NVTS vs. SOXX
Compare and contrast key facts about Navitas Semiconductor Corporation (NVTS) and iShares PHLX Semiconductor ETF (SOXX).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVTS or SOXX.
Correlation
The correlation between NVTS and SOXX is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NVTS vs. SOXX - Performance Comparison
Key characteristics
NVTS:
-0.66
SOXX:
0.51
NVTS:
-0.84
SOXX:
0.91
NVTS:
0.91
SOXX:
1.11
NVTS:
-0.64
SOXX:
0.71
NVTS:
-1.26
SOXX:
1.49
NVTS:
46.42%
SOXX:
11.91%
NVTS:
88.33%
SOXX:
34.70%
NVTS:
-91.17%
SOXX:
-70.21%
NVTS:
-85.32%
SOXX:
-17.74%
Returns By Period
In the year-to-date period, NVTS achieves a -17.09% return, which is significantly lower than SOXX's 0.95% return.
NVTS
-17.09%
-13.95%
-38.46%
-54.81%
N/A
N/A
SOXX
0.95%
-2.43%
-16.06%
17.82%
21.97%
23.36%
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Risk-Adjusted Performance
NVTS vs. SOXX — Risk-Adjusted Performance Rank
NVTS
SOXX
NVTS vs. SOXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Navitas Semiconductor Corporation (NVTS) 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
NVTS vs. SOXX - Dividend Comparison
NVTS has not paid dividends to shareholders, while SOXX's dividend yield for the trailing twelve months is around 0.66%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVTS Navitas Semiconductor Corporation | 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 PHLX Semiconductor ETF | 0.66% | 0.67% | 0.78% | 1.25% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% | 1.56% |
Drawdowns
NVTS vs. SOXX - Drawdown Comparison
The maximum NVTS drawdown since its inception was -91.17%, which is greater than SOXX's maximum drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for NVTS and SOXX. For additional features, visit the drawdowns tool.
Volatility
NVTS vs. SOXX - Volatility Comparison
Navitas Semiconductor Corporation (NVTS) has a higher volatility of 41.94% compared to iShares PHLX Semiconductor ETF (SOXX) at 9.03%. This indicates that NVTS's price experiences larger fluctuations and is considered to be riskier than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.