TEMT vs. SOXL

Last updated Jun 24, 2026

TEMT (Tradr 2X Long TEM Daily ETF) and SOXL (Direxion Daily Semiconductor Bull 3X ETF) are both Leveraged Equities funds. TEMT is actively managed, while SOXL is passively managed. Over the past year, TEMT returned -69.03% vs 976.09% for SOXL. At a 0.34 correlation, their price movements are largely independent. TEMT charges 1.30%/yr vs 0.75%/yr for SOXL.

Performance

TEMT vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long TEM Daily ETF (TEMT) and Direxion Daily Semiconductor Bull 3X ETF (SOXL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TEMT achieves a -49.26% return, which is significantly lower than SOXL's 450.61% return.

TEMT

• 1D: 2.35%
• 1M: 2.23%
• YTD: -49.26%
• 6M: -57.90%
• 1Y: -69.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXL

• 1D: -23.06%
• 1M: 21.44%
• YTD: 450.61%
• 6M: 429.57%
• 1Y: 976.09%
• 3Y*: 120.84%
• 5Y*: 42.16%
• 10Y*: 64.56%

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

TEMT vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025
TEMT Tradr 2X Long TEM Daily ETF	-49.26%	-49.34%
SOXL Direxion Daily Semiconductor Bull 3X ETF	450.61%	146.21%

Correlation

The correlation between TEMT and SOXL is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (All Time) Calculated using the full available price history since May 13, 2025	0.34

Return for Risk

TEMT vs. SOXL — Risk / Return Rank

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

TEMT

TEMT Risk / Return Rank: 4
TEMT Sharpe Ratio Rank: 5
TEMT Sortino Ratio Rank: 5
TEMT Omega Ratio Rank: 6
TEMT Calmar Ratio Rank: 2
TEMT Martin Ratio Rank: 3

SOXL

SOXL Risk / Return Rank: 96
SOXL Sharpe Ratio Rank: 99
SOXL Sortino Ratio Rank: 90
SOXL Omega Ratio Rank: 92
SOXL Calmar Ratio Rank: 99
SOXL Martin Ratio Rank: 98

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.

TEMT vs. SOXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long TEM Daily ETF (TEMT) and Direxion Daily Semiconductor Bull 3X ETF (SOXL). 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.

	TEMT	SOXL	Difference
Sharpe ratio: Return per unit of total volatility	-0.54	8.45	-8.98
Sortino ratio: Return per unit of downside risk	-0.40	4.03	-4.44
Omega ratio: Gain probability vs. loss probability	0.96	1.58	-0.62
Calmar ratio: Return relative to maximum drawdown	-0.79	22.69	-23.48
Martin ratio: Return relative to average drawdown	-1.16	72.83	-73.99

TEMT vs. SOXL - Sharpe Ratio Comparison

The current TEMT Sharpe Ratio is -0.54, which is lower than the SOXL Sharpe Ratio of 8.45. The chart below compares the historical Sharpe Ratios of TEMT and SOXL, 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

TEMT vs. SOXL - Drawdown Comparison

The maximum TEMT drawdown since its inception was -87.10%, roughly equal to the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for TEMT and SOXL.

Drawdown Indicators

	TEMT	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-87.10%	-90.46%	+3.36%
Max Drawdown (1Y) Largest decline over 1 year	-87.10%	-43.47%	-43.63%
Max Drawdown (3Y) Largest decline over 3 years	—	-87.88%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-90.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-90.46%	—
Current Drawdown Current decline from peak	-85.16%	-23.06%	-62.10%
Average Drawdown Average peak-to-trough decline	-50.36%	-34.95%	-15.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	59.75%	13.52%	+46.23%

Volatility

TEMT vs. SOXL - Volatility Comparison

The current volatility for Tradr 2X Long TEM Daily ETF (TEMT) is 49.30%, while Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a volatility of 68.39%. This indicates that TEMT experiences smaller price fluctuations and is considered to be less risky than SOXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEMT	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	49.30%	68.39%	-19.09%
Volatility (6M) Calculated over the trailing 6-month period	92.88%	99.84%	-6.96%
Volatility (1Y) Calculated over the trailing 1-year period	129.53%	116.79%	+12.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	136.50%	110.35%	+26.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	136.50%	100.62%	+35.88%

TEMT vs. SOXL - Expense Ratio Comparison

TEMT has a 1.30% expense ratio, which is higher than SOXL's 0.75% expense ratio.

Dividends

TEMT vs. SOXL - Dividend Comparison

TEMT's dividend yield for the trailing twelve months is around 66.22%, more than SOXL's 0.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SOXL Direxion Daily Semiconductor Bull 3X ETF	0.03%	0.34%	1.18%	0.51%	1.07%	0.04%	0.05%	0.38%	1.30%	0.09%	4.84%
TEMT Tradr 2X Long TEM Daily ETF	66.22%	33.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TEMT and SOXL in my portfolio?

TEMT and SOXL have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TEMT or SOXL?

SOXL has higher volatility (68.39%) compared to TEMT (49.30%). In terms of maximum drawdown, TEMT dropped -87.10% vs SOXL's -90.46%.

Which ETF is better, TEMT or SOXL?

On 1-year performance, SOXL leads with 976.09% vs -69.03% for TEMT. On fees, SOXL is cheaper at 0.75% per year. On volatility, TEMT has been the lower-risk option at 49.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TEMT or SOXL?

Over the 1-year period, SOXL has performed better with a 976.09% return vs -69.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TEMT or SOXL?

SOXL is cheaper with a 0.75% expense ratio, compared with 1.30% for TEMT.

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

TEMT has the higher dividend yield at 66.22%, compared with 0.03% for SOXL.

What is the main difference between TEMT and SOXL?

They also come from different issuers: Tradr and Direxion. Their fees differ too: 1.30% for TEMT and 0.75% for SOXL.

Which has better risk-adjusted returns?

SOXL currently has the higher Sharpe Ratio (8.45 vs -0.54), 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.