URAA vs. SOXS

Last updated Jun 26, 2026

URAA (Direxion Daily Uranium Industry Bull 2X Shares) and SOXS (Direxion Daily Semiconductor Bear 3x Shares) are both exchange-traded funds - URAA is a Uranium fund tracking the Solactive United States Uranium and Nuclear Energy ETF Select Index (200%), while SOXS is a Inverse Equities fund tracking the PHLX Semiconductor Index (-300%). Both are passively managed. Over the past year, URAA returned 3.39% vs -97.64% for SOXS. At a correlation of -0.49, they often move in opposite directions. URAA charges 1.28%/yr vs 1.08%/yr for SOXS.

Performance

URAA vs. SOXS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Uranium Industry Bull 2X Shares (URAA) and Direxion Daily Semiconductor Bear 3x Shares (SOXS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, URAA achieves a -16.20% return, which is significantly higher than SOXS's -94.09% return.

URAA

• 1D: -3.76%
• 1M: -26.89%
• YTD: -16.20%
• 6M: -23.09%
• 1Y: 3.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXS

• 1D: -11.03%
• 1M: -41.63%
• YTD: -94.09%
• 6M: -93.81%
• 1Y: -97.64%
• 3Y*: -87.76%
• 5Y*: -80.66%
• 10Y*: -79.95%

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

URAA vs. SOXS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
URAA Direxion Daily Uranium Industry Bull 2X Shares	-16.20%	88.33%	-25.73%
SOXS Direxion Daily Semiconductor Bear 3x Shares	-94.09%	-85.53%	1.67%

Correlation

The correlation between URAA and SOXS is -0.48, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.48
Correlation (All Time) Calculated using the full available price history since Jun 26, 2024	-0.49

Return for Risk

URAA vs. SOXS — Risk / Return Rank

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

URAA

URAA Risk / Return Rank: 12
URAA Sharpe Ratio Rank: 10
URAA Sortino Ratio Rank: 15
URAA Omega Ratio Rank: 15
URAA Calmar Ratio Rank: 10
URAA Martin Ratio Rank: 9

SOXS

SOXS Risk / Return Rank: 1
SOXS Sharpe Ratio Rank: 3
SOXS Sortino Ratio Rank: 0
SOXS Omega Ratio Rank: 0
SOXS Calmar Ratio Rank: 0
SOXS Martin Ratio Rank: 1

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.

URAA vs. SOXS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Uranium Industry Bull 2X Shares (URAA) and Direxion Daily Semiconductor Bear 3x Shares (SOXS). 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.

	URAA	SOXS	Difference
Sharpe ratio: Return per unit of total volatility	0.04	-0.83	+0.87
Sortino ratio: Return per unit of downside risk	0.76	-3.35	+4.11
Omega ratio: Gain probability vs. loss probability	1.09	0.64	+0.45
Calmar ratio: Return relative to maximum drawdown	0.06	-1.00	+1.05
Martin ratio: Return relative to average drawdown	0.11	-1.51	+1.63

URAA vs. SOXS - Sharpe Ratio Comparison

The current URAA Sharpe Ratio is 0.04, which is higher than the SOXS Sharpe Ratio of -0.83. The chart below compares the historical Sharpe Ratios of URAA and SOXS, 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

URAA vs. SOXS - Drawdown Comparison

The maximum URAA drawdown since its inception was -67.45%, smaller than the maximum SOXS drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for URAA and SOXS.

Drawdown Indicators

	URAA	SOXS	Difference
Max Drawdown Largest peak-to-trough decline	-67.45%	-100.00%	+32.55%
Max Drawdown (1Y) Largest decline over 1 year	-59.83%	-97.88%	+38.05%
Max Drawdown (3Y) Largest decline over 3 years	—	-99.87%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-99.98%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-100.00%	—
Current Drawdown Current decline from peak	-57.80%	-100.00%	+42.20%
Average Drawdown Average peak-to-trough decline	-28.00%	-92.61%	+64.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.03%	64.48%	-34.45%

Volatility

URAA vs. SOXS - Volatility Comparison

The current volatility for Direxion Daily Uranium Industry Bull 2X Shares (URAA) is 30.96%, while Direxion Daily Semiconductor Bear 3x Shares (SOXS) has a volatility of 65.23%. This indicates that URAA experiences smaller price fluctuations and is considered to be less risky than SOXS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	URAA	SOXS	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.96%	65.23%	-34.27%
Volatility (6M) Calculated over the trailing 6-month period	74.07%	100.97%	-26.90%
Volatility (1Y) Calculated over the trailing 1-year period	95.73%	117.61%	-21.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.51%	111.53%	-22.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.51%	102.14%	-12.63%

URAA vs. SOXS - Expense Ratio Comparison

URAA has a 1.28% expense ratio, which is higher than SOXS's 1.08% expense ratio.

Dividends

URAA vs. SOXS - Dividend Comparison

URAA's dividend yield for the trailing twelve months is around 12.02%, less than SOXS's 62.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
SOXS Direxion Daily Semiconductor Bear 3x Shares	62.55%	10.79%	5.45%	9.22%	0.19%	0.00%	3.58%	2.30%	0.76%
URAA Direxion Daily Uranium Industry Bull 2X Shares	12.02%	9.14%	4.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both URAA and SOXS in my portfolio?

URAA and SOXS have a correlation of -0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, URAA or SOXS?

SOXS has higher volatility (65.23%) compared to URAA (30.96%). In terms of maximum drawdown, URAA dropped -67.45% vs SOXS's -100.00%.

Which ETF is better, URAA or SOXS?

On 1-year performance, URAA leads with 3.39% vs -97.64% for SOXS. On fees, SOXS is cheaper at 1.08% per year. On volatility, URAA has been the lower-risk option at 30.96%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, URAA or SOXS?

Over the 1-year period, URAA has performed better with a 3.39% return vs -97.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, URAA or SOXS?

SOXS is cheaper with a 1.08% expense ratio, compared with 1.28% for URAA.

Which ETF pays a higher dividend yield, URAA or SOXS?

SOXS has the higher dividend yield at 62.55%, compared with 12.02% for URAA.

What is the main difference between URAA and SOXS?

URAA is categorized as Uranium, while SOXS is Inverse Equities. URAA tracks Solactive United States Uranium and Nuclear Energy ETF Select Index (200%), while SOXS tracks PHLX Semiconductor Index (-300%). Their fees differ too: 1.28% for URAA and 1.08% for SOXS.

Which has better risk-adjusted returns?

URAA currently has the higher Sharpe Ratio (0.04 vs -0.83), 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.