TPOR vs. SOXL
Compare and contrast key facts about Direxion Daily Transportation Bull 3X Shares (TPOR) and Direxion Daily Semiconductor Bull 3x Shares (SOXL).
TPOR and SOXL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TPOR is a passively managed fund by Direxion that tracks the performance of the Dow Jones Transportation Average Index (300%). It was launched on May 3, 2017. SOXL is a passively managed fund by Direxion that tracks the performance of the PHLX Semiconductor Index (300%). It was launched on Mar 11, 2010. Both TPOR and SOXL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TPOR or SOXL.
Correlation
The correlation between TPOR and SOXL is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TPOR vs. SOXL - Performance Comparison
Key characteristics
TPOR:
-0.20
SOXL:
-0.20
TPOR:
0.08
SOXL:
0.42
TPOR:
1.01
SOXL:
1.05
TPOR:
-0.19
SOXL:
-0.31
TPOR:
-0.54
SOXL:
-0.48
TPOR:
20.34%
SOXL:
42.43%
TPOR:
54.16%
SOXL:
103.74%
TPOR:
-87.59%
SOXL:
-90.46%
TPOR:
-43.80%
SOXL:
-59.59%
Returns By Period
In the year-to-date period, TPOR achieves a 8.88% return, which is significantly higher than SOXL's 5.49% return.
TPOR
8.88%
-9.60%
5.85%
-17.24%
6.31%
N/A
SOXL
5.49%
-17.50%
-28.36%
-27.69%
12.83%
29.05%
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TPOR vs. SOXL - Expense Ratio Comparison
TPOR has a 1.01% expense ratio, which is higher than SOXL's 0.99% expense ratio.
Risk-Adjusted Performance
TPOR vs. SOXL — Risk-Adjusted Performance Rank
TPOR
SOXL
TPOR vs. SOXL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Transportation Bull 3X Shares (TPOR) and Direxion Daily Semiconductor Bull 3x Shares (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.
Dividends
TPOR vs. SOXL - Dividend Comparison
TPOR's dividend yield for the trailing twelve months is around 1.31%, more than SOXL's 1.11% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TPOR Direxion Daily Transportation Bull 3X Shares | 1.31% | 1.43% | 1.50% | 0.00% | 0.00% | 0.10% | 0.96% | 1.22% | 8.70% | 0.00% | 0.00% | 0.00% |
SOXL Direxion Daily Semiconductor Bull 3x Shares | 1.11% | 1.18% | 0.51% | 1.08% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% | 0.00% | 0.00% |
Drawdowns
TPOR vs. SOXL - Drawdown Comparison
The maximum TPOR drawdown since its inception was -87.59%, roughly equal to the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for TPOR and SOXL. For additional features, visit the drawdowns tool.
Volatility
TPOR vs. SOXL - Volatility Comparison
The current volatility for Direxion Daily Transportation Bull 3X Shares (TPOR) is 17.52%, while Direxion Daily Semiconductor Bull 3x Shares (SOXL) has a volatility of 32.65%. This indicates that TPOR 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.