FOTO vs. SOXX

Last updated Aug 4, 2026

FOTO (Tuttle Capital Pure Play Photonics ETF) and SOXX (iShares Semiconductor ETF) are both exchange-traded funds - FOTO is a Technology Equities fund actively managed by Tuttle, while SOXX is a Semiconductors fund tracking the NYSE Semiconductor Index. FOTO is actively managed, while SOXX is passively managed. Their correlation of 0.86 means they have usually moved in the same direction. FOTO charges 0.75%/yr vs 0.34%/yr for SOXX.

Performance

FOTO vs. SOXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tuttle Capital Pure Play Photonics ETF (FOTO) and iShares Semiconductor ETF (SOXX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FOTO

• 1D: 4.81%
• 1M: -7.92%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SOXX

• 1D: 0.55%
• 1M: -10.35%
• 6M: 44.10%
• YTD: 68.76%
• 1Y: 114.99%
• 3Y*: 44.68%
• 5Y*: 27.63%
• 10Y*: 31.96%
• ALL TIME*: 13.85%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FOTO Tuttle Capital Pure Play Photonics ETF	$6.45M	$6.59M	$20.09M
SOXX iShares Semiconductor ETF	$6.22B	$5.65B	$5.89B

FOTO vs. SOXX - Yearly Performance Comparison

	2026 (YTD)
FOTO Tuttle Capital Pure Play Photonics ETF	-23.30%
SOXX iShares Semiconductor ETF	-10.81%

Correlation

The correlation between FOTO and SOXX is 0.86, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.86

FOTO vs. SOXX - Sectors Allocation Comparison

Sectors	FOTO	SOXX
Technology	98.0%	100.0%
Basic Materials	2.0%	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

FOTO vs. SOXX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FOTO

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

SOXX

SOXX Risk / Return Rank: 90
SOXX Sharpe Ratio Rank: 94
SOXX Sortino Ratio Rank: 85
SOXX Omega Ratio Rank: 87
SOXX Calmar Ratio Rank: 91
SOXX Martin Ratio Rank: 92

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FOTO vs. SOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Pure Play Photonics ETF (FOTO) 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.

	FOTO	SOXX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.61	—
Sortino ratio: Return per unit of downside risk	—	2.89	—
Omega ratio: Gain probability vs. loss probability	—	1.39	—
Calmar ratio: Return relative to maximum drawdown	—	3.99	—
Martin ratio: Return relative to average drawdown	—	16.43	—

Drawdowns

FOTO vs. SOXX - Drawdown Comparison

The maximum FOTO drawdown since its inception was -41.14%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for FOTO and SOXX.

Drawdown Indicators

	FOTO	SOXX	Difference
Max Drawdown Largest peak-to-trough decline	-41.14%	-70.21%	+29.07%
Max Drawdown (1Y) Largest decline over 1 year	—	-29.01%	—
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	-30.07%	-22.49%	-7.58%
Average Drawdown Average peak-to-trough decline	-19.66%	-19.92%	+0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.02%	—

Volatility

Volatility by Period

	FOTO	SOXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	17.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	38.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	80.72%	44.40%	+36.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.72%	38.25%	+42.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.72%	34.55%	+46.17%

FOTO vs. SOXX - Expense Ratio Comparison

FOTO has a 0.75% expense ratio, which is higher than SOXX's 0.34% expense ratio.

Dividends

FOTO vs. SOXX - Dividend Comparison

FOTO has not paid dividends to shareholders, while SOXX's dividend yield for the trailing twelve months is around 0.29%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FOTO Tuttle Capital Pure Play Photonics ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SOXX iShares Semiconductor ETF	0.29%	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 FOTO and SOXX in my portfolio?

FOTO and SOXX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FOTO or SOXX?

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.

Which ETF is cheaper, FOTO or SOXX?

SOXX is cheaper with a 0.34% expense ratio, compared with 0.75% for FOTO.

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

SOXX has the higher dividend yield at 0.29%, compared with 0.00% for FOTO.

What is the main difference between FOTO and SOXX?

FOTO is categorized as Technology Equities, while SOXX is Semiconductors. They also come from different issuers: Tuttle and iShares. Their fees differ too: 0.75% for FOTO and 0.34% for SOXX.