TTD vs. SOXL
Compare and contrast key facts about The Trade Desk, Inc. (TTD) 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: TTD or SOXL.
Key characteristics
| TTD | SOXL | |
|---|---|---|
| YTD Return | 22.46% | 16.18% |
| 1Y Return | 40.97% | 165.02% |
| 3Y Return (Ann) | 7.91% | 1.33% |
| 5Y Return (Ann) | 30.65% | 23.71% |
| Sharpe Ratio | 0.90 | 1.83 |
| Daily Std Dev | 45.44% | 84.81% |
| Max Drawdown | -64.27% | -90.46% |
| Current Drawdown | -21.07% | -49.25% |
Correlation
The correlation between TTD and SOXL is 0.54, 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
TTD vs. SOXL - Performance Comparison
In the year-to-date period, TTD achieves a 22.46% return, which is significantly higher than SOXL's 16.18% 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
TTD vs. SOXL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Trade Desk, Inc. (TTD) 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
TTD vs. SOXL - Dividend Comparison
TTD has not paid dividends to shareholders, while SOXL's dividend yield for the trailing twelve months is around 0.46%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
TTD The Trade Desk, 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 | 0.46% | 0.51% | 1.07% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% | 0.00% | 0.00% |
Drawdowns
TTD vs. SOXL - Drawdown Comparison
The maximum TTD drawdown since its inception was -64.27%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for TTD and SOXL. For additional features, visit the drawdowns tool.
Volatility
TTD vs. SOXL - Volatility Comparison
The current volatility for The Trade Desk, Inc. (TTD) is 12.09%, while Direxion Daily Semiconductor Bull 3x Shares (SOXL) has a volatility of 29.82%. This indicates that TTD 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.