YINN vs. SOXL
Compare and contrast key facts about Direxion Daily China 3x Bull Shares (YINN) and Direxion Daily Semiconductor Bull 3x Shares (SOXL).
YINN and SOXL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YINN is a passively managed fund by Direxion that tracks the performance of the FTSE China 50 Index (300%). It was launched on Dec 3, 2009. 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 YINN 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: YINN or SOXL.
Key characteristics
| YINN | SOXL | |
|---|---|---|
| YTD Return | 36.61% | 1.41% |
| 1Y Return | 10.83% | 59.41% |
| 3Y Return (Ann) | -50.13% | -20.15% |
| 5Y Return (Ann) | -38.90% | 16.61% |
| 10Y Return (Ann) | -26.26% | 33.85% |
| Sharpe Ratio | 0.15 | 0.55 |
| Sortino Ratio | 0.96 | 1.34 |
| Omega Ratio | 1.12 | 1.17 |
| Calmar Ratio | 0.15 | 0.76 |
| Martin Ratio | 0.45 | 1.80 |
| Ulcer Index | 32.98% | 30.53% |
| Daily Std Dev | 97.98% | 100.59% |
| Max Drawdown | -98.87% | -90.46% |
| Current Drawdown | -97.69% | -55.71% |
Correlation
The correlation between YINN and SOXL is 0.55, 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
YINN vs. SOXL - Performance Comparison
In the year-to-date period, YINN achieves a 36.61% return, which is significantly higher than SOXL's 1.41% return. Over the past 10 years, YINN has underperformed SOXL with an annualized return of -26.26%, while SOXL has yielded a comparatively higher 33.85% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
YINN vs. SOXL - Expense Ratio Comparison
YINN has a 1.52% expense ratio, which is higher than SOXL's 0.99% expense ratio.
Risk-Adjusted Performance
YINN vs. SOXL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily China 3x Bull Shares (YINN) 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
YINN vs. SOXL - Dividend Comparison
YINN's dividend yield for the trailing twelve months is around 2.08%, more than SOXL's 0.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
YINN Direxion Daily China 3x Bull Shares | 2.08% | 4.17% | 1.16% | 0.73% | 0.76% | 1.38% | 1.02% | 1.11% | 0.00% | 0.00% | 0.19% |
SOXL Direxion Daily Semiconductor Bull 3x Shares | 0.97% | 0.51% | 1.08% | 0.04% | 0.05% | 0.38% | 1.30% | 0.09% | 4.84% | 0.00% | 0.00% |
Drawdowns
YINN vs. SOXL - Drawdown Comparison
The maximum YINN drawdown since its inception was -98.87%, which is greater than SOXL's maximum drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for YINN and SOXL. For additional features, visit the drawdowns tool.
Volatility
YINN vs. SOXL - Volatility Comparison
Direxion Daily China 3x Bull Shares (YINN) has a higher volatility of 38.01% compared to Direxion Daily Semiconductor Bull 3x Shares (SOXL) at 29.04%. This indicates that YINN's price experiences larger fluctuations and is considered to be riskier than SOXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.