SOXU.TO vs. AMHE.TO

Last updated Jun 5, 2026

SOXU.TO (MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF) and AMHE.TO (Harvest Amazon Enhanced High Income Shares ETF - Class A Units) are both Leveraged Equities funds. SOXU.TO is passively managed, while AMHE.TO is actively managed. Over the past year, SOXU.TO returned 1463.55% vs 27.55% for AMHE.TO. At a 0.39 correlation, their price movements are largely independent. SOXU.TO charges 1.81%/yr vs 1.88%/yr for AMHE.TO.

Performance

SOXU.TO vs. AMHE.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (SOXU.TO) and Harvest Amazon Enhanced High Income Shares ETF - Class A Units (AMHE.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOXU.TO achieves a 499.09% return, which is significantly higher than AMHE.TO's 10.09% return.

SOXU.TO

• 1D: -6.24%
• 1M: 86.36%
• YTD: 499.09%
• 6M: 462.27%
• 1Y: 1,463.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMHE.TO

• 1D: 2.21%
• 1M: -5.61%
• YTD: 10.09%
• 6M: 10.16%
• 1Y: 27.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOXU.TO vs. AMHE.TO - Yearly Performance Comparison

	2026 (YTD)	2025
SOXU.TO MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF	499.09%	169.76%
AMHE.TO Harvest Amazon Enhanced High Income Shares ETF - Class A Units	10.09%	19.52%

Correlation

The correlation between SOXU.TO and AMHE.TO is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (All Time) Calculated using the full available price history since May 26, 2025	0.39

Return for Risk

SOXU.TO vs. AMHE.TO — Risk / Return Rank

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

SOXU.TO

SOXU.TO Risk / Return Rank: 98
SOXU.TO Sharpe Ratio Rank: 100
SOXU.TO Sortino Ratio Rank: 95
SOXU.TO Omega Ratio Rank: 95
SOXU.TO Calmar Ratio Rank: 99
SOXU.TO Martin Ratio Rank: 99

AMHE.TO

AMHE.TO Risk / Return Rank: 25
AMHE.TO Sharpe Ratio Rank: 25
AMHE.TO Sortino Ratio Rank: 26
AMHE.TO Omega Ratio Rank: 26
AMHE.TO Calmar Ratio Rank: 24
AMHE.TO Martin Ratio Rank: 23

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.

SOXU.TO vs. AMHE.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (SOXU.TO) and Harvest Amazon Enhanced High Income Shares ETF - Class A Units (AMHE.TO). 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.

	SOXU.TO	AMHE.TO	Difference
Sharpe ratio: Return per unit of total volatility	14.51	0.86	+13.64
Sortino ratio: Return per unit of downside risk	5.24	1.35	+3.89
Omega ratio: Gain probability vs. loss probability	1.72	1.17	+0.55
Calmar ratio: Return relative to maximum drawdown	34.61	1.10	+33.51
Martin ratio: Return relative to average drawdown	116.37	2.84	+113.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SOXU.TO vs. AMHE.TO - Sharpe Ratio Comparison

The current SOXU.TO Sharpe Ratio is 14.51, which is higher than the AMHE.TO Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of SOXU.TO and AMHE.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SOXU.TO	AMHE.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	14.51	0.86	+13.64
Sharpe Ratio (All Time) Calculated using the full available price history	13.84	0.73	+13.11

Drawdowns

SOXU.TO vs. AMHE.TO - Drawdown Comparison

The maximum SOXU.TO drawdown since its inception was -42.78%, which is greater than AMHE.TO's maximum drawdown of -36.83%. Use the drawdown chart below to compare losses from any high point for SOXU.TO and AMHE.TO.

Drawdown Indicators

	SOXU.TO	AMHE.TO	Difference
Max Drawdown Largest peak-to-trough decline	-42.78%	-36.83%	-5.95%
Max Drawdown (1Y) Largest decline over 1 year	-42.78%	-25.14%	-17.64%
Current Drawdown Current decline from peak	-6.24%	-8.33%	+2.09%
Average Drawdown Average peak-to-trough decline	-8.27%	-10.66%	+2.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.70%	9.72%	+2.98%

Volatility

SOXU.TO vs. AMHE.TO - Volatility Comparison

MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (SOXU.TO) has a higher volatility of 40.56% compared to Harvest Amazon Enhanced High Income Shares ETF - Class A Units (AMHE.TO) at 9.94%. This indicates that SOXU.TO's price experiences larger fluctuations and is considered to be riskier than AMHE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOXU.TO	AMHE.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	40.56%	9.94%	+30.62%
Volatility (6M) Calculated over the trailing 6-month period	81.38%	22.49%	+58.89%
Volatility (1Y) Calculated over the trailing 1-year period	102.09%	32.12%	+69.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	101.29%	35.95%	+65.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	101.29%	35.95%	+65.34%

SOXU.TO vs. AMHE.TO - Expense Ratio Comparison

SOXU.TO has a 1.81% expense ratio, which is lower than AMHE.TO's 1.88% expense ratio.

Dividends

SOXU.TO vs. AMHE.TO - Dividend Comparison

SOXU.TO has not paid dividends to shareholders, while AMHE.TO's dividend yield for the trailing twelve months is around 14.14%.

Position	TTM	2025	2024
AMHE.TO Harvest Amazon Enhanced High Income Shares ETF - Class A Units	14.14%	14.31%	4.24%
SOXU.TO MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SOXU.TO and AMHE.TO in my portfolio?

SOXU.TO and AMHE.TO have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SOXU.TO or AMHE.TO?

On fees, SOXU.TO is cheaper at 1.81% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SOXU.TO or AMHE.TO?

SOXU.TO is cheaper with a 1.81% expense ratio, compared with 1.88% for AMHE.TO.

What is the main difference between SOXU.TO and AMHE.TO?

They also come from different issuers: LongPoint and Harvest. Their fees differ too: 1.81% for SOXU.TO and 1.88% for AMHE.TO.