IGV vs. SOXX
Compare and contrast key facts about iShares Expanded Tech-Software Sector ET (IGV) and iShares PHLX Semiconductor ETF (SOXX).
IGV and SOXX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGV is a passively managed fund by iShares that tracks the performance of the S&P North American Technology-Software Index. It was launched on Jul 10, 2001. 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. Both IGV and SOXX 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: IGV or SOXX.
Performance
IGV vs. SOXX - Performance Comparison
Returns By Period
In the year-to-date period, IGV achieves a 26.37% return, which is significantly higher than SOXX's 12.15% return. Over the past 10 years, IGV has underperformed SOXX with an annualized return of 20.09%, while SOXX has yielded a comparatively higher 23.15% annualized return.
IGV
26.37%
11.06%
21.37%
35.02%
18.42%
20.09%
SOXX
12.15%
-6.54%
-7.47%
23.73%
24.11%
23.15%
Key characteristics
| IGV | SOXX | |
|---|---|---|
| Sharpe Ratio | 1.82 | 0.74 |
| Sortino Ratio | 2.32 | 1.18 |
| Omega Ratio | 1.32 | 1.15 |
| Calmar Ratio | 2.48 | 1.02 |
| Martin Ratio | 7.89 | 2.53 |
| Ulcer Index | 4.70% | 10.08% |
| Daily Std Dev | 20.38% | 34.31% |
| Max Drawdown | -92.69% | -70.21% |
| Current Drawdown | -1.82% | -19.07% |
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IGV vs. SOXX - Expense Ratio Comparison
Both IGV and SOXX have an expense ratio of 0.46%.
Correlation
The correlation between IGV and SOXX is 0.75, 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.
Risk-Adjusted Performance
IGV vs. SOXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech-Software Sector ET (IGV) 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
IGV vs. SOXX - Dividend Comparison
IGV's dividend yield for the trailing twelve months is around 0.32%, less than SOXX's 0.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGV iShares Expanded Tech-Software Sector ET | 0.32% | 0.41% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% | 0.29% | 0.33% |
SOXX iShares PHLX Semiconductor ETF | 0.68% | 0.78% | 1.25% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% | 1.56% | 1.18% |
Drawdowns
IGV vs. SOXX - Drawdown Comparison
The maximum IGV drawdown since its inception was -92.69%, which is greater than SOXX's maximum drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for IGV and SOXX. For additional features, visit the drawdowns tool.
Volatility
IGV vs. SOXX - Volatility Comparison
The current volatility for iShares Expanded Tech-Software Sector ET (IGV) is 7.12%, while iShares PHLX Semiconductor ETF (SOXX) has a volatility of 8.88%. This indicates that IGV 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.