SEMI.AX vs. OOO.AX
SEMI.AX (Global X Semiconductor ETF) and OOO.AX (Betashares Crude Oil Index Currency Hedged Complex ETF) are both Global Equities funds. SEMI.AX is passively managed, while OOO.AX is actively managed. Over the past 3 years, SEMI.AX returned 56.20%/yr vs 19.00%/yr for OOO.AX. At a 0.00 correlation, their price movements are largely independent.
Performance
SEMI.AX vs. OOO.AX - Performance Comparison
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Returns By Period
In the year-to-date period, SEMI.AX achieves a 73.20% return, which is significantly higher than OOO.AX's 63.70% return.
SEMI.AX
- 1D
- -5.18%
- 1M
- -8.58%
- 6M
- 56.90%
- YTD
- 73.20%
- 1Y
- 121.94%
- 3Y*
- 56.20%
- 5Y*
- —
- 10Y*
- —
OOO.AX
- 1D
- 0.00%
- 1M
- -0.10%
- 6M
- 56.08%
- YTD
- 63.70%
- 1Y
- 50.75%
- 3Y*
- 19.00%
- 5Y*
- 11.34%
- 10Y*
- 0.01%
SEMI.AX vs. OOO.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% |
OOO.AX Betashares Crude Oil Index Currency Hedged Complex ETF | 63.70% | -7.58% | 10.33% | -4.20% | -1.77% | 14.31% |
Correlation
The correlation between SEMI.AX and OOO.AX is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2021 | 0.00 |
The correlation between SEMI.AX and OOO.AX shifts across timeframes, from -0.23 (1 year) to 0.00 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SEMI.AX vs. OOO.AX — Risk / Return Rank
SEMI.AX
OOO.AX
SEMI.AX vs. OOO.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Semiconductor ETF (SEMI.AX) and Betashares Crude Oil Index Currency Hedged Complex ETF (OOO.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 | OOO.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.55 | ||
| Sortino ratioReturn per unit of downside risk | +2.11 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.25 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 8.01 | 1.44 | +6.57 |
| Martin ratioReturn relative to average drawdown | 25.91 | 3.62 | +22.29 |
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Drawdowns
SEMI.AX vs. OOO.AX - Drawdown Comparison
The maximum SEMI.AX drawdown since its inception was -38.85%, smaller than the maximum OOO.AX drawdown of -95.09%. Use the drawdown chart below to compare losses from any high point for SEMI.AX and OOO.AX.
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Drawdown Indicators
| SEMI.AX | OOO.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.85% | -95.09% | +56.24% |
Max Drawdown (1Y)Largest decline over 1 year | -14.32% | -33.79% | +19.47% |
Max Drawdown (3Y)Largest decline over 3 years | -32.53% | -33.79% | +1.26% |
Max Drawdown (5Y)Largest decline over 5 years | — | -51.22% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -86.96% | — |
Current DrawdownCurrent decline from peak | -14.32% | -74.02% | +59.70% |
Average DrawdownAverage peak-to-trough decline | -10.86% | -64.58% | +53.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.48% | 13.72% | -9.24% |
Volatility
SEMI.AX vs. OOO.AX - Volatility Comparison
Global X Semiconductor ETF (SEMI.AX) has a higher volatility of 15.14% compared to Betashares Crude Oil Index Currency Hedged Complex ETF (OOO.AX) at 12.86%. This indicates that SEMI.AX's price experiences larger fluctuations and is considered to be riskier than OOO.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SEMI.AX | OOO.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.14% | 12.86% | +2.28% |
Volatility (6M)Calculated over the trailing 6-month period | 29.63% | 61.15% | -31.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.76% | 64.88% | -30.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.62% | 45.17% | -13.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.62% | 44.75% | -13.13% |
Dividends
SEMI.AX vs. OOO.AX - Dividend Comparison
SEMI.AX's dividend yield for the trailing twelve months is around 7.62%, more than OOO.AX's 4.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OOO.AX Betashares Crude Oil Index Currency Hedged Complex ETF | 4.10% | 0.00% | 4.68% | 0.00% | 19.05% | 28.49% | 16.20% | 5.92% | 3.11% | 0.00% | 0.00% | 1.06% |
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 OOO.AX have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Global X and BetaShares.
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