SOXL vs. YINN

Last updated Jul 22, 2026

SOXL (Direxion Daily Semiconductor Bull 3X ETF) and YINN (Direxion Daily China 3x Bull Shares) are both exchange-traded funds - SOXL is a Leveraged Equities fund tracking the ICE Semiconductor Index, while YINN is a China Equities fund tracking the FTSE China 50 Index (300%). Both are passively managed. Over the past 10 years, SOXL returned 54.29%/yr vs -20.67%/yr for YINN. A 0.52 correlation means they provide meaningful diversification when combined. SOXL charges 0.75%/yr vs 1.52%/yr for YINN.

Performance

SOXL vs. YINN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Semiconductor Bull 3X ETF (SOXL) and Direxion Daily China 3x Bull Shares (YINN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOXL achieves a 277.21% return, which is significantly higher than YINN's -33.90% return. Over the past 10 years, SOXL has outperformed YINN with an annualized return of 54.29%, while YINN has yielded a comparatively lower -20.67% annualized return.

SOXL

• 1D: 15.88%
• 1M: -43.23%
• 6M: 173.63%
• YTD: 277.21%
• 1Y: 476.68%
• 3Y*: 86.45%
• 5Y*: 32.02%
• 10Y*: 54.29%
• ALL TIME*: 40.84%

YINN

• 1D: -3.53%
• 1M: 9.93%
• 6M: -35.93%
• YTD: -33.90%
• 1Y: -37.98%
• 3Y*: -5.40%
• 5Y*: -37.22%
• 10Y*: -20.67%
• ALL TIME*: -17.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SOXL vs. YINN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SOXL Direxion Daily Semiconductor Bull 3X ETF	277.21%	54.91%	-12.31%	226.98%	-85.66%	118.84%	70.04%	231.83%	-39.07%	141.71%
YINN Direxion Daily China 3x Bull Shares	-33.90%	54.21%	36.06%	-53.08%	-71.97%	-58.56%	-7.75%	28.92%	-48.47%	129.79%

Correlation

The correlation between SOXL and YINN is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since Mar 11, 2010	0.52

The correlation between SOXL and YINN shifts across timeframes, from 0.36 (3 years) to 0.52 (all time), reflecting how their relationship changes across market environments.

SOXL vs. YINN - Sectors Allocation Comparison

Sectors	SOXL	YINN
Technology	100.0%	5.9%
Basic Materials	-	3.4%
Communication Services	-	17.8%
Consumer Cyclical	-	25.3%
Consumer Defensive	-	0.8%
Energy	-	4.8%
Financial Services	-	35.2%
Healthcare	-	2.6%
Industrials	-	2.8%
Real Estate	-	1.0%
Utilities	-	0.3%

Return for Risk

SOXL vs. YINN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SOXL

SOXL Risk / Return Rank: 93
SOXL Sharpe Ratio Rank: 98
SOXL Sortino Ratio Rank: 87
SOXL Omega Ratio Rank: 88
SOXL Calmar Ratio Rank: 97
SOXL Martin Ratio Rank: 96

YINN

YINN Risk / Return Rank: 4
YINN Sharpe Ratio Rank: 4
YINN Sortino Ratio Rank: 5
YINN Omega Ratio Rank: 5
YINN Calmar Ratio Rank: 4
YINN Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SOXL vs. YINN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Semiconductor Bull 3X ETF (SOXL) and Direxion Daily China 3x Bull Shares (YINN). 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	YINN	Difference
Sharpe ratio: Return per unit of total volatility	3.82	-0.64	+4.45
Sortino ratio: Return per unit of downside risk	3.00	-0.69	+3.70
Omega ratio: Gain probability vs. loss probability	1.41	0.92	+0.49
Calmar ratio: Return relative to maximum drawdown	8.75	-0.62	+9.36
Martin ratio: Return relative to average drawdown	27.85	-1.23	+29.08

SOXL vs. YINN - Sharpe Ratio Comparison

The current SOXL Sharpe Ratio is 3.82, which is higher than the YINN Sharpe Ratio of -0.64. The chart below compares the historical Sharpe Ratios of SOXL and YINN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SOXL vs. YINN - Drawdown Comparison

The maximum SOXL drawdown since its inception was -90.46%, smaller than the maximum YINN drawdown of -98.87%. Use the drawdown chart below to compare losses from any high point for SOXL and YINN.

Drawdown Indicators

	SOXL	YINN	Difference
Max Drawdown Largest peak-to-trough decline	-90.46%	-98.87%	+8.41%
Max Drawdown (1Y) Largest decline over 1 year	-54.96%	-61.64%	+6.68%
Max Drawdown (3Y) Largest decline over 3 years	-87.88%	-69.08%	-18.80%
Max Drawdown (5Y) Largest decline over 5 years	-90.46%	-94.93%	+4.47%
Max Drawdown (10Y) Largest decline over 10 years	-90.46%	-98.59%	+8.13%
Current Drawdown Current decline from peak	-47.29%	-97.66%	+50.37%
Average Drawdown Average peak-to-trough decline	-34.96%	-68.69%	+33.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.24%	30.89%	-13.65%

Volatility

SOXL vs. YINN - Volatility Comparison

Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a higher volatility of 57.31% compared to Direxion Daily China 3x Bull Shares (YINN) at 18.40%. This indicates that SOXL's price experiences larger fluctuations and is considered to be riskier than YINN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOXL	YINN	Difference
Volatility (1M) Calculated over the trailing 1-month period	57.31%	18.40%	+38.91%
Volatility (6M) Calculated over the trailing 6-month period	110.53%	43.29%	+67.24%
Volatility (1Y) Calculated over the trailing 1-year period	125.92%	59.89%	+66.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	112.17%	94.28%	+17.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	101.58%	81.59%	+19.99%

SOXL vs. YINN - Expense Ratio Comparison

SOXL has a 0.75% expense ratio, which is lower than YINN's 1.52% expense ratio.

Dividends

SOXL vs. YINN - Dividend Comparison

SOXL's dividend yield for the trailing twelve months is around 0.01%, less than YINN's 1.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
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%
YINN Direxion Daily China 3x Bull Shares	1.35%	1.12%	1.81%	4.17%	1.16%	0.73%	0.76%	1.38%	1.02%	1.11%	0.00%

Frequently Asked Questions

Can I hold both SOXL and YINN in my portfolio?

SOXL and YINN have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SOXL or YINN?

SOXL has higher volatility (57.31%) compared to YINN (18.40%). In terms of maximum drawdown, SOXL dropped -90.46% vs YINN's -98.87%.

Which ETF is better, SOXL or YINN?

On 10-year performance, SOXL leads with 54.29% vs -20.67% for YINN. On fees, SOXL is cheaper at 0.75% per year. On volatility, YINN has been the lower-risk option at 18.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SOXL or YINN?

Over the 10-year period, SOXL has performed better with a 54.29% return vs -20.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SOXL or YINN?

SOXL is cheaper with a 0.75% expense ratio, compared with 1.52% for YINN.

Which ETF pays a higher dividend yield, SOXL or YINN?

YINN has the higher dividend yield at 1.35%, compared with 0.01% for SOXL.

What is the main difference between SOXL and YINN?

SOXL is categorized as Leveraged Equities, while YINN is China Equities. SOXL tracks ICE Semiconductor Index, while YINN tracks FTSE China 50 Index (300%). Their fees differ too: 0.75% for SOXL and 1.52% for YINN.

Which has better risk-adjusted returns?

SOXL currently has the higher Sharpe Ratio (3.82 vs -0.64), 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.