SOXL vs. SSO: What Type of Investor Should Consider These Leveraged ETFs?
2026-03-13 10:23:09 ET
ProShares - Ultra S&P500 (NYSEMKT:SSO) and Direxion Daily Semiconductor Bull 3X ETF (NYSEMKT:SOXL) both use daily leverage resets, but SSO delivers 2x exposure to the S&P 500, while SOXL offers 3x exposure to a concentrated semiconductor portfolio, resulting in sharply different risk profiles and recent returns.
Both funds are designed for traders seeking amplified daily moves, but their underlying indexes and leverage levels set them apart. SSO magnifies the entire S&P 500, giving broad market exposure, while SOXL zeroes in on the semiconductor sector with even more aggressive leverage. This comparison highlights the key differences in cost, risk, performance, and portfolio makeup to help investors weigh which approach could fit their strategy.
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months.
NASDAQ: SOXL
SOXL Trading
7.75% G/L:
$55.19 Last:
22,566,901 Volume:
$54.06 Open:
