SOXL vs. SMPIX
Compare and contrast key facts about Direxion Daily Semiconductor Bull 3x Shares (SOXL) and ProFunds Semiconductor UltraSector Fund (SMPIX).
SOXL is a passively managed fund by Direxion that tracks the performance of the PHLX Semiconductor Index (300%). It was launched on Mar 11, 2010. SMPIX is managed by ProFunds. It was launched on Jun 18, 2000.
Performance
SOXL vs. SMPIX - Performance Comparison
Loading graphics...
SOXL vs. SMPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SOXL Direxion Daily Semiconductor Bull 3x Shares | 24.34% | 54.91% | -12.31% | 226.98% | -85.66% | 118.84% | 70.04% | 231.83% | -39.07% | 141.71% |
SMPIX ProFunds Semiconductor UltraSector Fund | -5.24% | 56.35% | 81.41% | 155.37% | -54.31% | 80.17% | 60.77% | 77.97% | -17.56% | 42.78% |
Returns By Period
In the year-to-date period, SOXL achieves a 24.34% return, which is significantly higher than SMPIX's -5.24% return. Both investments have delivered pretty close results over the past 10 years, with SOXL having a 41.10% annualized return and SMPIX not far behind at 39.30%.
SOXL
- 1D
- 9.08%
- 1M
- -16.73%
- YTD
- 24.34%
- 6M
- 41.78%
- 1Y
- 228.78%
- 3Y*
- 42.83%
- 5Y*
- 4.90%
- 10Y*
- 41.10%
SMPIX
- 1D
- 8.42%
- 1M
- -8.20%
- YTD
- -5.24%
- 6M
- -0.48%
- 1Y
- 103.55%
- 3Y*
- 64.41%
- 5Y*
- 36.63%
- 10Y*
- 39.30%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SOXL vs. SMPIX - Expense Ratio Comparison
SOXL has a 0.99% expense ratio, which is lower than SMPIX's 1.49% expense ratio.
Return for Risk
SOXL vs. SMPIX — Risk / Return Rank
SOXL
SMPIX
SOXL vs. SMPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Semiconductor Bull 3x Shares (SOXL) and ProFunds Semiconductor UltraSector Fund (SMPIX). 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 | SMPIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.93 | 1.82 | +0.11 |
Sortino ratioReturn per unit of downside risk | 2.46 | 2.43 | +0.03 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.33 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 4.64 | 4.56 | +0.08 |
Martin ratioReturn relative to average drawdown | 14.09 | 12.94 | +1.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SOXL | SMPIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | 1.82 | +0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.11 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.17 | +0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.07 | +0.29 |
Correlation
The correlation between SOXL and SMPIX is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
SOXL vs. SMPIX - Dividend Comparison
SOXL's dividend yield for the trailing twelve months is around 0.15%, less than SMPIX's 13.73% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOXL Direxion Daily Semiconductor Bull 3x Shares | 0.15% | 0.34% | 1.18% | 0.51% | 1.07% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% | 0.00% |
SMPIX ProFunds Semiconductor UltraSector Fund | 13.73% | 13.02% | 0.16% | 0.00% | 0.00% | 6.57% | 0.00% | 2.26% | 40.03% | 0.11% | 0.45% | 0.68% |
Drawdowns
SOXL vs. SMPIX - Drawdown Comparison
The maximum SOXL drawdown since its inception was -90.46%, roughly equal to the maximum SMPIX drawdown of -94.09%. Use the drawdown chart below to compare losses from any high point for SOXL and SMPIX.
Loading graphics...
Drawdown Indicators
| SOXL | SMPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.46% | -94.09% | +3.63% |
Max Drawdown (1Y)Largest decline over 1 year | -49.26% | -22.78% | -26.48% |
Max Drawdown (5Y)Largest decline over 5 years | -90.46% | -94.09% | +3.63% |
Max Drawdown (10Y)Largest decline over 10 years | -90.46% | -94.09% | +3.63% |
Current DrawdownCurrent decline from peak | -27.28% | -84.58% | +57.30% |
Average DrawdownAverage peak-to-trough decline | -35.34% | -57.42% | +22.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.23% | 8.03% | +8.20% |
Volatility
SOXL vs. SMPIX - Volatility Comparison
Direxion Daily Semiconductor Bull 3x Shares (SOXL) has a higher volatility of 38.35% compared to ProFunds Semiconductor UltraSector Fund (SMPIX) at 16.71%. This indicates that SOXL's price experiences larger fluctuations and is considered to be riskier than SMPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SOXL | SMPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 38.35% | 16.71% | +21.64% |
Volatility (6M)Calculated over the trailing 6-month period | 79.93% | 36.99% | +42.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 119.50% | 58.76% | +60.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 105.40% | 332.54% | -227.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 97.72% | 237.08% | -139.36% |