UTSL vs. SOXL
Compare and contrast key facts about Direxion Daily Utilities Bull 3X Shares (UTSL) and Direxion Daily Semiconductor Bull 3x Shares (SOXL).
UTSL and SOXL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UTSL is a passively managed fund by Direxion that tracks the performance of the Utilities Select Sector Index (300%). It was launched on May 3, 2017. 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. Both UTSL and SOXL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UTSL or SOXL.
Correlation
The correlation between UTSL and SOXL is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
UTSL vs. SOXL - Performance Comparison
Key characteristics
UTSL:
0.51
SOXL:
-0.50
UTSL:
1.19
SOXL:
-0.25
UTSL:
1.16
SOXL:
0.97
UTSL:
0.65
SOXL:
-0.73
UTSL:
2.51
SOXL:
-1.19
UTSL:
14.27%
SOXL:
54.31%
UTSL:
51.59%
SOXL:
127.74%
UTSL:
-79.55%
SOXL:
-90.46%
UTSL:
-34.16%
SOXL:
-80.15%
Returns By Period
In the year-to-date period, UTSL achieves a 11.35% return, which is significantly higher than SOXL's -48.17% return.
UTSL
11.35%
16.25%
-3.00%
26.01%
14.19%
N/A
SOXL
-48.17%
10.49%
-59.92%
-64.32%
9.41%
21.27%
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UTSL vs. SOXL - Expense Ratio Comparison
Both UTSL and SOXL have an expense ratio of 0.99%.
Risk-Adjusted Performance
UTSL vs. SOXL — Risk-Adjusted Performance Rank
UTSL
SOXL
UTSL vs. SOXL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Utilities Bull 3X Shares (UTSL) 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
UTSL vs. SOXL - Dividend Comparison
UTSL's dividend yield for the trailing twelve months is around 1.64%, less than SOXL's 2.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UTSL Direxion Daily Utilities Bull 3X Shares | 1.64% | 1.61% | 3.61% | 1.15% | 1.20% | 1.40% | 5.01% | 1.46% | 0.57% | 0.00% | 0.00% | 0.00% |
SOXL Direxion Daily Semiconductor Bull 3x Shares | 2.49% | 1.18% | 0.51% | 1.08% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% | 0.00% | 0.00% |
Drawdowns
UTSL vs. SOXL - Drawdown Comparison
The maximum UTSL drawdown since its inception was -79.55%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for UTSL and SOXL. For additional features, visit the drawdowns tool.
Volatility
UTSL vs. SOXL - Volatility Comparison
The current volatility for Direxion Daily Utilities Bull 3X Shares (UTSL) is 14.60%, while Direxion Daily Semiconductor Bull 3x Shares (SOXL) has a volatility of 40.90%. This indicates that UTSL 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.