USA vs. SOXL
Compare and contrast key facts about Liberty All-Star Equity Fund (USA) 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: USA or SOXL.
Performance
USA vs. SOXL - Performance Comparison
Returns By Period
In the year-to-date period, USA achieves a 23.77% return, which is significantly higher than SOXL's -14.64% return. Over the past 10 years, USA has underperformed SOXL with an annualized return of 12.71%, while SOXL has yielded a comparatively higher 30.98% annualized return.
USA
23.77%
0.11%
10.15%
28.61%
12.71%
12.71%
SOXL
-14.64%
-22.63%
-41.01%
18.24%
12.05%
30.98%
Key characteristics
| USA | SOXL | |
|---|---|---|
| Sharpe Ratio | 2.05 | 0.19 |
| Sortino Ratio | 2.78 | 0.96 |
| Omega Ratio | 1.35 | 1.12 |
| Calmar Ratio | 1.64 | 0.27 |
| Martin Ratio | 13.62 | 0.60 |
| Ulcer Index | 2.10% | 31.18% |
| Daily Std Dev | 13.97% | 100.74% |
| Max Drawdown | -69.06% | -90.46% |
| Current Drawdown | -2.17% | -62.71% |
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Correlation
The correlation between USA and SOXL is 0.63, 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.
Risk-Adjusted Performance
USA vs. SOXL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Liberty All-Star Equity Fund (USA) 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
USA vs. SOXL - Dividend Comparison
USA's dividend yield for the trailing twelve months is around 9.97%, more than SOXL's 1.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USA Liberty All-Star Equity Fund | 9.97% | 9.56% | 12.11% | 9.67% | 9.26% | 9.88% | 12.81% | 9.01% | 9.43% | 9.66% | 6.61% | 5.94% |
SOXL Direxion Daily Semiconductor Bull 3x Shares | 1.15% | 0.51% | 1.08% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% | 0.00% | 0.00% | 0.00% |
Drawdowns
USA vs. SOXL - Drawdown Comparison
The maximum USA drawdown since its inception was -69.06%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for USA and SOXL. For additional features, visit the drawdowns tool.
Volatility
USA vs. SOXL - Volatility Comparison
The current volatility for Liberty All-Star Equity Fund (USA) is 4.36%, while Direxion Daily Semiconductor Bull 3x Shares (SOXL) has a volatility of 26.28%. This indicates that USA 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.