SOXL vs SPMO

Comparison between DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES (SOXL, ETF) and INVESCO S&P 500 MOMENTUM ETF (SPMO, ETF).

5-Year PerformanceSOXL has outperformed SPMO, delivering a return of +37.6% compared to +22.3%

SOXL vs SPMO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SOXL(ETF)	SPMO(ETF)
Net Assets	$12B	$12B
Expense Ratio	N/A	0.13%
Max Drawdown	90.51%	31.31%
Sharpe Ratio	3.08	2.17
5Y Beta	5.72	1.20
P/E Ratio	58.52	33.90
Forward P/E	25.59	20.93
PEG Ratio	0.31	0.28
5Y Dividends CAGR	40.17%	9.86%
5Y EPS CAGR	N/A	32.58%
Debt to Equity	N/A	27.75%
P/S Ratio	3.81	3.87
P/B Ratio	10.21	7.05

Net Assets

SOXL

$12B

Winner

SPMO

$12B

Expense Ratio

SOXL

N/A

SPMO

0.13%

Max Drawdown

SOXL

90.51%

Winner

SPMO

31.31%

Sharpe Ratio

Winner

SOXL

3.08

SPMO

2.17

5Y Beta

SOXL

5.72

Winner

SPMO

1.20

P/E Ratio

SOXL

58.52

Winner

SPMO

33.90

Forward P/E

SOXL

25.59

Winner

SPMO

20.93

PEG Ratio

SOXL

0.31

Winner

SPMO

0.28

5Y Dividends CAGR

Winner

SOXL

40.17%

SPMO

9.86%

5Y EPS CAGR

SOXL

N/A

SPMO

32.58%

Debt to Equity

SOXL

N/A

SPMO

27.75%

P/S Ratio

Winner

SOXL

3.81

SPMO

3.87

P/B Ratio

SOXL

10.21

Winner

SPMO

7.05

SOXL vs SPMO - Holdings Comparison

SOXL and SPMO have 12 common holdings. Overlap is 25.21%

SOXL's top 25 holdings weight is 167.94%. SPMO's top 25 holdings weight is 74.52%.

Rank	SOXL	SPMO
#1	ICE SEMICONDUCTOR INDEX SWAP (n/a) - 44.70%	NVIDIA CORP (NVDA) - 9.88%
#2	DREYFUS TRSRY SECURITIES CASH MGMT (n/a) - 22.43%	BROADCOM INC (AVGO) - 7.85%
#3	CASH (n/a) - 21.21%	MICRON TECHNOLOGY INC (MU) - 6.45%
#4	DREYFUS GOVT CASH MAN INS (n/a) - 14.92%	ALPHABET INC CLASS A (GOOGL) - 5.12%
#5	JP MORGAN 100 US TRSY CAPITAL 3163 (n/a) - 9.93%	JOHNSON & JOHNSON (JNJ) - 4.51%
#6	GOLDMAN FINL SQ TRSRY INST 506 (n/a) - 5.96%	ALPHABET INC CLASS C (GOOG) - 4.08%
#7	BROADCOM INC (AVGO) - 4.41%	EXXON MOBIL CORP (XOM) - 3.33%
#8	MICRON TECHNOLOGY INC (MU) - 4.31%	LAM RESEARCH CORP (LRCX) - 3.23%
#9	NVIDIA CORP (NVDA) - 4.24%	ADVANCED MICRO DEVICES INC (AMD) - 3.00%
#10	ADVANCED MICRO DEVICES INC (AMD) - 4.24%	CATERPILLAR INC (CAT) - 2.81%
#11	MARVELL TECHNOLOGY INC (MRVL) - 3.30%	INTEL CORP (INTC) - 2.52%
#12	INTEL CORP (INTC) - 3.26%	APPLIED MATERIALS INC (AMAT) - 1.74%
#13	APPLIED MATERIALS INC (AMAT) - 2.69%	GE VERNOVA INC (GEV) - 1.73%
#14	MONOLITHIC POWER SYSTEMS INC (MPWR) - 2.33%	CISCO SYSTEMS INC (CSCO) - 1.69%
#15	TEXAS INSTRUMENTS INC (TXN) - 2.20%	GE AEROSPACE (GE) - 1.69%
#16	KLA CORP (KLAC) - 2.09%	SANDISK CORP ORDINARY SHARES (SNDK) - 1.68%
#17	TERADYNE INC (TER) - 2.09%	RTX CORP (RTX) - 1.58%
#18	ANALOG DEVICES INC (ADI) - 1.90%	WESTERN DIGITAL CORP (WDC) - 1.51%
#19	LAM RESEARCH CORP (LRCX) - 1.89%	KLA CORP (KLAC) - 1.51%
#20	QUALCOMM INC (QCOM) - 1.86%	THE GOLDMAN SACHS GROUP INC (GS) - 1.49%
#21	NXP SEMICONDUCTORS NV (NXPI) - 1.79%	AMPHENOL CORP CLASS A (APH) - 1.45%
#22	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR (TSM) - 1.69%	n/a (PLTR) - 1.45%
#23	MICROCHIP TECHNOLOGY INC (MCHP) - 1.63%	SEAGATE TECHNOLOGY HOLDINGS PLC (STX) - 1.43%
#24	ASML HOLDING NV ADR (ASML) - 1.54%	PHILIP MORRIS INTERNATIONAL INC (PM) - 1.40%
#25	ON SEMICONDUCTOR CORP (ON) - 1.33%	COCA-COLA CO (KO) - 1.39%
Total Holdings	36	102

SOXL vs SPMO - Historical Returns

Returns include dividend reinvestment.

