TREE vs. SOXL
Compare and contrast key facts about LendingTree, Inc. (TREE) and Direxion Daily Semiconductor Bull 3x Shares (SOXL).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TREE or SOXL.
Key characteristics
| TREE | SOXL | |
|---|---|---|
| YTD Return | 59.80% | -5.22% |
| 1Y Return | 193.81% | 31.80% |
| 3Y Return (Ann) | -30.30% | -21.85% |
| 5Y Return (Ann) | -33.47% | 14.44% |
| 10Y Return (Ann) | 0.33% | 33.10% |
| Sharpe Ratio | 2.56 | 0.35 |
| Sortino Ratio | 3.09 | 1.14 |
| Omega Ratio | 1.39 | 1.15 |
| Calmar Ratio | 2.09 | 0.49 |
| Martin Ratio | 18.28 | 1.12 |
| Ulcer Index | 11.01% | 30.94% |
| Daily Std Dev | 78.48% | 100.23% |
| Max Drawdown | -97.59% | -90.46% |
| Current Drawdown | -88.82% | -58.60% |
Correlation
The correlation between TREE and SOXL is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TREE vs. SOXL - Performance Comparison
In the year-to-date period, TREE achieves a 59.80% return, which is significantly higher than SOXL's -5.22% return. Over the past 10 years, TREE has underperformed SOXL with an annualized return of 0.33%, while SOXL has yielded a comparatively higher 33.10% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
TREE vs. SOXL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for LendingTree, Inc. (TREE) 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
TREE vs. SOXL - Dividend Comparison
TREE has not paid dividends to shareholders, while SOXL's dividend yield for the trailing twelve months is around 1.04%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
TREE LendingTree, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SOXL Direxion Daily Semiconductor Bull 3x Shares | 1.04% | 0.51% | 1.08% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% | 0.00% | 0.00% |
Drawdowns
TREE vs. SOXL - Drawdown Comparison
The maximum TREE drawdown since its inception was -97.59%, which is greater than SOXL's maximum drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for TREE and SOXL. For additional features, visit the drawdowns tool.
Volatility
TREE vs. SOXL - Volatility Comparison
LendingTree, Inc. (TREE) has a higher volatility of 31.12% compared to Direxion Daily Semiconductor Bull 3x Shares (SOXL) at 24.66%. This indicates that TREE's price experiences larger fluctuations and is considered to be riskier than SOXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.