SOXS vs BITO

Comparison between Direxion Daily Semiconductor Bear 3X Shares (SOXS, ETF) and PROSHARES BITCOIN STRATEGY ETF (BITO, ETF).

5-Year PerformanceBITO has outperformed SOXS, delivering a return of +0.0% compared to -78.6%

SOXS vs BITO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SOXS(ETF)	BITO(ETF)
Net Assets	$1.80B	$1.90B
Expense Ratio	N/A	0.95%
Max Drawdown	100.00%	79.69%
Sharpe Ratio	-3.17	-0.45
5Y Beta	0.00	1.28
5Y Dividends CAGR	-64.69%	N/A

Net Assets

SOXS

$1.80B

Winner

BITO

$1.90B

Expense Ratio

SOXS

N/A

BITO

0.95%

Max Drawdown

SOXS

100.00%

Winner

BITO

79.69%

Sharpe Ratio

SOXS

-3.17

Winner

BITO

-0.45

5Y Beta

Winner

SOXS

0.00

BITO

1.28

5Y Dividends CAGR

SOXS

-64.69%

BITO

N/A

SOXS vs BITO - Historical Returns

Returns include dividend reinvestment.

Period	SOXS	BITO
1 month	-65.39%	+11.49%
3 months	-75.41%	+20.35%
6 months	-88.46%	-21.28%
1 year	-96.60%	-22.44%
5 years(CAGR)	-78.64%	+0.00%
10 years(CAGR)	-78.48%	N/A
Max(CAGR)	-70.52%	+0.00%

SOXS

-65.39%

Winner

BITO

+11.49%

SOXS

-75.41%

Winner

BITO

+20.35%

SOXS

-88.46%

Winner

BITO

-21.28%

SOXS

-96.60%

Winner

BITO

-22.44%

5Y(CAGR)

SOXS

-78.64%

Winner

BITO

+0.00%

10Y(CAGR)

SOXS

-78.48%

BITO

N/A

Max(CAGR)

SOXS

-70.52%

Winner

BITO

+0.00%

SOXS vs BITO - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	SOXS	BITO
2026	-84.98%	-9.78%
2025	-85.29%	-14.44%
2024	-63.31%	+92.27%
2023	-85.08%	+135.98%
2022	+22.94%	-63.97%
2021	-81.18%	-31.09%
2020	-92.42%	N/A
2019	-83.37%	N/A
2018	-12.21%	N/A
2017	-69.30%	N/A
2016	-74.03%	N/A
2015	-25.17%	N/A
2014	-65.79%	N/A
2013	-67.79%	N/A
2012	-39.67%	N/A
2011	-24.71%	N/A
2010	-59.45%	N/A

SOXS vs BITO Drawdown Comparison

The maximum drawdown for SOXS was -100.00%, occurring on May 11, 2026. This drawdown has not yet recovered.

The maximum drawdown for BITO was -77.86%, occurring on Nov 21, 2022. Recovery took 755 trading sessions.

The current SOXS drawdown is -100.00%. The current BITO drawdown is -35.86%.

Rank	SOXS	BITO
#1	-100.00% Aug 31, 2010 - May 11, 2026	-77.86% Nov 9, 2021 - Nov 11, 2024
#2	-37.46% Mar 15, 2010 - Aug 31, 2010	-49.79% Oct 6, 2025 - Feb 5, 2026
#3	N/A	-29.78% Dec 17, 2024 - May 22, 2025
#4	N/A	-12.26% Aug 13, 2025 - Oct 6, 2025
#5	N/A	-12.06% Oct 20, 2021 - Nov 9, 2021
#6	N/A	-8.65% May 22, 2025 - Jul 10, 2025
#7	N/A	-8.58% Nov 22, 2024 - Dec 6, 2024
#8	N/A	-5.82% Jul 14, 2025 - Aug 13, 2025
#9	N/A	-5.40% Dec 6, 2024 - Dec 16, 2024
#10	N/A	-2.52% Nov 12, 2024 - Nov 15, 2024

Correlation

Correlation between SOXS and BITO is -0.61 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.61

-101