SOXL vs. COIG

Last updated Jul 10, 2026

SOXL (Direxion Daily Semiconductor Bull 3X ETF) and COIG (Leverage Shares 2X Long COIN Daily ETF) are both Leveraged Equities funds. SOXL is passively managed, while COIG is actively managed. Over the past year, SOXL returned 622.35% vs -90.62% for COIG. At a 0.44 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

SOXL vs. COIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Semiconductor Bull 3X ETF (SOXL) and Leverage Shares 2X Long COIN Daily ETF (COIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOXL achieves a 357.89% return, which is significantly higher than COIG's -66.55% return.

SOXL

• 1D: 10.08%
• 1M: -4.58%
• 6M: 287.61%
• YTD: 357.89%
• 1Y: 622.35%
• 3Y*: 100.52%
• 5Y*: 36.56%
• 10Y*: 59.46%

COIG

• 1D: -1.22%
• 1M: -0.82%
• 6M: -71.25%
• YTD: -66.55%
• 1Y: -90.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOXL vs. COIG - Yearly Performance Comparison

	2026 (YTD)	2025
SOXL Direxion Daily Semiconductor Bull 3X ETF	357.89%	133.86%
COIG Leverage Shares 2X Long COIN Daily ETF	-66.55%	-10.62%

Correlation

The correlation between SOXL and COIG 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 Mar 14, 2025	0.44

Return for Risk

SOXL vs. COIG — Risk / Return Rank

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

SOXL

SOXL Risk / Return Rank: 95
SOXL Sharpe Ratio Rank: 98
SOXL Sortino Ratio Rank: 90
SOXL Omega Ratio Rank: 91
SOXL Calmar Ratio Rank: 98
SOXL Martin Ratio Rank: 98

COIG

COIG Risk / Return Rank: 2
COIG Sharpe Ratio Rank: 4
COIG Sortino Ratio Rank: 1
COIG Omega Ratio Rank: 2
COIG Calmar Ratio Rank: 1
COIG Martin Ratio Rank: 3

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.

SOXL vs. COIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Semiconductor Bull 3X ETF (SOXL) and Leverage Shares 2X Long COIN Daily ETF (COIG). 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.

	SOXL	COIG	Difference
Sharpe ratio: Return per unit of total volatility	5.11	-0.68	+5.79
Sortino ratio: Return per unit of downside risk	3.33	-1.53	+4.86
Omega ratio: Gain probability vs. loss probability	1.47	0.83	+0.64
Calmar ratio: Return relative to maximum drawdown	13.94	-0.97	+14.91
Martin ratio: Return relative to average drawdown	41.73	-1.26	+42.99

SOXL vs. COIG - Sharpe Ratio Comparison

The current SOXL Sharpe Ratio is 5.11, which is higher than the COIG Sharpe Ratio of -0.68. The chart below compares the historical Sharpe Ratios of SOXL and COIG, 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

SOXL vs. COIG - Drawdown Comparison

The maximum SOXL drawdown since its inception was -90.46%, roughly equal to the maximum COIG drawdown of -93.79%. Use the drawdown chart below to compare losses from any high point for SOXL and COIG.

Drawdown Indicators

	SOXL	COIG	Difference
Max Drawdown Largest peak-to-trough decline	-90.46%	-93.79%	+3.33%
Max Drawdown (1Y) Largest decline over 1 year	-45.05%	-93.79%	+48.74%
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	-36.01%	-92.48%	+56.47%
Average Drawdown Average peak-to-trough decline	-34.94%	-54.48%	+19.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.02%	71.72%	-56.70%

Volatility

SOXL vs. COIG - Volatility Comparison

Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a higher volatility of 64.97% compared to Leverage Shares 2X Long COIN Daily ETF (COIG) at 34.72%. This indicates that SOXL's price experiences larger fluctuations and is considered to be riskier than COIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOXL	COIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	64.97%	34.72%	+30.25%
Volatility (6M) Calculated over the trailing 6-month period	107.39%	103.77%	+3.62%
Volatility (1Y) Calculated over the trailing 1-year period	122.82%	134.33%	-11.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	111.66%	144.93%	-33.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	101.19%	144.93%	-43.74%

SOXL vs. COIG - Expense Ratio Comparison

Both SOXL and COIG have an expense ratio of 0.75%.

Dividends

SOXL vs. COIG - Dividend Comparison

SOXL's dividend yield for the trailing twelve months is around 0.01%, while COIG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
COIG Leverage Shares 2X Long COIN Daily ETF	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	0.01%	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 SOXL and COIG in my portfolio?

SOXL and COIG 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, SOXL or COIG?

SOXL has higher volatility (64.97%) compared to COIG (34.72%). In terms of maximum drawdown, SOXL dropped -90.46% vs COIG's -93.79%.

Which ETF is better, SOXL or COIG?

On 1-year performance, SOXL leads with 622.35% vs -90.62% for COIG. Both ETFs have the same 0.75% expense ratio. On volatility, COIG has been the lower-risk option at 34.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SOXL or COIG?

Over the 1-year period, SOXL has performed better with a 622.35% return vs -90.62%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SOXL or COIG?

SOXL and COIG have the same expense ratio: 0.75% per year.

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

SOXL has the higher dividend yield at 0.01%, compared with 0.00% for COIG.

What is the main difference between SOXL and COIG?

They also come from different issuers: Direxion and Leverage Shares.

Which has better risk-adjusted returns?

SOXL currently has the higher Sharpe Ratio (5.11 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.