SOXY's Sharpe Ratio of 2.99 indicates that for each unit of volatility, it generates 2.99 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 14, 2026).
Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.
SOXY Sharpe Ratio Rank
SOXY ranks above 95.0% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with low total volatility → Higher rank
- High volatility (both upside and downside) → Lower rank
- Consistent returns → Higher rank than volatile returns of same magnitude
- Sharp drawdowns increase volatility → Lower rank
What you can do with this information
- Suitable as a core holding given strong risk-adjusted returns
- Monitor rank changes to detect deteriorating return-to-volatility profile
- Exceptional Sharpe ratio supports larger position sizes
- Compare with category peers to assess whether strength is investment-specific or category-wide
SOXY Sharpe Ratio Market Positioning
The chart shows SOXY's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.
- Red zone (bottom 25%): 0.73 or lower
- Yellow zone (middle 50%): 0.73 to 1.90
- Green zone (top 25%): 1.90 or higher
- Top 1%: 6.53+
- Median: 1.39 — half of all investments score higher
How it compares to other similar ETFs
The table compares YieldMax Target 12™ Semiconductor Option Income ETF's Sharpe Ratio with other ETFs in the Derivative Income, Semiconductors category across multiple time periods, showing how SOXY's risk-adjusted performance compares to similar funds.
Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 14, 2026.
| Symbol | Name | 1Y Sharpe Ratio | 5Y Sharpe Ratio | 10Y Sharpe Ratio | All Time Sharpe Ratio |
|---|---|---|---|---|---|
| MUU | Direxion Daily MU Bull 2X Shares | 23.95 | |||
| CBNK.TO | Mulvihill Canadian Bank Enhanced Yield ETF | 5.78 | |||
| BANK.TO | Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund | 5.38 | |||
| HLIF.TO | Harvest Canadian Equity Income Leaders ETF Class A | 5.28 | |||
| ZWB.TO | BMO Covered Call Canadian Banks ETF | 5.00 | |||
| BKCL.TO | Global X Enhanced Equal Weight Canadian Banks Covered Call ETF | 4.71 | |||
| SOXL.L | Leverage Shares 4x Long Semiconductors ETP Securities | 4.60 | |||
| BKCC.TO | Global X Equal Weight Canadian Bank Covered Call ETF | 4.56 | |||
| 3119.HK | Global X Asia Semiconductor ETF | 4.37 | |||
| SEC0.DE | iShares MSCI Global Semiconductors UCITS ETF USD (Acc) | 4.29 | |||
| SOXY | YieldMax Target 12™ Semiconductor Option Income ETF | 2.99 |
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