SNAP vs. SOXL

Last updated Apr 1, 2026

Compare and contrast key facts about Snap Inc. (SNAP) 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.

Performance

SNAP vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Snap Inc. (SNAP) and Direxion Daily Semiconductor Bull 3x Shares (SOXL). The values are adjusted to include any dividend payments, if applicable.

SNAP vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SNAP Snap Inc.	-43.00%	-25.07%	-36.39%	89.16%	-80.97%	-6.07%	206.61%	196.37%	-62.29%	-40.32%
SOXL Direxion Daily Semiconductor Bull 3x Shares	13.99%	54.91%	-12.31%	226.98%	-85.66%	118.84%	70.04%	231.83%	-39.07%	96.35%

Returns By Period

In the year-to-date period, SNAP achieves a -43.00% return, which is significantly lower than SOXL's 13.99% return.

SNAP

• 1D: 14.43%
• 1M: -11.71%
• YTD: -43.00%
• 6M: -40.34%
• 1Y: -47.19%
• 3Y*: -25.69%
• 5Y*: -39.01%
• 10Y*: —

SOXL

• 1D: 17.95%
• 1M: -23.67%
• YTD: 13.99%
• 6M: 37.51%
• 1Y: 201.41%
• 3Y*: 38.75%
• 5Y*: 3.09%
• 10Y*: 39.88%

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

Return for Risk

SNAP vs. SOXL — Risk / Return Rank

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

SNAP

SNAP Risk / Return Rank: 10
SNAP Sharpe Ratio Rank: 10
SNAP Sortino Ratio Rank: 11
SNAP Omega Ratio Rank: 12
SNAP Calmar Ratio Rank: 14
SNAP Martin Ratio Rank: 5

SOXL

SOXL Risk / Return Rank: 90
SOXL Sharpe Ratio Rank: 86
SOXL Sortino Ratio Rank: 88
SOXL Omega Ratio Rank: 87
SOXL Calmar Ratio Rank: 96
SOXL Martin Ratio Rank: 92

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.

SNAP vs. SOXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Snap Inc. (SNAP) 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.

	SNAP	SOXL	Difference
Sharpe ratio Return per unit of total volatility	-0.78	1.70	-2.48
Sortino ratio Return per unit of downside risk	-1.04	2.34	-3.38
Omega ratio Gain probability vs. loss probability	0.87	1.34	-0.46
Calmar ratio Return relative to maximum drawdown	-0.78	4.06	-4.84
Martin ratio Return relative to average drawdown	-1.72	12.39	-14.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SNAP vs. SOXL - Sharpe Ratio Comparison

The current SNAP Sharpe Ratio is -0.78, which is lower than the SOXL Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of SNAP and SOXL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SNAP	SOXL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.78	1.70	-2.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.52	0.03	-0.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.23	0.35	-0.59

Correlation

The correlation between SNAP and SOXL is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SNAP vs. SOXL - Dividend Comparison

SNAP has not paid dividends to shareholders, while SOXL's dividend yield for the trailing twelve months is around 0.16%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SNAP Snap 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	0.16%	0.34%	1.18%	0.51%	1.07%	0.04%	0.05%	0.38%	1.30%	0.09%	4.84%

Drawdowns

SNAP vs. SOXL - Drawdown Comparison

The maximum SNAP drawdown since its inception was -95.27%, which is greater than SOXL's maximum drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for SNAP and SOXL.

Drawdown Indicators

	SNAP	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-95.27%	-90.46%	-4.81%
Max Drawdown (1Y) Largest decline over 1 year	-62.03%	-49.26%	-12.77%
Max Drawdown (5Y) Largest decline over 5 years	-95.27%	-90.46%	-4.81%
Max Drawdown (10Y) Largest decline over 10 years	—	-90.46%	—
Current Drawdown Current decline from peak	-94.47%	-33.33%	-61.14%
Average Drawdown Average peak-to-trough decline	-59.33%	-35.34%	-23.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.06%	16.14%	+11.92%

Volatility

SNAP vs. SOXL - Volatility Comparison

The current volatility for Snap Inc. (SNAP) is 20.60%, while Direxion Daily Semiconductor Bull 3x Shares (SOXL) has a volatility of 40.35%. This indicates that SNAP 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

	SNAP	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.60%	40.35%	-19.75%
Volatility (6M) Calculated over the trailing 6-month period	39.46%	79.51%	-40.05%
Volatility (1Y) Calculated over the trailing 1-year period	61.03%	119.21%	-58.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.78%	105.43%	-29.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.04%	97.70%	-25.66%