SEMI.AS vs. SEC0.DE
SEMI.AS (iShares MSCI Global Semiconductors UCITS ETF USD Acc) and SEC0.DE (iShares MSCI Global Semiconductors UCITS ETF USD (Acc)) are both Semiconductors funds from iShares - SEMI.AS tracks the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped Index while SEC0.DE tracks the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Both are passively managed. Over the past 3 years, SEMI.AS returned 61.88%/yr vs 61.76%/yr for SEC0.DE. With a 0.97 correlation, they move nearly in lockstep. Both charge a 0.35% expense ratio.
Performance
SEMI.AS vs. SEC0.DE - Performance Comparison
Loading charts...
Different Trading Currencies
SEMI.AS is traded in USD, while SEC0.DE is traded in EUR. To make them comparable, the SEC0.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with SEMI.AS having a 102.20% return and SEC0.DE slightly lower at 101.44%.
SEMI.AS
- 1D
- 1.73%
- 1M
- 31.94%
- YTD
- 102.20%
- 6M
- 105.92%
- 1Y
- 210.36%
- 3Y*
- 61.88%
- 5Y*
- —
- 10Y*
- —
SEC0.DE
- 1D
- 1.79%
- 1M
- 32.09%
- YTD
- 101.44%
- 6M
- 105.83%
- 1Y
- 210.42%
- 3Y*
- 61.76%
- 5Y*
- —
- 10Y*
- —
SEMI.AS vs. SEC0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SEMI.AS iShares MSCI Global Semiconductors UCITS ETF USD Acc | 102.20% | 53.14% | 15.06% | 65.69% | -35.80% | 15.69% |
SEC0.DE iShares MSCI Global Semiconductors UCITS ETF USD (Acc) | 101.44% | 54.06% | 13.94% | 66.10% | -35.95% | 16.63% |
Correlation
The correlation between SEMI.AS and SEC0.DE is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2021 | 0.97 |
The correlation between SEMI.AS and SEC0.DE has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.
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
SEMI.AS vs. SEC0.DE — Risk / Return Rank
SEMI.AS
SEC0.DE
SEMI.AS vs. SEC0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Semiconductors UCITS ETF USD Acc (SEMI.AS) and iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE). 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.
| SEMI.AS | SEC0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.80 | 1.80 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 14.16 | 14.13 | +0.03 |
| Martin ratioReturn relative to average drawdown | 52.55 | 52.77 | -0.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SEMI.AS | SEC0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.36 | 6.37 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.11 | 1.13 | -0.02 |
Drawdowns
SEMI.AS vs. SEC0.DE - Drawdown Comparison
The maximum SEMI.AS drawdown since its inception was -45.27%, roughly equal to the maximum SEC0.DE drawdown of -45.36%. Use the drawdown chart below to compare losses from any high point for SEMI.AS and SEC0.DE.
Loading charts...
Drawdown Indicators
| SEMI.AS | SEC0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.27% | -45.36% | +0.09% |
Max Drawdown (1Y)Largest decline over 1 year | -14.57% | -14.80% | +0.23% |
Max Drawdown (3Y)Largest decline over 3 years | -38.23% | -38.70% | +0.47% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -13.40% | -13.42% | +0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 3.97% | -0.02% |
Volatility
SEMI.AS vs. SEC0.DE - Volatility Comparison
iShares MSCI Global Semiconductors UCITS ETF USD Acc (SEMI.AS) and iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) have volatilities of 13.09% and 13.28%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SEMI.AS | SEC0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.09% | 13.28% | -0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 25.64% | 25.73% | -0.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.47% | 32.87% | -0.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.59% | 31.26% | +0.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.59% | 31.26% | +0.33% |
SEMI.AS vs. SEC0.DE - Expense Ratio Comparison
Both SEMI.AS and SEC0.DE have an expense ratio of 0.35%.
Dividends
SEMI.AS vs. SEC0.DE - Dividend Comparison
Neither SEMI.AS nor SEC0.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.98, SEMI.AS and SEC0.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SEMI.AS and SEC0.DE have the same expense ratio: 0.35% per year.
SEMI.AS tracks MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped Index, while SEC0.DE tracks MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped.
Find the right allocation for SEMI.AS and SEC0.DE
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