SOXL vs. TRX-USD
SOXL (Direxion Daily Semiconductor Bull 3X ETF) is Leveraged Equities fund tracking the ICE Semiconductor Index, while TRX-USD (Tronix) is a cryptocurrency. Over the past 5 years, SOXL returned 43.69%/yr vs 34.40%/yr for TRX-USD. At a 0.12 correlation, their price movements are largely independent.
Performance
SOXL vs. TRX-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SOXL achieves a 458.36% return, which is significantly higher than TRX-USD's 11.24% return.
SOXL
- 1D
- 4.77%
- 1M
- 26.04%
- YTD
- 458.36%
- 6M
- 462.65%
- 1Y
- 1,075.10%
- 3Y*
- 110.81%
- 5Y*
- 43.69%
- 10Y*
- 63.20%
TRX-USD
- 1D
- 0.23%
- 1M
- -10.66%
- YTD
- 11.24%
- 6M
- 16.57%
- 1Y
- 17.12%
- 3Y*
- 64.55%
- 5Y*
- 34.40%
- 10Y*
- —
SOXL vs. TRX-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SOXL Direxion Daily Semiconductor Bull 3X ETF | 458.36% | 54.91% | -12.31% | 226.98% | -85.66% | 118.84% | 70.04% | 231.83% | -39.07% | 38.00% |
TRX-USD Tronix | 11.24% | 11.86% | 135.87% | 97.75% | -27.86% | 180.88% | 102.08% | -29.71% | -57.23% | 2,056.30% |
Correlation
The correlation between SOXL and TRX-USD is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2017 | 0.12 |
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. TRX-USD — Risk / Return Rank
SOXL
TRX-USD
SOXL vs. TRX-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Semiconductor Bull 3X ETF (SOXL) and Tronix (TRX-USD). 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 | TRX-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +8.39 | ||
| Sortino ratioReturn per unit of downside risk | +3.26 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.11 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 22.91 | 0.64 | +22.27 |
| Martin ratioReturn relative to average drawdown | 74.51 | 1.14 | +73.37 |
Loading charts...
Drawdowns
SOXL vs. TRX-USD - Drawdown Comparison
The maximum SOXL drawdown since its inception was -90.46%, smaller than the maximum TRX-USD drawdown of -95.89%. Use the drawdown chart below to compare losses from any high point for SOXL and TRX-USD.
Loading charts...
Drawdown Indicators
| SOXL | TRX-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.46% | -95.89% | +5.43% |
Max Drawdown (1Y)Largest decline over 1 year | -43.47% | -26.58% | -16.89% |
Max Drawdown (3Y)Largest decline over 3 years | -87.88% | -50.98% | -36.90% |
Max Drawdown (5Y)Largest decline over 5 years | -90.46% | -59.60% | -30.86% |
Max Drawdown (10Y)Largest decline over 10 years | -90.46% | — | — |
Current DrawdownCurrent decline from peak | -16.35% | -27.00% | +10.65% |
Average DrawdownAverage peak-to-trough decline | -34.99% | -62.47% | +27.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.35% | 13.82% | -0.47% |
Volatility
SOXL vs. TRX-USD - Volatility Comparison
Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a higher volatility of 58.17% compared to Tronix (TRX-USD) at 8.57%. This indicates that SOXL's price experiences larger fluctuations and is considered to be riskier than TRX-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SOXL | TRX-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 58.17% | 8.57% | +49.60% |
Volatility (6M)Calculated over the trailing 6-month period | 93.93% | 17.91% | +76.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 110.81% | 23.82% | +86.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 108.96% | 58.42% | +50.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 99.99% | 110.20% | -10.21% |
Frequently Asked Questions
SOXL and TRX-USD have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOXL has higher volatility (58.17%) compared to TRX-USD (8.57%). In terms of maximum drawdown, SOXL dropped -90.46% vs TRX-USD's -95.89%.
SOXL currently has the higher Sharpe Ratio (8.99 vs 0.60), 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.
Find the right allocation for SOXL and TRX-USD
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