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CAIE vs. SOXX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CAIE vs. SOXX

Last updated Jun 16, 2026

CAIE (Calamos Autocallable Income ETF) and SOXX (iShares Semiconductor ETF) are both exchange-traded funds - CAIE is a Derivative Income fund tracking the MerQube US Large Cap Vol Advantage Autocallable Index, while SOXX is a Semiconductors fund tracking the NYSE Semiconductor Index. Both are passively managed. A 0.64 correlation means they provide meaningful diversification when combined. CAIE charges 0.74%/yr vs 0.34%/yr for SOXX.

Performance

CAIE vs. SOXX - Performance Comparison

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

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Returns By Period

In the year-to-date period, CAIE achieves a 8.63% return, which is significantly lower than SOXX's 108.91% return.

CAIE

1D
1.15%
1M
1.01%
YTD
8.63%
6M
9.20%
1Y
—
3Y*
—
5Y*
—
10Y*
—

SOXX

1D
5.45%
1M
23.64%
YTD
108.91%
6M
111.42%
1Y
186.37%
3Y*
55.91%
5Y*
35.21%
10Y*
36.39%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CAIE vs. SOXX - Yearly Performance Comparison

2026 (YTD)2025
CAIE
Calamos Autocallable Income ETF		8.63%15.12%
SOXX
iShares Semiconductor ETF		108.91%28.55%

Correlation

The correlation between CAIE and SOXX is 0.64, 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 Jun 25, 2025

0.64

CAIE vs. SOXX - Sectors Allocation Comparison

Sectors
CAIE
SOXX

Basic Materials

13.2%

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

-

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

100.0%

Utilities

-

-

Basic Materials

CAIE
13.2%
SOXX

-

Communication Services

CAIE

-

SOXX

-

Consumer Cyclical

CAIE

-

SOXX

-

Consumer Defensive

CAIE

-

SOXX

-

Energy

CAIE

-

SOXX

-

Financial Services

CAIE

-

SOXX

-

Healthcare

CAIE

-

SOXX

-

Industrials

CAIE

-

SOXX

-

Real Estate

CAIE

-

SOXX

-

Technology

CAIE

-

SOXX
100.0%

Utilities

CAIE

-

SOXX

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Calamos Autocallable Income ETF

iShares Semiconductor ETF

Often compared with CAIE:
CAIE vs. CMPCAIE vs. SPYCAIE vs. CAIQCAIE vs. SBARCAIE vs. SPYICAIE vs. XVCAIE vs. GPIQ
Often compared with SOXX:
SOXX vs. SMHSOXX vs. QQQSOXX vs. SOXLSOXX vs. SOXQSOXX vs. FSELXSOXX vs. VGTSOXX vs. VOO

Return for Risk

CAIE vs. SOXX — Risk / Return Rank

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

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

SOXX
SOXX Risk / Return Rank: 9797
Overall Rank
SOXX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
SOXX Sortino Ratio Rank: 9595
Sortino Ratio Rank
SOXX Omega Ratio Rank: 9595
Omega Ratio Rank
SOXX Calmar Ratio Rank: 9898
Calmar Ratio Rank
SOXX Martin Ratio Rank: 9797
Martin Ratio Rank
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.

CAIE vs. SOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calamos Autocallable Income ETF (CAIE) 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.

CAIESOXXDifference
Sharpe ratioReturn per unit of total volatility

—

4.99

—

Sortino ratioReturn per unit of downside risk

—

4.74

—

Omega ratioGain probability vs. loss probability

—

1.68

—

Calmar ratioReturn relative to maximum drawdown

—

11.90

—

Martin ratioReturn relative to average drawdown

—

43.29

—

CAIE vs. SOXX - Sharpe Ratio Comparison

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Drawdowns

CAIE vs. SOXX - Drawdown Comparison

The maximum CAIE drawdown since its inception was -7.73%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for CAIE and SOXX.

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Drawdown Indicators

CAIESOXXDifference

Max Drawdown

Largest peak-to-trough decline

-7.73%

-70.21%

+62.48%

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

-0.80%

0.00%

-0.80%

Average Drawdown

Average peak-to-trough decline

-1.08%

-19.95%

+18.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

4.32%

—

Volatility

CAIE vs. SOXX - Volatility Comparison

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Volatility by Period

CAIESOXXDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

19.99%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

31.81%

—

Volatility (1Y)

Calculated over the trailing 1-year period

12.08%

37.63%

-25.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.08%

36.81%

-24.73%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.08%

33.82%

-21.74%

CAIE vs. SOXX - Expense Ratio Comparison

CAIE has a 0.74% expense ratio, which is higher than SOXX's 0.34% expense ratio.

Dividends

CAIE vs. SOXX - Dividend Comparison

CAIE's dividend yield for the trailing twelve months is around 13.15%, more than SOXX's 0.31% yield.

PositionTTM20252024202320222021202020192018201720162015
CAIE
Calamos Autocallable Income ETF		13.15%7.46%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SOXX
iShares Semiconductor ETF		0.31%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

CAIE and SOXX have a correlation of 0.64, 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 0.74% for CAIE.

CAIE has the higher dividend yield at 13.15%, compared with 0.31% for SOXX.

CAIE is categorized as Derivative Income, while SOXX is Semiconductors. CAIE tracks MerQube US Large Cap Vol Advantage Autocallable Index, while SOXX tracks NYSE Semiconductor Index. They also come from different issuers: Calamos and iShares. Their fees differ too: 0.74% for CAIE and 0.34% for SOXX.

Portfolio Optimizer

Find the right allocation for CAIE and SOXX

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