SPXU.TO vs. SOXU.TO
SPXU.TO (BetaPro S&P 500 2x Daily Bull ETF) and SOXU.TO (MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF) are both Leveraged Equities funds. SPXU.TO is actively managed, while SOXU.TO is passively managed. Over the past year, SPXU.TO returned 34.85% vs 968.27% for SOXU.TO. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
SPXU.TO vs. SOXU.TO - Performance Comparison
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Returns By Period
In the year-to-date period, SPXU.TO achieves a 15.21% return, which is significantly lower than SOXU.TO's 519.03% return.
SPXU.TO
- 1D
- 1.52%
- 1M
- -2.98%
- YTD
- 15.21%
- 6M
- 13.36%
- 1Y
- 34.85%
- 3Y*
- 30.13%
- 5Y*
- 15.50%
- 10Y*
- 29.91%
SOXU.TO
- 1D
- 12.47%
- 1M
- 22.32%
- YTD
- 519.03%
- 6M
- 513.70%
- 1Y
- 968.27%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPXU.TO vs. SOXU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SPXU.TO BetaPro S&P 500 2x Daily Bull ETF | 15.21% | 31.09% |
SOXU.TO MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF | 519.03% | 173.80% |
Correlation
The correlation between SPXU.TO and SOXU.TO is 0.65, 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 | 0.65 |
Correlation (All Time) Calculated using the full available price history since May 23, 2025 | 0.60 |
The correlation between SPXU.TO and SOXU.TO has been stable across timeframes, ranging from 0.60 to 0.65 - a consistent structural relationship.
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Return for Risk
SPXU.TO vs. SOXU.TO — Risk / Return Rank
SPXU.TO
SOXU.TO
SPXU.TO vs. SOXU.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BetaPro S&P 500 2x Daily Bull ETF (SPXU.TO) and MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (SOXU.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.
| SPXU.TO | SOXU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.82 | ||
| Sortino ratioReturn per unit of downside risk | -2.05 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.57 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | 22.87 | -21.00 |
| Martin ratioReturn relative to average drawdown | 7.68 | 70.44 | -62.76 |
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Drawdowns
SPXU.TO vs. SOXU.TO - Drawdown Comparison
The maximum SPXU.TO drawdown since its inception was -59.70%, which is greater than SOXU.TO's maximum drawdown of -42.78%. Use the drawdown chart below to compare losses from any high point for SPXU.TO and SOXU.TO.
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Drawdown Indicators
| SPXU.TO | SOXU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.70% | -42.78% | -16.92% |
Max Drawdown (1Y)Largest decline over 1 year | -18.73% | -42.78% | +24.05% |
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 | -3.68% | -11.28% | +7.60% |
Average DrawdownAverage peak-to-trough decline | -9.73% | -8.87% | -0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.55% | 13.86% | -9.31% |
Volatility
SPXU.TO vs. SOXU.TO - Volatility Comparison
The current volatility for BetaPro S&P 500 2x Daily Bull ETF (SPXU.TO) is 10.15%, while MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (SOXU.TO) has a volatility of 72.70%. This indicates that SPXU.TO experiences smaller price fluctuations and is considered to be less risky than SOXU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPXU.TO | SOXU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.15% | 72.70% | -62.55% |
Volatility (6M)Calculated over the trailing 6-month period | 19.93% | 104.29% | -84.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.95% | 118.98% | -94.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.77% | 116.06% | -82.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.76% | 116.06% | -68.30% |
Dividends
SPXU.TO vs. SOXU.TO - Dividend Comparison
Neither SPXU.TO nor SOXU.TO has paid dividends to shareholders.
Frequently Asked Questions
SPXU.TO and SOXU.TO have a correlation of 0.65, 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: Global X and LongPoint.
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