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SOXSvsSDSETF Comparison

ETF 1
SOXS

Direxion Daily Semiconductor Bear 3X Shares ETF

This fund is part of
Inverse Equity
+0%
VS
ETF 2
SDS

ProShares UltraShort S&P500 - Distributing - USD

This fund is part of
Inverse Equity
+0%

Direxion Daily Semiconductor Bear 3X Shares ETF (SOXS) and ProShares UltraShort S&P500 - Distributing - USD (SDS) belong to the same industry segment: Inverse Equity. SOXS is more expensive with a Total Expense Ratio (TER) of 0.97%, versus 0.91% for SDS. SOXS is down -42.39% year-to-date (YTD) with +$637M in YTD flows. SDS performs better with 8.69% YTD performance, and +$120M in YTD flows. Run a side-by-side ETF comparison of SOXS and SDS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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SOXS vs SDS performance and flow charts

Performance

010203040%Mar 2Mar 9Mar 16Mar 23Mar 30

Cumulative Flows

-1,000 M-800 M-600 M-400 M-200 M0 M200 MMar 2Mar 9Mar 16Mar 23Mar 30

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Historic performance and flows
Data as of 04/02/2026
1M3MYTD1Y3Y5Y
Perf.
SOXS
SDS
+0.75%+9.12%
-34.00%+9.06%
-42.39%+8.69%
-93.43%-26.46%
-98.78%-55.74%
-99.75%-65.29%
Flows
SOXS
SDS
+$127M+$96M
+$637M+$120M
+$637M+$120M
+$3.23B+$208M
+$3.25B+$129M
+$5.33B+$619M
Volatility and drawdown
3M1Y3Y5Y
Volatility
SOXS
SDS
+114.00%+28.84%
+122.90%+36.71%
+106.50%+29.73%
+108.20%+33.86%
Max drawdown
SOXS
SDS
-42.30%-7.27%
-96.55%-48.79%
-99.19%-62.47%
-99.85%-71.18%
Max drawdown duration
SOXS
SDS
88d3d
359d359d
1073d886d
1786d1278d
Trading data

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SOXS
SDS
Last sale
4/2/2026 at 1:30 PM
$35.93
$74.03
Previous close
04/02/2026
$36.26
$74.11
Consolidated volume
04/02/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of April 4, 2026
1-year trailing difference

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SOXS
SDS
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/2/2026 at 1:30 PM
Live
Closed
SOXS
SDS
Last price
$35.93
$74.03
1D performance
-0.91%
-0.11%
AuM$1.24 B$515.40 M
E/R0.97%0.91%
Characteristics
SOXS
SDS
Management strategyPassivePassive
ProviderDirexionProShares
BenchmarkNYSE Semiconductor IndexS&P 500 Index
N° of holdings--
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateMarch 11, 2010July 11, 2006
ESGNoNo
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Exposure

Exposure data will be available soon

Frequently asked questions about SOXS and SDS

How have the SOXS and SDS ETFs performed in 2026?

As of April 2, 2026, SOXS is down -42.39% year-to-date (YTD), while SDS has returned 8.69%. That puts SDS better performer ahead so far this year.

Which ETF is attracting more investor money: SOXS or SDS?

Year-to-date, the SOXS ETF saw +$637M in flows, compared to +$120M for SDS.

Which ETF is more volatile: SOXS or SDS?

Over the past year, SOXS had a volatility of 122.9%, while SDS experienced 36.71%.

Which ETF is bigger: SOXS or SDS?

As of April 2, 2026, SOXS holds $1.24 B in assets under management (AUM), while SDS manages $515.40 M.

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Latest news about SOXS & SDS
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The Active Trader Report

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up

Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up