ARVR vs. SOXX
ARVR (First Trust Indxx Metaverse ETF) and SOXX (iShares Semiconductor ETF) are both exchange-traded funds - ARVR is a Technology Equities fund tracking the Indxx Metaverse Index - Benchmark TR Net, while SOXX is a Semiconductors fund tracking the NYSE Semiconductor Index. Both are passively managed. Over the past 3 years, ARVR returned 22.77%/yr vs 56.18%/yr for SOXX. Their correlation of 0.86 suggests significant overlap in exposure. ARVR charges 0.70%/yr vs 0.34%/yr for SOXX.
Performance
ARVR vs. SOXX - Performance Comparison
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Returns By Period
In the year-to-date period, ARVR achieves a 13.47% return, which is significantly lower than SOXX's 100.58% return.
ARVR
- 1D
- -4.16%
- 1M
- -0.36%
- YTD
- 13.47%
- 6M
- 13.55%
- 1Y
- 23.99%
- 3Y*
- 22.77%
- 5Y*
- —
- 10Y*
- —
SOXX
- 1D
- -7.88%
- 1M
- 12.35%
- YTD
- 100.58%
- 6M
- 98.07%
- 1Y
- 167.63%
- 3Y*
- 56.18%
- 5Y*
- 33.69%
- 10Y*
- 36.08%
ARVR vs. SOXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ARVR First Trust Indxx Metaverse ETF | 13.47% | 29.07% | 10.11% | 43.39% | -17.45% |
SOXX iShares Semiconductor ETF | 100.58% | 40.74% | 12.92% | 67.12% | -18.73% |
Correlation
The correlation between ARVR and SOXX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2022 | 0.86 |
The correlation between ARVR and SOXX has been stable across timeframes, ranging from 0.81 to 0.86 - a consistent structural relationship.
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Return for Risk
ARVR vs. SOXX — Risk / Return Rank
ARVR
SOXX
ARVR vs. SOXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Metaverse ETF (ARVR) and iShares Semiconductor ETF (SOXX). 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.
| ARVR | SOXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.15 | ||
| Sortino ratioReturn per unit of downside risk | -2.57 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.60 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 10.70 | -9.34 |
| Martin ratioReturn relative to average drawdown | 4.05 | 38.46 | -34.41 |
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Drawdowns
ARVR vs. SOXX - Drawdown Comparison
The maximum ARVR drawdown since its inception was -26.40%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for ARVR and SOXX.
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Drawdown Indicators
| ARVR | SOXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.40% | -70.21% | +43.81% |
Max Drawdown (1Y)Largest decline over 1 year | -17.73% | -15.77% | -1.96% |
Max Drawdown (3Y)Largest decline over 3 years | -21.46% | -41.36% | +19.90% |
Max Drawdown (5Y)Largest decline over 5 years | — | -45.75% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.75% | — |
Current DrawdownCurrent decline from peak | -5.16% | -7.88% | +2.72% |
Average DrawdownAverage peak-to-trough decline | -5.87% | -19.94% | +14.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.93% | 4.38% | +1.55% |
Volatility
ARVR vs. SOXX - Volatility Comparison
The current volatility for First Trust Indxx Metaverse ETF (ARVR) is 10.82%, while iShares Semiconductor ETF (SOXX) has a volatility of 22.75%. This indicates that ARVR experiences smaller price fluctuations and is considered to be less risky than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARVR | SOXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.82% | 22.75% | -11.93% |
Volatility (6M)Calculated over the trailing 6-month period | 17.60% | 33.44% | -15.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.41% | 39.42% | -18.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.78% | 37.21% | -13.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.78% | 34.00% | -10.22% |
ARVR vs. SOXX - Expense Ratio Comparison
ARVR has a 0.70% expense ratio, which is higher than SOXX's 0.34% expense ratio.
Dividends
ARVR vs. SOXX - Dividend Comparison
ARVR's dividend yield for the trailing twelve months is around 0.47%, more than SOXX's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARVR First Trust Indxx Metaverse ETF | 0.47% | 0.53% | 0.81% | 0.11% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SOXX iShares Semiconductor ETF | 0.24% | 0.57% | 0.67% | 0.78% | 1.26% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% |
Frequently Asked Questions
ARVR and SOXX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOXX has higher volatility (22.75%) compared to ARVR (10.82%). In terms of maximum drawdown, ARVR dropped -26.40% vs SOXX's -70.21%.
On 3-year performance, SOXX leads with 56.18% vs 22.77% for ARVR. On fees, SOXX is cheaper at 0.34% per year. On volatility, ARVR has been the lower-risk option at 10.82%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, SOXX has performed better with a 56.18% return vs 22.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SOXX is cheaper with a 0.34% expense ratio, compared with 0.70% for ARVR.
ARVR has the higher dividend yield at 0.47%, compared with 0.24% for SOXX.
ARVR is categorized as Technology Equities, while SOXX is Semiconductors. ARVR tracks Indxx Metaverse Index - Benchmark TR Net, while SOXX tracks NYSE Semiconductor Index. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.70% for ARVR and 0.34% for SOXX.
SOXX currently has the higher Sharpe Ratio (4.28 vs 1.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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