TLT5.L vs. SOXL.L
TLT5.L (Leverage Shares 5x Long 20+ Year Treasury Bond ETP Securities) and SOXL.L (Leverage Shares 4x Long Semiconductors ETP Securities) are both exchange-traded funds - TLT5.L is a Leveraged Bonds fund actively managed by Leverage Shares, while SOXL.L is a Leveraged Equities fund tracking the NYSE Semiconductor Index. TLT5.L is actively managed, while SOXL.L is passively managed. Over the past year, TLT5.L returned -25.99% vs 434.27% for SOXL.L. At a 0.02 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
TLT5.L vs. SOXL.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TLT5.L achieves a -26.42% return, which is significantly lower than SOXL.L's 246.49% return.
TLT5.L
- 1D
- 0.00%
- 1M
- -14.05%
- 6M
- -19.69%
- YTD
- -26.42%
- 1Y
- -25.99%
- 3Y*
- -47.08%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -33.99%
SOXL.L
- 1D
- 0.00%
- 1M
- -62.37%
- 6M
- 125.01%
- YTD
- 246.49%
- 1Y
- 434.27%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 25.74%
TLT5.L vs. SOXL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
TLT5.L Leverage Shares 5x Long 20+ Year Treasury Bond ETP Securities | -26.42% | -26.09% | -35.88% |
SOXL.L Leverage Shares 4x Long Semiconductors ETP Securities | 246.49% | 11.41% | -56.30% |
Correlation
The correlation between TLT5.L and SOXL.L 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 (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2024 | 0.02 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TLT5.L vs. SOXL.L — Risk / Return Rank
TLT5.L
SOXL.L
TLT5.L vs. SOXL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 5x Long 20+ Year Treasury Bond ETP Securities (TLT5.L) and Leverage Shares 4x Long Semiconductors ETP Securities (SOXL.L). 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.
| TLT5.L | SOXL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.27 | ||
| Sortino ratioReturn per unit of downside risk | -3.43 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.36 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | 6.22 | -6.79 |
| Martin ratioReturn relative to average drawdown | -1.05 | 18.85 | -19.90 |
Loading charts...
Drawdowns
TLT5.L vs. SOXL.L - Drawdown Comparison
The maximum TLT5.L drawdown since its inception was -87.09%, smaller than the maximum SOXL.L drawdown of -95.66%. Use the drawdown chart below to compare losses from any high point for TLT5.L and SOXL.L.
Loading charts...
Drawdown Indicators
| TLT5.L | SOXL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.09% | -95.66% | +8.57% |
Max Drawdown (1Y)Largest decline over 1 year | -44.88% | -69.30% | +24.42% |
Max Drawdown (3Y)Largest decline over 3 years | -85.74% | — | — |
Current DrawdownCurrent decline from peak | -86.59% | -65.19% | -21.40% |
Average DrawdownAverage peak-to-trough decline | -65.53% | -59.66% | -5.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.60% | 22.89% | +1.71% |
Volatility
TLT5.L vs. SOXL.L - Volatility Comparison
The current volatility for Leverage Shares 5x Long 20+ Year Treasury Bond ETP Securities (TLT5.L) is 12.49%, while Leverage Shares 4x Long Semiconductors ETP Securities (SOXL.L) has a volatility of 75.33%. This indicates that TLT5.L experiences smaller price fluctuations and is considered to be less risky than SOXL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TLT5.L | SOXL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.49% | 75.33% | -62.84% |
Volatility (6M)Calculated over the trailing 6-month period | 32.93% | 134.12% | -101.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.35% | 158.67% | -111.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.83% | 146.04% | -61.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 84.83% | 146.04% | -61.21% |
TLT5.L vs. SOXL.L - Expense Ratio Comparison
Both TLT5.L and SOXL.L have an expense ratio of 0.75%.
Dividends
TLT5.L vs. SOXL.L - Dividend Comparison
Neither TLT5.L nor SOXL.L has paid dividends to shareholders.
Frequently Asked Questions
TLT5.L and SOXL.L 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.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
TLT5.L and SOXL.L have the same expense ratio: 0.75% per year.
TLT5.L is categorized as Leveraged Bonds, while SOXL.L is Leveraged Equities.
Find the right allocation for TLT5.L and SOXL.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer