BTC-USD vs. SOXX
BTC-USD (Bitcoin) is a cryptocurrency, while SOXX (iShares Semiconductor ETF) is Semiconductors fund tracking the NYSE Semiconductor Index. Over the past 10 years, BTC-USD returned 57.32%/yr vs 35.55%/yr for SOXX. At a 0.13 correlation, their price movements are largely independent.
Performance
BTC-USD vs. SOXX - Performance Comparison
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Returns By Period
In the year-to-date period, BTC-USD achieves a -27.32% return, which is significantly lower than SOXX's 98.11% return. Over the past 10 years, BTC-USD has outperformed SOXX with an annualized return of 57.32%, while SOXX has yielded a comparatively lower 35.55% annualized return.
BTC-USD
- 1D
- 0.05%
- 1M
- -19.79%
- YTD
- -27.32%
- 6M
- -29.56%
- 1Y
- -39.85%
- 3Y*
- 34.86%
- 5Y*
- 10.27%
- 10Y*
- 57.32%
SOXX
- 1D
- 1.59%
- 1M
- 12.86%
- YTD
- 98.11%
- 6M
- 99.51%
- 1Y
- 164.50%
- 3Y*
- 53.00%
- 5Y*
- 33.69%
- 10Y*
- 35.55%
BTC-USD vs. SOXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BTC-USD Bitcoin | -27.32% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
SOXX iShares Semiconductor ETF | 98.11% | 40.74% | 12.92% | 67.12% | -35.09% | 44.09% | 52.72% | 62.42% | -6.49% | 39.79% |
Correlation
The correlation between BTC-USD and SOXX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2012 | 0.13 |
Over the past year, BTC-USD and SOXX have become more correlated (0.36) than their long-term average of 0.13, meaning their price movements have been converging.
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Return for Risk
BTC-USD vs. SOXX — Risk / Return Rank
BTC-USD
SOXX
BTC-USD vs. SOXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) 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.
| BTC-USD | SOXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.36 | ||
| Sortino ratioReturn per unit of downside risk | -5.68 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.62 | -0.75 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 10.50 | -11.28 |
| Martin ratioReturn relative to average drawdown | -1.36 | 38.20 | -39.56 |
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Drawdowns
BTC-USD vs. SOXX - Drawdown Comparison
The maximum BTC-USD drawdown since its inception was -85.30%, which is greater than SOXX's maximum drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for BTC-USD and SOXX.
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Drawdown Indicators
| BTC-USD | SOXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.30% | -70.21% | -15.09% |
Max Drawdown (1Y)Largest decline over 1 year | -51.21% | -15.77% | -35.44% |
Max Drawdown (3Y)Largest decline over 3 years | -51.21% | -41.36% | -9.85% |
Max Drawdown (5Y)Largest decline over 5 years | -76.67% | -45.75% | -30.92% |
Max Drawdown (10Y)Largest decline over 10 years | -83.80% | -45.75% | -38.05% |
Current DrawdownCurrent decline from peak | -49.01% | -3.16% | -45.85% |
Average DrawdownAverage peak-to-trough decline | -42.35% | -19.95% | -22.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.02% | 4.33% | +30.69% |
Volatility
BTC-USD vs. SOXX - Volatility Comparison
The current volatility for Bitcoin (BTC-USD) is 12.11%, while iShares Semiconductor ETF (SOXX) has a volatility of 19.42%. This indicates that BTC-USD 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
| BTC-USD | SOXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.11% | 19.42% | -7.31% |
Volatility (6M)Calculated over the trailing 6-month period | 34.59% | 31.46% | +3.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.62% | 37.35% | -1.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.71% | 36.73% | +7.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.62% | 33.77% | +22.85% |
Frequently Asked Questions
BTC-USD and SOXX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOXX has higher volatility (19.42%) compared to BTC-USD (12.11%). In terms of maximum drawdown, BTC-USD dropped -85.30% vs SOXX's -70.21%.
SOXX currently has the higher Sharpe Ratio (4.43 vs -0.93), 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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