SOXS vs SPY

Comparison between Direxion Daily Semiconductor Bear 3X Shares (SOXS, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed SOXS, delivering a return of +13.8% compared to -78.6%

SOXS vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SOXS(ETF)	SPY(ETF)
Net Assets	$1.80B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	100.00%	56.47%
Sharpe Ratio	-3.17	2.03
5Y Beta	0.00	1.00
P/E Ratio	N/A	28.55
Forward P/E	N/A	22.00
5Y Dividends CAGR	-64.69%	5.43%
5Y EPS CAGR	N/A	25.29%
Debt to Equity	N/A	22.22%
P/S Ratio	N/A	3.63
P/B Ratio	N/A	5.45

Net Assets

SOXS

$1.80B

Winner

SPY

$735B

Expense Ratio

SOXS

N/A

SPY

0.09%

Max Drawdown

SOXS

100.00%

Winner

SPY

56.47%

Sharpe Ratio

SOXS

-3.17

Winner

SPY

2.03

5Y Beta

Winner

SOXS

0.00

SPY

1.00

P/E Ratio

SOXS

N/A

SPY

28.55

Forward P/E

SOXS

N/A

SPY

22.00

5Y Dividends CAGR

SOXS

-64.69%

Winner

SPY

5.43%

5Y EPS CAGR

SOXS

N/A

SPY

25.29%

Debt to Equity

SOXS

N/A

SPY

22.22%

P/S Ratio

SOXS

N/A

SPY

3.63

P/B Ratio

SOXS

N/A

SPY

5.45

SOXS vs SPY - Holdings Comparison

SOXS and SPY have 0 common holdings. Overlap is 0.00%

SOXS's top 25 holdings weight is 66.35%. SPY's top 25 holdings weight is 51.71%.

Rank	SOXS	SPY
#1	GOLDMAN SACHS FS TREASURY INTMS INSTL (FTIXX) - 66.35%	NVIDIA CORP (NVDA) - 7.68%
#2	N/A	APPLE INC (AAPL) - 6.71%
#3	N/A	MICROSOFT CORP (MSFT) - 4.91%
#4	N/A	AMAZON.COM INC (AMZN) - 4.30%
#5	N/A	ALPHABET INC CLASS A (GOOGL) - 3.64%
#6	N/A	BROADCOM INC (AVGO) - 3.26%
#7	N/A	ALPHABET INC CLASS C (GOOG) - 2.89%
#8	N/A	META PLATFORMS INC CLASS A (META) - 2.13%
#9	N/A	TESLA INC (TSLA) - 1.76%
#10	N/A	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.37%
#11	N/A	JPMORGAN CHASE & CO (JPM) - 1.34%
#12	N/A	ELI LILLY AND CO (LLY) - 1.26%
#13	N/A	MICRON TECHNOLOGY INC (MU) - 1.16%
#14	N/A	EXXON MOBIL CORP (XOM) - 1.04%
#15	N/A	ADVANCED MICRO DEVICES INC (AMD) - 0.93%
#16	N/A	WALMART INC (WMT) - 0.92%
#17	N/A	VISA INC CLASS A (V) - 0.87%
#18	N/A	JOHNSON & JOHNSON (JNJ) - 0.87%
#19	N/A	INTEL CORP (INTC) - 0.82%
#20	N/A	COSTCO WHOLESALE CORP (COST) - 0.73%
#21	N/A	CATERPILLAR INC (CAT) - 0.68%
#22	N/A	MASTERCARD INC CLASS A (MA) - 0.65%
#23	N/A	NETFLIX INC (NFLX) - 0.60%
#24	N/A	CISCO SYSTEMS INC (CSCO) - 0.60%
#25	N/A	ABBVIE INC (ABBV) - 0.59%
Total Holdings	1	505

SOXS vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	SOXS	SPY
1 month	-65.39%	+8.81%
3 months	-75.41%	+7.14%
6 months	-88.46%	+8.86%
1 year	-96.60%	+28.27%
5 years(CAGR)	-78.64%	+13.84%
10 years(CAGR)	-78.48%	+15.48%
Max(CAGR)	-70.52%	+8.50%

SOXS

-65.39%

Winner

SPY

+8.81%

SOXS

-75.41%

Winner

SPY

+7.14%

SOXS

-88.46%

Winner

SPY

+8.86%

SOXS

-96.60%

Winner

SPY

+28.27%

5Y(CAGR)

SOXS

-78.64%

Winner

SPY

+13.84%

10Y(CAGR)

SOXS

-78.48%

Winner

SPY

+15.48%

Max(CAGR)

SOXS

-70.52%

Winner

SPY

+8.50%

SOXS vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SOXS	SPY
2026	-84.98%	+8.52%
2025	-85.29%	+18.00%
2024	-63.31%	+25.59%
2023	-85.08%	+26.72%
2022	+22.94%	-18.64%
2021	-81.18%	+30.52%
2020	-92.42%	+17.28%
2019	-83.37%	+31.09%
2018	-12.21%	-5.24%
2017	-69.30%	+20.78%
2016	-74.03%	+13.59%
2015	-25.17%	+1.31%
2014	-65.79%	+14.56%
2013	-67.79%	+29.00%
2012	-39.67%	+14.17%
2011	-24.71%	+0.85%
2010	-59.45%	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

SOXS vs SPY 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 SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current SOXS drawdown is -100.00%.

Rank	SOXS	SPY
#1	-100.00% Aug 31, 2010 - May 11, 2026	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-37.46% Mar 15, 2010 - Aug 31, 2010	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	N/A	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	N/A	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	N/A	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	N/A	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	N/A	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	N/A	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	N/A	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	N/A	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	N/A	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	N/A	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	N/A	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	N/A	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	N/A	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between SOXS and SPY is -0.47 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.47

-101

Dividend Comparison (1999 - 2026)

SOXS vs SPY dividend yield comparison.

Year	SOXS	SPY
2026	3.54%	0.24%
2025	10.80%	1.07%
2024	5.45%	1.21%
2023	9.22%	1.40%
2022	0.19%	1.65%
2021	0.00%	1.20%
2020	3.58%	1.52%
2019	2.30%	1.75%
2018	0.76%	2.04%
2017	0.00%	1.80%
2016	0.00%	2.03%
2015	0.00%	2.06%
2014	0.00%	1.87%
2013	0.00%	1.81%
2012	0.00%	2.18%
2011	1.31%	2.05%
2010	4.56%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%