SOXL has a higher one-year return and a deeper five-year drawdown compared to SPXL, both resetting leverage daily. SOXL is tech-focused, while SPXL tracks the S&P 500 for diversification. SPXL has lower volatility, a slightly higher dividend yield, and smaller max drawdown. Investors can choose based on risk tolerance and sector preference.
SPXL and SOXL are leveraged ETFs by Direxion, with similar expense ratios and reset leverage daily. SPXL tracks the S&P 500, while SOXL is purely semiconductor-focused. Both offer amplified daily moves but come with high volatility. Investors should consider cost, returns, risk, liquidity, and portfolio composition for tactical trading.
SOXL bets solely on the semiconductor sector with a tech-heavy portfolio, while SPXL provides broader diversification across the S&P 500. SOXL’s holdings are more concentrated, leading to higher volatility, while SPXL spreads risk across sectors. Investors should weigh sector preferences, risk tolerance, and expense ratios for their investment strategy.

Read more at Yahoo Finance: Better High-Return ETF: SOXL vs. SPXL