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NE vs. SOXX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

NE vs. SOXX

Last updated Jun 4, 2026

NE (Noble Corporation) is a stock, while SOXX (iShares Semiconductor ETF) is Semiconductors fund tracking the NYSE Semiconductor Index. Over the past 3 years, NE returned 9.82%/yr vs 57.39%/yr for SOXX. At a 0.25 correlation, their price movements are largely independent.

Performance

NE vs. SOXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Noble Corporation (NE) and iShares Semiconductor ETF (SOXX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, NE achieves a 67.02% return, which is significantly lower than SOXX's 104.57% return.

NE

1D
-1.02%
1M
-8.40%
YTD
67.02%
6M
42.41%
1Y
84.69%
3Y*
9.82%
5Y*
—
10Y*
—

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)

NE vs. SOXX - Yearly Performance Comparison

2026 (YTD)20252024202320222021
NE
Noble Corporation		67.02%-3.21%-31.57%29.54%52.00%0.24%
SOXX
iShares Semiconductor ETF		104.57%40.74%12.92%67.12%-35.09%27.12%

Correlation

The correlation between NE and SOXX is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.14

Correlation (3Y)
Calculated over the trailing 3-year period

0.23

Correlation (All Time)
Calculated using the full available price history since Jun 10, 2021

0.25

The correlation between NE and SOXX shifts across timeframes, from 0.14 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Noble Corporation

iShares Semiconductor ETF

Often compared with NE:
NE vs. MSFTNE vs. RIGNE vs. SDRLNE vs. XOMNE vs. NBRNE vs. PTENNE vs. VOO
Often compared with SOXX:
SOXX vs. SMHSOXX vs. QQQSOXX vs. SOXLSOXX vs. SOXQSOXX vs. FSELXSOXX vs. VGTSOXX vs. VOO

Return for Risk

NE vs. SOXX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NE
NE Risk / Return Rank: 8787
Overall Rank
NE Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
NE Sortino Ratio Rank: 8585
Sortino Ratio Rank
NE Omega Ratio Rank: 8282
Omega Ratio Rank
NE Calmar Ratio Rank: 9191
Calmar Ratio Rank
NE Martin Ratio Rank: 8989
Martin Ratio Rank
SOXX
SOXX Risk / Return Rank: 9797
Overall Rank
SOXX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
SOXX Sortino Ratio Rank: 9595
Sortino Ratio Rank
SOXX Omega Ratio Rank: 9595
Omega Ratio Rank
SOXX Calmar Ratio Rank: 9797
Calmar Ratio Rank
SOXX Martin Ratio Rank: 9797
Martin Ratio Rank
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.

NE vs. SOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Noble Corporation (NE) 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.

NESOXXDifference
Sharpe ratioReturn per unit of total volatility
2.09
5.61

-3.52

Sortino ratioReturn per unit of downside risk
2.77
5.36

-2.59

Omega ratioGain probability vs. loss probability

1.33

1.74

-0.41

Calmar ratioReturn relative to maximum drawdown

5.14

12.13

-6.99

Martin ratioReturn relative to average drawdown

11.37

46.43

-35.06

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NE vs. SOXX - Sharpe Ratio Comparison

The current NE Sharpe Ratio is 2.09, which is lower than the SOXX Sharpe Ratio of 5.61. The chart below compares the historical Sharpe Ratios of NE 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.

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Sharpe Ratios by Period

NESOXXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.09

5.61

-3.52

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.96

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

1.07

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

0.45

-0.06

Drawdowns

NE vs. SOXX - Drawdown Comparison

The maximum NE drawdown since its inception was -63.16%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for NE and SOXX.

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Drawdown Indicators

NESOXXDifference

Max Drawdown

Largest peak-to-trough decline

-63.16%

-70.21%

+7.05%

Max Drawdown (1Y)

Largest decline over 1 year

-16.56%

-15.77%

-0.79%

Max Drawdown (3Y)

Largest decline over 3 years

-63.16%

-41.36%

-21.80%

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

-14.20%

0.00%

-14.20%

Average Drawdown

Average peak-to-trough decline

-19.54%

-19.97%

+0.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.47%

4.11%

+3.36%

Volatility

NE vs. SOXX - Volatility Comparison

The current volatility for Noble Corporation (NE) is 9.89%, while iShares Semiconductor ETF (SOXX) has a volatility of 14.03%. This indicates that NE 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.

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Volatility by Period

NESOXXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.89%

14.03%

-4.14%

Volatility (6M)

Calculated over the trailing 6-month period

29.66%

27.35%

+2.31%

Volatility (1Y)

Calculated over the trailing 1-year period

40.87%

34.18%

+6.69%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

43.43%

36.11%

+7.32%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

43.43%

33.43%

+10.00%

Dividends

NE vs. SOXX - Dividend Comparison

NE's dividend yield for the trailing twelve months is around 4.29%, more than SOXX's 0.27% yield.

PositionTTM20252024202320222021202020192018201720162015
NE
Noble Corporation		4.29%7.08%5.73%1.45%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
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

NE and SOXX have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SOXX has higher volatility (14.03%) compared to NE (9.89%). In terms of maximum drawdown, NE dropped -63.16% vs SOXX's -70.21%.

SOXX currently has the higher Sharpe Ratio (5.61 vs 2.09), 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.

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