Period	SOXL	SPMO
1 month	+162.13%	+18.50%
3 months	+176.34%	+18.70%
6 months	+323.91%	+21.96%
1 year	+1199.38%	+47.28%
5 years(CAGR)	+37.60%	+22.29%
10 years(CAGR)	+62.86%	+20.22%
Max(CAGR)	+42.15%	+19.37%

Winner

SOXL

+162.13%

SPMO

+18.50%

Winner

SOXL

+176.34%

SPMO

+18.70%

Winner

SOXL

+323.91%

SPMO

+21.96%

Winner

SOXL

+1199.38%

SPMO

+47.28%

5Y(CAGR)

Winner

SOXL

+37.60%

SPMO

+22.29%

10Y(CAGR)

Winner

SOXL

+62.86%

SPMO

+20.22%

Max(CAGR)

Winner

SOXL

+42.15%

SPMO

+19.37%

SOXL vs SPMO - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	SOXL	SPMO
2026	+274.56%	+20.51%
2025	+52.85%	+25.85%
2024	-1.84%	+47.17%
2023	+237.81%	+19.46%
2022	-86.47%	-10.46%
2021	+121.91%	+24.36%
2020	+60.01%	+27.55%
2019	+223.27%	+25.67%
2018	-43.70%	-1.19%
2017	+141.32%	+28.51%
2016	+131.06%	+7.37%
2015	-20.58%	+2.79%
2014	+104.52%	N/A
2013	+127.69%	N/A
2012	-0.07%	N/A
2011	-49.20%	N/A
2010	+26.18%	N/A

SOXL vs SPMO Drawdown Comparison

The maximum drawdown for SOXL was -90.46%, occurring on Oct 14, 2022. Recovery took 1044 trading sessions.

The maximum drawdown for SPMO was -30.93%, occurring on Mar 23, 2020. Recovery took 97 trading sessions.

Rank	SOXL	SPMO
#1	-90.46% Dec 27, 2021 - Feb 25, 2026	-30.93% Feb 19, 2020 - Jul 8, 2020
#2	-80.38% Feb 19, 2020 - Nov 5, 2020	-23.38% Oct 1, 2018 - Jun 19, 2019
#3	-72.61% Feb 17, 2011 - Feb 13, 2014	-22.75% Jan 4, 2022 - Dec 13, 2023
#4	-66.51% Mar 12, 2018 - Apr 24, 2019	-20.13% Feb 13, 2025 - May 13, 2025
#5	-62.93% Jun 1, 2015 - Aug 19, 2016	-13.16% Jul 10, 2024 - Oct 4, 2024
#6	-60.56% Apr 26, 2010 - Jan 7, 2011	-12.70% Oct 29, 2025 - Apr 13, 2026
#7	-47.16% Apr 24, 2019 - Jul 24, 2019	-11.03% Nov 25, 2015 - Jul 25, 2016
#8	-43.47% Feb 25, 2026 - Apr 9, 2026	-10.67% Feb 12, 2021 - Apr 9, 2021
#9	-43.28% Sep 18, 2014 - Nov 24, 2014	-9.50% Mar 12, 2018 - Jun 4, 2018
#10	-40.92% Feb 16, 2021 - Aug 4, 2021	-8.97% Jan 26, 2018 - Mar 9, 2018
#11	-34.75% Jan 23, 2018 - Mar 9, 2018	-8.93% Sep 2, 2020 - Oct 12, 2020
#12	-33.19% Jul 24, 2019 - Oct 28, 2019	-8.79% Oct 13, 2020 - Nov 6, 2020
#13	-28.90% Jun 8, 2017 - Sep 18, 2017	-8.00% Apr 16, 2021 - Jun 22, 2021
#14	-24.56% Sep 16, 2021 - Nov 1, 2021	-7.45% Mar 22, 2024 - May 15, 2024
#15	-23.82% Nov 24, 2017 - Jan 17, 2018	-5.91% Jul 15, 2019 - Dec 16, 2019

Correlation

Correlation between SOXL and SPMO is 0.72 which considered as a strong positive correlation - the stocks tend to move together.

0.72

-101

Dividend Comparison (2010 - 2026)

SOXL vs SPMO dividend yield comparison.

Year	SOXL	SPMO
2026	0.00%	0.22%
2025	0.34%	0.73%
2024	1.18%	0.48%
2023	0.51%	1.63%
2022	1.07%	1.66%
2021	0.04%	0.52%
2020	0.05%	1.27%
2019	0.38%	1.39%
2018	1.30%	1.05%
2017	0.09%	0.77%
2016	4.84%	1.94%
2015	0.00%	0.36%
2014	0.00%	0.00%
2010	0.01%	0.00%