{"url":"https://etfiq.com/compare/leverage/soxl-vs-soxs","section":"compare","title":"SOXL vs SOXS: which held to its multiple? | ETFIQ","description":"SOXL sets out to return +3 times SOXX each day and SOXS -3 times. Over the three months to Sep 30, 2026 they finished \u221216.6 pts and \u221228.5 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, SOXL or SOXS?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, SOXL finished 16.6 points from what its multiple implies and SOXS finished 28.5 points from its own, so SOXL came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are SOXL and SOXS levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on semiconductors, SOXL at +3 times and SOXS at -3 times the daily move."}},{"@type":"Question","name":"Which one decays faster, SOXL or SOXS?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window SOXL\u2019s moved at 47% annualized and SOXS\u2019s at 47%, so SOXL has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold SOXL or SOXS for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, SOXL or SOXS?","acceptedAnswer":{"@type":"Answer","text":"SOXL charges 0.75% a year and SOXS charges 1.00%, so SOXL is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"SOXL vs SOXS","item":"https://etfiq.com/compare/leverage/soxl-vs-soxs"}]},{"@type":"WebPage","name":"SOXL vs SOXS: which held to its multiple?","description":"SOXL sets out to return +3 times SOXX each day and SOXS -3 times. Over the three months to Sep 30, 2026 they finished \u221216.6 pts and \u221228.5 pts away.","url":"https://etfiq.com/compare/leverage/soxl-vs-soxs","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, SOXL finished 4.0 points short and SOXS 3.7 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of SOXL and SOXS","description":"SOXL sets out to return +3 times SOXX each day and SOXS -3 times. Over the three months to Sep 30, 2026 they finished \u221216.6 pts and \u221228.5 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/soxl-vs-soxs","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":7115,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / SOXL vs SOXS \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n SOXL vs SOXS: which held to its multiple?\n\n Over three months against its own daily promise, SOXL finished 4.0 points short and SOXS 3.7 points over.\n Copy this for sharing \n \n Direxion Daily Semiconductor Bull 3X ETF and Direxion Daily Semiconductor Bear 3X ETF.\n\n Download as PDF \n\n \u221232.0% SOXL returned, 3 months \n \u221213.2% SOXS returned, 3 months \n \u221216.6 pts SOXL from its stated multiple \n \u221228.5 pts SOXS from its stated multiple \n\n ETFIQ Decay Resistance Score: SOXS scor","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/soxl-vs-soxs","a":{"ticker":"SOXL","name":"Direxion Daily Semiconductor Bull 3X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: SOXL returned \u221232.0% where its own daily promise gave \u221227.9%, 4.0 points short.","url":"https://etfiq.com/funds/soxl","key_facts":[{"label":"What SOXX did","value":"\u22125.1%","as_of":"2026-09-30","source":null},{"label":"What 3 times a day gives","value":"\u221227.9%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221232.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22124.0 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$23.9bn","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.75%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"SOXS","name":"Direxion Daily Semiconductor Bear 3X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: SOXS returned \u221213.2% where its own daily promise gave \u221216.8%, 3.7 points over.","url":"https://etfiq.com/funds/soxs","key_facts":[{"label":"What SOXX did","value":"\u22125.1%","as_of":"2026-09-30","source":null},{"label":"What \u22123 times a day gives","value":"\u221216.8%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221213.2%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+3.7 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$1.8bn","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.00%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/soxl-vs-soxs"}