -38.90% vs 928.01% for SOXL. At a 0.40 correlation, their price movements are largely independent. RGTX charges 1.29%/yr vs 0.75%/yr for SOXL.

Performance

RGTX vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long RGTI ETF (RGTX) 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, RGTX achieves a -65.29% return, which is significantly lower than SOXL's 501.02% return.

RGTX

• 1D: -12.00%
• 1M: -53.67%
• YTD: -65.29%
• 6M: -72.18%
• 1Y: -38.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXL

• 1D: 10.04%
• 1M: 11.88%
• YTD: 501.02%
• 6M: 471.39%
• 1Y: 928.01%
• 3Y*: 126.70%
• 5Y*: 44.97%
• 10Y*: 68.12%

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

RGTX vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025
RGTX Defiance Daily Target 2X Long RGTI ETF	-65.29%	162.83%
SOXL Direxion Daily Semiconductor Bull 3X ETF	501.02%	164.42%

Correlation

The correlation between RGTX and SOXL is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (All Time) Calculated using the full available price history since Apr 1, 2025	0.40

RGTX vs. SOXL - Sectors Allocation Comparison

Sectors	RGTX	SOXL
Technology	100.0%	100.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

RGTX vs. SOXL — Risk / Return Rank

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

RGTX

RGTX Risk / Return Rank: 14
RGTX Sharpe Ratio Rank: 8
RGTX Sortino Ratio Rank: 26
RGTX Omega Ratio Rank: 22
RGTX Calmar Ratio Rank: 6
RGTX Martin Ratio Rank: 7

SOXL

SOXL Risk / Return Rank: 97
SOXL Sharpe Ratio Rank: 99
SOXL Sortino Ratio Rank: 93
SOXL Omega Ratio Rank: 93
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.

RGTX vs. SOXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long RGTI ETF (RGTX) 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.

	RGTX	SOXL	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	8.03	-8.21
Sortino ratio: Return per unit of downside risk	1.35	3.97	-2.62
Omega ratio: Gain probability vs. loss probability	1.15	1.57	-0.42
Calmar ratio: Return relative to maximum drawdown	-0.40	21.57	-21.97
Martin ratio: Return relative to average drawdown	-0.52	68.63	-69.15

RGTX vs. SOXL - Sharpe Ratio Comparison

The current RGTX Sharpe Ratio is -0.18, which is lower than the SOXL Sharpe Ratio of 8.03. The chart below compares the historical Sharpe Ratios of RGTX 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

RGTX vs. SOXL - Drawdown Comparison

The maximum RGTX drawdown since its inception was -97.33%, which is greater than SOXL's maximum drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for RGTX and SOXL.

Drawdown Indicators

	RGTX	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-97.33%	-90.46%	-6.87%
Max Drawdown (1Y) Largest decline over 1 year	-97.33%	-43.47%	-53.86%
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	-96.41%	-16.01%	-80.40%
Average Drawdown Average peak-to-trough decline	-56.80%	-34.94%	-21.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	74.46%	13.64%	+60.82%

Volatility

RGTX vs. SOXL - Volatility Comparison

Defiance Daily Target 2X Long RGTI ETF (RGTX) and Direxion Daily Semiconductor Bull 3X ETF (SOXL) have volatilities of 64.25% and 66.73%, 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.

Volatility by Period

	RGTX	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	64.25%	66.73%	-2.48%
Volatility (6M) Calculated over the trailing 6-month period	140.17%	99.97%	+40.20%
Volatility (1Y) Calculated over the trailing 1-year period	218.82%	116.70%	+102.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	222.94%	110.41%	+112.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	222.94%	100.63%	+122.31%

RGTX vs. SOXL - Expense Ratio Comparison

RGTX has a 1.29% expense ratio, which is higher than SOXL's 0.75% expense ratio.

Dividends

RGTX vs. SOXL - Dividend Comparison

RGTX's dividend yield for the trailing twelve months is around 1.57%, while SOXL has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
RGTX Defiance Daily Target 2X Long RGTI ETF	1.57%	0.55%	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 RGTX and SOXL in my portfolio?

RGTX and SOXL have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RGTX or SOXL?

SOXL has higher volatility (66.73%) compared to RGTX (64.25%). In terms of maximum drawdown, RGTX dropped -97.33% vs SOXL's -90.46%.

Which ETF is better, RGTX or SOXL?

On 1-year performance, SOXL leads with 928.01% vs -38.90% for RGTX. On fees, SOXL is cheaper at 0.75% per year. On volatility, RGTX has been the lower-risk option at 64.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RGTX or SOXL?

Over the 1-year period, SOXL has performed better with a 928.01% return vs -38.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RGTX or SOXL?

SOXL is cheaper with a 0.75% expense ratio, compared with 1.29% for RGTX.

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

RGTX has the higher dividend yield at 1.57%, compared with 0.00% for SOXL.

What is the main difference between RGTX and SOXL?

They also come from different issuers: Defiance and Direxion. Their fees differ too: 1.29% for RGTX and 0.75% for SOXL.

Which has better risk-adjusted returns?

SOXL currently has the higher Sharpe Ratio (8.03 vs -0.18), 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.