TEXU vs. SOXL

Last updated Jul 21, 2026

TEXU (Direxion Daily Energy Top 5 Bull 2X ETF) and SOXL (Direxion Daily Semiconductor Bull 3X ETF) are both Leveraged Equities funds from Direxion. TEXU is actively managed, while SOXL is passively managed. At a correlation of -0.10, they often move in opposite directions.

Performance

TEXU vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Energy Top 5 Bull 2X ETF (TEXU) 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, TEXU achieves a 52.57% return, which is significantly lower than SOXL's 225.51% return.

TEXU

• 1D: 1.23%
• 1M: 8.43%
• 6M: 38.81%
• YTD: 52.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SOXL

• 1D: 0.99%
• 1M: -51.02%
• 6M: 125.20%
• YTD: 225.51%
• 1Y: 400.73%
• 3Y*: 77.51%
• 5Y*: 27.50%
• 10Y*: 52.03%
• ALL TIME*: 39.58%

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

TEXU vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	52.57%	-1.42%
SOXL Direxion Daily Semiconductor Bull 3X ETF	225.51%	20.64%

Correlation

The correlation between TEXU and SOXL is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	-0.10

Return for Risk

TEXU vs. SOXL — Risk / Return Rank

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

TEXU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SOXL

SOXL Risk / Return Rank: 91
SOXL Sharpe Ratio Rank: 96
SOXL Sortino Ratio Rank: 83
SOXL Omega Ratio Rank: 85
SOXL Calmar Ratio Rank: 97
SOXL Martin Ratio Rank: 96

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.

TEXU vs. SOXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Energy Top 5 Bull 2X ETF (TEXU) 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.

	TEXU	SOXL	Difference
Sharpe ratio: Return per unit of total volatility	—	3.23	—
Sortino ratio: Return per unit of downside risk	—	2.83	—
Omega ratio: Gain probability vs. loss probability	—	1.39	—
Calmar ratio: Return relative to maximum drawdown	—	7.35	—
Martin ratio: Return relative to average drawdown	—	23.74	—

Drawdowns

TEXU vs. SOXL - Drawdown Comparison

The maximum TEXU drawdown since its inception was -31.71%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for TEXU and SOXL.

Drawdown Indicators

	TEXU	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-31.71%	-90.46%	+58.75%
Max Drawdown (1Y) Largest decline over 1 year	—	-54.96%	—
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	-20.62%	-54.51%	+33.89%
Average Drawdown Average peak-to-trough decline	-8.27%	-34.96%	+26.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	16.98%	—

Volatility

Volatility by Period

	TEXU	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	58.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	109.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	40.63%	125.28%	-84.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.63%	112.02%	-71.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.63%	101.46%	-60.83%

Dividends

TEXU vs. SOXL - Dividend Comparison

TEXU's dividend yield for the trailing twelve months is around 1.44%, more than SOXL's 0.01% 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%
TEXU Direxion Daily Energy Top 5 Bull 2X ETF	1.44%	0.67%	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 TEXU and SOXL in my portfolio?

TEXU and SOXL have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

TEXU has the higher dividend yield at 1.44%, compared with 0.01% for SOXL.