IFGL vs. SOXX

Last updated Jun 4, 2026

IFGL (iShares International Developed Real Estate ETF) and SOXX (iShares Semiconductor ETF) are both exchange-traded funds - IFGL is a REIT fund tracking the FTSE EPRA/NAREIT Developed Real Estate ex-U.S. Index, while SOXX is a Semiconductors fund tracking the NYSE Semiconductor Index. Both are passively managed. Over the past 10 years, IFGL returned 1.41%/yr vs 35.79%/yr for SOXX. A 0.52 correlation means they provide meaningful diversification when combined. IFGL charges 0.48%/yr vs 0.34%/yr for SOXX.

Performance

IFGL vs. SOXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares International Developed Real Estate ETF (IFGL) 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, IFGL achieves a -2.19% return, which is significantly lower than SOXX's 104.57% return. Over the past 10 years, IFGL has underperformed SOXX with an annualized return of 1.41%, while SOXX has yielded a comparatively higher 35.79% annualized return.

IFGL

• 1D: -1.17%
• 1M: -4.06%
• YTD: -2.19%
• 6M: -0.58%
• 1Y: 6.13%
• 3Y*: 6.59%
• 5Y*: -2.66%
• 10Y*: 1.41%

SOXX

• 1D: 1.76%
• 1M: 33.25%
• YTD: 104.57%
• 6M: 99.43%
• 1Y: 190.05%
• 3Y*: 57.39%
• 5Y*: 34.50%
• 10Y*: 35.79%

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

IFGL vs. SOXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IFGL iShares International Developed Real Estate ETF	-2.19%	24.31%	-7.25%	5.40%	-24.21%	8.29%	-7.62%	20.65%	-6.39%	20.00%
SOXX iShares Semiconductor ETF	104.57%	40.74%	12.92%	67.12%	-35.09%	44.09%	52.72%	62.42%	-6.49%	39.79%

Correlation

The correlation between IFGL and SOXX is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (10Y) Calculated over the trailing 10-year period	0.44
Correlation (All Time) Calculated using the full available price history since Dec 28, 2007	0.52

Over the past year, the correlation between IFGL and SOXX has dropped to 0.30 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.

IFGL vs. SOXX - Sectors Allocation Comparison

Sectors	IFGL	SOXX
Real Estate	98.9%	-
Technology	1.1%	100.0%
Consumer Cyclical	0.1%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Utilities	-	-

Return for Risk

IFGL vs. SOXX — Risk / Return Rank

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

IFGL

IFGL Risk / Return Rank: 15
IFGL Sharpe Ratio Rank: 16
IFGL Sortino Ratio Rank: 15
IFGL Omega Ratio Rank: 15
IFGL Calmar Ratio Rank: 14
IFGL Martin Ratio Rank: 15

SOXX

SOXX Risk / Return Rank: 97
SOXX Sharpe Ratio Rank: 98
SOXX Sortino Ratio Rank: 95
SOXX Omega Ratio Rank: 95
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.

IFGL vs. SOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares International Developed Real Estate ETF (IFGL) 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.

	IFGL	SOXX	Difference
Sharpe ratio: Return per unit of total volatility	0.45	5.61	-5.16
Sortino ratio: Return per unit of downside risk	0.74	5.36	-4.62
Omega ratio: Gain probability vs. loss probability	1.09	1.74	-0.65
Calmar ratio: Return relative to maximum drawdown	0.43	12.13	-11.70
Martin ratio: Return relative to average drawdown	1.32	46.43	-45.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IFGL vs. SOXX - Sharpe Ratio Comparison

The current IFGL Sharpe Ratio is 0.45, which is lower than the SOXX Sharpe Ratio of 5.61. The chart below compares the historical Sharpe Ratios of IFGL 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.

Sharpe Ratios by Period

	IFGL	SOXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.45	5.61	-5.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.16	0.96	-1.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.09	1.07	-0.99
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.45	-0.41

Drawdowns

IFGL vs. SOXX - Drawdown Comparison

The maximum IFGL drawdown since its inception was -67.94%, roughly equal to the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for IFGL and SOXX.

Drawdown Indicators

	IFGL	SOXX	Difference
Max Drawdown Largest peak-to-trough decline	-67.94%	-70.21%	+2.27%
Max Drawdown (1Y) Largest decline over 1 year	-14.38%	-15.77%	+1.39%
Max Drawdown (3Y) Largest decline over 3 years	-18.77%	-41.36%	+22.59%
Max Drawdown (5Y) Largest decline over 5 years	-38.47%	-45.75%	+7.28%
Max Drawdown (10Y) Largest decline over 10 years	-40.38%	-45.75%	+5.37%
Current Drawdown Current decline from peak	-14.94%	0.00%	-14.94%
Average Drawdown Average peak-to-trough decline	-16.68%	-19.97%	+3.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.65%	4.11%	+0.54%

Volatility

IFGL vs. SOXX - Volatility Comparison

The current volatility for iShares International Developed Real Estate ETF (IFGL) is 4.54%, while iShares Semiconductor ETF (SOXX) has a volatility of 14.03%. This indicates that IFGL 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

	IFGL	SOXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	14.03%	-9.49%
Volatility (6M) Calculated over the trailing 6-month period	11.46%	27.35%	-15.89%
Volatility (1Y) Calculated over the trailing 1-year period	13.68%	34.18%	-20.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.38%	36.11%	-19.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.59%	33.43%	-16.84%

IFGL vs. SOXX - Expense Ratio Comparison

IFGL has a 0.48% expense ratio, which is higher than SOXX's 0.34% expense ratio.

Dividends

IFGL vs. SOXX - Dividend Comparison

IFGL's dividend yield for the trailing twelve months is around 3.90%, more than SOXX's 0.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IFGL iShares International Developed Real Estate ETF	3.90%	3.71%	4.83%	1.82%	2.79%	3.25%	2.17%	7.60%	4.10%	4.90%	7.68%	3.70%
SOXX iShares Semiconductor ETF	0.27%	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 IFGL and SOXX in my portfolio?

IFGL and SOXX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IFGL or SOXX?

SOXX has higher volatility (14.03%) compared to IFGL (4.54%). In terms of maximum drawdown, IFGL dropped -67.94% vs SOXX's -70.21%.

Which ETF is better, IFGL or SOXX?

On 10-year performance, SOXX leads with 35.79% vs 1.41% for IFGL. On fees, SOXX is cheaper at 0.34% per year. On volatility, IFGL has been the lower-risk option at 4.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IFGL or SOXX?

Over the 10-year period, SOXX has performed better with a 35.79% return vs 1.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IFGL or SOXX?

SOXX is cheaper with a 0.34% expense ratio, compared with 0.48% for IFGL.

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

IFGL has the higher dividend yield at 3.90%, compared with 0.27% for SOXX.

What is the main difference between IFGL and SOXX?

IFGL is categorized as REIT, while SOXX is Semiconductors. IFGL tracks FTSE EPRA/NAREIT Developed Real Estate ex-U.S. Index, while SOXX tracks NYSE Semiconductor Index. Their fees differ too: 0.48% for IFGL and 0.34% for SOXX.

Which has better risk-adjusted returns?

SOXX currently has the higher Sharpe Ratio (5.61 vs 0.45), 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.