SOXU.TO vs. SPXU.TO
SOXU.TO (MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF) and SPXU.TO (BetaPro S&P 500 2x Daily Bull ETF) are both Leveraged Equities funds. SOXU.TO is passively managed, while SPXU.TO is actively managed. Over the past year, SOXU.TO returned 490.49% vs 33.57% for SPXU.TO. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
SOXU.TO vs. SPXU.TO - Performance Comparison
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Returns By Period
In the year-to-date period, SOXU.TO achieves a 277.27% return, which is significantly higher than SPXU.TO's 15.81% return.
SOXU.TO
- 1D
- -14.30%
- 1M
- -29.78%
- 6M
- 195.11%
- YTD
- 277.27%
- 1Y
- 490.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPXU.TO
- 1D
- -1.33%
- 1M
- 1.94%
- 6M
- 11.72%
- YTD
- 15.81%
- 1Y
- 33.57%
- 3Y*
- 29.50%
- 5Y*
- 14.83%
- 10Y*
- 29.17%
SOXU.TO vs. SPXU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SOXU.TO MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF | 277.27% | 173.80% |
SPXU.TO BetaPro S&P 500 2x Daily Bull ETF | 15.81% | 31.09% |
Correlation
The correlation between SOXU.TO and SPXU.TO is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since May 23, 2025 | 0.61 |
The correlation between SOXU.TO and SPXU.TO has been stable across timeframes, ranging from 0.61 to 0.67 - a consistent structural relationship.
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Return for Risk
SOXU.TO vs. SPXU.TO — Risk / Return Rank
SOXU.TO
SPXU.TO
SOXU.TO vs. SPXU.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 BetaPro S&P 500 2x Daily Bull ETF (SPXU.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.
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.
| SOXU.TO | SPXU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.57 | ||
| Sortino ratioReturn per unit of downside risk | +1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.24 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 10.77 | 1.80 | +8.97 |
| Martin ratioReturn relative to average drawdown | 31.69 | 7.34 | +24.34 |
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Drawdowns
SOXU.TO vs. SPXU.TO - Drawdown Comparison
The maximum SOXU.TO drawdown since its inception was -45.93%, smaller than the maximum SPXU.TO drawdown of -59.70%. Use the drawdown chart below to compare losses from any high point for SOXU.TO and SPXU.TO.
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Drawdown Indicators
| SOXU.TO | SPXU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.93% | -59.70% | +13.77% |
Max Drawdown (1Y)Largest decline over 1 year | -45.93% | -18.73% | -27.20% |
Max Drawdown (3Y)Largest decline over 3 years | — | -35.54% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -47.90% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -59.70% | — |
Current DrawdownCurrent decline from peak | -45.93% | -3.17% | -42.76% |
Average DrawdownAverage peak-to-trough decline | -9.73% | -9.72% | -0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.58% | 4.58% | +11.00% |
Volatility
SOXU.TO vs. SPXU.TO - Volatility Comparison
MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (SOXU.TO) has a higher volatility of 70.96% compared to BetaPro S&P 500 2x Daily Bull ETF (SPXU.TO) at 7.36%. This indicates that SOXU.TO's price experiences larger fluctuations and is considered to be riskier than SPXU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SOXU.TO | SPXU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 70.96% | 7.36% | +63.60% |
Volatility (6M)Calculated over the trailing 6-month period | 114.29% | 19.95% | +94.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 126.57% | 25.05% | +101.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 121.54% | 33.74% | +87.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 121.54% | 47.76% | +73.78% |
Dividends
SOXU.TO vs. SPXU.TO - Dividend Comparison
Neither SOXU.TO nor SPXU.TO has paid dividends to shareholders.
Frequently Asked Questions
SOXU.TO and SPXU.TO have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: LongPoint and Global X.
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