RSNRX vs. SHOC

Last updated Apr 2, 2026

Compare and contrast key facts about Victory Global Energy Transition Fund (RSNRX) and Strive U.S. Semiconductor ETF (SHOC).

RSNRX is managed by Victory. It was launched on Nov 14, 1995. SHOC is a passively managed fund by Strive that tracks the performance of the Bloomberg US Listed Semiconductors Select Index - Benchmark TR Gross. It was launched on Oct 5, 2022.

Performance

RSNRX vs. SHOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victory Global Energy Transition Fund (RSNRX) and Strive U.S. Semiconductor ETF (SHOC). The values are adjusted to include any dividend payments, if applicable.

RSNRX vs. SHOC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
RSNRX Victory Global Energy Transition Fund	16.87%	69.60%	15.94%	-8.64%	3.22%
SHOC Strive U.S. Semiconductor ETF	7.67%	49.91%	16.74%	61.97%	-1.17%

Returns By Period

In the year-to-date period, RSNRX achieves a 16.87% return, which is significantly higher than SHOC's 7.67% return.

RSNRX

• 1D: 1.28%
• 1M: 0.26%
• YTD: 16.87%
• 6M: 31.78%
• 1Y: 107.01%
• 3Y*: 27.41%
• 5Y*: 30.06%
• 10Y*: 13.96%

SHOC

• 1D: 2.54%
• 1M: -3.16%
• YTD: 7.67%
• 6M: 15.88%
• 1Y: 85.73%
• 3Y*: 34.53%
• 5Y*: —
• 10Y*: —

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

RSNRX vs. SHOC - Expense Ratio Comparison

RSNRX has a 1.48% expense ratio, which is higher than SHOC's 0.40% expense ratio.

RSNRX

Victory Global Energy Transition Fund

SHOC

Strive U.S. Semiconductor ETF

Return for Risk

RSNRX vs. SHOC — Risk / Return Rank

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

RSNRX

RSNRX Risk / Return Rank: 98
RSNRX Sharpe Ratio Rank: 99
RSNRX Sortino Ratio Rank: 98
RSNRX Omega Ratio Rank: 97
RSNRX Calmar Ratio Rank: 99
RSNRX Martin Ratio Rank: 99

SHOC

SHOC Risk / Return Rank: 94
SHOC Sharpe Ratio Rank: 93
SHOC Sortino Ratio Rank: 93
SHOC Omega Ratio Rank: 91
SHOC Calmar Ratio Rank: 98
SHOC 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.

RSNRX vs. SHOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victory Global Energy Transition Fund (RSNRX) and Strive U.S. Semiconductor ETF (SHOC). 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.

	RSNRX	SHOC	Difference
Sharpe ratio Return per unit of total volatility	4.08	2.27	+1.81
Sortino ratio Return per unit of downside risk	4.47	2.87	+1.59
Omega ratio Gain probability vs. loss probability	1.66	1.40	+0.26
Calmar ratio Return relative to maximum drawdown	7.33	5.59	+1.74
Martin ratio Return relative to average drawdown	27.20	19.55	+7.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RSNRX vs. SHOC - Sharpe Ratio Comparison

The current RSNRX Sharpe Ratio is 4.08, which is higher than the SHOC Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of RSNRX and SHOC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RSNRX	SHOC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.08	2.27	+1.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.19	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	1.07	-0.78

Correlation

The correlation between RSNRX and SHOC is 0.44, 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.

Dividends

RSNRX vs. SHOC - Dividend Comparison

RSNRX's dividend yield for the trailing twelve months is around 3.75%, more than SHOC's 0.22% yield.

	TTM	2025	2024	2023	2022	2021	2020
RSNRX Victory Global Energy Transition Fund	3.75%	4.38%	1.65%	2.36%	0.78%	0.00%	0.05%
SHOC Strive U.S. Semiconductor ETF	0.22%	0.23%	0.35%	0.65%	0.24%	0.00%	0.00%

Drawdowns

RSNRX vs. SHOC - Drawdown Comparison

The maximum RSNRX drawdown since its inception was -89.73%, which is greater than SHOC's maximum drawdown of -37.54%. Use the drawdown chart below to compare losses from any high point for RSNRX and SHOC.

Drawdown Indicators

	RSNRX	SHOC	Difference
Max Drawdown Largest peak-to-trough decline	-89.73%	-37.54%	-52.19%
Max Drawdown (1Y) Largest decline over 1 year	-14.36%	-15.48%	+1.12%
Max Drawdown (5Y) Largest decline over 5 years	-25.44%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-84.27%	—	—
Current Drawdown Current decline from peak	-0.65%	-7.58%	+6.93%
Average Drawdown Average peak-to-trough decline	-26.07%	-7.77%	-18.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.87%	4.42%	-0.55%

Volatility

RSNRX vs. SHOC - Volatility Comparison

The current volatility for Victory Global Energy Transition Fund (RSNRX) is 6.66%, while Strive U.S. Semiconductor ETF (SHOC) has a volatility of 11.63%. This indicates that RSNRX experiences smaller price fluctuations and is considered to be less risky than SHOC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSNRX	SHOC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.66%	11.63%	-4.97%
Volatility (6M) Calculated over the trailing 6-month period	19.24%	25.06%	-5.82%
Volatility (1Y) Calculated over the trailing 1-year period	26.79%	38.01%	-11.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.47%	35.07%	-9.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.80%	35.07%	-3.27%