BFLX vs. SOXX
BFLX (iShares Flexible Equity Active ETF) and SOXX (iShares Semiconductor ETF) are both exchange-traded funds - BFLX is a Long-Short fund actively managed by iShares, while SOXX is a Semiconductors fund tracking the NYSE Semiconductor Index. BFLX is actively managed, while SOXX is passively managed. A 0.78 correlation means they provide meaningful diversification when combined. BFLX charges 0.40%/yr vs 0.34%/yr for SOXX.
Performance
BFLX vs. SOXX - Performance Comparison
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Returns By Period
BFLX
- 1D
- 0.76%
- 1M
- -0.90%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SOXX
- 1D
- 4.14%
- 1M
- 8.01%
- YTD
- 104.22%
- 6M
- 101.43%
- 1Y
- 158.40%
- 3Y*
- 54.76%
- 5Y*
- 33.39%
- 10Y*
- 36.14%
BFLX vs. SOXX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BFLX iShares Flexible Equity Active ETF | 0.36% |
SOXX iShares Semiconductor ETF | 23.74% |
Correlation
The correlation between BFLX and SOXX is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 20, 2026 | 0.78 |
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Return for Risk
BFLX vs. SOXX — Risk / Return Rank
BFLX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SOXX
BFLX vs. SOXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Flexible Equity Active ETF (BFLX) 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.
| BFLX | SOXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.56 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 10.11 | — |
| Martin ratioReturn relative to average drawdown | — | 35.52 | — |
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Drawdowns
BFLX vs. SOXX - Drawdown Comparison
The maximum BFLX drawdown since its inception was -3.85%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for BFLX and SOXX.
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Drawdown Indicators
| BFLX | SOXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.85% | -70.21% | +66.36% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.77% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -41.36% | — |
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 | -2.39% | -6.21% | +3.82% |
Average DrawdownAverage peak-to-trough decline | -1.04% | -19.93% | +18.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.48% | — |
Volatility
BFLX vs. SOXX - Volatility Comparison
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Volatility by Period
| BFLX | SOXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 23.41% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 34.32% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.10% | 40.15% | -25.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.10% | 37.36% | -22.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.10% | 34.05% | -18.95% |
BFLX vs. SOXX - Expense Ratio Comparison
BFLX has a 0.40% expense ratio, which is higher than SOXX's 0.34% expense ratio.
Dividends
BFLX vs. SOXX - Dividend Comparison
BFLX has not paid dividends to shareholders, while SOXX's dividend yield for the trailing twelve months is around 0.24%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BFLX iShares Flexible Equity Active ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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
BFLX and SOXX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SOXX is cheaper at 0.34% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SOXX is cheaper with a 0.34% expense ratio, compared with 0.40% for BFLX.
SOXX has the higher dividend yield at 0.24%, compared with 0.00% for BFLX.
BFLX is categorized as Long-Short, while SOXX is Semiconductors. Their fees differ too: 0.40% for BFLX and 0.34% for SOXX.
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