SEMI.AX vs. IVE.AX
SEMI.AX (Global X Semiconductor ETF) and IVE.AX (iShares MSCI EAFE ETF (AU)) are both Global Equities funds - SEMI.AX tracks the Global X Semiconductor Index while IVE.AX tracks the iShares MSCI EAFE Index. Both are passively managed. Over the past 3 years, SEMI.AX returned 51.37%/yr vs 12.87%/yr for IVE.AX. At a 0.49 correlation, their price movements are largely independent.
Performance
SEMI.AX vs. IVE.AX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SEMI.AX achieves a 59.90% return, which is significantly higher than IVE.AX's 3.52% return.
SEMI.AX
- 1D
- -7.68%
- 1M
- -15.15%
- 6M
- 42.26%
- YTD
- 59.90%
- 1Y
- 104.12%
- 3Y*
- 51.37%
- 5Y*
- —
- 10Y*
- —
IVE.AX
- 1D
- -1.72%
- 1M
- -1.09%
- 6M
- 0.19%
- YTD
- 3.52%
- 1Y
- 10.92%
- 3Y*
- 12.87%
- 5Y*
- 9.77%
- 10Y*
- 9.87%
SEMI.AX vs. IVE.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SEMI.AX Global X Semiconductor ETF | 59.90% | 43.80% | 35.17% | 69.12% | -30.92% | 15.60% |
IVE.AX iShares MSCI EAFE ETF (AU) | 3.52% | 21.53% | 11.29% | 16.82% | -6.23% | -0.18% |
Correlation
The correlation between SEMI.AX and IVE.AX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2021 | 0.49 |
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. IVE.AX — Risk / Return Rank
SEMI.AX
IVE.AX
SEMI.AX vs. IVE.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Semiconductor ETF (SEMI.AX) and iShares MSCI EAFE ETF (AU) (IVE.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 | IVE.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.97 | ||
| Sortino ratioReturn per unit of downside risk | +1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.17 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 4.80 | 0.99 | +3.80 |
| Martin ratioReturn relative to average drawdown | 21.73 | 3.36 | +18.37 |
Loading charts...
Drawdowns
SEMI.AX vs. IVE.AX - Drawdown Comparison
The maximum SEMI.AX drawdown since its inception was -38.85%, smaller than the maximum IVE.AX drawdown of -45.63%. Use the drawdown chart below to compare losses from any high point for SEMI.AX and IVE.AX.
Loading charts...
Drawdown Indicators
| SEMI.AX | IVE.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.85% | -45.63% | +6.78% |
Max Drawdown (1Y)Largest decline over 1 year | -20.90% | -10.66% | -10.24% |
Max Drawdown (3Y)Largest decline over 3 years | -32.53% | -10.66% | -21.87% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.28% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.20% | — |
Current DrawdownCurrent decline from peak | -20.90% | -3.35% | -17.55% |
Average DrawdownAverage peak-to-trough decline | -10.86% | -13.68% | +2.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.67% | 3.18% | +1.49% |
Volatility
SEMI.AX vs. IVE.AX - Volatility Comparison
Global X Semiconductor ETF (SEMI.AX) has a higher volatility of 16.59% compared to iShares MSCI EAFE ETF (AU) (IVE.AX) at 3.31%. This indicates that SEMI.AX's price experiences larger fluctuations and is considered to be riskier than IVE.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SEMI.AX | IVE.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.59% | 3.31% | +13.28% |
Volatility (6M)Calculated over the trailing 6-month period | 30.75% | 10.99% | +19.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.63% | 12.52% | +23.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.80% | 12.14% | +19.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.80% | 12.77% | +19.03% |
Dividends
SEMI.AX vs. IVE.AX - Dividend Comparison
SEMI.AX's dividend yield for the trailing twelve months is around 8.25%, more than IVE.AX's 3.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
IVE.AX iShares MSCI EAFE ETF (AU) | 3.65% | 3.54% | 1.59% | 2.76% | 3.74% | 3.49% | 2.53% | 4.82% | 3.37% | 1.17% |
SEMI.AX Global X Semiconductor ETF | 8.25% | 5.60% | 3.44% | 0.54% | 0.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SEMI.AX and IVE.AX have a correlation of 0.42, 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 IVE.AX tracks iShares MSCI EAFE Index. They also come from different issuers: Global X and iShares.
Find the right allocation for SEMI.AX and IVE.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