SOXL vs TECL ETF Comparison
Compare SOXL and TECL across fund costs, diversification, holdings, performance, income, risk and current AlgovestIQ evidence.
What is the main difference between SOXL and TECL?
SOXL is Direxion Daily Semiconductor Bull 3X ETF, while TECL is Direxion Daily Technology Bull 3X ETF. SOXL is tied to Equity; TECL is tied to Equity. TECL is broader by holdings count, with 73 positions versus 30 for SOXL. TECL is more concentrated at the top, based on top-10 holdings weight.
| Metric | SOXL | TECL | Type |
|---|---|---|---|
| Expense ratio | 0.91% | 0.94% | Fund |
| Assets under management | $18.2B | $5.6B | Fund |
| Holdings | 30 | 73 | Fund |
| Top-10 concentration | 20.7% | 21.7% | Fund |
| Average volume | 81,412,126 | 1,954,283 | Fund |
| Underlying exposure | Equity | Equity | Fund |
| Annualized volatility | 133.5% | 78.9% | Risk |
| Max drawdown | -69.4% | -49.8% | Risk |
| Beta | 7.68 | 5.21 | Risk |
| Sharpe ratio | 1.75 | 1.24 | Risk |
| Sortino ratio | 2.44 | 1.93 | Risk |
| AIQ Score | 42/100 | 40/100 | AlgovestIQ |
| AIQ Edge Score | 2/10 | 2/10 | AlgovestIQ |
| Momentum | 24/100 | 53/100 | AlgovestIQ |
| Risk Resilience | 0/100 | 0/100 | AlgovestIQ |
AlgovestIQ AIQ Comparison
Direxion Daily Semiconductor Bull 3X ETF vs Direxion Daily Technology Bull 3X ETF
SOXL leads
SOXL leads by 2 AIQ points, primarily on Quality and Value, having only recently taken the lead back from TECL.
Fragile: 1 of 4 evidence groups support SOXL, the lead recently changed hands, and its current signal state is conflicted.
Direxion Daily Semiconductor Bull 3X ETF
Direxion Daily Technology Bull 3X ETF
The Algovestiq AIQ Score currently favors SOXL over TECL, 42 versus 40 as of Sep 5, 2026. SOXL's advantage is driven primarily by stronger quality and value, while TECL holds the stronger momentum profile. SOXL also shows the weaker technical structure relative to its 50-day moving average. 1 of 4 covered evidence groups favor SOXL today, and the comparison is rated Fragile on stability: the AIQ gap is narrow at 2 points. SOXL lead: Reversed — TECL led by 1 AIQ points 30 sessions ago; SOXL now leads by 2.
Compare Direxion Daily Semiconductor Bull 3X ETF and Direxion Daily Technology Bull 3X ETF across performance, expense ratio, dividend yield, drawdown, volatility and the Algovestiq AIQ Score.
Compare SOXL and TECL against another ticker
Open a multi-ticker workspace without changing this focused pair page.
AIQ Factor Divergence
Where the two separate, on the four dimensions behind the AIQ Score. Bars read outward from a shared zero: further from the centre is a wider gap.
- Momentum25%24 vs 53TECL +29
- Quality30%76 vs 57SOXL +19
- Value30%45 vs 33SOXL +12
- Risk Resilience15%0 vs 0Even
1 of 4 evidence groups favor SOXL. SOXL’s edge is concentrated in quality and value; TECL keeps a meaningful momentum edge.
What changed since the last close
Latest scored session 2026-09-03, compared against the prior scored session 2026-09-02.
No factor moved materially.
No new signals fired.
Largest factor move: Momentum +20
New signals
- EMA Ribbon Expansion Bullish — bullish, trend, medium horizon
- Uptrend Structure Active — bullish, trend, long horizon
SOXL's lead narrowed by 5 AIQ points in the latest snapshot.
Deeper signal detail for each name lives on its own signals page — SOXL and TECL both carry a full feed there.
The central trade-off
SOXL (Direxion Daily Semiconductor Bull 3X ETF): the stronger current systematic profile, led by quality and value.
TECL (Direxion Daily Technology Bull 3X ETF): the counter-case, on momentum, technicals.
