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SOXL vs URTY

Direxion Daily Semiconductor Bull 3X ETF

SOXLANYSE Arca

ProShares UltraPro Russell2000

URTYBNYSE Arca

Overlap

Expense ratio

SOXL −0.20pt a year

SOXL0.75%URTY0.95%

Avg volume · 30D

SOXL 182.6×the volume

SOXL72.8MURTY398K

10Y return · a year

SOXL +31.5pt

SOXL+38.4%URTY+6.9%

SOXL vs URTY Performance

Nov 4, 2021 – Nov 4, 2026

+16.3%SOXL−42.4%URTY

Nov 4, 2021 to Nov 4, 2026. SOXL +16.3%. URTY −42.4%. Use the arrow keys to read each point.−100%100%200%300%400%Nov 2021May 2024Nov 2026
Expense ratio
SOXL 0.75%, better
URTY 0.95%
Fund size
SOXL $19.9B
URTY $292M
1Y total return
SOXL +55.9%, better
URTY +38.3%
Yield (12M)
SOXL 0.14%
URTY 0.90%, better
Holdings
SOXL 44
URTY 1966
Avg volume (30D)
SOXL 72.8M sh, better
URTY 398K sh
NAV per share
SOXL $77.06
URTY $70.28
52W range

ETF.net Grade

SOXL: Cost 100, Risk 32, Mission not scored, Tradability 80, Holdings not scored, Durability 69. URTY: Cost 62, Risk 57, Mission 83, Tradability 73, Holdings 55, Durability 64.
Pillar letters and Scores for SOXL, URTY, with each pillar’s weight
PillarSOXLURTY
Cost30% weightA100HigherB62
Mission25% weightNot scoredA83
Risk15% weightD32B57Higher
Tradability15% weightA80HigherA73
Holdings10% weightNot scoredB55
Durability5% weightB69HigherB64

Rank among 3x Leveraged Long funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. SOXL and URTY are both graded against the same 30 3x Leveraged Long funds, so their Grades compare head to head.

3x Leveraged Long⁠

Category · 30 funds
See all 30 ›

SOXL ranks 4th and URTY 9th of 30 funds in the 3x Leveraged Long Category.

  1. Rank 1ATQQQProShares UltraPro QQQScore 86
  2. Rank 2AFASDirexion Daily Financial Bull 3X ETFScore 80
  3. Rank 2AUDOWProShares UltraPro Dow30Score 80
  4. Rank 4ASOXLDirexion Daily Semiconductor Bull 3X ETFScore 77
  5. Rank 5ATMFDirexion Daily 20+ Year Treasury Bull 3X ETFScore 74
  6. Rank 7BDPSTDirexion Daily Regional Banks Bull 3X ETFScore 69
  7. Rank 9BURTYProShares UltraPro Russell2000Score 63
  8. Rank 10BUMDDProShares UltraPro MidCap 400Score 56

Our read on each fund

ETF.net Research

SOXLADirexion Daily Semiconductor Bull 3X ETF

URTYBProShares UltraPro Russell2000

In short

SOXL A 3x bet on chip stocks that resets every single day. Direxion launched it in 2010, long before AI made semiconductors the market's main event, and it is now one of the most heavily traded leveraged funds out there.

URTY The quieter way to put 3x daily torque on the Russell 2000. ProShares has run URTY since 2010 at 0.95% net of a waiver through September 30, 2027, under the fee on the better-known 3x small-cap rival.

Stated mandate

SOXL It is designed to deliver a daily result three times the performance of the NYSE Semiconductor Index, before fees and expenses, with the objective applying for a single day.

URTY URTY seeks daily investment results, before fees and expenses, corresponding to three times the daily performance of the Russell 2000 Index. Because the objective is daily, returns over periods longer than one day may differ materially from the target.

Why people hold it

  • SOXL Cheap for the aisle it sits in: 0.75% net of a waiver through September 1, 2027 (0.91% gross), below the category median and under TQQQ's 0.78% net of a waiver through September 30, 2027.
  • The mandate is mechanical: 300% of the NYSE Semiconductor Index's daily move, before fees and expenses, across roughly 40 chip names. No stock picking, no manager discretion.direxion.com
  • A multi-billion-dollar fund that trades very actively, which matters for an instrument designed to be entered and exited inside a single session.
  • Trading since 2010, through several full chip cycles. That is a long run for a 3x product, and one of the stronger setups in its leveraged peer group.
  • URTY The mandate is literal: three times the Russell 2000's daily move, before fees, reset every evening. No forecast, no discretion, one trading day at a time.proshares.com
  • 0.95% net of a waiver through September 30, 2027 (1.13% gross), near the norm for 3x bull funds and under TNA, whose 1.05% is itself waived through September 1, 2027.
  • Running since 2010, it has stayed close to its stated daily multiple and stands in the upper half of the 3x long funds we grade.
  • The reference exposure is roughly 2,000 US small caps, not a handful of names, and the fund distributes quarterly.

Worth knowing

  • SOXL The 3x target applies to one day only. Daily reset plus compounding means multi-day results can diverge sharply from 3x the index, and choppy markets erode value.direxion.com
  • Semiconductors already swing hard. Tripling the daily move magnifies down days exactly as much as up days, so losses can pile up fast.
  • Roughly 40 stocks in a single US industry. No diversification cushion here, and the index itself has been renamed once (to the NYSE Semiconductor Index in 2023).sec.gov
  • URTY The reset is daily. Hold longer, especially through choppy tape, and results over that stretch can differ materially from 3x the index.
  • Small-cap swings land tripled in both directions, and a deep drawdown takes an outsized move to climb back from.
  • Trading is moderate for the category rather than heavyweight, so bid-ask spreads are worth a look.

Full SOXL profile⁠

Full URTY profile⁠

SOXL vs URTY Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

SOXL vs URTY Cost

Overpaying URTY vs SOXL

$3,387

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SOXL 0.75%

    $14,482

  • URTY 0.95%

    $17,869

$10,000
30 years

Cost over time

  • SOXL 0.75%
  • URTY 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530URTY $17,869SOXL $14,482

Year by year

YearSOXLURTYOverpaying
10$1,336$1,678$342
20$5,078$6,322$1,244
30$14,482$17,869$3,387

Expense ratio

  • 0.75%SOXL, cheaper
  • 0.95%URTY
  • Middle half of 3x Leveraged Long funds
  • Median 0.96%

SOXL cheapest of 30 funds

URTY 9th cheapest of 30 funds

SOXL vs URTY Dividends

Last 12 months to Nov 4, 2026
Yield (12M)
SOXL 0.14%
URTY 0.90%, better
Payout (12M)
SOXL $0.09
URTY $0.63
Last payment
SOXL $0.09
URTY $0.18
Ex-dividend
SOXL Sep 22, 2026
URTY Sep 23, 2026
Paid on
SOXL Sep 29, 2026
URTY Sep 29, 2026
Frequency
SOXL Annual
URTY Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SOXLAnnual · 29 paymentsAll SOXL payments⁠
One bar per payment. 29 payments from 2017 to 2026 YTD. Dec 19, 2017 $0.0081; Jun 19, 2018 $0.02; Sep 25, 2018 $0.03; Dec 27, 2018 $0.02; Mar 19, 2019 $0.02; Jun 25, 2019 $0.01; Sep 24, 2019 $0.02; Dec 23, 2019 $0.02; Mar 24, 2020 $0.0053; Jun 23, 2020 $0.0063; Dec 22, 2020 $0.0034; Mar 23, 2021 $0.02; Dec 21, 2021 $0.01; Mar 22, 2022 $0.0072; Jun 22, 2022 $0.02; Sep 20, 2022 $0.04; Dec 20, 2022 $0.04; Mar 21, 2023 $0.03; Jun 21, 2023 $0.04; Sep 19, 2023 $0.03; Dec 21, 2023 $0.06; Mar 19, 2024 $0.04; Jun 25, 2024 $0.15; Sep 24, 2024 $0.06; Dec 23, 2024 $0.08; Mar 25, 2025 $0.06; Jun 24, 2025 $0.07; Sep 23, 2025 $0.01; Sep 22, 2026 $0.09. Use the arrow keys to read each point.$0$0.252017202020232026YTD
URTYQuarterly · 19 paymentsAll URTY payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Dec 26, 2018 $0.14; Mar 20, 2019 $0.04; Dec 24, 2019 $0.12; Dec 23, 2020 $0.0027; Dec 22, 2022 $0.11; Mar 22, 2023 $0.05; Jun 21, 2023 $0.08; Sep 20, 2023 $0.04; Dec 20, 2023 $0.08; Jun 26, 2024 $0.14; Sep 25, 2024 $0.19; Dec 23, 2024 $0.25; Mar 26, 2025 $0.13; Jun 25, 2025 $0.04; Sep 24, 2025 $0.18; Dec 24, 2025 $0.19; Mar 25, 2026 $0.09; Jun 24, 2026 $0.17; Sep 23, 2026 $0.18. Use the arrow keys to read each point.$0$0.252017202020232026YTD

SOXL vs URTY Risk

Fall from peak · 5 years

  • SOXL
  • URTY
Nov 4, 2021 to Nov 4, 2026. Worst fall: SOXL −90.5% · Oct 2022. Use the arrow keys to read each point.−100%−75%−50%−25%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
SOXL 137.2%URTY 58.4%, better
Return per unit of riskSharpe ratio, 3 years
SOXL 0.90, betterURTY 0.74
Worst fallMax drawdown, 5 years
SOXL −90.5%URTY −82.7%, better
Market sensitivityBeta, 5 years
SOXL 7.64URTY 3.83

SOXL and URTY in the news

All news⁠

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