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WANT vs. SOXL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between WANT and SOXL is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.7

Performance

WANT vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) and Direxion Daily Semiconductor Bull 3x Shares (SOXL). The values are adjusted to include any dividend payments, if applicable.

0.00%200.00%400.00%600.00%800.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
136.64%
312.09%
WANT
SOXL

Key characteristics

Sharpe Ratio

WANT:

1.30

SOXL:

-0.02

Sortino Ratio

WANT:

1.80

SOXL:

0.69

Omega Ratio

WANT:

1.23

SOXL:

1.09

Calmar Ratio

WANT:

0.94

SOXL:

-0.03

Martin Ratio

WANT:

5.78

SOXL:

-0.06

Ulcer Index

WANT:

12.27%

SOXL:

35.92%

Daily Std Dev

WANT:

54.70%

SOXL:

101.64%

Max Drawdown

WANT:

-85.89%

SOXL:

-90.46%

Current Drawdown

WANT:

-45.23%

SOXL:

-61.82%

Returns By Period

In the year-to-date period, WANT achieves a 69.74% return, which is significantly higher than SOXL's -12.59% return.


WANT

YTD

69.74%

1M

17.61%

6M

74.56%

1Y

67.29%

5Y*

11.25%

10Y*

N/A

SOXL

YTD

-12.59%

1M

-4.18%

6M

-52.88%

1Y

-10.04%

5Y*

8.51%

10Y*

29.00%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


WANT vs. SOXL - Expense Ratio Comparison

WANT has a 0.98% expense ratio, which is lower than SOXL's 0.99% expense ratio.


SOXL
Direxion Daily Semiconductor Bull 3x Shares
Expense ratio chart for SOXL: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for WANT: current value at 0.98% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.98%

Risk-Adjusted Performance

WANT vs. SOXL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) 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.


Sharpe ratio
The chart of Sharpe ratio for WANT, currently valued at 1.30, compared to the broader market0.002.004.001.30-0.02
The chart of Sortino ratio for WANT, currently valued at 1.80, compared to the broader market-2.000.002.004.006.008.0010.001.800.69
The chart of Omega ratio for WANT, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.001.231.09
The chart of Calmar ratio for WANT, currently valued at 0.94, compared to the broader market0.005.0010.0015.000.94-0.03
The chart of Martin ratio for WANT, currently valued at 5.78, compared to the broader market0.0020.0040.0060.0080.00100.005.78-0.06
WANT
SOXL

The current WANT Sharpe Ratio is 1.30, which is higher than the SOXL Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of WANT and SOXL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
1.30
-0.02
WANT
SOXL

Dividends

WANT vs. SOXL - Dividend Comparison

WANT's dividend yield for the trailing twelve months is around 0.46%, less than SOXL's 0.89% yield.


TTM2023202220212020201920182017201620152014
WANT
Direxion Daily Consumer Discretionary Bull 3X Shares
0.46%0.45%0.00%0.00%0.07%0.65%0.00%0.00%0.00%0.00%0.00%
SOXL
Direxion Daily Semiconductor Bull 3x Shares
0.89%0.51%1.08%0.04%0.05%0.38%1.30%0.09%4.84%0.00%0.00%

Drawdowns

WANT vs. SOXL - Drawdown Comparison

The maximum WANT drawdown since its inception was -85.89%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for WANT and SOXL. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-45.23%
-61.82%
WANT
SOXL

Volatility

WANT vs. SOXL - Volatility Comparison

The current volatility for Direxion Daily Consumer Discretionary Bull 3X Shares (WANT) is 19.04%, while Direxion Daily Semiconductor Bull 3x Shares (SOXL) has a volatility of 24.92%. This indicates that WANT 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.


10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
19.04%
24.92%
WANT
SOXL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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