Skip to Content
Trade options on Composer. Earn up to $200 in cash rebates!Get Started.T&Cs apply.
Symphonies
SOXL - BnH
Today’s Change
—

A symphony is an automated trading strategy — Learn more about symphonies here

About

Pure buy-and-hold in SOXL, a 3× leveraged semiconductor ETF. Seeks triple the daily move of chip stocks. Extremely volatile and concentrated; results depend on the path of daily moves, and very large drawdowns are possible.
NutHow it works
This strategy keeps 100% of your money in SOXL every day. SOXL is a fund that aims to deliver about 3× the DAILY move of major semiconductor (“chip”) stocks like NVIDIA, AMD, Intel, etc. No signals or timing—just stay fully invested and reset to 100% SOXL each day.
CheckmarkValue prop
Out-of-sample, this strategy offers higher risk-adjusted returns than SPY (Sharpe ~1.06 vs ~0.84) with much greater upside (annualized ~75.8% vs ~14.9%), but carries extreme drawdown risk (~76%), requiring strong risk tolerance.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.074.20.670.82
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
698.59%14.03%2.19%5.01%0.85
SOXL - BnH
9,951.62%33.81%50.04%49.74%0.78
Initial Investment
$10,000.00
Final Value
$1,005,161.58
Regulatory Fees
$0.00
Total Slippage
$1.00
Invest in this strategy
OOS Start Date
Nov 12, 2024
Trading Setting
Daily
Type
Stocks
Category
Leveraged etf, semiconductors, buy-and-hold, high volatility, concentrated, daily reset, equities
Tickers in this symphonyThis symphony trades 1 assets in total
Ticker
Type
SOXL
Direxion Daily Semiconductor Bull 3X Shares
Stocks

FAQ

A Composer symphony is an automated trading strategy that executes trades based on parameters of your choice. Some symphonies are similar to holding one ETF in normal conditions and rotating to a different ETF when market conditions shift, for example a 5% drop in the S&P 500, while others use complex rules with dozens of triggers. However, complex doesn’t always mean better. A simple, well-structured symphony can be just as effective as an intricate one. Learn more about how symphonies work here.

"SOXL - BnH" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"SOXL - BnH" is currently allocated toSOXL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "SOXL - BnH" has returned 75.83%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "SOXL - BnH" is 76.46%. The maximum drawdown measures the largest peak-to-trough decline. It's an important metric to evaluate risk and the strategy's behavior during market stress.

To invest in "SOXL - BnH", simply click the Invest button on this page. You'll need to open an account with Composer if you don't have one yet, then you can start investing. Composer will automatically execute the trades for you based on the strategy's rules. Composer also supports trading individual stocks, ETFs, crypto, and options.