AVNM vs SOXL
Avantis All International Markets Equity ETF vs Direxion Daily Semiconductor Bull 3X ETF
Quick Verdict
AVNM has a lower expense ratio. SOXL delivered stronger 1-year returns. SOXL offers more diversification with 43 holdings.
Side-by-Side Comparison
| Metric | AVNM | SOXL | Winner |
|---|---|---|---|
| Expense Ratio | 0.31% | 0.75% | |
| AUM | $734M | $24.3B | |
| Dividend Yield | 2.36% | 0.01% | |
| Holdings | 9 | 43 | |
| YTD Return | +16.94% | +160.48% | |
| 1Y Return | +29.23% | +336.66% | |
| 3Y Return (annualized) | +22.96% | +79.72% | |
| 5Y Return (annualized) | - | +21.58% | |
| Volatility (annualized) | 12.7% | 87.7% | |
| Max Drawdown | -14.0% | -90.5% | |
| Fund Family | Avantis Investors | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | Jun 27, 2023 | Mar 11, 2010 |
AVNM vs SOXL Performance
Avantis All International Markets Equity ETF (AVNM) is a ETF from Avantis Investors and Direxion Daily Semiconductor Bull 3X ETF (SOXL) is a ETF from Direxion Shares ETF Trust. Over the past year AVNM returned +29.23% while SOXL returned +336.66%. Year to date, AVNM is up 16.94% versus a gain of 160.48% for SOXL.
Over three years, AVNM compounded at +22.96% per year against +79.72% for SOXL. Across the full 3-year window we track, SOXL has the edge at +37.55% annualized vs +22.00%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SOXL has been the more volatile fund, with annualized monthly volatility of 87.7% compared with 12.7% for AVNM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -14.0% for AVNM and -90.5% for SOXL. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AVNM charges 0.31% per year while SOXL charges 0.75%. On a $10,000 position that is $31 vs $75 annually, a gap of $44 per year that compounds over a long holding period. On income, AVNM currently yields 2.36% against 0.01% for SOXL.
Holdings Overlap
AVNM and SOXL share 0 holdings out of 43 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AVNM or SOXL?
AVNM has an expense ratio of 0.31% while SOXL charges 0.75%. AVNM is the cheaper option. On a $10,000 investment, that is $44 per year of difference.
Which performed better, AVNM or SOXL?
Over the past year AVNM returned +29.23% vs +336.66% for SOXL, so SOXL leads on 1-year performance. Over the longest common window we track (3 years), AVNM annualized +22.00% vs +37.55% for SOXL. Past performance does not guarantee future results.
Which is riskier, AVNM or SOXL?
SOXL has been the more volatile fund at 87.7% annualized versus 12.7% for AVNM. Worst drawdown: AVNM -14.0% vs SOXL -90.5%.
Should I hold both AVNM and SOXL?
AVNM and SOXL have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVNM and SOXL?
AVNM and SOXL share 0 common holdings with a 0.0% weight overlap. Combined, they hold 43 unique securities.
Which pays a higher dividend, AVNM or SOXL?
AVNM yields 2.36% while SOXL yields 0.01%, so AVNM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.