SOXL observed max drawdown: 86.9%
Direxion Semiconductor Bull 3x. From its 2021-12-31 peak, SOXL fell 86.9% to the 2022-09-30 trough and needed 4.3 years to make a new high (2026-04-30). Computed from 199 months of observed fund history. Fund inception boundary (first available fund observation): 2010-03-11; the monthly analysis runs from 2010-03-31 through 2026-09-30.
What is SOXL's observed maximum drawdown?
SOXL's observed maximum drawdown was 86.9%, from a peak in 2021-12-31 to a trough in 2022-09-30, based on monthly closes from fund prices first observed on 2010-03-11. The sample contains 199 monthly observations through 2026-09-30. Monthly closes can miss deeper daily losses.
| Measure | Value |
|---|---|
| Maximum drawdown | -86.9% |
| Peak | 2021-12-31 |
| Trough | 2022-09-30 |
| Recovered | 2026-04-30 |
| Monthly observations | 199 |
Last verified
What is SOXL's observed maximum drawdown?
SOXL's observed maximum drawdown was 86.9%, from a peak in 2021-12-31 to a trough in 2022-09-30, based on monthly closes from fund prices first observed on 2010-03-11.
How long did SOXL take to recover from its worst drawdown?
SOXL took 4.3 years from the 2021-12-31 peak to make a new high in 2026-04-30, based only on observed fund prices.
What was SOXL's worst 12-month return?
SOXL's worst observed rolling 12-month return was -85.7%, in the 12 months ending 2022-12-31.
SOXL observed fund drawdown statistics
2021-12-31 peak to 2022-09-30 trough.
New high reached 2026-04-30.
Share of all months spent below a prior high.
Rolling year ending 2022-12-31.
The biggest SOXL drawdowns in observed fund history
| Depth | Peak | Trough | Recovered | Peak to trough | Total underwater |
|---|---|---|---|---|---|
| -86.9% | 2021-12-31 | 2022-09-30 | 2026-04-30 | 9 mo | 4.3 years |
| -65.8% | 2011-02-28 | 2011-09-30 | 2013-12-31 | 7 mo | 2.8 years |
| -65.5% | 2019-12-31 | 2020-03-31 | 2020-11-30 | 3 mo | 11 months |
| -57.7% | 2026-06-30 | 2026-08-31 | not yet | 2 mo | 3 months |
| -51.8% | 2010-04-30 | 2010-08-31 | 2010-12-31 | 4 mo | 8 months |
Methodology: observed SOXL fund prices only, first available from 2010-03-11. Monthly closing-price statistics cover 2010-03-31 through 2026-09-30; no proxy or pre-inception simulation is included in this table. Educational information, not investment advice.
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