TTXU vs. SOXL

Last updated Jun 23, 2026

TTXU (Direxion Daily Technology Top 5 Bull 2X ETF) and SOXL (Direxion Daily Semiconductor Bull 3X ETF) are both Leveraged Equities funds from Direxion - TTXU tracks the S&P 500 Information Technology Top 5 Equal Capped Index while SOXL tracks the ICE Semiconductor Index. Both are passively managed. A 0.66 correlation means they provide meaningful diversification when combined. TTXU charges 0.98%/yr vs 0.75%/yr for SOXL.

Performance

TTXU vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Technology Top 5 Bull 2X ETF (TTXU) 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, TTXU achieves a 58.33% return, which is significantly lower than SOXL's 615.61% return.

TTXU

• 1D: -0.51%
• 1M: 20.59%
• YTD: 58.33%
• 6M: 54.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXL

• 1D: 7.69%
• 1M: 57.83%
• YTD: 615.61%
• 6M: 595.26%
• 1Y: 1,322.96%
• 3Y*: 141.01%
• 5Y*: 51.34%
• 10Y*: 68.93%

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

TTXU vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025
TTXU Direxion Daily Technology Top 5 Bull 2X ETF	58.33%	-14.75%
SOXL Direxion Daily Semiconductor Bull 3X ETF	615.61%	20.64%

Correlation

The correlation between TTXU and SOXL is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.66

Return for Risk

TTXU vs. SOXL — Risk / Return Rank

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

TTXU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SOXL

SOXL Risk / Return Rank: 97
SOXL Sharpe Ratio Rank: 100
SOXL Sortino Ratio Rank: 94
SOXL Omega Ratio Rank: 94
SOXL Calmar Ratio Rank: 99
SOXL Martin Ratio Rank: 99

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.

TTXU vs. SOXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Technology Top 5 Bull 2X ETF (TTXU) 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.

	TTXU	SOXL	Difference
Sharpe ratio: Return per unit of total volatility	—	11.72	—
Sortino ratio: Return per unit of downside risk	—	4.57	—
Omega ratio: Gain probability vs. loss probability	—	1.65	—
Calmar ratio: Return relative to maximum drawdown	—	30.78	—
Martin ratio: Return relative to average drawdown	—	99.38	—

Drawdowns

TTXU vs. SOXL - Drawdown Comparison

The maximum TTXU drawdown since its inception was -51.47%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for TTXU and SOXL.

Drawdown Indicators

	TTXU	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-51.47%	-90.46%	+38.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-43.47%	—
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	-11.69%	0.00%	-11.69%
Average Drawdown Average peak-to-trough decline	-22.38%	-34.95%	+12.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.44%	—

Volatility

Volatility by Period

	TTXU	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	62.02%	—
Volatility (6M) Calculated over the trailing 6-month period	—	96.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	64.35%	114.45%	-50.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.35%	109.85%	-45.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.35%	100.50%	-36.15%

TTXU vs. SOXL - Expense Ratio Comparison

TTXU has a 0.98% expense ratio, which is higher than SOXL's 0.75% expense ratio.

Dividends

TTXU vs. SOXL - Dividend Comparison

TTXU's dividend yield for the trailing twelve months is around 0.33%, 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%
TTXU Direxion Daily Technology Top 5 Bull 2X ETF	0.33%	0.34%	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 TTXU and SOXL in my portfolio?

TTXU and SOXL have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TTXU or SOXL?

On fees, SOXL is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TTXU or SOXL?

SOXL is cheaper with a 0.75% expense ratio, compared with 0.98% for TTXU.

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

TTXU has the higher dividend yield at 0.33%, compared with 0.03% for SOXL.

What is the main difference between TTXU and SOXL?

TTXU tracks S&P 500 Information Technology Top 5 Equal Capped Index, while SOXL tracks ICE Semiconductor Index. Their fees differ too: 0.98% for TTXU and 0.75% for SOXL.