SOXS vs EVLN

Comparison between Direxion Daily Semiconductor Bear 3X ETF (SOXS, ETF) and Eaton Vance Floating-Rate ETF (EVLN, ETF).

SOXS vs EVLN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SOXS(ETF)	EVLN(ETF)
Net Assets	$1.40B	$1.40B
Expense Ratio	N/A	0.60%
Max Drawdown	100.00%	5.27%
Sharpe Ratio	-2.03	0.29
5Y Beta	0.00	0.09

Net Assets

SOXS

$1.40B

EVLN

$1.40B

Expense Ratio

SOXS

N/A

EVLN

0.60%

Max Drawdown

SOXS

100.00%

Winner

EVLN

5.27%

Sharpe Ratio

SOXS

-2.03

Winner

EVLN

0.29

5Y Beta

Winner

SOXS

0.00

EVLN

0.09

SOXS vs EVLN - Historical Returns

Returns include dividend reinvestment.

Period	SOXS	EVLN
1 month	-12.33%	+0.65%
3 months	-59.93%	+1.39%
6 months	-88.56%	+2.64%
1 year	-97.14%	+4.43%
5 years(CAGR)	-79.28%	N/A
10 years(CAGR)	-78.48%	N/A
Max(CAGR)	-71.17%	+6.12%

SOXS

-12.33%

Winner

EVLN

+0.65%

SOXS

-59.93%

Winner

EVLN

+1.39%

SOXS

-88.56%

Winner

EVLN

+2.64%

SOXS

-97.14%

Winner

EVLN

+4.43%

5Y(CAGR)

SOXS

-79.28%

EVLN

N/A

10Y(CAGR)

SOXS

-78.48%

EVLN

N/A

Max(CAGR)

SOXS

-71.17%

Winner

EVLN

+6.12%

SOXS vs EVLN - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	SOXS	EVLN
2026	-92.22%	+2.46%
2025	-85.29%	+5.58%
2024	-63.31%	+7.28%
2023	-85.08%	N/A
2022	+22.94%	N/A
2021	-81.18%	N/A
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 EVLN Drawdown Comparison

The maximum drawdown for SOXS was -100.00%, occurring on Jun 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for EVLN was -2.78%, occurring on Apr 7, 2025. Recovery took 54 trading sessions.

The current SOXS drawdown is -100.00%.

Rank	SOXS	EVLN
#1	-100.00% Aug 31, 2010 - Jun 30, 2026	-2.78% Feb 19, 2025 - May 7, 2025
#2	-37.46% Mar 15, 2010 - Aug 31, 2010	-1.77% Jan 22, 2026 - Apr 22, 2026
#3	N/A	-0.61% Jul 19, 2024 - Aug 14, 2024
#4	N/A	-0.50% Sep 24, 2025 - Oct 24, 2025
#5	N/A	-0.39% Jun 18, 2026 - Jul 6, 2026
#6	N/A	-0.35% Jul 18, 2025 - Aug 25, 2025
#7	N/A	-0.35% Jul 20, 2026 - Aug 4, 2026
#8	N/A	-0.34% Sep 24, 2024 - Sep 30, 2024
#9	N/A	-0.34% Dec 13, 2024 - Dec 30, 2024
#10	N/A	-0.25% Jun 4, 2026 - Jun 16, 2026
#11	N/A	-0.24% Sep 19, 2024 - Sep 24, 2024
#12	N/A	-0.22% May 19, 2025 - May 28, 2025
#13	N/A	-0.22% Apr 24, 2026 - May 1, 2026
#14	N/A	-0.20% Jul 8, 2026 - Jul 15, 2026
#15	N/A	-0.17% Aug 29, 2024 - Sep 9, 2024

Correlation

Correlation between SOXS and EVLN is -0.94 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.94

-101