SOXL vs. LCID
SOXL (Direxion Daily Semiconductor Bull 3X ETF) is Leveraged Equities fund tracking the ICE Semiconductor Index, while LCID (Lucid Group, Inc.) is a stock. Over the past 5 years, SOXL returned 50.47%/yr vs -53.01%/yr for LCID. At a 0.39 correlation, their price movements are largely independent.
Performance
SOXL vs. LCID - Performance Comparison
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Returns By Period
In the year-to-date period, SOXL achieves a 564.50% return, which is significantly higher than LCID's -49.29% return.
SOXL
- 1D
- 19.43%
- 1M
- 61.25%
- YTD
- 564.50%
- 6M
- 569.44%
- 1Y
- 1,196.88%
- 3Y*
- 124.34%
- 5Y*
- 50.47%
- 10Y*
- 65.95%
LCID
- 1D
- 4.28%
- 1M
- -5.63%
- YTD
- -49.29%
- 6M
- -54.65%
- 1Y
- -75.86%
- 3Y*
- -56.43%
- 5Y*
- -53.01%
- 10Y*
- —
SOXL vs. LCID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SOXL Direxion Daily Semiconductor Bull 3X ETF | 564.50% | 54.91% | -12.31% | 226.98% | -85.66% | 118.84% | 96.61% |
LCID Lucid Group, Inc. | -49.29% | -65.00% | -28.27% | -38.36% | -82.05% | 280.12% | -2.34% |
Correlation
The correlation between SOXL and LCID is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2020 | 0.39 |
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Return for Risk
SOXL vs. LCID — Risk / Return Rank
SOXL
LCID
SOXL vs. LCID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Semiconductor Bull 3X ETF (SOXL) and Lucid Group, Inc. (LCID). 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 | LCID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +11.58 | ||
| Sortino ratioReturn per unit of downside risk | +6.63 | ||
| Omega ratioGain probability vs. loss probability | 1.63 | 0.77 | +0.86 |
| Calmar ratioReturn relative to maximum drawdown | 27.84 | -0.89 | +28.73 |
| Martin ratioReturn relative to average drawdown | 89.88 | -1.32 | +91.20 |
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Drawdowns
SOXL vs. LCID - Drawdown Comparison
The maximum SOXL drawdown since its inception was -90.46%, smaller than the maximum LCID drawdown of -99.19%. Use the drawdown chart below to compare losses from any high point for SOXL and LCID.
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Drawdown Indicators
| SOXL | LCID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.46% | -99.19% | +8.73% |
Max Drawdown (1Y)Largest decline over 1 year | -43.47% | -84.98% | +41.51% |
Max Drawdown (3Y)Largest decline over 3 years | -87.88% | -94.21% | +6.33% |
Max Drawdown (5Y)Largest decline over 5 years | -90.46% | -99.15% | +8.69% |
Max Drawdown (10Y)Largest decline over 10 years | -90.46% | — | — |
Current DrawdownCurrent decline from peak | -0.45% | -99.08% | +98.63% |
Average DrawdownAverage peak-to-trough decline | -34.96% | -76.30% | +41.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.44% | 57.36% | -43.92% |
Volatility
SOXL vs. LCID - Volatility Comparison
Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a higher volatility of 62.74% compared to Lucid Group, Inc. (LCID) at 22.77%. This indicates that SOXL's price experiences larger fluctuations and is considered to be riskier than LCID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SOXL | LCID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 62.74% | 22.77% | +39.97% |
Volatility (6M)Calculated over the trailing 6-month period | 96.77% | 52.03% | +44.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 114.08% | 78.04% | +36.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 109.76% | 81.64% | +28.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 100.44% | 86.75% | +13.69% |
Dividends
SOXL vs. LCID - Dividend Comparison
SOXL's dividend yield for the trailing twelve months is around 0.03%, while LCID has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
LCID Lucid Group, 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 ETF | 0.03% | 0.34% | 1.18% | 0.51% | 1.07% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% |
Frequently Asked Questions
SOXL and LCID have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOXL has higher volatility (62.74%) compared to LCID (22.77%). In terms of maximum drawdown, SOXL dropped -90.46% vs LCID's -99.19%.
SOXL currently has the higher Sharpe Ratio (10.61 vs -0.97), 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.
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