BOND + SOXS
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
HYG iShares iBoxx $ High Yield Corporate Bond ETF | High Yield Bonds | 50% |
SOXS Direxion Daily Semiconductor Bear 3x Shares | Leveraged Equities, Leveraged | 50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BOND + SOXS, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.
The earliest data available for this chart is Mar 11, 2010, corresponding to the inception date of SOXS
Returns By Period
As of May 9, 2025, the BOND + SOXS returned -8.91% Year-To-Date and -34.80% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -3.70% | 13.67% | -5.18% | 9.18% | 14.14% | 10.43% |
| BOND + SOXS | -8.91% | -39.24% | 0.16% | -20.44% | -36.89% | -34.80% |
| Portfolio components: | ||||||
SOXS Direxion Daily Semiconductor Bear 3x Shares | -25.97% | -64.91% | -10.49% | -48.92% | -71.85% | -66.84% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 1.74% | 4.16% | 1.42% | 8.11% | 5.08% | 3.93% |
Monthly Returns
The table below presents the monthly returns of BOND + SOXS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -3.53% | 5.77% | 13.51% | -17.46% | -4.71% | -8.91% | |||||||
| 2024 | -4.04% | -13.94% | -5.20% | 6.29% | -12.47% | -7.61% | 2.78% | -2.06% | -2.44% | 6.61% | 2.09% | -2.47% | -29.86% |
| 2023 | -17.75% | -4.47% | -8.21% | 12.61% | -22.47% | -7.34% | -7.44% | 5.23% | 10.11% | 9.96% | -18.44% | -10.36% | -49.70% |
| 2022 | 14.61% | -3.43% | -7.62% | 23.97% | -16.74% | 30.11% | -17.53% | 5.69% | 17.71% | -6.61% | -21.03% | 8.28% | 12.50% |
| 2021 | -7.03% | -10.67% | -7.52% | -0.89% | -5.46% | -6.23% | -1.72% | -3.44% | 5.62% | -9.55% | -14.78% | -3.30% | -49.59% |
| 2020 | 3.14% | 3.40% | -19.65% | -21.56% | -6.88% | -9.51% | -7.66% | -7.21% | -2.37% | -2.16% | -19.30% | -4.17% | -64.15% |
| 2019 | -12.83% | -6.20% | -4.19% | -13.59% | 24.77% | -15.98% | -8.68% | 1.19% | -5.50% | -9.26% | -5.09% | -7.65% | -50.71% |
| 2018 | -12.21% | -3.25% | 0.75% | 8.17% | -14.58% | 5.93% | -5.40% | -3.31% | 2.84% | 17.26% | -8.02% | 7.36% | -8.77% |
| 2017 | -6.10% | -3.44% | -5.82% | 0.68% | -11.49% | 5.86% | -6.77% | -4.48% | -6.55% | -11.36% | -1.03% | 1.87% | -40.10% |
| 2016 | -0.80% | 0.74% | 1.27% | 1.56% | 0.09% | 0.90% | 0.66% | -3.39% | -6.10% | 1.10% | -10.42% | -3.46% | -17.12% |
| 2015 | 0.35% | 1.12% | -0.48% | 0.44% | 0.18% | -0.95% | -0.25% | -0.76% | -1.48% | 1.62% | -1.27% | -1.00% | -2.50% |
| 2014 | 0.20% | 1.16% | -0.04% | 0.21% | 0.61% | 0.31% | -1.22% | 1.17% | -0.99% | 0.53% | -0.55% | -0.40% | 0.97% |
Expense Ratio
BOND + SOXS has an expense ratio of 0.78%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BOND + SOXS is 3, meaning it’s performing worse than 97% of other portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
SOXS Direxion Daily Semiconductor Bear 3x Shares | -0.38 | 0.29 | 1.04 | -0.48 | -1.25 |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 1.45 | 2.07 | 1.30 | 1.73 | 9.13 |
Dividends
Dividend yield
BOND + SOXS provided a 5.96% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 5.96% | 5.72% | 7.48% | 2.74% | 2.01% | 4.21% | 3.66% | 3.15% | 2.56% | 2.64% | 2.95% | 2.84% |
| Portfolio components: | ||||||||||||
SOXS Direxion Daily Semiconductor Bear 3x Shares | 6.04% | 5.43% | 9.21% | 0.19% | 0.00% | 3.55% | 2.32% | 0.76% | 0.00% | 0.00% | 0.00% | 0.00% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 5.89% | 6.01% | 5.74% | 5.30% | 4.02% | 4.88% | 4.99% | 5.54% | 5.12% | 5.27% | 5.90% | 5.69% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the BOND + SOXS. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BOND + SOXS was 98.68%, occurring on Jul 10, 2024. The portfolio has not yet recovered.
The current BOND + SOXS drawdown is 98.61%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -98.68% | Aug 12, 2016 | 1989 | Jul 10, 2024 | — | — | — |
| -6.89% | Apr 16, 2015 | 209 | Feb 11, 2016 | 102 | Jul 8, 2016 | 311 |
| -5.12% | Jul 25, 2011 | 51 | Oct 4, 2011 | 14 | Oct 24, 2011 | 65 |
| -4.1% | Oct 28, 2011 | 19 | Nov 23, 2011 | 21 | Dec 23, 2011 | 40 |
| -3.58% | May 9, 2013 | 32 | Jun 24, 2013 | 111 | Nov 29, 2013 | 143 |
Volatility
Volatility Chart
The current BOND + SOXS volatility is 44.21%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 2 assets, with an effective number of assets of 2.00, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| ^GSPC | HYG | SOXS | Portfolio | |
|---|---|---|---|---|
| ^GSPC | 1.00 | 0.71 | -0.56 | -0.36 |
| HYG | 0.71 | 1.00 | -0.41 | -0.12 |
| SOXS | -0.56 | -0.41 | 1.00 | 0.93 |
| Portfolio | -0.36 | -0.12 | 0.93 | 1.00 |