PSCH vs. SOXX
Compare and contrast key facts about Invesco S&P SmallCap Health Care ETF (PSCH) and iShares PHLX Semiconductor ETF (SOXX).
PSCH and SOXX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PSCH is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Health Care Index. It was launched on Apr 7, 2010. 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 PSCH 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: PSCH or SOXX.
Key characteristics
| PSCH | SOXX | |
|---|---|---|
| YTD Return | 12.00% | 16.73% |
| 1Y Return | 35.58% | 37.53% |
| 3Y Return (Ann) | -8.94% | 9.57% |
| 5Y Return (Ann) | 4.06% | 24.59% |
| 10Y Return (Ann) | 9.59% | 23.99% |
| Sharpe Ratio | 1.68 | 1.06 |
| Sortino Ratio | 2.55 | 1.53 |
| Omega Ratio | 1.30 | 1.20 |
| Calmar Ratio | 0.78 | 1.45 |
| Martin Ratio | 10.25 | 3.72 |
| Ulcer Index | 3.56% | 9.73% |
| Daily Std Dev | 21.67% | 34.26% |
| Max Drawdown | -47.32% | -70.21% |
| Current Drawdown | -27.42% | -15.76% |
Correlation
The correlation between PSCH and SOXX is 0.59, 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
PSCH vs. SOXX - Performance Comparison
In the year-to-date period, PSCH achieves a 12.00% return, which is significantly lower than SOXX's 16.73% return. Over the past 10 years, PSCH has underperformed SOXX with an annualized return of 9.59%, while SOXX has yielded a comparatively higher 23.99% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PSCH vs. SOXX - Expense Ratio Comparison
PSCH has a 0.29% expense ratio, which is lower than SOXX's 0.46% expense ratio.
Risk-Adjusted Performance
PSCH vs. SOXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Health Care ETF (PSCH) 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
PSCH vs. SOXX - Dividend Comparison
PSCH's dividend yield for the trailing twelve months is around 0.22%, less than SOXX's 0.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSCH Invesco S&P SmallCap Health Care ETF | 0.22% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 1.02% | 0.03% |
SOXX iShares PHLX Semiconductor ETF | 0.65% | 0.78% | 1.25% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% | 1.56% | 1.18% |
Drawdowns
PSCH vs. SOXX - Drawdown Comparison
The maximum PSCH drawdown since its inception was -47.32%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for PSCH and SOXX. For additional features, visit the drawdowns tool.
Volatility
PSCH vs. SOXX - Volatility Comparison
The current volatility for Invesco S&P SmallCap Health Care ETF (PSCH) is 7.45%, while iShares PHLX Semiconductor ETF (SOXX) has a volatility of 9.54%. This indicates that PSCH 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.