UXI vs. SOXL
Compare and contrast key facts about ProShares Ultra Industrials (UXI) and Direxion Daily Semiconductor Bull 3x Shares (SOXL).
UXI and SOXL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UXI is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Industrials Index (200%). It was launched on Jan 30, 2007. 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 UXI 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: UXI or SOXL.
Correlation
The correlation between UXI and SOXL is 0.66, 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.
Performance
UXI vs. SOXL - Performance Comparison
Key characteristics
UXI:
1.05
SOXL:
-0.07
UXI:
1.59
SOXL:
0.61
UXI:
1.19
SOXL:
1.08
UXI:
1.27
SOXL:
-0.12
UXI:
5.46
SOXL:
-0.20
UXI:
5.25%
SOXL:
36.60%
UXI:
27.37%
SOXL:
101.65%
UXI:
-89.01%
SOXL:
-90.46%
UXI:
-14.25%
SOXL:
-58.36%
Returns By Period
In the year-to-date period, UXI achieves a 28.91% return, which is significantly higher than SOXL's -4.67% return. Over the past 10 years, UXI has underperformed SOXL with an annualized return of 15.19%, while SOXL has yielded a comparatively higher 30.40% annualized return.
UXI
28.91%
-13.24%
15.93%
28.46%
11.33%
15.19%
SOXL
-4.67%
10.36%
-46.12%
-7.09%
10.40%
30.40%
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UXI vs. SOXL - Expense Ratio Comparison
UXI has a 0.95% expense ratio, which is lower than SOXL's 0.99% expense ratio.
Risk-Adjusted Performance
UXI vs. SOXL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Industrials (UXI) 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
UXI vs. SOXL - Dividend Comparison
UXI's dividend yield for the trailing twelve months is around 0.18%, less than SOXL's 1.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UXI ProShares Ultra Industrials | 0.18% | 0.21% | 0.24% | 0.03% | 0.29% | 0.59% | 0.37% | 0.24% | 0.38% | 0.41% | 0.35% | 0.16% |
SOXL Direxion Daily Semiconductor Bull 3x Shares | 1.08% | 0.51% | 1.08% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% | 0.00% | 0.00% | 0.00% |
Drawdowns
UXI vs. SOXL - Drawdown Comparison
The maximum UXI drawdown since its inception was -89.01%, roughly equal to the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for UXI and SOXL. For additional features, visit the drawdowns tool.
Volatility
UXI vs. SOXL - Volatility Comparison
The current volatility for ProShares Ultra Industrials (UXI) is 7.52%, while Direxion Daily Semiconductor Bull 3x Shares (SOXL) has a volatility of 25.66%. This indicates that UXI 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.