FLGV vs SOXL
Franklin US Treasury Bond ETF vs Direxion Daily Semiconductor Bull 3X ETF
Quick Verdict
FLGV has a lower expense ratio. SOXL delivered stronger 1-year returns. FLGV offers more diversification with 51 holdings.
Side-by-Side Comparison
| Metric | FLGV | SOXL | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.75% | |
| AUM | $1.0B | $24.3B | |
| Dividend Yield | 4.23% | 0.01% | |
| Holdings | 51 | 43 | |
| YTD Return | -0.31% | +155.29% | |
| 1Y Return | +1.85% | +375.74% | |
| 3Y Return (annualized) | +3.66% | +78.72% | |
| 5Y Return (annualized) | -0.58% | +23.06% | |
| Volatility (annualized) | 5.0% | 87.7% | |
| Max Drawdown | -18.4% | -90.5% | |
| Fund Family | Franklin Templeton Investments (US) | Direxion Shares ETF Trust | |
| Category | Fixed Income | Alternative | |
| Inception | Jun 9, 2020 | Mar 11, 2010 |
FLGV vs SOXL Performance
Franklin US Treasury Bond ETF (FLGV) is a ETF from Franklin Templeton Investments (US) and Direxion Daily Semiconductor Bull 3X ETF (SOXL) is a ETF from Direxion Shares ETF Trust. Over the past year FLGV returned +1.85% while SOXL returned +375.74%. Year to date, FLGV is down 0.31% versus a gain of 155.29% for SOXL.
Over three years, FLGV compounded at +3.66% per year against +78.72% for SOXL; over five years the annualized figures are -0.58% and +23.06% respectively. Across the full 6-year window we track, SOXL has the edge at +37.43% annualized vs -0.88%. 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 5.0% for FLGV. 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 -18.4% for FLGV 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 0.39. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FLGV charges 0.09% per year while SOXL charges 0.75%. On a $10,000 position that is $9 vs $75 annually, a gap of $66 per year that compounds over a long holding period. On income, FLGV currently yields 4.23% against 0.01% for SOXL.
Holdings Overlap
FLGV and SOXL share 0 holdings out of 36 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, FLGV or SOXL?
FLGV has an expense ratio of 0.09% while SOXL charges 0.75%. FLGV is the cheaper option. On a $10,000 investment, that is $66 per year of difference.
Which performed better, FLGV or SOXL?
Over the past year FLGV returned +1.85% vs +375.74% for SOXL, so SOXL leads on 1-year performance. Over the longest common window we track (6 years), FLGV annualized -0.88% vs +37.43% for SOXL. Past performance does not guarantee future results.
Which is riskier, FLGV or SOXL?
SOXL has been the more volatile fund at 87.7% annualized versus 5.0% for FLGV. Worst drawdown: FLGV -18.4% vs SOXL -90.5%.
Should I hold both FLGV and SOXL?
FLGV and SOXL have a monthly-return correlation of 0.39, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FLGV and SOXL?
FLGV and SOXL share 0 common holdings with a 0.0% weight overlap. Combined, they hold 36 unique securities.
Which pays a higher dividend, FLGV or SOXL?
FLGV yields 4.23% while SOXL yields 0.01%, so FLGV currently pays the higher dividend yield.
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