Better High-Return ETF: SOXL vs. SPXL

2 hours ago 2

Robert Izquierdo, The Motley Fool

Sat, December 27, 2025 astatine 2:25 PM CST 5 min read

SOXL delivered a overmuch higher one-year instrumentality but besides experienced a dramatically deeper five-year drawdown than SPXL.
Both funds complaint astir identical disbursal ratios and reset their 3x leverage daily, amplifying some gains and losses.
SOXL is concentrated wholly successful exertion semiconductors, portion SPXL tracks the afloat S&P 500 with broader diversification.
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The astir notable differences betwixt the Direxion Daily S&P 500 Bull 3X Shares ETF (NYSEMKT:SPXL) and the Direxion Daily Semiconductor Bull 3X Shares ETF (NYSEMKT:SOXL) are assemblage concentration, hazard profile, and five-year show swings, with SOXL offering much volatility and a heavier tech tilt.

Both Direxion Daily S&P 500 Bull 3X Shares (SPXL) and Direxion Daily Semiconductor Bull 3X Shares (SOXL) are leveraged exchange-traded funds designed for traders seeking amplified regular moves. SPXL tracks the S&P 500 (SNPINDEX:^GSPC), portion SOXL targets the semiconductor industry.

This examination highlights their cost, caller returns, risk, liquidity, and portfolio constitution to assistance investors determine which attack whitethorn entreaty for a tactical bet.

Metric

SPXL

SOXL

Issuer	Direxion	Direxion
Expense ratio	0.87%	0.75%
1-yr instrumentality (as of Dec. 18, 2025)	27.2%	38.6%
Dividend yield	0.8%	0.5%
AUM	$6.0 billion	$13.9 billion

Beta measures terms volatility comparative to the S&P 500; beta is calculated from five-year play returns. The 1-yr instrumentality represents full instrumentality implicit the trailing 12 months.

SPXL has a 0.87% yearly disbursal ratio, and SOXL has a 0.75% disbursal ratio, making them likewise priced for leveraged funds. SPXL offers a somewhat higher dividend yield, portion SOXL pays a spot less, reflecting the income illustration of their underlying holdings.

Metric

SPXL

SOXL

Max drawdown (5 y)	(63.84%)	(90.51%)
Growth of $1,000 implicit 5 years	$3,078	$1,280

SOXL is simply a pure-play stake connected the semiconductor sector, with 100% of assets successful exertion and conscionable 44 holdings. Its largest positions see Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), and Nvidia (NASDAQ:NVDA). The money has operated for astir 16 years and resets its 3x leverage daily, which tin pb to show drift implicit time, particularly successful volatile markets.

SPXL spreads its vulnerability crossed the full S&P 500, providing broader assemblage diversification — exertion makes up 36%, with fiscal services and user cyclicals besides featuring prominently. Its apical holdings are Nvidia, Apple (NASDAQ:AAPL), and Microsoft (NASDAQ:MSFT). Like SOXL, it employs regular leverage resets, which tin amplify some gains and losses if held longer than a day.