BTOT vs. SOXX

Last updated Jun 5, 2026

BTOT (iShares Total USD Fixed Income Market ETF) and SOXX (iShares Semiconductor ETF) are both exchange-traded funds - BTOT is a Total Bond Market fund tracking the Bloomberg US Total Fixed Income Market Index, while SOXX is a Semiconductors fund tracking the NYSE Semiconductor Index. Both are passively managed. At a 0.30 correlation, their price movements are largely independent. BTOT charges 0.09%/yr vs 0.34%/yr for SOXX.

Performance

BTOT vs. SOXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Total USD Fixed Income Market ETF (BTOT) and iShares Semiconductor ETF (SOXX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BTOT achieves a 0.53% return, which is significantly lower than SOXX's 100.26% return.

BTOT

• 1D: 0.13%
• 1M: 0.22%
• YTD: 0.53%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXX

• 1D: -2.10%
• 1M: 24.86%
• YTD: 100.26%
• 6M: 97.20%
• 1Y: 179.78%
• 3Y*: 57.09%
• 5Y*: 33.93%
• 10Y*: 35.54%

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

BTOT vs. SOXX - Yearly Performance Comparison

	2026 (YTD)	2025
BTOT iShares Total USD Fixed Income Market ETF	0.53%	0.31%
SOXX iShares Semiconductor ETF	100.26%	-4.11%

Correlation

The correlation between BTOT and SOXX is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 12, 2025	0.30

Return for Risk

BTOT vs. SOXX — Risk / Return Rank

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

SOXX

SOXX Risk / Return Rank: 96
SOXX Sharpe Ratio Rank: 98
SOXX Sortino Ratio Rank: 95
SOXX Omega Ratio Rank: 95
SOXX Calmar Ratio Rank: 97
SOXX Martin Ratio Rank: 97

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.

BTOT vs. SOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Total USD Fixed Income Market ETF (BTOT) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BTOT	SOXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.29	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.94	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.44	+0.04

Drawdowns

BTOT vs. SOXX - Drawdown Comparison

The maximum BTOT drawdown since its inception was -2.36%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for BTOT and SOXX.

Drawdown Indicators

	BTOT	SOXX	Difference
Max Drawdown Largest peak-to-trough decline	-2.36%	-70.21%	+67.85%
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 Drawdown Current decline from peak	-1.05%	-2.10%	+1.05%
Average Drawdown Average peak-to-trough decline	-0.77%	-19.97%	+19.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.11%	—

Volatility

Volatility by Period

	BTOT	SOXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.08%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.45%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.69%	34.20%	-30.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.69%	36.11%	-32.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.69%	33.43%	-29.74%

BTOT vs. SOXX - Expense Ratio Comparison

BTOT has a 0.09% expense ratio, which is lower than SOXX's 0.34% expense ratio.

Dividends

BTOT vs. SOXX - Dividend Comparison

BTOT's dividend yield for the trailing twelve months is around 2.12%, more than SOXX's 0.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BTOT iShares Total USD Fixed Income Market ETF	2.12%	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SOXX iShares Semiconductor ETF	0.28%	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

Can I hold both BTOT and SOXX in my portfolio?

BTOT and SOXX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BTOT or SOXX?

On fees, BTOT is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BTOT or SOXX?

BTOT is cheaper with a 0.09% expense ratio, compared with 0.34% for SOXX.

Which ETF pays a higher dividend yield, BTOT or SOXX?

BTOT has the higher dividend yield at 2.12%, compared with 0.28% for SOXX.

What is the main difference between BTOT and SOXX?

BTOT is categorized as Total Bond Market, while SOXX is Semiconductors. BTOT tracks Bloomberg US Total Fixed Income Market Index, while SOXX tracks NYSE Semiconductor Index. Their fees differ too: 0.09% for BTOT and 0.34% for SOXX.