TTD vs. SOXL

Last updated Aug 1, 2026

TTD (The Trade Desk, Inc.) is a stock, while SOXL (Direxion Daily Semiconductor Bull 3X ETF) is Leveraged Equities fund tracking the NYSE Semiconductor Index. Over the past 5 years, TTD returned -26.11%/yr vs 21.65%/yr for SOXL. Their 0.46 correlation means their historical movements had little consistent relationship.

Performance

TTD vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Trade Desk, Inc. (TTD) 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, TTD achieves a -52.48% return, which is significantly lower than SOXL's 172.95% return.

TTD

• 1D: -1.31%
• 1M: -5.55%
• 6M: -40.52%
• YTD: -52.48%
• 1Y: -79.04%
• 3Y*: -41.49%
• 5Y*: -26.11%
• 10Y*: —
• ALL TIME*: 20.48%

SOXL

• 1D: 0.00%
• 1M: -47.27%
• 6M: 85.66%
• YTD: 172.95%
• 1Y: 359.38%
• 3Y*: 60.01%
• 5Y*: 21.65%
• 10Y*: 48.63%
• ALL TIME*: 38.01%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SOXL Direxion Daily Semiconductor Bull 3X ETF	$10.60B	$10.77B	$11.72B
TTD The Trade Desk, Inc.	$291.19M	$250.89M	$384.43M

TTD vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TTD The Trade Desk, Inc.	-52.48%	-67.70%	63.33%	60.52%	-51.08%	14.41%	208.34%	123.83%	153.79%	65.27%
SOXL Direxion Daily Semiconductor Bull 3X ETF	172.95%	54.91%	-12.31%	226.98%	-85.66%	118.84%	70.04%	231.83%	-39.07%	141.71%

Correlation

The correlation between TTD and SOXL is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.01
Correlation (3Y) Balances recent behavior with more history.	0.29
Correlation (5Y) Shows whether the relationship held over a longer period.	0.45
Correlation (All Time) Calculated using the full available price history since Sep 21, 2016	0.46

Over the past year, the correlation between TTD and SOXL has dropped to 0.01 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.

Return for Risk

TTD vs. SOXL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TTD

TTD Risk / Return Rank: 4
TTD Sharpe Ratio Rank: 2
TTD Sortino Ratio Rank: 1
TTD Omega Ratio Rank: 1
TTD Calmar Ratio Rank: 3
TTD Martin Ratio Rank: 14

SOXL

SOXL Risk / Return Rank: 90
SOXL Sharpe Ratio Rank: 95
SOXL Sortino Ratio Rank: 83
SOXL Omega Ratio Rank: 85
SOXL Calmar Ratio Rank: 95
SOXL Martin Ratio Rank: 94

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TTD vs. SOXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Trade Desk, Inc. (TTD) 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.

	TTD	SOXL	Difference
Sharpe ratio: Return per unit of total volatility	-1.23	2.77	-4.00
Sortino ratio: Return per unit of downside risk	-2.45	2.70	-5.15
Omega ratio: Gain probability vs. loss probability	0.66	1.36	-0.70
Calmar ratio: Return relative to maximum drawdown	-0.98	5.22	-6.19
Martin ratio: Return relative to average drawdown	-1.24	18.04	-19.29

TTD vs. SOXL - Sharpe Ratio Comparison

The current TTD Sharpe Ratio is -1.23, which is lower than the SOXL Sharpe Ratio of 2.77. The chart below compares the historical Sharpe Ratios of TTD 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

TTD vs. SOXL - Drawdown Comparison

The maximum TTD drawdown since its inception was -87.97%, roughly equal to the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for TTD and SOXL.

Drawdown Indicators

	TTD	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-87.97%	-90.46%	+2.49%
Max Drawdown (1Y) Largest decline over 1 year	-81.29%	-69.42%	-11.87%
Max Drawdown (3Y) Largest decline over 3 years	-87.97%	-87.88%	-0.09%
Max Drawdown (5Y) Largest decline over 5 years	-87.97%	-90.46%	+2.49%
Max Drawdown (10Y) Largest decline over 10 years	—	-90.46%	—
Current Drawdown Current decline from peak	-87.07%	-61.86%	-25.21%
Average Drawdown Average peak-to-trough decline	-28.06%	-35.00%	+6.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	63.67%	20.04%	+43.63%

Volatility

TTD vs. SOXL - Volatility Comparison

The current volatility for The Trade Desk, Inc. (TTD) is 13.04%, while Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a volatility of 52.68%. 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.

Volatility by Period

	TTD	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.04%	52.68%	-39.64%
Volatility (6M) Calculated over the trailing 6-month period	41.78%	115.51%	-73.73%
Volatility (1Y) Calculated over the trailing 1-year period	64.58%	130.99%	-66.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.00%	113.21%	-46.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.19%	102.11%	-33.92%

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 0.01%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SOXL Direxion Daily Semiconductor Bull 3X ETF	0.01%	0.34%	1.18%	0.51%	1.07%	0.04%	0.05%	0.38%	1.30%	0.09%	4.84%
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%

Frequently Asked Questions

Can I hold both TTD and SOXL in my portfolio?

TTD and SOXL have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TTD or SOXL?

SOXL has higher volatility (52.68%) compared to TTD (13.04%). In terms of maximum drawdown, TTD dropped -87.97% vs SOXL's -90.46%.

Which has better risk-adjusted returns?

SOXL currently has the higher Sharpe Ratio (2.77 vs -1.23), 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.