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Symphonies
SOXL - BnH
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A simple buy-and-hold of SOXL, a 3× leveraged ETF tied to semiconductor companies (chipmakers like Nvidia, AMD, Intel). It can soar in chip rallies and crash in downturns. Extremely volatile; suitable only if you accept very large ups and downs.
NutHow it works
All the money goes into SOXL and is left there. There’s only one holding, so the daily “rebalance” simply keeps any idle cash invested. SOXL is built to move about 3× the semiconductor stock index each day (up or down), resetting daily. Expect big swings.
CheckmarkValue prop
3x exposure to semiconductors (SOXL) aims for outsized upside: ~84% out-of-sample annualized return vs ~15% S&P, with stronger risk-adjusted metrics (Sharpe ~1.10). High upside in AI/tech cycles; expect large drawdowns.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.084.210.670.82
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
674.49%13.66%-1.77%0.2%0.83
SOXL - BnH
8,991.96%32.59%-14.61%52.6%0.77
Initial Investment
$10,000.00
Final Value
$909,195.54
Regulatory Fees
$0.00
Total Slippage
$1.00
Invest in this strategy
OOS Start Date
Nov 12, 2024
Trading Setting
Daily
Type
Stocks
Category
Semiconductors, leveraged etf (3x), long-only, buy & hold, single-asset, concentrated risk, daily-reset
Tickers in this symphonyThis symphony trades 1 assets in total
Ticker
Type
SOXL
Direxion Daily Semiconductor Bull 3X ETF
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 52.42%. 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, and options.