XYZG vs. SOXL

Last updated Jun 5, 2026

XYZG (Leverage Shares 2X Long XYZ Daily ETF) and SOXL (Direxion Daily Semiconductor Bull 3X ETF) are both Leveraged Equities funds. XYZG is actively managed, while SOXL is passively managed. Over the past year, XYZG returned -13.66% vs 1280.87% for SOXL. At a 0.34 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

XYZG vs. SOXL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long XYZ Daily ETF (XYZG) and Direxion Daily Semiconductor Bull 3X ETF (SOXL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XYZG achieves a -0.81% return, which is significantly lower than SOXL's 525.03% return.

XYZG

• 1D: 2.55%
• 1M: -3.88%
• YTD: -0.81%
• 6M: 7.31%
• 1Y: -13.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXL

• 1D: -6.36%
• 1M: 82.23%
• YTD: 525.03%
• 6M: 481.71%
• 1Y: 1,280.87%
• 3Y*: 133.82%
• 5Y*: 46.78%
• 10Y*: 64.43%

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

XYZG vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025
XYZG Leverage Shares 2X Long XYZ Daily ETF	-0.81%	21.85%
SOXL Direxion Daily Semiconductor Bull 3X ETF	525.03%	383.11%

Correlation

The correlation between XYZG and SOXL is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (All Time) Calculated using the full available price history since Apr 7, 2025	0.34

Return for Risk

XYZG vs. SOXL — Risk / Return Rank

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

XYZG

XYZG Risk / Return Rank: 9
XYZG Sharpe Ratio Rank: 8
XYZG Sortino Ratio Rank: 12
XYZG Omega Ratio Rank: 12
XYZG Calmar Ratio Rank: 7
XYZG Martin Ratio Rank: 7

SOXL

SOXL Risk / Return Rank: 97
SOXL Sharpe Ratio Rank: 100
SOXL Sortino Ratio Rank: 95
SOXL Omega Ratio Rank: 94
SOXL Calmar Ratio Rank: 99
SOXL Martin Ratio Rank: 99

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.

XYZG vs. SOXL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long XYZ Daily ETF (XYZG) and Direxion Daily Semiconductor Bull 3X ETF (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.

	XYZG	SOXL	Difference
Sharpe ratio: Return per unit of total volatility	-0.15	12.69	-12.83
Sortino ratio: Return per unit of downside risk	0.44	4.98	-4.54
Omega ratio: Gain probability vs. loss probability	1.05	1.69	-0.63
Calmar ratio: Return relative to maximum drawdown	-0.20	29.80	-29.99
Martin ratio: Return relative to average drawdown	-0.36	102.14	-102.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XYZG vs. SOXL - Sharpe Ratio Comparison

The current XYZG Sharpe Ratio is -0.15, which is lower than the SOXL Sharpe Ratio of 12.69. The chart below compares the historical Sharpe Ratios of XYZG and SOXL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XYZG	SOXL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.15	12.69	-12.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.44	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	0.51	-0.34

Drawdowns

XYZG vs. SOXL - Drawdown Comparison

The maximum XYZG drawdown since its inception was -69.40%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for XYZG and SOXL.

Drawdown Indicators

	XYZG	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-69.40%	-90.46%	+21.06%
Max Drawdown (1Y) Largest decline over 1 year	-69.40%	-43.47%	-25.93%
Max Drawdown (3Y) Largest decline over 3 years	—	-87.88%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-90.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-90.46%	—
Current Drawdown Current decline from peak	-43.64%	-6.36%	-37.28%
Average Drawdown Average peak-to-trough decline	-29.11%	-35.01%	+5.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	37.70%	12.66%	+25.04%

Volatility

XYZG vs. SOXL - Volatility Comparison

The current volatility for Leverage Shares 2X Long XYZ Daily ETF (XYZG) is 25.89%, while Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a volatility of 41.05%. This indicates that XYZG 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.

Volatility by Period

	XYZG	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.89%	41.05%	-15.16%
Volatility (6M) Calculated over the trailing 6-month period	69.29%	81.57%	-12.28%
Volatility (1Y) Calculated over the trailing 1-year period	92.75%	102.16%	-9.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	103.56%	107.25%	-3.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	103.56%	99.05%	+4.51%

XYZG vs. SOXL - Expense Ratio Comparison

Both XYZG and SOXL have an expense ratio of 0.75%.

Dividends

XYZG vs. SOXL - Dividend Comparison

XYZG's dividend yield for the trailing twelve months is around 6.75%, more than SOXL's 0.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SOXL Direxion Daily Semiconductor Bull 3X ETF	0.03%	0.34%	1.18%	0.51%	1.07%	0.04%	0.05%	0.38%	1.30%	0.09%	4.84%
XYZG Leverage Shares 2X Long XYZ Daily ETF	6.75%	6.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XYZG and SOXL in my portfolio?

XYZG and SOXL have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XYZG or SOXL?

SOXL has higher volatility (41.05%) compared to XYZG (25.89%). In terms of maximum drawdown, XYZG dropped -69.40% vs SOXL's -90.46%.

Which ETF is better, XYZG or SOXL?

On 1-year performance, SOXL leads with 1280.87% vs -13.66% for XYZG. Both ETFs have the same 0.75% expense ratio. On volatility, XYZG has been the lower-risk option at 25.89%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XYZG or SOXL?

Over the 1-year period, SOXL has performed better with a 1280.87% return vs -13.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XYZG or SOXL?

XYZG and SOXL have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, XYZG or SOXL?

XYZG has the higher dividend yield at 6.75%, compared with 0.03% for SOXL.

What is the main difference between XYZG and SOXL?

They also come from different issuers: Leverage Shares and Direxion.

Which has better risk-adjusted returns?

SOXL currently has the higher Sharpe Ratio (12.69 vs -0.15), 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.