SOXL vs. LULG
SOXL (Direxion Daily Semiconductor Bull 3X ETF) and LULG (Leverage Shares 2X Long LULU Daily ETF) are both Leveraged Equities funds. SOXL is passively managed, while LULG is actively managed. At a 0.19 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
SOXL vs. LULG - Performance Comparison
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Returns By Period
In the year-to-date period, SOXL achieves a 525.03% return, which is significantly higher than LULG's -68.58% return.
SOXL
- 1D
- -6.36%
- 1M
- 82.23%
- YTD
- 525.03%
- 6M
- 481.71%
- 1Y
- 1,280.87%
- 3Y*
- 133.82%
- 5Y*
- 46.78%
- 10Y*
- 64.43%
LULG
- 1D
- -1.59%
- 1M
- -10.00%
- YTD
- -68.58%
- 6M
- -60.69%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SOXL vs. LULG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SOXL Direxion Daily Semiconductor Bull 3X ETF | 525.03% | -10.25% |
LULG Leverage Shares 2X Long LULU Daily ETF | -68.58% | 47.31% |
Correlation
The correlation between SOXL and LULG is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 6, 2025 | 0.19 |
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Return for Risk
SOXL vs. LULG — Risk / Return Rank
SOXL
LULG
SOXL vs. LULG - 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 LULU Daily ETF (LULG). 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.
| SOXL | LULG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.69 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 29.80 | — | — |
| Martin ratioReturn relative to average drawdown | 102.14 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SOXL | LULG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 12.69 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | -0.87 | +1.38 |
Drawdowns
SOXL vs. LULG - Drawdown Comparison
The maximum SOXL drawdown since its inception was -90.46%, which is greater than LULG's maximum drawdown of -73.18%. Use the drawdown chart below to compare losses from any high point for SOXL and LULG.
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Drawdown Indicators
| SOXL | LULG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.46% | -73.18% | -17.28% |
Max Drawdown (1Y)Largest decline over 1 year | -43.47% | — | — |
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 DrawdownCurrent decline from peak | -6.36% | -70.90% | +64.54% |
Average DrawdownAverage peak-to-trough decline | -35.01% | -33.71% | -1.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.66% | — | — |
Volatility
SOXL vs. LULG - Volatility Comparison
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Volatility by Period
| SOXL | LULG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 41.05% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 81.57% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 102.16% | 85.42% | +16.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 107.25% | 85.42% | +21.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 99.05% | 85.42% | +13.63% |
SOXL vs. LULG - Expense Ratio Comparison
Both SOXL and LULG have an expense ratio of 0.75%.
Dividends
SOXL vs. LULG - Dividend Comparison
SOXL's dividend yield for the trailing twelve months is around 0.03%, while LULG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
LULG Leverage Shares 2X Long LULU 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 | 0.03% | 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 LULG have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SOXL and LULG have the same expense ratio: 0.75% per year.
SOXL has the higher dividend yield at 0.03%, compared with 0.00% for LULG.
They also come from different issuers: Direxion and Leverage Shares.
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