SEMI.AX vs. ILB.AX
SEMI.AX (Global X Semiconductor ETF) and ILB.AX (iShares Government Inflation ETF) are both Global Equities funds - SEMI.AX tracks the Global X Semiconductor Index while ILB.AX tracks the iShares Government Inflation Index. Both are passively managed. Over the past 3 years, SEMI.AX returned 56.20%/yr vs 2.59%/yr for ILB.AX. At a 0.11 correlation, their price movements are largely independent.
Performance
SEMI.AX vs. ILB.AX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SEMI.AX achieves a 73.20% return, which is significantly higher than ILB.AX's 1.76% return.
SEMI.AX
- 1D
- -5.18%
- 1M
- -8.58%
- 6M
- 56.90%
- YTD
- 73.20%
- 1Y
- 121.94%
- 3Y*
- 56.20%
- 5Y*
- —
- 10Y*
- —
ILB.AX
- 1D
- -0.06%
- 1M
- -0.45%
- 6M
- 1.64%
- YTD
- 1.76%
- 1Y
- 3.25%
- 3Y*
- 2.59%
- 5Y*
- 0.08%
- 10Y*
- 1.99%
SEMI.AX vs. ILB.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SEMI.AX Global X Semiconductor ETF | 73.20% | 43.80% | 35.17% | 69.12% | -30.92% | 15.60% |
ILB.AX iShares Government Inflation ETF | 1.76% | 2.96% | -0.96% | 8.89% | -10.83% | 0.07% |
Correlation
The correlation between SEMI.AX and ILB.AX is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2021 | 0.11 |
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.AX vs. ILB.AX — Risk / Return Rank
SEMI.AX
ILB.AX
SEMI.AX vs. ILB.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Semiconductor ETF (SEMI.AX) and iShares Government Inflation ETF (ILB.AX). 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.
| SEMI.AX | ILB.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.71 | ||
| Sortino ratioReturn per unit of downside risk | +2.82 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.10 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 8.01 | 0.68 | +7.33 |
| Martin ratioReturn relative to average drawdown | 25.91 | 1.57 | +24.35 |
Loading charts...
Drawdowns
SEMI.AX vs. ILB.AX - Drawdown Comparison
The maximum SEMI.AX drawdown since its inception was -38.85%, which is greater than ILB.AX's maximum drawdown of -17.45%. Use the drawdown chart below to compare losses from any high point for SEMI.AX and ILB.AX.
Loading charts...
Drawdown Indicators
| SEMI.AX | ILB.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.85% | -17.45% | -21.40% |
Max Drawdown (1Y)Largest decline over 1 year | -14.32% | -4.40% | -9.92% |
Max Drawdown (3Y)Largest decline over 3 years | -32.53% | -4.40% | -28.13% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.45% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.45% | — |
Current DrawdownCurrent decline from peak | -14.32% | -0.93% | -13.39% |
Average DrawdownAverage peak-to-trough decline | -10.86% | -3.59% | -7.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.48% | 1.95% | +2.53% |
Volatility
SEMI.AX vs. ILB.AX - Volatility Comparison
Global X Semiconductor ETF (SEMI.AX) has a higher volatility of 15.14% compared to iShares Government Inflation ETF (ILB.AX) at 0.81%. This indicates that SEMI.AX's price experiences larger fluctuations and is considered to be riskier than ILB.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SEMI.AX | ILB.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.14% | 0.81% | +14.33% |
Volatility (6M)Calculated over the trailing 6-month period | 29.63% | 3.51% | +26.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.76% | 5.05% | +29.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.62% | 7.38% | +24.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.62% | 7.33% | +24.29% |
Dividends
SEMI.AX vs. ILB.AX - Dividend Comparison
SEMI.AX's dividend yield for the trailing twelve months is around 7.62%, more than ILB.AX's 1.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ILB.AX iShares Government Inflation ETF | 1.64% | 1.56% | 1.65% | 1.56% | 0.85% | 0.53% | 0.83% | 1.40% | 0.74% | 0.70% | 1.22% | 1.63% |
SEMI.AX Global X Semiconductor ETF | 7.62% | 5.60% | 3.44% | 0.54% | 0.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SEMI.AX and ILB.AX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SEMI.AX tracks Global X Semiconductor Index, while ILB.AX tracks iShares Government Inflation Index. They also come from different issuers: Global X and iShares.
Find the right allocation for SEMI.AX and ILB.AX
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