TSII vs. SOXL

Last updated Jun 24, 2026

TSII (REX TSLA Growth & Income ETF) and SOXL (Direxion Daily Semiconductor Bull 3X ETF) are both Leveraged Equities funds. TSII is actively managed, while SOXL is passively managed. Over the past year, TSII returned 14.16% vs 976.09% for SOXL. At a 0.50 correlation, their price movements are largely independent. TSII charges 0.99%/yr vs 0.75%/yr for SOXL.

Performance

TSII vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX TSLA Growth & Income ETF (TSII) 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, TSII achieves a -17.18% return, which is significantly lower than SOXL's 450.61% return.

TSII

• 1D: -8.05%
• 1M: -11.96%
• YTD: -17.18%
• 6M: -23.93%
• 1Y: 14.16%
• 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)

TSII vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025
TSII REX TSLA Growth & Income ETF	-17.18%	39.41%
SOXL Direxion Daily Semiconductor Bull 3X ETF	450.61%	130.47%

Correlation

The correlation between TSII and SOXL is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.50

The correlation between TSII and SOXL has been stable across timeframes, ranging from 0.50 to 0.50 - a consistent structural relationship.

Return for Risk

TSII vs. SOXL — Risk / Return Rank

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

TSII

TSII Risk / Return Rank: 14
TSII Sharpe Ratio Rank: 13
TSII Sortino Ratio Rank: 14
TSII Omega Ratio Rank: 14
TSII Calmar Ratio Rank: 14
TSII Martin Ratio Rank: 14

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.

TSII vs. SOXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX TSLA Growth & Income ETF (TSII) 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.

	TSII	SOXL	Difference
Sharpe ratio: Return per unit of total volatility	0.32	8.45	-8.12
Sortino ratio: Return per unit of downside risk	0.73	4.03	-3.30
Omega ratio: Gain probability vs. loss probability	1.09	1.58	-0.49
Calmar ratio: Return relative to maximum drawdown	0.49	22.69	-22.20
Martin ratio: Return relative to average drawdown	1.10	72.83	-71.73

TSII vs. SOXL - Sharpe Ratio Comparison

The current TSII Sharpe Ratio is 0.32, which is lower than the SOXL Sharpe Ratio of 8.45. The chart below compares the historical Sharpe Ratios of TSII 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

TSII vs. SOXL - Drawdown Comparison

The maximum TSII drawdown since its inception was -29.03%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for TSII and SOXL.

Drawdown Indicators

	TSII	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-29.03%	-90.46%	+61.43%
Max Drawdown (1Y) Largest decline over 1 year	-29.03%	-43.47%	+14.44%
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	-24.32%	-23.06%	-1.26%
Average Drawdown Average peak-to-trough decline	-9.92%	-34.95%	+25.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.86%	13.52%	-0.66%

Volatility

TSII vs. SOXL - Volatility Comparison

The current volatility for REX TSLA Growth & Income ETF (TSII) is 16.81%, while Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a volatility of 68.39%. This indicates that TSII 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

	TSII	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.81%	68.39%	-51.58%
Volatility (6M) Calculated over the trailing 6-month period	30.34%	99.84%	-69.50%
Volatility (1Y) Calculated over the trailing 1-year period	44.60%	116.79%	-72.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.24%	110.35%	-63.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.24%	100.62%	-53.38%

TSII vs. SOXL - Expense Ratio Comparison

TSII has a 0.99% expense ratio, which is higher than SOXL's 0.75% expense ratio.

Dividends

TSII vs. SOXL - Dividend Comparison

TSII's dividend yield for the trailing twelve months is around 81.88%, 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%
TSII REX TSLA Growth & Income ETF	81.88%	32.17%	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 TSII and SOXL in my portfolio?

TSII and SOXL have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TSII or SOXL?

SOXL has higher volatility (68.39%) compared to TSII (16.81%). In terms of maximum drawdown, TSII dropped -29.03% vs SOXL's -90.46%.

Which ETF is better, TSII or SOXL?

On 1-year performance, SOXL leads with 976.09% vs 14.16% for TSII. On fees, SOXL is cheaper at 0.75% per year. On volatility, TSII has been the lower-risk option at 16.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TSII or SOXL?

Over the 1-year period, SOXL has performed better with a 976.09% return vs 14.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TSII or SOXL?

SOXL is cheaper with a 0.75% expense ratio, compared with 0.99% for TSII.

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

TSII has the higher dividend yield at 81.88%, compared with 0.03% for SOXL.

What is the main difference between TSII and SOXL?

They also come from different issuers: REX and Direxion. Their fees differ too: 0.99% for TSII and 0.75% for SOXL.

Which has better risk-adjusted returns?

SOXL currently has the higher Sharpe Ratio (8.45 vs 0.32), 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.