^SOX vs. ^NDXT

Last updated Apr 2, 2026

Compare and contrast key facts about PHLX Semiconductor Index (^SOX) and NASDAQ 100 Technology Sector Index (^NDXT).

Performance

^SOX vs. ^NDXT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PHLX Semiconductor Index (^SOX) and NASDAQ 100 Technology Sector Index (^NDXT). The values are adjusted to include any dividend payments, if applicable.

^SOX vs. ^NDXT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^SOX PHLX Semiconductor Index	10.15%	42.23%	19.27%	64.90%	-35.83%	41.16%	51.14%	60.12%	-7.81%	38.23%
^NDXT NASDAQ 100 Technology Sector Index	-4.75%	22.46%	7.13%	66.70%	-39.93%	26.98%	38.17%	47.28%	-5.49%	36.68%

Returns By Period

In the year-to-date period, ^SOX achieves a 10.15% return, which is significantly higher than ^NDXT's -4.75% return. Over the past 10 years, ^SOX has outperformed ^NDXT with an annualized return of 27.61%, while ^NDXT has yielded a comparatively lower 17.68% annualized return.

^SOX

• 1D: 2.82%
• 1M: -4.12%
• YTD: 10.15%
• 6M: 20.03%
• 1Y: 82.19%
• 3Y*: 34.16%
• 5Y*: 19.22%
• 10Y*: 27.61%

^NDXT

• 1D: 1.47%
• 1M: -2.35%
• YTD: -4.75%
• 6M: -5.31%
• 1Y: 25.44%
• 3Y*: 18.89%
• 5Y*: 8.13%
• 10Y*: 17.68%

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

Return for Risk

^SOX vs. ^NDXT — Risk / Return Rank

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

^SOX

^SOX Risk / Return Rank: 96
^SOX Sharpe Ratio Rank: 95
^SOX Sortino Ratio Rank: 95
^SOX Omega Ratio Rank: 94
^SOX Calmar Ratio Rank: 97
^SOX Martin Ratio Rank: 97

^NDXT

^NDXT Risk / Return Rank: 59
^NDXT Sharpe Ratio Rank: 54
^NDXT Sortino Ratio Rank: 59
^NDXT Omega Ratio Rank: 56
^NDXT Calmar Ratio Rank: 68
^NDXT Martin Ratio Rank: 59

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.

^SOX vs. ^NDXT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PHLX Semiconductor Index (^SOX) and NASDAQ 100 Technology Sector Index (^NDXT). 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.

	^SOX	^NDXT	Difference
Sharpe ratio Return per unit of total volatility	2.05	0.85	+1.21
Sortino ratio Return per unit of downside risk	2.65	1.39	+1.26
Omega ratio Gain probability vs. loss probability	1.38	1.19	+0.19
Calmar ratio Return relative to maximum drawdown	4.72	1.65	+3.07
Martin ratio Return relative to average drawdown	17.25	5.04	+12.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^SOX vs. ^NDXT - Sharpe Ratio Comparison

The current ^SOX Sharpe Ratio is 2.05, which is higher than the ^NDXT Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of ^SOX and ^NDXT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	^SOX	^NDXT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	0.85	+1.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.28	+0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.83	0.64	+0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.50	-0.12

Correlation

The correlation between ^SOX and ^NDXT is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Drawdowns

^SOX vs. ^NDXT - Drawdown Comparison

The maximum ^SOX drawdown since its inception was -87.15%, which is greater than ^NDXT's maximum drawdown of -59.34%. Use the drawdown chart below to compare losses from any high point for ^SOX and ^NDXT.

Drawdown Indicators

	^SOX	^NDXT	Difference
Max Drawdown Largest peak-to-trough decline	-87.15%	-59.34%	-27.81%
Max Drawdown (1Y) Largest decline over 1 year	-17.54%	-16.08%	-1.46%
Max Drawdown (5Y) Largest decline over 5 years	-46.47%	-45.71%	-0.76%
Max Drawdown (10Y) Largest decline over 10 years	-46.47%	-45.71%	-0.76%
Current Drawdown Current decline from peak	-7.86%	-11.12%	+3.26%
Average Drawdown Average peak-to-trough decline	-39.68%	-9.95%	-29.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.79%	5.25%	-0.46%

Volatility

^SOX vs. ^NDXT - Volatility Comparison

PHLX Semiconductor Index (^SOX) has a higher volatility of 12.76% compared to NASDAQ 100 Technology Sector Index (^NDXT) at 8.64%. This indicates that ^SOX's price experiences larger fluctuations and is considered to be riskier than ^NDXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^SOX	^NDXT	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.76%	8.64%	+4.12%
Volatility (6M) Calculated over the trailing 6-month period	26.48%	18.53%	+7.95%
Volatility (1Y) Calculated over the trailing 1-year period	40.29%	30.23%	+10.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.89%	29.48%	+6.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.48%	27.71%	+5.77%