CRM vs. SOXX

Last updated Jul 2, 2026

CRM (Salesforce, Inc.) is a stock, while SOXX (iShares Semiconductor ETF) is Semiconductors fund tracking the NYSE Semiconductor Index. Over the past 10 years, CRM returned 7.60%/yr vs 35.82%/yr for SOXX. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

CRM vs. SOXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Salesforce, Inc. (CRM) 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, CRM achieves a -38.07% return, which is significantly lower than SOXX's 99.35% return. Over the past 10 years, CRM has underperformed SOXX with an annualized return of 7.60%, while SOXX has yielded a comparatively higher 35.82% annualized return.

CRM

• 1D: 4.19%
• 1M: -21.92%
• YTD: -38.07%
• 6M: -38.07%
• 1Y: -39.46%
• 3Y*: -7.71%
• 5Y*: -7.72%
• 10Y*: 7.60%

SOXX

• 1D: -6.41%
• 1M: 4.91%
• YTD: 99.35%
• 6M: 99.35%
• 1Y: 153.56%
• 3Y*: 53.52%
• 5Y*: 32.97%
• 10Y*: 35.82%

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

CRM vs. SOXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CRM Salesforce, Inc.	-38.07%	-20.25%	27.76%	98.46%	-47.83%	14.20%	36.82%	18.74%	33.98%	49.33%
SOXX iShares Semiconductor ETF	99.35%	40.74%	12.92%	67.12%	-35.09%	44.09%	52.72%	62.42%	-6.49%	39.79%

Correlation

The correlation between CRM and SOXX is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (10Y) Calculated over the trailing 10-year period	0.49
Correlation (All Time) Calculated using the full available price history since Jun 23, 2004	0.52

The correlation between CRM and SOXX shifts across timeframes, from -0.07 (1 year) to 0.52 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CRM vs. SOXX — Risk / Return Rank

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

CRM

CRM Risk / Return Rank: 6
CRM Sharpe Ratio Rank: 5
CRM Sortino Ratio Rank: 7
CRM Omega Ratio Rank: 9
CRM Calmar Ratio Rank: 8
CRM Martin Ratio Rank: 3

SOXX

SOXX Risk / Return Rank: 95
SOXX Sharpe Ratio Rank: 97
SOXX Sortino Ratio Rank: 92
SOXX Omega Ratio Rank: 92
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.

CRM vs. SOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Salesforce, Inc. (CRM) 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.

	CRM	SOXX	Difference
Sharpe ratio: Return per unit of total volatility	-1.02	3.78	-4.81
Sortino ratio: Return per unit of downside risk	-1.48	3.76	-5.23
Omega ratio: Gain probability vs. loss probability	0.83	1.53	-0.71
Calmar ratio: Return relative to maximum drawdown	-0.89	9.80	-10.69
Martin ratio: Return relative to average drawdown	-1.73	34.18	-35.91

CRM vs. SOXX - Sharpe Ratio Comparison

The current CRM Sharpe Ratio is -1.02, which is lower than the SOXX Sharpe Ratio of 3.78. The chart below compares the historical Sharpe Ratios of CRM and SOXX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CRM vs. SOXX - Drawdown Comparison

The maximum CRM drawdown since its inception was -70.50%, roughly equal to the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for CRM and SOXX.

Drawdown Indicators

	CRM	SOXX	Difference
Max Drawdown Largest peak-to-trough decline	-70.50%	-70.21%	-0.29%
Max Drawdown (1Y) Largest decline over 1 year	-44.68%	-15.77%	-28.91%
Max Drawdown (3Y) Largest decline over 3 years	-58.67%	-41.36%	-17.31%
Max Drawdown (5Y) Largest decline over 5 years	-58.67%	-45.75%	-12.92%
Max Drawdown (10Y) Largest decline over 10 years	-58.67%	-45.75%	-12.92%
Current Drawdown Current decline from peak	-55.06%	-8.44%	-46.62%
Average Drawdown Average peak-to-trough decline	-16.23%	-19.92%	+3.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.87%	4.51%	+18.36%

Volatility

CRM vs. SOXX - Volatility Comparison

The current volatility for Salesforce, Inc. (CRM) is 11.78%, while iShares Semiconductor ETF (SOXX) has a volatility of 24.78%. This indicates that CRM 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.

Volatility by Period

	CRM	SOXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.78%	24.78%	-13.00%
Volatility (6M) Calculated over the trailing 6-month period	32.58%	35.25%	-2.67%
Volatility (1Y) Calculated over the trailing 1-year period	38.76%	40.83%	-2.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.28%	37.52%	-0.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.44%	34.13%	+1.31%

Dividends

CRM vs. SOXX - Dividend Comparison

CRM's dividend yield for the trailing twelve months is around 1.05%, more than SOXX's 0.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRM Salesforce, Inc.	1.05%	0.63%	0.48%	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

Can I hold both CRM and SOXX in my portfolio?

CRM and SOXX have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRM or SOXX?

SOXX has higher volatility (24.78%) compared to CRM (11.78%). In terms of maximum drawdown, CRM dropped -70.50% vs SOXX's -70.21%.

Which has better risk-adjusted returns?

SOXX currently has the higher Sharpe Ratio (3.78 vs -1.02), 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.