SOXL vs TYLG
Direxion Daily Semiconductor Bull 3X ETF vs Global X Information Technology Covered Call & Growth ETF
Quick Verdict
TYLG has a lower expense ratio. SOXL delivered stronger 1-year returns. TYLG offers more diversification with 78 holdings.
Side-by-Side Comparison
| Metric | SOXL | TYLG | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.60% | |
| AUM | $24.3B | $15M | |
| Dividend Yield | 0.01% | 8.89% | |
| Holdings | 43 | 78 | |
| YTD Return | +144.86% | +19.70% | |
| 1Y Return | +323.70% | +32.42% | |
| 3Y Return (annualized) | +76.24% | +22.80% | |
| 5Y Return (annualized) | +21.41% | - | |
| Volatility (annualized) | 87.7% | 15.8% | |
| Max Drawdown | -90.5% | -24.5% | |
| Fund Family | Direxion Shares ETF Trust | Global X by mirae Asset | |
| Category | Alternative | Alternative | |
| Inception | Mar 11, 2010 | Nov 21, 2022 |
SOXL vs TYLG Performance
Direxion Daily Semiconductor Bull 3X ETF (SOXL) is a ETF from Direxion Shares ETF Trust and Global X Information Technology Covered Call & Growth ETF (TYLG) is a ETF from Global X by mirae Asset. Over the past year SOXL returned +323.70% while TYLG returned +32.42%. Year to date, SOXL is up 144.86% versus a gain of 19.70% for TYLG.
Over three years, SOXL compounded at +76.24% per year against +22.80% for TYLG. Across the full 4-year window we track, SOXL has the edge at +37.05% annualized vs +24.63%. 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 15.8% for TYLG. 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 -90.5% for SOXL and -24.5% for TYLG. 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SOXL charges 0.75% per year while TYLG charges 0.60%. On a $10,000 position that is $75 vs $60 annually, a gap of $15 per year that compounds over a long holding period. On income, SOXL currently yields 0.01% against 8.89% for TYLG.
Holdings Overlap
SOXL and TYLG share 18 holdings out of 91 unique holdings combined, representing a 19.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SOXL or TYLG?
SOXL has an expense ratio of 0.75% while TYLG charges 0.60%. TYLG is the cheaper option. On a $10,000 investment, that is $15 per year of difference.
Which performed better, SOXL or TYLG?
Over the past year SOXL returned +323.70% vs +32.42% for TYLG, so SOXL leads on 1-year performance. Over the longest common window we track (4 years), SOXL annualized +37.05% vs +24.63% for TYLG. Past performance does not guarantee future results.
Which is riskier, SOXL or TYLG?
SOXL has been the more volatile fund at 87.7% annualized versus 15.8% for TYLG. Worst drawdown: SOXL -90.5% vs TYLG -24.5%.
Should I hold both SOXL and TYLG?
SOXL and TYLG have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SOXL and TYLG?
SOXL and TYLG share 18 common holdings with a 19.4% weight overlap. Combined, they hold 91 unique securities.
Which pays a higher dividend, SOXL or TYLG?
SOXL yields 0.01% while TYLG yields 8.89%, so TYLG currently pays the higher dividend yield.
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