ESMV vs. SOXQ
Compare and contrast key facts about iShares ESG MSCI USA Min Vol Factor ETF (ESMV) and Invesco PHLX Semiconductor ETF (SOXQ).
ESMV and SOXQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESMV is a passively managed fund by iShares that tracks the performance of the MSCI USA Minimum Volatility Extended ESG Reduced Carbon Target Index - Benchmark TR Gross. It was launched on Nov 2, 2021. SOXQ is a passively managed fund by Invesco that tracks the performance of the PHLX / Semiconductor. It was launched on Jun 11, 2021. Both ESMV and SOXQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ESMV or SOXQ.
Correlation
The correlation between ESMV and SOXQ is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ESMV vs. SOXQ - Performance Comparison
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Key characteristics
ESMV:
0.75
SOXQ:
0.00
ESMV:
1.22
SOXQ:
0.33
ESMV:
1.17
SOXQ:
1.04
ESMV:
0.92
SOXQ:
0.01
ESMV:
3.25
SOXQ:
0.03
ESMV:
3.43%
SOXQ:
16.82%
ESMV:
13.45%
SOXQ:
45.02%
ESMV:
-19.77%
SOXQ:
-46.01%
ESMV:
-3.66%
SOXQ:
-18.66%
Returns By Period
In the year-to-date period, ESMV achieves a 3.01% return, which is significantly higher than SOXQ's -3.82% return.
ESMV
3.01%
3.98%
-2.56%
9.98%
N/A
N/A
SOXQ
-3.82%
19.87%
-6.83%
0.15%
N/A
N/A
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ESMV vs. SOXQ - Expense Ratio Comparison
ESMV has a 0.18% expense ratio, which is higher than SOXQ's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
ESMV vs. SOXQ — Risk-Adjusted Performance Rank
ESMV
SOXQ
ESMV vs. SOXQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG MSCI USA Min Vol Factor ETF (ESMV) and Invesco PHLX Semiconductor ETF (SOXQ). 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.
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Dividends
ESMV vs. SOXQ - Dividend Comparison
ESMV's dividend yield for the trailing twelve months is around 1.61%, while SOXQ has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
ESMV iShares ESG MSCI USA Min Vol Factor ETF | 1.61% | 1.72% | 1.75% | 1.66% |
SOXQ Invesco PHLX Semiconductor ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ESMV vs. SOXQ - Drawdown Comparison
The maximum ESMV drawdown since its inception was -19.77%, smaller than the maximum SOXQ drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for ESMV and SOXQ. For additional features, visit the drawdowns tool.
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Volatility
ESMV vs. SOXQ - Volatility Comparison
The current volatility for iShares ESG MSCI USA Min Vol Factor ETF (ESMV) is 4.40%, while Invesco PHLX Semiconductor ETF (SOXQ) has a volatility of 11.48%. This indicates that ESMV experiences smaller price fluctuations and is considered to be less risky than SOXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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