SBI vs. SOXQ
SBI (Western Asset Intermediate Muni Fund Inc.) and SOXQ (Invesco PHLX Semiconductor ETF) are both funds - SBI is a Intermediate Core Bond fund managed by Western Asset, while SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. Over the past 5 years, SBI returned 0.47%/yr vs 34.04%/yr for SOXQ. At a 0.18 correlation, their price movements are largely independent.
Performance
SBI vs. SOXQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SBI achieves a 5.17% return, which is significantly lower than SOXQ's 90.62% return.
SBI
- 1D
- -0.10%
- 1M
- 1.44%
- YTD
- 5.17%
- 6M
- 4.76%
- 1Y
- 11.55%
- 3Y*
- 6.63%
- 5Y*
- 0.47%
- 10Y*
- 1.30%
SOXQ
- 1D
- -7.82%
- 1M
- 10.55%
- YTD
- 90.62%
- 6M
- 87.99%
- 1Y
- 158.27%
- 3Y*
- 57.61%
- 5Y*
- 34.04%
- 10Y*
- —
SBI vs. SOXQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SBI Western Asset Intermediate Muni Fund Inc. | 5.17% | 5.95% | 6.83% | 5.37% | -18.45% | 1.91% |
SOXQ Invesco PHLX Semiconductor ETF | 90.62% | 43.11% | 20.16% | 66.74% | -35.59% | 25.19% |
Correlation
The correlation between SBI and SOXQ is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jun 11, 2021 | 0.18 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SBI vs. SOXQ — Risk / Return Rank
SBI
SOXQ
SBI vs. SOXQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Intermediate Muni Fund Inc. (SBI) and Invesco PHLX Semiconductor ETF (SOXQ). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SBI | SOXQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.39 | ||
| Sortino ratioReturn per unit of downside risk | -1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.58 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 2.43 | 10.22 | -7.79 |
| Martin ratioReturn relative to average drawdown | 8.53 | 36.68 | -28.15 |
Loading charts...
Drawdowns
SBI vs. SOXQ - Drawdown Comparison
The maximum SBI drawdown since its inception was -33.70%, smaller than the maximum SOXQ drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for SBI and SOXQ.
Loading charts...
Drawdown Indicators
| SBI | SOXQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.70% | -46.01% | +12.31% |
Max Drawdown (1Y)Largest decline over 1 year | -4.77% | -15.59% | +10.82% |
Max Drawdown (3Y)Largest decline over 3 years | -8.90% | -39.36% | +30.46% |
Max Drawdown (5Y)Largest decline over 5 years | -25.21% | -46.01% | +20.80% |
Max Drawdown (10Y)Largest decline over 10 years | -25.21% | — | — |
Current DrawdownCurrent decline from peak | -0.10% | -7.82% | +7.72% |
Average DrawdownAverage peak-to-trough decline | -7.68% | -12.87% | +5.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.36% | 4.33% | -2.97% |
Volatility
SBI vs. SOXQ - Volatility Comparison
The current volatility for Western Asset Intermediate Muni Fund Inc. (SBI) is 1.58%, while Invesco PHLX Semiconductor ETF (SOXQ) has a volatility of 22.04%. This indicates that SBI experiences smaller price fluctuations and is considered to be less risky than SOXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SBI | SOXQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.58% | 22.04% | -20.46% |
Volatility (6M)Calculated over the trailing 6-month period | 5.25% | 32.49% | -27.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.81% | 38.78% | -31.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.91% | 37.34% | -28.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.74% | 37.24% | -27.50% |
Dividends
SBI vs. SOXQ - Dividend Comparison
SBI's dividend yield for the trailing twelve months is around 6.45%, more than SOXQ's 0.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SBI Western Asset Intermediate Muni Fund Inc. | 6.45% | 6.56% | 6.23% | 3.76% | 3.72% | 2.93% | 3.07% | 3.59% | 4.32% | 4.58% | 5.01% | 4.70% |
SOXQ Invesco PHLX Semiconductor ETF | 0.27% | 0.50% | 0.68% | 0.87% | 1.36% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SBI and SOXQ have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOXQ has higher volatility (22.04%) compared to SBI (1.58%). In terms of maximum drawdown, SBI dropped -33.70% vs SOXQ's -46.01%.
SOXQ currently has the higher Sharpe Ratio (4.11 vs 1.71), 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.
Find the right allocation for SBI and SOXQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer