SOFA vs. XYZG

Last updated Jun 21, 2026

SOFA (Direxion Daily SOFI Bull 2X ETF) and XYZG (Leverage Shares 2X Long XYZ Daily ETF) are both Leveraged Equities funds. SOFA is passively managed, while XYZG is actively managed. A 0.64 correlation means they provide meaningful diversification when combined. SOFA charges 0.97%/yr vs 0.75%/yr for XYZG.

Performance

SOFA vs. XYZG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily SOFI Bull 2X ETF (SOFA) and Leverage Shares 2X Long XYZ Daily ETF (XYZG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SOFA

• 1D: 5.47%
• 1M: 26.50%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XYZG

• 1D: 5.20%
• 1M: 16.98%
• YTD: 8.25%
• 6M: 6.98%
• 1Y: -4.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOFA vs. XYZG - Yearly Performance Comparison

	2026 (YTD)
SOFA Direxion Daily SOFI Bull 2X ETF	-36.31%
XYZG Leverage Shares 2X Long XYZ Daily ETF	45.38%

Correlation

The correlation between SOFA and XYZG is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 11, 2026	0.64

Return for Risk

SOFA vs. XYZG — Risk / Return Rank

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

SOFA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

XYZG

XYZG Risk / Return Rank: 10
XYZG Sharpe Ratio Rank: 8
XYZG Sortino Ratio Rank: 13
XYZG Omega Ratio Rank: 13
XYZG Calmar Ratio Rank: 8
XYZG Martin Ratio Rank: 8

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.

SOFA vs. XYZG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily SOFI Bull 2X ETF (SOFA) and Leverage Shares 2X Long XYZ Daily ETF (XYZG). 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.

	SOFA	XYZG	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.03	—
Sortino ratio: Return per unit of downside risk	—	0.63	—
Omega ratio: Gain probability vs. loss probability	—	1.08	—
Calmar ratio: Return relative to maximum drawdown	—	-0.04	—
Martin ratio: Return relative to average drawdown	—	-0.08	—

Drawdowns

SOFA vs. XYZG - Drawdown Comparison

The maximum SOFA drawdown since its inception was -51.90%, smaller than the maximum XYZG drawdown of -69.40%. Use the drawdown chart below to compare losses from any high point for SOFA and XYZG.

Drawdown Indicators

	SOFA	XYZG	Difference
Max Drawdown Largest peak-to-trough decline	-51.90%	-69.40%	+17.50%
Max Drawdown (1Y) Largest decline over 1 year	—	-69.40%	—
Current Drawdown Current decline from peak	-36.31%	-38.49%	+2.18%
Average Drawdown Average peak-to-trough decline	-34.21%	-29.51%	-4.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	38.70%	—

Volatility

Volatility by Period

	SOFA	XYZG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	28.15%	—
Volatility (6M) Calculated over the trailing 6-month period	—	71.47%	—
Volatility (1Y) Calculated over the trailing 1-year period	107.55%	93.58%	+13.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	107.55%	103.31%	+4.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	107.55%	103.31%	+4.24%

SOFA vs. XYZG - Expense Ratio Comparison

SOFA has a 0.97% expense ratio, which is higher than XYZG's 0.75% expense ratio.

Dividends

SOFA vs. XYZG - Dividend Comparison

SOFA's dividend yield for the trailing twelve months is around 0.35%, less than XYZG's 6.18% yield.

Position	TTM	2025
SOFA Direxion Daily SOFI Bull 2X ETF	0.35%	0.00%
XYZG Leverage Shares 2X Long XYZ Daily ETF	6.18%	6.69%

Frequently Asked Questions

Can I hold both SOFA and XYZG in my portfolio?

SOFA and XYZG have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SOFA or XYZG?

On fees, XYZG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SOFA or XYZG?

XYZG is cheaper with a 0.75% expense ratio, compared with 0.97% for SOFA.

Which ETF pays a higher dividend yield, SOFA or XYZG?

XYZG has the higher dividend yield at 6.18%, compared with 0.35% for SOFA.

What is the main difference between SOFA and XYZG?

They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 0.97% for SOFA and 0.75% for XYZG.