SOCL vs. SOXL
Compare and contrast key facts about Global X Social Media ETF (SOCL) and Direxion Daily Semiconductor Bull 3x Shares (SOXL).
SOCL and SOXL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SOCL is a passively managed fund by Global X that tracks the performance of the Solactive Social Media Index. It was launched on Nov 14, 2011. 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. Both SOCL and SOXL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SOCL or SOXL.
Performance
SOCL vs. SOXL - Performance Comparison
Returns By Period
In the year-to-date period, SOCL achieves a 3.47% return, which is significantly higher than SOXL's -8.78% return. Over the past 10 years, SOCL has underperformed SOXL with an annualized return of 8.43%, while SOXL has yielded a comparatively higher 30.96% annualized return.
SOCL
3.47%
1.12%
-2.27%
6.57%
5.15%
8.43%
SOXL
-8.78%
-15.71%
-44.36%
24.82%
15.66%
30.96%
Key characteristics
| SOCL | SOXL | |
|---|---|---|
| Sharpe Ratio | 0.28 | 0.25 |
| Sortino Ratio | 0.57 | 1.03 |
| Omega Ratio | 1.07 | 1.13 |
| Calmar Ratio | 0.13 | 0.35 |
| Martin Ratio | 0.97 | 0.77 |
| Ulcer Index | 6.78% | 32.25% |
| Daily Std Dev | 23.50% | 100.68% |
| Max Drawdown | -68.70% | -90.46% |
| Current Drawdown | -46.01% | -60.15% |
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SOCL vs. SOXL - Expense Ratio Comparison
SOCL has a 0.65% expense ratio, which is lower than SOXL's 0.99% expense ratio.
Correlation
The correlation between SOCL and SOXL is 0.61, 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.
Risk-Adjusted Performance
SOCL vs. SOXL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Social Media ETF (SOCL) 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
SOCL vs. SOXL - Dividend Comparison
SOCL's dividend yield for the trailing twelve months is around 0.38%, less than SOXL's 1.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOCL Global X Social Media ETF | 0.38% | 0.61% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 1.49% | 0.18% | 0.01% | 0.05% | 0.00% |
SOXL Direxion Daily Semiconductor Bull 3x Shares | 1.08% | 0.51% | 1.08% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% | 0.00% | 0.00% | 0.00% |
Drawdowns
SOCL vs. SOXL - Drawdown Comparison
The maximum SOCL drawdown since its inception was -68.70%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for SOCL and SOXL. For additional features, visit the drawdowns tool.
Volatility
SOCL vs. SOXL - Volatility Comparison
The current volatility for Global X Social Media ETF (SOCL) is 7.33%, while Direxion Daily Semiconductor Bull 3x Shares (SOXL) has a volatility of 27.36%. This indicates that SOCL 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.