Which one fits your objective
The same two names rank differently depending on what you are optimizing for. All six reads are shown at once — none of them is hidden behind a toggle.
Balanced
SOXLSOXL on the overall AIQ Score, which weights Quality and Value at 30% each.
Growth
EvenGrowth figures are not covered for both names.
Value
SOXLSOXL on the peer-relative Value factor, by 12 points.
Momentum
TECLTECL on the Momentum factor, by 29 points.
Lower downside
TECLTECL carries the lower 1-month annualized volatility.
Analyst upside
EvenAnalyst targets are level or not covered for both names.
Fund facts, side by side
Two funds tracking overlapping universes are separated by cost and risk far more than by holdings. Those lead here.
| Measure | SOXL | TECL | Why it matters |
|---|---|---|---|
| Expense ratio | 0.91% | 0.94% | Lower is better — it compounds against you every year you hold. |
| Assets under management | $18.2B | $5.6B | Larger funds generally carry tighter spreads. |
| Holdings | 44 | 80 | More holdings means broader diversification, not better returns. |
| Average volume | 81,412,126 | 1,954,283 | Liquidity — matters most if you trade size. |
| Annualized volatility | 133.5% | 78.9% | Lower is a steadier ride for the same exposure. |
| Max drawdown | -69.4% | -49.8% | The worst peak-to-trough loss on record for the fund. |
| Sharpe ratio | 1.75 | 1.24 | Return per unit of risk. Higher is better. |
| Beta | 7.68 | 5.21 | Sensitivity to the broad market. Neither direction is better — it depends on the role in your portfolio. |
Where the exposure actually sits
SOXL and TECL share 13.05% of their weighted exposure across 18 common holdings.
TECL is the more concentrated of the two: its ten largest positions are 21.74% of the fund, against 20.69% for SOXL (73 holdings vs 30). Concentration cuts both ways — it is what drives outperformance when the top names work, and what makes the drawdown deeper when they do not.
12 holdings are unique to SOXL and 55 to TECL. Owning both is genuinely additive — most of the capital sits in different securities.
Largest shared positions
| Holding | SOXL | TECL | Shared |
|---|---|---|---|
| NVDANVIDIA CORP | 1.92% | 3.23% | 1.92% |
| MUMICRON TECHNOLOGY INC | 3.5% | 1.74% | 1.74% |
| AMDADVANCED MICRO DEVICES | 3.13% | 1.65% | 1.65% |
| INTCINTEL CORP | 2.05% | 1.29% | 1.29% |
| LRCXLAM RESEARCH CORP | 1.63% | 1.04% | 1.04% |
| AMATAPPLIED MATERIALS INC | 1.71% | 0.99% | 0.99% |
| AVGOBROADCOM INC | 1.42% | 0.99% | 0.99% |
| TXNTEXAS INSTRUMENTS INC | 1.47% | 0.66% | 0.66% |
Shared weight is the lower of the two positions — the portion of capital both funds genuinely have in the same security.
ETF comparison questions
Short answers to the fund-specific questions behind this comparison.
Which ETF is more diversified, SOXL or TECL?
TECL currently has more reported holdings, with 73 positions versus 30.
Which has the lower expense ratio?
SOXL has the lower reported expense ratio in the current fund profile.
Which ETF has the higher distribution yield?
The current dataset does not show a higher-yield winner.
Which ETF has been more volatile?
SOXL has the higher annualized volatility in the current risk snapshot.
Which ETF has had the smaller drawdown?
TECL has the less severe max drawdown in the current risk snapshot.
Which ETF has the stronger current AlgovestIQ evidence?
SOXL currently leads on supporting AlgovestIQ evidence, 42 to 40.
AIQ Agreement Matrix
1 of 4 covered evidence groups favor SOXL. A wide gap backed by one group is a weaker case than a narrow gap backed by five.
| Evidence group | Favors | Reading |
|---|---|---|
| AIQ Score | Even | 42 vs 40 |
| Fundamentals | Not covered | Not covered |
| Valuation | SOXL | Value 45 vs 33 |
| Technicals | TECL | Price vs 50-day -20.7% vs 4.3%; vs 200-day -1.5% vs 32% |
| Risk Resilience | Even | Risk Resilience 0 vs 0 |
| Analyst expectations | Not covered | Not covered |
✓ agrees with the overall verdict · ✕ points the other way. Groups marked “not covered” lack data on one or both of SOXL and TECL and are excluded from the count.
AIQ Decision Stability
The conclusion is sensitive to small changes. Treat the lead as provisional and watch the flip conditions below.
- The AIQ gap is narrow at 2 points. (argues the conclusion is provisional)
- Only 1 of 4 covered evidence groups agree. (argues the conclusion is provisional)
- The lead has already changed hands inside the comparison window. (argues the conclusion is provisional)
- The leader is throwing conflicting signals. (argues the conclusion is provisional)
Stability combines the score gap, how broadly the evidence agrees, how steady the lead has been across daily snapshots, the current signal state on both names, and analyst dispersion on SOXL.
How the comparison changed
120 daily snapshots · Apr 22 – Sep 3SOXL lead: Reversed — TECL led by 1 AIQ points 30 sessions ago; SOXL now leads by 2.
- Today
- SOXL +2
- 42 vs 40
- 7 sessions ago
- SOXL +5
- 46 vs 41
- 30 sessions ago
- TECL +1
- 47 vs 48
- 90 sessions ago
- SOXL +4
- 46 vs 42
The lead changed hands 9 times in this window, most recently on Aug 12 when TECL moved ahead of SOXL.
AIQ Signal Divergence
Only the signals that bear on the head-to-head. A conflicted name is carrying bullish and bearish rules at the same time — the technical evidence is not pointing one way.
2 bullish / 1 bearish / 1 neutral, conflicted
- Golden Cross Active — bullish, trend, long horizon (36.43%)
- RSI Oversold - Potential Bounce — bullish, momentum, short horizon
- ATR Expansion - Breakout Mode — neutral, volatility, short horizon (12.96%)
3 bullish / 1 bearish / 1 neutral, conflicted
- Golden Cross Active — bullish, trend, long horizon (29.09%)
- EMA Ribbon Expansion Bullish — bullish, trend, medium horizon
- Uptrend Structure Active — bullish, trend, long horizon
SOXL leads the comparison while carrying a conflicted signal state, which is one reason the stability rating is not higher.
Price vs model alignment
Whether the latest session's price move confirms what the model did over the same session, or contradicts it.
Neither the price nor the AIQ Score moved enough in the latest session to confirm or contradict the other (price +9.87%, AIQ 0 points).
Price and the AIQ Score both moved up over the latest session (price +2%, AIQ +5 points).
What would flip this result
A state, not a forecast. These are the specific, observable changes that would reverse the verdict — not a price prediction.
- 1TECL closes the Quality gap — currently 19 points behind, the largest single contributor to SOXL's edge.
- 2TECL generates a confirmed bullish trend signal it does not currently carry, such as MACD Bullish Crossover.
- 3SOXL's conflicting signal state resolves bearish — it currently carries 2 bullish and 1 bearish rules at once.
- 4A regime shift changes factor weighting — the composite weights Quality and Value at 30% each, so a rotation toward either would move the result most.
The full evidence
Every number behind the verdict. The leader is called above each group so you are not left to solve it from the table.
Technicals
TECL has the stronger structure| Metric | SOXL | TECL |
|---|---|---|
| RSI (14) | 28.8 | 41.2 |
| ADX (14) | 20.1 | 12.2 |
| Price vs 50-day | -20.7% | 4.3% |
| Price vs 200-day | -1.5% | 32% |
| Volatility (1M, annualized) | 93.2% | 64.4% |
Risk
Split| Metric | SOXL | TECL |
|---|---|---|
| Beta | 7.68 | 5.21 |
| Sharpe ratio | 1.75 | 1.24 |
| Sortino ratio | 2.44 | 1.93 |
| Max drawdown | -69.4% | -49.8% |
| Current drawdown | -64.5% | -26.3% |
| Annualized volatility | 133.5% | 78.9% |
| Value at risk (95%) | -14.4% | -7.8% |
Straight answers
Each answer is regenerated from the current snapshot, not written once and left to age.
Which is better, SOXL or TECL?
On the Algovestiq AIQ Score, SOXL is the stronger of the two as of Sep 5, 2026, scoring 42 against TECL's 40. The edge comes from quality and value. TECL is not without a case — it holds the better momentum profile, which matters more if that is the objective you are optimizing for. This is a systematic score, not a recommendation: it ranks the two on the same evidence, it does not know your holding period or tax position.
Is SOXL or TECL the better buy right now?
SOXL carries the stronger systematic profile as of Sep 5, 2026, and the comparison is rated Fragile — 1 of 4 covered evidence groups agree. A Fragile rating means the conclusion is sensitive: the AIQ gap is narrow at 2 points. Treat the lead as provisional.
Why does the AIQ Score favor SOXL over TECL?
The composite weights Quality at 30%, Value at 30%, Momentum at 25% and Risk Resilience at 15%. TECL leads Momentum by 29 points; SOXL leads Quality by 19 points; SOXL leads Value by 12 points. Where the two split, the factor with the larger weight carries the result.
Which is better value, SOXL or TECL?
SOXL is the better-valued of the two on the peer-relative Value factor. SOXL on the peer-relative Value factor, by 12 points. The Value factor reads valuation relative to sector peers and to the company's own fundamental quality, so it is not the same as simply having the lower multiple.
Which has stronger growth, SOXL or TECL?
Growth figures are not covered for both names. Growth here is measured on reported revenue and earnings, not on forward estimates — it describes what the businesses have delivered, not what the Street expects next.
Which has stronger momentum, SOXL or TECL?
TECL on the Momentum factor, by 29 points. Momentum carries 25% of the AIQ composite. It has documented persistence over three- to twelve-month horizons, which makes it a timing input rather than a reason to hold something indefinitely.
Which is riskier, SOXL or TECL?
TECL is the more resilient of the two, so the other name carries the higher downside risk. TECL carries the lower 1-month annualized volatility. The Risk Resilience factor weights 15% of the composite; position sizing usually responds to it more usefully than the buy/avoid decision does.
Is SOXL more profitable than TECL?
Margin data is not comparable for both names in the current snapshot.
Is SOXL's lead over TECL getting stronger or weaker?
SOXL lead: Reversed — TECL led by 1 AIQ points 30 sessions ago; SOXL now leads by 2. This is measured from 120 daily comparison snapshots between 2026-04-22 and 2026-09-03. The lead has changed hands 9 times in that window, most recently on 2026-08-12, when TECL moved ahead of SOXL.
What would change the SOXL vs TECL verdict?
The result is a state, not a forecast, so it changes when the underlying evidence changes. Concretely: TECL closes the Quality gap — currently 19 points behind, the largest single contributor to SOXL's edge; TECL generates a confirmed bullish trend signal it does not currently carry, such as MACD Bullish Crossover; SOXL's conflicting signal state resolves bearish — it currently carries 2 bullish and 1 bearish rules at once; a regime shift changes factor weighting — the composite weights Quality and Value at 30% each, so a rotation toward either would move the result most.
What do the current signals say about SOXL and TECL?
SOXL: 2 bullish / 1 bearish / 1 neutral, conflicted. TECL: 3 bullish / 1 bearish / 1 neutral, conflicted. A conflicted state means bullish and bearish rules are active on the same name at once — the technical evidence is not pointing one way, and a decision taken on it carries more timing risk. The most decision-relevant rule on SOXL is Golden Cross Active (bullish, long horizon). On TECL it is Golden Cross Active (bullish, long horizon).
Compare SOXL and TECL with others
How this comparison is scored
The Algovestiq AIQ Score composites four factors — Quality (30%), Value (30%), Momentum (25%) and Risk (15%). Sentiment is reported separately as SentimentPulse and is not folded into the composite. Scores refresh every trading day, and this page regenerates from the latest snapshot rather than being written once.
The verdict names a leader, states how broadly six independent evidence groups agree, and rates how durable that conclusion is given the score gap, its recent trajectory and the current signal state on both names.
How to use side-by-side comparison →This comparison is informational and educational, not investment advice. AIQ scores update daily; re-check after earnings, guidance or macro data that materially changes either name’s factor profile.