SOXL vs VOO
Direxion Daily Semiconductor Bull 3X ETF vs Vanguard S&P 500 ETF
Which is better, SOXL or VOO?
Multi Alternative against Large Cap Blend.
VOO has a lower expense ratio. SOXL led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SOXL | VOO |
|---|---|---|
| Expense Ratio | 0.75% | 0.03%Best |
| AUM | $18.1B | $997.4B |
| Dividend Yield | 0.01% | 1.04% |
| Holdings | 44 | 509 |
| YTD Return | +157.87%Best | +12.50% |
| 1Y Return | +317.62%Best | +17.58% |
| 3Y Return (annualized) | +80.48%Best | +21.27% |
| 5Y Return (annualized) | +21.07%Best | +12.95% |
| Volatility (annualized) | 87.3% | 14.1%Best |
| Max Drawdown | -90.5% | -34.3%Best |
| $10,000 over 5 years | $26,013Best | $18,384 |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Mar 11, 2010 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 11, 2026 (16 years).
SOXL vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SOXL vs VOO Performance
Direxion Daily Semiconductor Bull 3X ETF (SOXL) is an ETF from Direxion Shares ETF Trust and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year SOXL returned +317.62% while VOO returned +17.58%. Year to date, SOXL is up 157.87% versus a gain of 12.50% for VOO.
Over three years, SOXL compounded at +80.48% per year against +21.27% for VOO; over five years the annualized figures are +21.07% and +12.95% respectively. Across the full 16-year window we track, SOXL has the edge at +42.93% annualized vs +13.41%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SOXL has been the more volatile fund, with annualized monthly volatility of 87.3% compared with 14.1% for VOO. 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 -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SOXL charges 0.75% per year while VOO charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, SOXL currently yields 0.01% against 1.04% for VOO.
Holdings Overlap
At least 19.1% of VOO's money is in holdings SOXL also owns.
Only one direction is shown: for SOXL, our book for it lists positions totalling 117.9% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
VOO and SOXL share little of their money.
18 positions in common, counted across the 34 positions we hold weights for in SOXL and 505 in VOO, against full books of 44 and 509.
Top Shared Holdings
| Stock | Weight in SOXL | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 5.87% | 7.51% | 1.64% |
| AVGOBroadcom Inc | 5.47% | 2.77% | 2.70% |
| MUMicron Technology, Inc. | 5.38% | 2.02% | 3.36% |
| AMDAdvanced Micro Devices Inc. | 5.88% | 1.47% | 4.41% |
| INTCIntel Corp. | 3.72% | 1.02% | 2.70% |
| AMATApplied Materials, Inc. | 3.55% | 0.89% | 2.66% |
| LRCXLam Research Corp | 2.92% | 0.84% | 2.08% |
| KLACKla Corp. | 2.97% | 0.61% | 2.36% |
| MRVLMarvell Technology Group Ltd | 3.12% | 0.40% | 2.72% |
| TXNTexas Instruments, Inc | 2.71% | 0.42% | 2.29% |
You are not choosing between two funds in isolation.
Whichever of SOXL and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SOXL or VOO?
SOXL has an expense ratio of 0.75% while VOO charges 0.03%. VOO is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, SOXL or VOO?
Over the past year SOXL returned +317.62% vs +17.58% for VOO, so SOXL leads on 1-year performance. Over the longest common window we track (16 years), SOXL annualized +42.93% vs +13.41% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SOXL or VOO?
SOXL has been the more volatile fund at 87.3% annualized versus 14.1% for VOO. Worst drawdown: SOXL -90.5% vs VOO -34.3%.
Should I hold both SOXL and VOO?
SOXL and VOO have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SOXL and VOO?
At least 19.1% of VOO's money is in holdings SOXL also owns. Our book for SOXL is partial, so the real figure is this or higher. They hold 18 positions in common, counted across the 34 positions we hold weights for in SOXL and 505 in VOO.
Which pays a higher dividend, SOXL or VOO?
SOXL yields 0.01% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than SOXL?
VOO has a lower expense ratio. SOXL led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.