SOLARINDS.NS vs. SOXL.L

Last updated Jul 21, 2026

SOLARINDS.NS (Solar Industries India Limited) is a stock, while SOXL.L (Leverage Shares 4x Long Semiconductors ETP Securities) is Leveraged Equities fund tracking the NYSE Semiconductor Index. Over the past year, SOLARINDS.NS returned 27.65% vs 426.39% for SOXL.L. At a 0.13 correlation, their price movements are largely independent.

Performance

SOLARINDS.NS vs. SOXL.L - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Solar Industries India Limited (SOLARINDS.NS) and Leverage Shares 4x Long Semiconductors ETP Securities (SOXL.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SOLARINDS.NS is traded in INR, while SOXL.L is traded in USD. To make them comparable, the SOXL.L values have been converted to INR using the latest available exchange rates.

Returns By Period

In the year-to-date period, SOLARINDS.NS achieves a 55.31% return, which is significantly lower than SOXL.L's 227.50% return.

SOLARINDS.NS

• 1D: 3.04%
• 1M: 5.41%
• 6M: 47.22%
• YTD: 55.31%
• 1Y: 27.65%
• 3Y*: 71.52%
• 5Y*: 64.57%
• 10Y*: 40.21%
• ALL TIME*: 47.20%

SOXL.L

• 1D: 0.00%
• 1M: -66.12%
• 6M: 109.78%
• YTD: 227.50%
• 1Y: 426.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 26.87%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SOLARINDS.NS vs. SOXL.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SOLARINDS.NS Solar Industries India Limited	55.31%	25.31%	13.08%
SOXL.L Leverage Shares 4x Long Semiconductors ETP Securities	227.50%	16.74%	-54.99%

Correlation

The correlation between SOLARINDS.NS and SOXL.L is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (All Time) Calculated using the full available price history since Apr 8, 2024	0.13

Return for Risk

SOLARINDS.NS vs. SOXL.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SOLARINDS.NS

SOLARINDS.NS Risk / Return Rank: 70
SOLARINDS.NS Sharpe Ratio Rank: 73
SOLARINDS.NS Sortino Ratio Rank: 70
SOLARINDS.NS Omega Ratio Rank: 66
SOLARINDS.NS Calmar Ratio Rank: 71
SOLARINDS.NS Martin Ratio Rank: 71

SOXL.L

SOXL.L Risk / Return Rank: 88
SOXL.L Sharpe Ratio Rank: 92
SOXL.L Sortino Ratio Rank: 82
SOXL.L Omega Ratio Rank: 79
SOXL.L Calmar Ratio Rank: 95
SOXL.L Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SOLARINDS.NS vs. SOXL.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Solar Industries India Limited (SOLARINDS.NS) and Leverage Shares 4x Long Semiconductors ETP Securities (SOXL.L). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SOLARINDS.NS	SOXL.L	Difference
Sharpe ratio: Return per unit of total volatility	0.88	2.83	-1.95
Sortino ratio: Return per unit of downside risk	1.49	2.90	-1.41
Omega ratio: Gain probability vs. loss probability	1.17	1.36	-0.19
Calmar ratio: Return relative to maximum drawdown	1.30	6.47	-5.17
Martin ratio: Return relative to average drawdown	2.99	19.95	-16.96

SOLARINDS.NS vs. SOXL.L - Sharpe Ratio Comparison

The current SOLARINDS.NS Sharpe Ratio is 0.88, which is lower than the SOXL.L Sharpe Ratio of 2.83. The chart below compares the historical Sharpe Ratios of SOLARINDS.NS and SOXL.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SOLARINDS.NS vs. SOXL.L - Drawdown Comparison

The maximum SOLARINDS.NS drawdown since its inception was -34.27%, smaller than the maximum SOXL.L drawdown of -95.52%. Use the drawdown chart below to compare losses from any high point for SOLARINDS.NS and SOXL.L.

Drawdown Indicators

	SOLARINDS.NS	SOXL.L	Difference
Max Drawdown Largest peak-to-trough decline	-34.27%	-95.52%	+61.25%
Max Drawdown (1Y) Largest decline over 1 year	-22.04%	-69.12%	+47.08%
Max Drawdown (3Y) Largest decline over 3 years	-33.07%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.07%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.27%	—	—
Current Drawdown Current decline from peak	0.00%	-69.12%	+69.12%
Average Drawdown Average peak-to-trough decline	-9.78%	-58.57%	+48.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.84%	22.37%	-9.53%

Volatility

SOLARINDS.NS vs. SOXL.L - Volatility Comparison

The current volatility for Solar Industries India Limited (SOLARINDS.NS) is 10.00%, while Leverage Shares 4x Long Semiconductors ETP Securities (SOXL.L) has a volatility of 74.31%. This indicates that SOLARINDS.NS experiences smaller price fluctuations and is considered to be less risky than SOXL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOLARINDS.NS	SOXL.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.00%	74.31%	-64.31%
Volatility (6M) Calculated over the trailing 6-month period	25.62%	133.77%	-108.15%
Volatility (1Y) Calculated over the trailing 1-year period	32.50%	158.28%	-125.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.43%	145.73%	-109.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.54%	145.73%	-114.19%

Dividends

SOLARINDS.NS vs. SOXL.L - Dividend Comparison

Neither SOLARINDS.NS nor SOXL.L has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SOLARINDS.NS Solar Industries India Limited	0.00%	0.08%	0.09%	0.12%	0.17%	0.25%	0.55%	0.66%	0.55%	0.42%	2.00%	2.55%
SOXL.L Leverage Shares 4x Long Semiconductors ETP Securities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SOLARINDS.NS and SOXL.L in my portfolio?

SOLARINDS.NS and SOXL.L have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.