Dividend comparison
SOXL vs TECL: Which Is Better?
Fees, yield, total returns, drawdowns, holdings overlap and dividend history for Direxion Daily Semiconductor Bull 3X ETF and Direxion Daily Technology Bull 3X ETF, side by side. Updated October 21, 2026.
SOXL vs TECL: key differences
The short answer, from the latest data on this page.
- Fees. SOXL is cheaper at 0.91% a year versus 0.94% for TECL. On $10,000 that is $3 a year less in fees.
- Income. TECL pays more income, yielding 4.40% over the last twelve months versus 0.10% for SOXL. That is about $430 more a year on $10,000. SOXL pays annual, TECL pays quarterly.
- Performance. Over the last 5 years, TECL returned 214.6% versus 127.5% for SOXL, with dividends reinvested. $10,000 would have grown to $31,457 in TECL and $22,750 in SOXL.
- Risk. SOXL has been the bumpier ride. Its worst peak-to-trough decline over the last 5 years was -90.5%, against -78.0% for TECL.
- Diversification. TECL holds 80 positions and SOXL holds 44. The ten largest positions make up 41.7% of SOXL and 44.5% of TECL.
- Overlap. At least 24% of the two portfolios overlap by weight, across 18 shared holdings.
- Dividend growth. TECL grew its yearly payout 134.6% a year over the last 4 years, versus 47.2% for SOXL.
- Size. SOXL is the larger fund with $21.9 billion in assets, against $5.3 billion for TECL.
Bottom line: SOXL fits better if you care most about lower fees. TECL fits better if you care most about more income today, stronger 5-year returns, smaller drawdowns, faster dividend growth and broader diversification.
Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
| Metric | SOXL Direxion Daily Semiconductor Bull 3X ETF | TECL Direxion Daily Technology Bull 3X ETF |
|---|---|---|
| Dividend yield (TTM) | 0.10% | 4.40% |
| Dividend / share (TTM) | $0.09 | $8.56 |
| Payout frequency | Annual | Quarterly |
| Last dividend | $0.0929 on Sep 29, 2026 | $0.2093 on Sep 29, 2026 |
| Ex-dividend date | Sep 22, 2026 | Sep 22, 2026 |
| Dividend growth (CAGR) | 47.2% over 4 yrs | 134.6% over 4 yrs |
| Price | $97.55 | $194.53 |
| Dividend growth streak | — | 3 years |
| Beta | 7.64 | 4.86 |
| Max drawdown (5Y) | -90.5% | -78.0% |
| Market cap | $25.92B | $7.27B |
| Exchange | AMEX | AMEX |
| Expense ratio | 0.91% | 0.94% |
| Assets under management | $21.89B | $5.33B |
| Number of holdings | 44 | 80 |
| Top 10 concentration | 41.7% | 44.5% |
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.
SOXL
$0.79/mo
$10 /yr at 0.10% yield
TECL
$36.67/mo
$440 /yr at 4.40% yield
Dividend history
Total dividends paid per share in each calendar year. SOXL pays annual; TECL pays quarterly.
| Year | SOXL | TECL |
|---|---|---|
| 2025 | $0.1428 | $8.4468 |
| 2024 | $0.3211 | $0.2609 |
| 2023 | $0.1589 | $0.1876 |
| 2022 | $0.1038 | $0.0492 |
| 2021 | $0.0304 | $0.2790 |
Strategy: Leveraged
Funds that use swaps and futures to deliver two or three times the daily return of an index. The multiple resets every day, so over longer periods the result can differ sharply from simply multiplying the index return, especially when the market is choppy. They are built as short-term trading tools.
Daily rebalancing causes decay in sideways or volatile markets, and a large one-day drop can wipe out most of the fund's value.
Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Oct 20, 2021 would now be worth $22,750 in SOXL and $31,457 in TECL.
| Period | SOXL | TECL |
|---|---|---|
| 1 month | -21.07% | -7.90% |
| 3 months | -28.65% | 9.47% |
| Year to date | 132.26% | 66.04% |
| 1 year | 131.11% | 58.58% |
| 3 years | 496.27% | 391.61% |
| 5 years | 127.50% | 214.57% |
- SOXL
- TECL
Both series indexed to 100 on 2021-10-20 using the adjusted closing price series. Past performance does not guarantee future results.
Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
- SOXL
- TECL
SOXL vs TECL holdings overlap
At least 24% overlap by weight, with 18 holdings in common. Overlap adds up the smaller of the two weights for every stock both funds own, so 100% would mean identical portfolios.
| Largest shared holdings | SOXL weight | TECL weight |
|---|---|---|
| NVDANVIDIA CORP | 5.38% | 10.56% |
| AVGOBROADCOM INC | 4.95% | 3.19% |
| AMDADVANCED MICRO DEVICES | 6.26% | 3.18% |
| MUMICRON TECHNOLOGY INC | 5.17% | 2.68% |
| INTCINTEL CORP | 5.63% | 1.84% |
| LRCXLAM RESEARCH CORP | 2.47% | 1.36% |
| AMATAPPLIED MATERIALS INC | 2.47% | 1.34% |
| TXNTEXAS INSTRUMENTS INC | 2.90% | 1.04% |
| KLACKLA CORP | 2.60% | 0.89% |
| MRVLMARVELL TECHNOLOGY INC | 3.07% | 0.82% |
Top 10 holdings
Largest positions by portfolio weight.
SOXL44 holdings total
Quick verdict
SOXL fits better if you care most about lower fees. TECL fits better if you care most about more income today, stronger 5-year returns, smaller drawdowns, faster dividend growth and broader diversification. Model the holding inside your real portfolio before deciding.
Still deciding? Compare them in your portfolio
Forecast dividend income, track payouts, and see how SOXL vs TECL fits with the rest of your holdings. Free to start — no credit card required for the trial.
Frequently asked questions
Is SOXL or TECL better for dividend income?
It depends on your goals. SOXL currently yields 0.10% Trailing Twelve Months (TTM) while TECL yields 4.40%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between SOXL and TECL?
Direxion Daily Semiconductor Bull 3X ETF (SOXL) is an ETF listed on AMEX. Direxion Daily Technology Bull 3X ETF (TECL) is an ETF listed on AMEX. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, SOXL or TECL?
SOXL has the lower expense ratio. SOXL charges 0.91% a year and TECL charges 0.94%, a difference of $3 a year on a $10,000 investment.
Which has performed better, SOXL or TECL?
Over the last 5 years, TECL has the higher total return with dividends reinvested: SOXL returned 127.5% and TECL returned 214.6%. Past performance does not predict future returns.
Which is riskier, SOXL or TECL?
Measured by the worst peak-to-trough decline over the last five years, SOXL has been riskier: SOXL fell as much as 90.5% and TECL as much as 78.0%. Their betas are 7.64 and 4.86.
How much do SOXL and TECL overlap?
At least 24% of the two portfolios overlap by weight, across 18 shared holdings. The largest shared positions are NVDA, AVGO, AMD. Holding both still adds meaningful diversification.
How often do SOXL and TECL pay dividends?
SOXL pays annual and TECL pays quarterly.
How much income does $10,000 in SOXL vs TECL generate?
At current TTM yields, $10,000 in SOXL would generate roughly $0.79 per month ($10 annually). The same amount in TECL would produce about $36.67 per month ($440 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both SOXL and TECL?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare SOXL vs TECL with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how SOXL and TECL fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.
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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.