EATV vs. SOXX
Compare and contrast key facts about VegTech Plant-based Innovation & Climate ETF (EATV) and iShares PHLX Semiconductor ETF (SOXX).
EATV and SOXX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EATV is managed by VegTech. It was launched on Dec 28, 2021. SOXX is a passively managed fund by iShares that tracks the performance of the PHLX Semiconductor Sector Index. It was launched on Jul 10, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EATV or SOXX.
Key characteristics
| EATV | SOXX | |
|---|---|---|
| YTD Return | 2.38% | 13.92% |
| 1Y Return | -2.65% | 62.57% |
| Sharpe Ratio | -0.13 | 2.31 |
| Daily Std Dev | 16.65% | 28.37% |
| Max Drawdown | -43.96% | -69.65% |
| Current Drawdown | -34.81% | -7.98% |
Correlation
The correlation between EATV and SOXX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EATV vs. SOXX - Performance Comparison
In the year-to-date period, EATV achieves a 2.38% return, which is significantly lower than SOXX's 13.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EATV vs. SOXX - Expense Ratio Comparison
EATV has a 0.75% expense ratio, which is higher than SOXX's 0.46% expense ratio.
Risk-Adjusted Performance
EATV vs. SOXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VegTech Plant-based Innovation & Climate ETF (EATV) and iShares PHLX 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.
Dividends
EATV vs. SOXX - Dividend Comparison
EATV's dividend yield for the trailing twelve months is around 0.84%, less than SOXX's 1.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EATV VegTech Plant-based Innovation & Climate ETF | 0.84% | 0.86% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SOXX iShares PHLX Semiconductor ETF | 1.68% | 2.35% | 3.76% | 1.91% | 2.43% | 3.70% | 4.11% | 2.70% | 3.23% | 3.86% | 4.69% | 3.55% |
Drawdowns
EATV vs. SOXX - Drawdown Comparison
The maximum EATV drawdown since its inception was -43.96%, smaller than the maximum SOXX drawdown of -69.65%. Use the drawdown chart below to compare losses from any high point for EATV and SOXX. For additional features, visit the drawdowns tool.
Volatility
EATV vs. SOXX - Volatility Comparison
The current volatility for VegTech Plant-based Innovation & Climate ETF (EATV) is 4.42%, while iShares PHLX Semiconductor ETF (SOXX) has a volatility of 9.27%. This indicates that EATV 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.