Semiconductor stocks have been strong over the last year. As a result, the leveraged SOXL ETF has delivered almost 325 percent returns in the one year ending April 2021. SOXX has delivered around 82 percent returns over the period. Also, SOXL has been outperforming SOXX in the last three-year, five-year, and ten-year periods.
We have been in a semiconductor bull market over the last several years. As a result, SOXL, which is a leveraged bet on the industry, has outperformed. The medium-term outlook for the semiconductor industry also looks strong. The forecast for both of the ETFs looks positive.
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