SOXL vs. OSCX
SOXL (Direxion Daily Semiconductor Bull 3X ETF) and OSCX (Defiance Daily Target 2X Long OSCR ETF) are both Leveraged Equities funds. SOXL is passively managed, while OSCX is actively managed. Their 0.10 correlation means their historical movements had little consistent relationship. SOXL charges 0.75%/yr vs 1.31%/yr for OSCX.
Performance
SOXL vs. OSCX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SOXL achieves a 118.87% return, which is significantly lower than OSCX's 202.32% return.
SOXL
- 1D
- -16.02%
- 1M
- -61.11%
- 6M
- 31.25%
- YTD
- 118.87%
- 1Y
- 240.43%
- 3Y*
- 49.32%
- 5Y*
- 16.39%
- 10Y*
- 44.75%
- ALL TIME*
- 36.17%
OSCX
- 1D
- -6.00%
- 1M
- 1.94%
- 6M
- 194.75%
- YTD
- 202.32%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $194.88K | $391.37K | $708.85K | |
| $10.69B | $10.70B | $11.60B |
SOXL vs. OSCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SOXL Direxion Daily Semiconductor Bull 3X ETF | 118.87% | 22.89% |
OSCX Defiance Daily Target 2X Long OSCR ETF | 202.32% | -50.80% |
Correlation
The correlation between SOXL and OSCX is 0.10, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 25, 2025 | 0.10 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SOXL vs. OSCX — Risk / Return Rank
SOXL
OSCX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SOXL vs. OSCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Semiconductor Bull 3X ETF (SOXL) and Defiance Daily Target 2X Long OSCR ETF (OSCX). 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 | OSCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.31 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.49 | — | — |
| Martin ratioReturn relative to average drawdown | 12.49 | — | — |
Loading charts...
Drawdowns
SOXL vs. OSCX - Drawdown Comparison
The maximum SOXL drawdown since its inception was -90.46%, which is greater than OSCX's maximum drawdown of -84.49%. Use the drawdown chart below to compare losses from any high point for SOXL and OSCX.
Loading charts...
Drawdown Indicators
| SOXL | OSCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.46% | -84.49% | -5.97% |
Max Drawdown (1Y)Largest decline over 1 year | -69.42% | — | — |
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 | -69.42% | -13.26% | -56.16% |
Average DrawdownAverage peak-to-trough decline | -34.99% | -47.68% | +12.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.34% | — | — |
Volatility
SOXL vs. OSCX - Volatility Comparison
Loading charts...
Volatility by Period
| SOXL | OSCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 51.08% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 113.66% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 128.79% | 146.42% | -17.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 112.73% | 146.42% | -33.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 101.84% | 146.42% | -44.58% |
SOXL vs. OSCX - Expense Ratio Comparison
SOXL has a 0.75% expense ratio, which is lower than OSCX's 1.31% expense ratio.
Dividends
SOXL vs. OSCX - Dividend Comparison
SOXL's dividend yield for the trailing twelve months is around 0.01%, while OSCX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
OSCX Defiance Daily Target 2X Long OSCR 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
SOXL and OSCX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SOXL is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SOXL is cheaper with a 0.75% expense ratio, compared with 1.31% for OSCX.
SOXL has the higher dividend yield at 0.01%, compared with 0.00% for OSCX.
They also come from different issuers: Direxion and Defiance ETFs. Their fees differ too: 0.75% for SOXL and 1.31% for OSCX.
Find the right allocation for SOXL and OSCX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer