Skip to content
etf.net

SOXL vs UTSL

Direxion Daily Semiconductor Bull 3X ETF

SOXLANYSE Arca

Direxion Daily Utilities Bull 3X ETF

UTSLCNYSE Arca

Overlap

Expense ratio

SOXL −0.22pt a year

SOXL0.75%UTSL0.97%

Avg volume · 30D

SOXL 369.7×the volume

SOXL70.7MUTSL191K

5Y return · a year

SOXL +5.2pt

SOXL+10.8%UTSL+5.6%

SOXL vs UTSL Performance

Oct 29, 2021 – Oct 30, 2026

+66.7%SOXL+31.3%UTSL

Oct 29, 2021 to Oct 30, 2026. SOXL +66.7%. UTSL +31.3%. Use the arrow keys to read each point.−100%200%300%400%500%Oct 2021Apr 2024Oct 2026
Expense ratio
SOXL 0.75%, better
UTSL 0.97%
Fund size
SOXL $24.3B
UTSL $69M
1Y total return
SOXL +61.4%, better
UTSL −15.6%
Yield (12M)
SOXL 0.12%
UTSL 2.41%, better
Holdings
SOXL 43
UTSL 39
Avg volume (30D)
SOXL 70.7M sh, better
UTSL 191K sh
NAV per share
SOXL $102.45
UTSL $37.49
52W range

ETF.net Grade

SOXL: Cost 100, Risk 32, Mission not scored, Tradability 79, Holdings not scored, Durability 69. UTSL: Cost 38, Risk 53, Mission not scored, Tradability 60, Holdings not scored, Durability 37.
Pillar letters and Scores for SOXL, UTSL, with each pillar’s weight
PillarSOXLUTSL
Cost30% weightA100HigherD38
Mission25% weightNot scoredNot scored
Risk15% weightD32C53Higher
Tradability15% weightA79HigherB60
Holdings10% weightNot scoredNot scored
Durability5% weightB69HigherD37

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 UTSL 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 UTSL 15th of 30 funds in the 3x Leveraged Long Category.

  1. Rank 1ATQQQProShares UltraPro QQQScore 86
  2. Rank 2AUDOWProShares UltraPro Dow30Score 81
  3. Rank 3AFASDirexion Daily Financial Bull 3X ETFScore 80
  4. Rank 4ASOXLDirexion Daily Semiconductor Bull 3X ETFScore 76
  5. Rank 5ATMFDirexion Daily 20+ Year Treasury Bull 3X ETFScore 74
  6. Rank 14CWEBLDirexion Daily Dow Jones Internet Bull 3X SharesScore 47
  7. Rank 15CUTSLDirexion Daily Utilities Bull 3X ETFScore 46
  8. Rank 16CDUSLDirexion Daily Industrials Bull 3X ETFScore 45

Our read on each fund

ETF.net Research

SOXLADirexion Daily Semiconductor Bull 3X ETF

UTSLCDirexion Daily Utilities Bull 3X ETF

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.

UTSL Triple-leveraged exposure pointed at the market's sleepiest sector: UTSL seeks 300% of the Utilities Select Sector Index's daily move, reset every day. 0.97% net of a waiver through September 1, 2027.

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.

UTSL The fund seeks daily investment results, before fees and expenses, equal to 300% of the performance of the Utilities Select Sector Index.

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.
  • UTSL Most 3x funds point at tech, banks or broad indexes. This one aims at electric and multi-utility names, seeking 300% of the Utilities Select Sector Index's daily move.direxion.com
  • Trading since 2017, a long run for a single-sector 3x fund, built on the S&P Dow Jones utilities benchmark and its roughly 40 large power and gas names.direxion.com
  • 0.97% net of a waiver through September 1, 2027 (0.98% gross) sits near the median for 3x funds, so the niche mandate carries no surcharge.

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
  • UTSL Leverage resets daily. Over any stretch longer than a day the result depends on the path utilities take, and choppy markets can leave it short of 3x the index move.direxion.com
  • A smaller, moderately traded fund next to headline 3x names like TQQQ and SOXL, so spreads and order size deserve a look before trading.
  • Cheaper gearing exists in the same lineup: SOXL charges 0.75% net of a waiver through September 1, 2027, pointed at semiconductors rather than utilities.

Full SOXL profile⁠

Full UTSL profile⁠

SOXL vs UTSL 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 UTSL Cost

Overpaying UTSL vs SOXL

$3,716

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

  • SOXL 0.75%

    $14,482

  • UTSL 0.97%

    $18,198

$10,000
30 years

Cost over time

  • SOXL 0.75%
  • UTSL 0.97%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530UTSL $18,198SOXL $14,482

Year by year

YearSOXLUTSLOverpaying
10$1,336$1,712$376
20$5,078$6,443$1,365
30$14,482$18,198$3,716

Expense ratio

  • 0.75%SOXL, cheaper
  • 0.97%UTSL
  • Middle half of 3x Leveraged Long funds
  • Median 0.96%

SOXL cheapest of 30 funds

UTSL 16th cheapest of 30 funds

SOXL vs UTSL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
SOXL 0.12%
UTSL 2.41%, better
Payout (12M)
SOXL $0.09
UTSL $0.92
Last payment
SOXL $0.09
UTSL $0.40
Ex-dividend
SOXL Sep 22, 2026
UTSL Sep 22, 2026
Paid on
SOXL Sep 29, 2026
UTSL Sep 29, 2026
Frequency
SOXL Annual
UTSL 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$12017202020232026YTD
UTSLQuarterly · 37 paymentsAll UTSL payments⁠
One bar per payment. 37 payments from 2017 to 2026 YTD. Dec 19, 2017 $0.16; Mar 20, 2018 $0.11; Jun 19, 2018 $0.13; Sep 25, 2018 $0.15; Mar 19, 2019 $0.34; Jun 25, 2019 $0.18; Sep 24, 2019 $0.18; Dec 12, 2019 $1.34; Dec 23, 2019 $0.24; Mar 24, 2020 $0.15; Jun 23, 2020 $0.06; Sep 22, 2020 $0.07; Dec 22, 2020 $0.10; Mar 23, 2021 $0.09; Jun 22, 2021 $0.09; Sep 21, 2021 $0.08; Dec 9, 2021 $0.08; Dec 21, 2021 $0.13; Mar 22, 2022 $0.09; Jun 22, 2022 $0.13; Sep 20, 2022 $0.16; Dec 20, 2022 $0.02; Mar 21, 2023 $0.31; Jun 21, 2023 $0.12; Sep 19, 2023 $0.14; Dec 21, 2023 $0.19; Mar 19, 2024 $0.15; Jun 25, 2024 $0.18; Sep 24, 2024 $0.09; Dec 23, 2024 $0.10; Mar 25, 2025 $0.21; Jun 24, 2025 $0.16; Sep 23, 2025 $0.18; Dec 23, 2025 $0.14; Mar 24, 2026 $0.26; Jun 23, 2026 $0.13; Sep 22, 2026 $0.40. Use the arrow keys to read each point.$0$12017202020232026YTD

SOXL vs UTSL Risk

Fall from peak · 5 years

  • SOXL
  • UTSL
Oct 29, 2021 to Oct 30, 2026. Worst fall: SOXL −90.5% · Oct 2022. Use the arrow keys to read each point.−100%−75%−50%−25%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
SOXL 137.2%UTSL 48.3%, better
Return per unit of riskSharpe ratio, 3 years
SOXL 0.90, betterUTSL 0.71
Worst fallMax drawdown, 5 years
SOXL −90.5%UTSL −68.0%, better
Market sensitivityBeta, 5 years
SOXL 7.64UTSL 1.20

Popular comparisons

  • SOXLAvsTQQQA

    Direxion Daily Semiconductor Bull 3X ETF · ProShares UltraPro QQQ

    Expense ratio
    0.75% · 0.78%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UTSLCvsTQQQA

    Direxion Daily Utilities Bull 3X ETF · ProShares UltraPro QQQ

    Expense ratio
    0.97% · 0.78%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SOXLAvsUDOWA

    Direxion Daily Semiconductor Bull 3X ETF · ProShares UltraPro Dow30

    Expense ratio
    0.75% · 0.94%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UTSLCvsUDOWA

    Direxion Daily Utilities Bull 3X ETF · ProShares UltraPro Dow30

    Expense ratio
    0.97% · 0.94%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SOXLAvsFASA

    Direxion Daily Semiconductor Bull 3X ETF · Direxion Daily Financial Bull 3X ETF

    Expense ratio
    0.75% · 0.88%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • UTSLCvsFASA

    Direxion Daily Utilities Bull 3X ETF · Direxion Daily Financial Bull 3X ETF

    Expense ratio
    0.97% · 0.88%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.