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The best indicator for Semiconductors (SOXX)

We backtested 20 indicators across daily, weekly and hourly charts on real Semiconductors (SOXX) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Trend · Weekly

Donchian Breakout

On the weekly chart, this is the strongest risk-adjusted edge we found for Semiconductors (SOXX) over ~25.0 years — trailing buy-and-hold by 1.4% CAGR.

12.8%
CAGR
0.74
Sharpe
-32.6%
Max DD
58.8%
Win rate
8.84
Profit factor
-1.4%
vs Buy&Hold
Best by timeframe

The winner on each chart

Weekly
Donchian Breakout
-1.4% · Sharpe 0.74
Daily
SMA 50/200 Cross
+0.6% · Sharpe 0.73
Full results

Every indicator, ranked

Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1Donchian Breakout Weekly12.8%0.74-32.6%58.8%17-1.4%
2SMA 50/200 Cross Daily14.8%0.73-34.3%68.8%160.6%
3EMA 50/200 Cross Daily13.4%0.67-34.3%71.4%14-0.8%
4Donchian Midline Weekly11.6%0.62-42.8%54.1%61-2.5%
5Rate of Change Weekly10.6%0.59-46.3%56.0%75-3.5%
6EMA 20/50 Cross Daily10.5%0.57-49.2%42.4%59-3.7%
7EMA-10 Trend Weekly9.3%0.53-42.2%50.9%114-4.9%
8RSI Trend (>50) Weekly9.0%0.52-50.3%56.2%73-5.1%
9Bollinger Breakout Weekly7.0%0.5-31.7%50.0%26-7.1%
10ADX / DMI Weekly7.1%0.49-38.6%47.5%40-7.0%
11MACD Weekly7.7%0.48-40.7%48.1%52-6.4%
12EMA 20/50 Cross Weekly10.6%0.57-44.6%66.7%12-3.5%
13Money Flow Index Daily7.1%0.42-55.5%72.7%33-7.1%
14Bollinger Mean-Reversion Daily5.9%0.4-54.6%67.6%105-8.3%

= held up out-of-sample. Hypothetical, costs included. See methodology.

What this means

For Semiconductors (SOXX), Donchian Breakout on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.

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